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Active - Condominium for sale

54 Rainey St #922, Austin, TX

2 bds|2 bth|1,212 sqft

Facts & features

Condominium Property type
464 days on Beycome
2005 Year built
$681 Price/Sqft.
2 car garage Parking
$937/mo HOA
305 sqft Lot size

Why you’ll love it

Welcome to Milago Unit 922, a spacious 2-bedroom, 2-bath residence offering breathtaking panoramic views of Downtown Austin and Lady Bird Lake. Ideally positioned at the tranquil end of Rainey Street, this premier condo blends peaceful lakeside living with immediate access to Austin’s most vibrant dining and entertainment district. This home underwent a comprehensive $150,000 remodel in 2017, completed through a thorough six-month renovation process. Enhancements include new hardwood flooring throughout, reconfigured walls and closets for improved functionality, custom pocket doors, and fully updated bathrooms with new toilets, showers, and modern finishes. The kitchen was completely redesigned with all-new appliances, cabinetry, and countertops, creating a refined, timeless space ideal for everyday living and entertaining. Designed for modern living, the residence features oversized windows with automatic power shades, abundant natural light throughout and seamless indoor-outdoor connection highlighting city and lake views BONUS FEATURES include two premium ground level parking spaces, a dedicated storage unit, refrigerator, and stackable washer/dryer—all included for your convenience. The Milago Condominiums recently completed its first building-wide assessment since original construction, funding major capital improvements including roof replacement and elevator upgrades. The seller has already paid the full assessment for Unit 922, offering peace of mind and value to the next owner. Additionally, the building will soon begin a refresh of common areas and hallways, further enhancing the community’s appeal and long-term value. Milago residents enjoy resort-style amenities, including: - Rooftop pool & spa with grilling stations - 2nd-floor fitness center and club room - 1st-floor resident lounge and landscaped outdoor patio - 24-hour concierge service

Translating description...

Listings courtesy of Kuper Sotheby's Int'l Realty as distributed by MLS GRID.

Listed by: Kirk Lewis • (512) 422-2495 • Kuper Sotheby's Int'l Realty

Co-listed by: Kuper Sotheby's Int'l Realty

Source: Unlock MLS as distributed by MLS GRID, MLS#: 4202725 Unlock MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 1:33 AM EST.

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Affordability

$535,000$1,115,000
1%20%
0%90%
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Estimated monthly payment

$6,100/mo

  • Mortgage$4,172
  • Property tax$991
  • HOA fee
  • Homeowners insurance
Due at closing$655,875
Down payment held in escrow$165,000
Closing costs$12,375
beycome credit Est.$16,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$16,500 Credit back

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Travel times

About Milago Condo Amd

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 01:33am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$825,000 Listed price

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$16,500 Credit back

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