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$999,000
3
beds
2
baths
1
half bath
1,956
square ft

54 Rainey St #1018
Austin, Texas 78701

Active / MLS #5853750 / Condo / Austin
Listing information updated 12/12/2025 at 3:47pm
Bring Offer!!! Ideally situated on a high floor of the Milago, this expansive 1,956 SF corner residence offers unobstructed views of the Austin skyline and Lady Bird Lake. With a flexible layout featuring three bedrooms (or two with home office/study) this home is thoughtfully designed for both comfort and sophistication. The open-concept living and dining areas flow into the kitchen with generous counter space, stainless steel appliances, and a large pantry. The primary suite is a true retreat, complete with a walk-in closet, private balcony, and a spacious spa-like bath featuring a soaking tub, glass-enclosed shower, dual vanity, and great storage. The second bedroom includes its own en-suite bath, providing comfort and privacy for guests. Additional features include two reserved parking spaces and a private storage unit. Perhaps one of the best secrets in town, The Milago is located on the quiet end of Rainey Street with direct access to the Hike & Bike Trail while being steps away from restaurants, bars, and entertainment, offering a rare balance of lakeside calm and downtown connectivity. The building's full-service amenities include a 24-hour concierge, rooftop pool and spa, fitness center, business center, third-floor terrace with BBQ and seating, and secure bike storage.
Exterior Type:
Brick,Stone,Stucco
Beds Above Grade:
3
Cooling System:
Central Air, Electric
Heating System:
Central, Electric
Appliances:
Built-In Electric Oven, Built-In Electric Range, Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
Main Level Primary Bedroom:
Yes
Pool:
Yes
Age:
19 Years
Roof Type:
Built-Up
Parking Type:
Assigned,Garage,Gated
Parking Spaces:
2
Garage:
Garage - 2 Car(s)
Water Front:
Yes
Water Features:
Lake Front
Square Feet:
1,956
Internal Features:
Breakfast Bar, Ceiling Fan(s), Ceiling-High, Quartz Counters, Double Vanity, Open Floorplan, Primary Bedroom on Main, Stackable W/D Connections, Storage, Walk-In Closet(s), See Remarks, Blinds, Window Coverings, Window Treatments
External Features:
Balcony, Covered
Tax Amount:
N/A
Tax Year:
2024
Assessments:
$1,511 / 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: Urbanspace

Agent Contact Information: (512) 457-8884

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 12/12/2025 at 3:47pm. 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.

Austin

Austin, TX

As the Live Music Capital of the World®, Austin beckons with its vibrant culture, diverse dining scene, and dynamic outdoor experiences. From historic districts adorned with repurposed homes turned trendy shops to modern developments seamlessly blending with architectural heritage, Austin offers a...
$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 #1018, Austin, TX 78701

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54 Rainey St #1018, Austin, TX 78701 is a condo currently listed at $999,000. 54 Rainey St #1018 features 3 Beds, 2 Baths, 1 Half Bath. This condo has been listed on Christie’s International Real Estate @properties lone star since July 9th, 2025 and was built in 2006. Nearby schools include Mathews, O Henry, and Austin.