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Off market
  • $923,800

    54 Rainey St #Penthouse 08, Austin, TX 78701

    2beds
    2baths
    1,650sqft
    Condo
    Built in 2006
    -- sqft lot
    $923,800 Zestimate®
    $560/sqft
    $4,956 Estimated rent

    Home value

    $923,800

    $831,000 - $1.03M

    $4,956/mo

    Zestimate® history
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    Owner options

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    $4,956/mo

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    Rent Zestimate®

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    $6,969/mo

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    $6,969/mo

    Est. payment

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    What's special

    Welcome to the prestigious Milago Condomimiums on Town Lake! This is a rare opportunity to purchase one of only two units like it in the building. This penthouse condo is meticulously maintained, has a spacious 1650 SF floorplan, and boasts lake views from every room of the condo. Custom paint, lighting, and window coverings are just a few of the upgrades included in this property. The building is situated on Lady Bird Lake, steps to the acclaimed hike and bike trail. Building amenities include a two-story furnished lobby with front desk attendant, full-time management, a reading room, club room, stunning rooftop pool and hot tub, full fitness center, spacious terrace with fountains and seating, and much more.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2.5
    Interior area
    • Total interior livable area: 1,650 sqft

    Property

    Lot
    • Size: 413 sqft
    Details
    • Parcel number: 719761

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 2006

    Community & neighborhood

    Location
    • Region: Austin

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $929 monthly

    Price history

    DateEventPrice
    6/22/2012Sold--
    Source: Agent Provided Report a problem
    4/13/2012Listed for sale$695,000-7.3%$421/sqft
    Source: The Boutique Real Estate Report a problem
    2/3/2012Listing removed$750,000$455/sqft
    Source: The Boutique Real Estate Report a problem
    9/27/2011Listed for sale$750,000$455/sqft
    Source: The Boutique Real Estate Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,328 -16.5%$882,291 -10.9%
    2024$14,761 -0.8%$990,512 -5.5%
    2023$14,875 -11.1%$1,047,860 +10%
    2022$16,729 $952,600 +10%
    2021-- $866,000 +8.3%
    2020$16,327 +3.6%$800,000
    2019$15,756 -0.5%$800,000 -3.7%
    2018$15,838 $830,715 +7.2%
    2017$15,838 +17.4%$775,000 +5.9%
    2016$13,496 $731,621 +10%
    2015$13,496 $665,110 +10%
    2014$13,496 $604,645 +10%
    2013-- $549,677 +19.6%
    2012-- $459,784 +9%
    2011-- $421,934 -0.3%
    2010-- $423,209 -20.9%
    2009-- $535,239
    2008-- $535,239 -6.4%
    2007-- $571,838 +489.5%
    2006-- $96,998

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $923,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $923,800