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2
beds
2
baths
1,212
square ft

54 Rainey St #322
Austin, Texas 78701

Closed / MLS #2827536 / Condo / Austin
Listing information updated 7/7/2025 at 2:47pm
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 a 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 install of Bosch and GE microwave, dishwasher, and refrigerator (2020), LG electric range and LG washer and dryer (2023). Turnkey, elevated, and thoughtful updates to closets, lighting, window 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 and enjoyment of the private, 395 sqft terrace that leads out to the main terrace or relax on the additional 68 sqft west terrace. Perfect for children, dogs, gatherings, and just stretching out with a good book enjoying the weather. 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 Wi-Fi 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 this unique property. Sqft per TCAD & floor plans
Exterior Type:
Brick,Stucco
Beds Above Grade:
2
Cooling System:
Central Air
Heating System:
Central
Appliances:
Dishwasher, Disposal, Microwave, Oven, Free-Standing Electric Range, Refrigerator, Washer/Dryer
Main Level Primary Bedroom:
Yes
Pool:
No
Age:
20 Years
Roof Type:
Concrete
Parking Type:
Assigned,Covered,Electric Gate
Parking Spaces:
2
Garage:
Garage - 2 Car(s)
Water Front:
Yes
Water Features:
River Front
Square Feet:
1,212
Lot Size:
0.007 Acres
Acreage:
0.007
Internal Features:
Bookcases, Breakfast Bar, Built-in Features, Granite Counters, Entrance Foyer, High Speed Internet, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s), Window Coverings
External Features:
Balcony, Covered, Enclosed, Terrace
Kitchen:
Main
Primary Bedroom:
Main
2nd Bedroom:
Main
Primary Bathroom:
Main
Tax Amount:
$14,811
Tax Year:
2023
Assessments:
$836 / month
Zip Code:
78701
City:
Austin
County:
Travis
School District(s):
Austin ISD
Elementary School:
Mathews
Middle School:
O Henry
High School:
Austin

Listing Office: Gottesman Residential R.E.

Agent Contact Information: (512) 451-2422

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Unlock MLS as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/7/2025 at 2:47pm. 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.

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Austin, TX

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$764,165
Average Sale Price
81
Average Days On The Market
92%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 54 Rainey St #322, Austin, TX 78701

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54 Rainey St #322, Austin, TX 78701 is a condo which sold for . 54 Rainey St #322 features 2 Beds, 2 Baths. This condo has been listed on Christie’s International Real Estate @properties lone star since October 11th, 2023 and was built in 2005. Nearby schools include Mathews, O Henry, and Austin.