54 Rainey ST # 1018, Austin TX 78701

$ 999,000
54 Rainey ST # 1018, Austin TX 78701,

Overview

  • Property ID
  • 2356508
  • 3 Bedrooms
  • 2.5 Bathrooms
  • 1,956 ft2

Description

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 or 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.

Outdoor Details
balcony
Other Features
Breakfast Bar
Built-In Electric Oven
Built-In Electric Range
Built-In Range
Ceiling Fan(s)
Dishwasher
Disposal
Double Vanity
Electric Water Heater
Electrical Utility Available
Has Garage
Has Waterfront
High Ceilings
Home Owners Association
Microwave
Open Floorplan
Primary Bedroom on Main
Property Attached
Quartz Counters
Refrigerator
Stackable W/D Connections
Storage
Walk-In Closet(s)
Washer/Dryer Stacked
Property Id : 2356508
Price: $ 999,000
Property Size: 1,956 ft2
Bedrooms: 3
Bathrooms: 2.5
Syndication Remarks: 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 or 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.
Parking Features: Assigned, Garage, Gated
Lot Size(acres): 0
Lot Size(sf): 0
Country: US
Active Open House(s): 1
Last Listing Change: 2025-09-30T16:57:58.623Z
Property Key: 48453|719708|1|46863779
Status Contractual Search Date: 2025-07-09
Listing Key Numeric: 201641074
Est. Taxes: 12107
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: See Remarks
#Photos: 34
Last Price Change: August 7, 2025 at 05:24pm
State: TX
Last Status Change: July 9, 2025 at 02:29pm
Street Name: Rainey
Laundry Location: In Hall, Laundry Closet
Street# Ext.: 54
Street#: 54
Street Suffix: ST
#Dining: 1
#Living: 2
Open House(s): 1
Upcoming Open House(s): Public: Sun Oct 5, 3:00PM-5:00PM
Property Match: Address
$/SF: 510.74
Special Assessment: No
Unit Style: High Rise (8-13 Stories), Single level Floor Plan, Elevator, End Unit
Accessibility Features: See Remarks
HOA Fee: 1511
HOA Fee Frequency: Monthly
HOA includes: Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Parking, Security
HOA Name: Milago Condominium
Full Baths: 2
Half Baths: 1
Total Baths: 2.5
Community Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Curbs, Electronic Payments, Fitness Center, Garage Parking, Gated, Lake, Lock and Leave, Lounge, Package Service, Park, Pool, Property Manager On-Site, Recycling Area/Center, Rooftop Lounge, Spa/Hot Tub, Storage, Street Lights, Sundeck
Construction Materials: Brick, Stone, Stucco
Cooling: Central Air, Electric
Covered Spaces: 2
Faces: NW
Directions: At the south end of Rainey St on the right. Guest Garage to the right of the front entrance.
Elem School: Mathews
Elem School District: Austin ISD
Fencing: None
#Fireplaces: 0
Flooring: Tile, Wood
Foundation Details: Pillar/Post/Pier
Garage Spaces: 2
Heating: Central, Electric
High School: Austin
High School District: Austin ISD
Levels: One
Listing ID: 5853750
Listing Terms: Cash, Conventional
SF Source: Builder
Lot Features: Landscaped, Level, Many Trees, Views
MLS Area Major: DT
Main Level Beds: 3
Middle School: O Henry
Middle School District: Austin ISD
Status: Active
Other Structures: None
Parcel#: 54 Rainey St #1018
Patio And Porch Features: Covered
Pool Features: See Remarks
Possession: Close Of Escrow
Property Condition: See Remarks
Roof: Built-Up
Sewer: Public Sewer
Special Listing Conditions: Standard
Unit#: 1018
Utilities: Electricity Available, See Remarks
View: City, Downtown, Hill Country, Lake, Skyline, See Remarks
Water Body Name: Lady Bird Lake
Water Source: Public
Waterfront Features: Lake Front
Window Features: Blinds, Window Coverings, Window Treatments
Year Built: 2006
$ 6,841.36
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,051.49
Tue 30 Sep
Wed 01 Oct
Thu 02 Oct
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle, MBA