downtown Austin's real estate and neighborhood blog
40 IH 35 North, Austin, TX 78701
Part of a six-acre development, the Towers of Town Lake is a one of the original pioneering condominium communities in downtown Austin. Located adjacent to the 17-mile hike-and-bike trail on Lady Bird Lake, the community is part of the burgeoning Rainey Street District.
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The Shore Condos in downtown Austin’s Rainey Street neighborhood boasts 192 units with amazing views of Lady Bird Lake and the downtown skyline. Known simply as the “Shore”, the building is popular with people who work downtown yet still want to feel like they’re “going home”. [Read more…] about The Shore Condos
Milago’s building amenities include a full-time concierge, a roof top pool with jacuzzi, and a ground level wifi cafe. Construction of this 12 story, 240 unit building, was completed in 2005. The building is situated length wise, north to south, along Rainey Street.
The west side of the building has the premium views of the lake and city, while the best values will be found on the east side of the building.
- Project Name = The Milago Condos (Austin, Texas) - Type = Condominium, Residential - Address = 54 Rainey Street, Austin, TX 78701 - Pricing = $300s to $1.5MM - HOA fees = $0.32 per foot/month (approx.) - HOA enforced cap on leasing: Yes - Number of units = 240 - Number of stories = 12 - Year complete = 2006 - Developer = Fairfield Development
Nearby buildings, also in the Rainey Street neighborhood are: the Shore Condos, and 70 Rainey.
Below you’ll find active Milago Condos for sale.
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Downtown Austin has a variety of condos for sale and apartments to rent. Some new, some old. Some modern, some more traditional. Though for aesthetic reasons we differentiate Austin’s lofts for sale, the Austin building boom over the past decade has made the term “Austin condos” synonymous with downtown.
Start here and compare Austin condos for sale at our sister site TOWERS.
Downtown Austin is where I live, work, and play. I can share the inside scoop on every building in our neighborhood.
Jude Galligan, REALTOR, 512-236-8898, or email me.
Austin condos are available in many sizes, and floor plan configurations, and commensurate broad range in pricing. Average and median pricing in the summer of 2016 is hovering over $500 per square foot. At the very upper end, we’ve observed new construction and luxury condo tower pricing exceeding $1,200 per square foot. Factors such as building age, proximity to the lake, protected views of the lake, and building amenities have a direct impact on pricing.
If you want new construction in the downtown core, then the only buildings currently available with a handful of residences never lived in is the Austonian and recently completed Seaholm Condos. Under construction is Fifth & West Residences, 70 Rainey, and the Independent.
Generally, the higher the floor the better the view, thus prices will increase as you go up. Notably, there is a premium to live close to Whole Foods. This could change when downtown Austin gets a supermarket east of Congress Ave, and one is rumored to be going into the Rainey Street District.
Those with pets and enjoy the outdoors should consider the Milago Condos, the Shore Condos, and other buildings generally close to the trail. If you enjoy listening to live music and like to be near the historical center of Austin consider Avenue Lofts, Brazos Lofts, or The Sabine. Many people want the best views in town and should consider Spring Condos, 360 Condos, or the south facing residences at the W Hotel Condos.
Below are a few examples of downtown Austin condos for sale.
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I don’t really cook, and I don’t own a car, so if I want something good to eat and want said something good to eat in short order – I’m pretty dependent upon restaurants/eateries/deli’s (whatever you want to call them) that are within walking distance. I’m particularly partial to those establishments where I can get something tasty, satisfying, and simple at a reasonable price.
Which is why I was pumped when three new restaurants recently popped up in my Downtown Austin neighborhood: Thundercloud Subs, El Naranjo, and Nacho Creations.
Thundercloud Subs is more than a catchy jingle (btw, I’m a Veggie Delight and Jude is a New York Italian), they are “your neighborhood sub shop.” And now they are MY neighborhood sub shop, too! They’ve been open at their 360 Condos location for a about a month, and I’m delighted to say that the vibe AND the food is what we’ve all come to expect from Thundercloud. Quick, delicious, and fresh food at a reasonable price (I got the regular Tuna Sandwich combo – sandwich, chips, and drink for $5.99) with a simple and clean (but with more character than Subway) vibe. Service was friendly – but my sandwich artists looked a bit bored – only because apparently business hasn’t been quite as good as expected. I was the only person there at noon on a Saturday, which seems weird. I want to keep the likes of Thundercloud in Downtown Austin, so please go out and support – buy a sandwich (and get a cookie, too – you deserve a treat)!
For your convenience – click here for a downloadable menu.
4/2/2010: UPDATE – I ran into Chef Ileana after this was originally written – she informed me that the portion sizes are now larger. I have not re-visited el naranjo yet, but will take some pics next time I’m there and report my findings!
I will say this – the food was delicious. Chef Ileana de la Vega knows the cuisine, and knows flavor – I readily exclaim this to the masses. For me, the main problem (nay, really the only problem) with el naranjo was that I didn’t feel like I got nearly enough of that delicious food for the amount of money I paid. Perhaps I’ve been spoiled by the quality in relation to the portion size at G’Raj Mahal, where I can get a very tasty, high quality $9.00 plate that takes me two sittings to eat (even though I did initially have some pricing concerns here, as well), but I left el naranjo feeling like I got a $12.00 snack (albeit a flavorful one). I’m kicking myself for not taking some snapshots of the food – as I think a picture would be worth a thousand words in this particular case.
However, other than portion size (of which I do not want to minimize the importance), I was pleased. Right now, as an intermediate step toward opening a full blown indoor restaurant, el naranjo has taken up in what seems to be all-the-rage in Austin eateries these days: a trailer (fun!)! They’ve also put out picnic tables for outdoor seating, adding to the patio-scape that is the Rainey Street bar and restaurant scene:
Click here for a downloadable menu of El Naranjo’s opening selections.
I actually have not been here yet, but heard second-hand about this casual Tex-Mex concept’s opening. Apparently, Nacho Creations rents the Texas Picnic Company location during the evenings and weekends. Different owners, entirely different concept, same space. A great idea to maximize the use of an otherwise only day-time and weekday business space. Nacho Creations’ hours are as follows:
Wed – Thurs: 5:00 pm – 1:00 am
Fri: 5:00 pm – 3:00 am
Sat: 12:00 pm – 3:00 am
Sun: 12:00 pm – 10:00 pm
Planning on trying it after the SXSW rush, and will hopefully add some commentary then. If any of our readers have tried it – would love to hear your thoughts!
I’m excited that new, casual style restaurants are continuing to open here in Downtown Austin. I like the “everyday people” focus these establishments are taking, and believe they are well-suited to the residents and visitors of Downtown Austin.
….
Now, I gotta go, because it’s time to eat!
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