First time to market! Rare northwest corner two bedroom residence for sale on the prized terrace level of the Milago Condominiums building. A sought after combination of serene, private setting and beautiful light-filled living spaces. Original owners have taken meticulous care of the home from recent wood flooring and paint (2021) to recent Bosch and GE microwave dishwasher and refrigerator (2020), LG electric range and LG washer and dryer (2023) and on down the line. Turn key, elevated, and thoughtful updates to closets, lighting, windows treatments, plumbing, electric, HVAC, AV, and more. With none of the maintenance issues to worry about, the new owner can focus on the tranquil setting, park and lake, and enjoyment of the private terrace that leads out to the main terrace. Perfect for children, dogs, gatherings, and just stretching out with a good book enjoying the weather in the privacy of your terrace. The Milago Condominiums building is adjacent to Lady Bird Lake and the acclaimed Anna and Roy Butler Hike-and-Bike Trail. Building amenities are robust and include a full time, on-site manager, 24/7 concierge, furnished lobby, first floor terrace and WiFi lounge, bicycle storage, third floor terrace with seating and BBQ area, fitness center, club room, and rooftop pool and hot tub with additional grilling area. Emma S. Barrientos Mexican American Cultural Center expansion and the Waller Beach at Town Lake Metropolitan Park are set to finalize in Q1/Q2 2025 and will add tremendous value and beauty to the view and the property.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Bookcases
- Breakfast Bar
- Built-in Features
- Counter-Granite
- Entrance Foyer
- High Speed Internet
- No Interior Steps
- Open Floorplan
- Primary Bedroom on Main
- Walk-In Closet(s)
- Flooring: Wood
- Window Features: Window Coverings
Appliances
- Dishwasher
- Disposal
- Microwave
- Oven
- Free-Standing Electric Range
- Refrigerator
- Washer/Dryer
- Laundry Features: Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Waterfront and Water Access
- Water Body Name: Lady Bird Lake
- River Front
Exterior and Lot Features
- Fencing: Privacy
- Patio And Porch Features: Covered, Enclosed, Terrace
Pool and Spa
- Spa Features: Heated, Hot Tub, In Ground
Garage and Parking
- Covered Spaces: 2
- Garage Spaces: 2
- Parking Features: Assigned, Covered, Electric Gate
- Parking Total: 2
Land Info
- Lot Description: Back to Park/Greenbelt
- Lot Size Acres: 0.007
- Lot Size Square Feet: 305
Home Features
- View: Park/Greenbelt
- Security Features: Building Security, Fire Alarm, Secured Garage/Parking, Security Lights, Smoke Detector(s)
Homeowners Association
- Association: Yes
- Association Fee: 836
- Association Fee Frequency: Monthly
- Association Fee Includes: Common Area Maintenance, Trash
- Calculated Total Monthly Association Fees: 836
- Association Name: Somerset
School Information
- Elementary School: Mathews
- High School: Austin
- Middle School: O Henry
- School District: Austin ISD
Amenities and Community Features
- Community Features: BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Covered Parking, Fitness Center, Garage Parking, Gated, Google Fiber, High Speed Internet, Lake, Lounge, Package Service, Pool, Property Manager On-Site, Recycling Area/Center, Storage, Street Lights, Walk/Bike/Hike/Jog Trail(s
Other Property Info
- Annual Tax Amount: 14811.92
- Source Listing Status: Active
- County: Travis
- Directions: East on Cesar Chavez, right on Red River Street, make first left, right on Rainey Street, building is on the right.
- Tax Year: 2023
- Restrictions: Deed Restrictions
- Source Property Type: Residential
- Distance To Water Comments: Less Than 1 Mile
- Area: DT
- Property Subtype: condo
- Source Neighborhood: Milago Condo Amd
- Ownership Type: Fee-Simple
- Parcel Number: 02030312240000
- Subdivision: Milago Condo Amd
- Flood Plain: No
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1212
- Year Built: 2005
- Builder Name: Fairfield
- Construction Materials: Brick, Stucco
- Direction Faces: NW
- Foundation Details: Combination
- Levels: One
- Living Area Source: Public Records
- Property Age: 19
- Roof: Concrete
- House Style: High Rise (8-13 Stories), End Unit, Neighbor Above
- Year Built Source: Public Records
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- Internet-Fiber
- Phone Available
- Sewer Available
- Water Available
- Water Source: Public