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$550,000
2
beds
2
baths
1,189
square ft

54 Rainey St #404
Austin, Texas 78701

New / MLS #9558786 / Condo / Austin
Listing information updated 6/2/2026 at 11:27am
Live where Austin's most iconic outdoor lifestyle meets the energy of downtown. This southwest-facing 2-bedroom, 2-bath residence at Milago offers a rare treetop perspective overlooking Lady Bird Lake and the Hike-and-Bike Trail, creating a peaceful retreat in the heart of the city. The open-concept floor plan features wood flooring, stainless steel appliances, solar shades, spacious walk-in closets. Enjoy morning coffee or evening sunsets from the private balcony with serene lake and greenbelt views. Milago residents enjoy resort-style amenities including a rooftop pool and spa, outdoor grilling areas, fitness center, owner lounge, party room, lakeside terrace, and 24-hour concierge service. Just outside your door, explore the Rainey Street District's acclaimed restaurants, nightlife, and entertainment, or step directly onto the Lady Bird Lake Trail for walking, running, biking, paddleboarding, and more. Urban convenience meets waterfront tranquility in one of Austin's most sought-after downtown locations.
Exterior Type:
See Remarks
Beds Above Grade:
2
Cooling System:
Central Air
Heating System:
Central
Appliances:
Dishwasher, Disposal, Range, Refrigerator
Main Level Primary Bedroom:
Yes
Pool:
No
Age:
20 Years
Roof Type:
See Remarks
Parking Type:
Assigned
Parking Spaces:
2
Garage:
Garage - 2 Car(s)
Water Front:
No
Water Features:
See Remarks
Square Feet:
1,189
Lot Size:
0.0068 Acres
Acreage:
0.0068
Internal Features:
Two Primary Baths, In-Law Floorplan, Kitchen Island, Open Floorplan, Primary Bedroom on Main, Double Pane Windows
External Features:
None, Terrace
Tax Amount:
$10,341
Tax Year:
2026
Assessments:
$985 / 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: Kuper Sotheby's Int'l Realty

Agent Contact Information: (512) 940-5293

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 6/2/2026 at 11:27am. 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...
$755,949
Average Sale Price
85
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 #404, Austin, TX 78701

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54 Rainey St #404, Austin, TX 78701 is a condo currently listed at $550,000. 54 Rainey St #404 features 2 Beds, 2 Baths. This condo has been listed on Christie’s International Real Estate @properties lone star since June 2nd, 2026 and was built in 2006. Nearby schools include Mathews, O Henry, and Austin.

Each office is independently owned and operated.
@properties lone star Christie’s International Real Estate, the @properties lone star Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties lone star Christie’s International Real Estate.
Information About Brokerage Services
TREC Consumer Protection Information
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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