54 Rainey ST # 1018, Austin TX 78701

$ 949,999
54 Rainey ST # 1018, Austin TX 78701,

Overview

  • Property ID
  • 2933251
  • 3 Bedrooms
  • 2.5 Bathrooms
  • 1,956 ft2
  • 0 ac

Description

Experience elevated downtown living at Milago, where style, space, and sweeping views come together in one exceptional residence. This beautifully appointed 3-bedroom, 2.5-bath condo offers nearly 2,000 square feet (1,956 SF) of light-filled living space in one of Austin’s most desirable waterfront buildings.

From the moment you enter, you’re greeted by expansive windows that flood the home with natural light and frame stunning views the downtown skyline and Lady Bird Lake. Rich wood flooring runs throughout, creating a warm, cohesive feel across the open-concept living and dining areas—perfect for entertaining or simply enjoying the view.

The gorgeous kitchen is both functional and refined, featuring quartz countertops, a custom backsplash, an extra-deep sink, and abundant cabinet space for effortless organization. Whether you’re hosting friends before a night out or preparing a quiet dinner at home, this kitchen is designed to impress.

The spacious primary suite offers a true retreat, complete with a luxurious ensuite bath boasting a double vanity, large soaking tub, and separate walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or a dedicated fitness or media space.

Located just steps from the Town Lake Trail, you’ll have immediate access to miles of scenic waterfront paths, along with some of Austin’s best dining, shopping, and entertainment. Residents of Milago enjoy premium amenities including a beautiful pool and a fully equipped fitness center.

This is downtown Austin living at its finest—spacious, sophisticated, and perfectly positioned to enjoy the best of the city.

Outdoor Details
balcony
Other Features
Built-In Electric Range
Dishwasher
Has Garage
Has Waterfront
Home Owners Association
Property Attached
See Remarks
Property Id : 2933251
Price: $ 949,999
Property Size: 1,956 ft2
Property Lot Size: 0 ac
Bedrooms: 3
Bathrooms: 2.5
Syndication Remarks: Experience elevated downtown living at Milago, where style, space, and sweeping views come together in one exceptional residence. This beautifully appointed 3-bedroom, 2.5-bath condo offers nearly 2, 000 square feet (1, 956 SF) of light-filled living space in one of Austin’s most desirable waterfront buildings. From the moment you enter, you’re greeted by expansive windows that flood the home with natural light and frame stunning views the downtown skyline and Lady Bird Lake. Rich wood flooring runs throughout, creating a warm, cohesive feel across the open-concept living and dining areas—perfect for entertaining or simply enjoying the view. The gorgeous kitchen is both functional and refined, featuring quartz countertops, a custom backsplash, an extra-deep sink, and abundant cabinet space for effortless organization. Whether you’re hosting friends before a night out or preparing a quiet dinner at home, this kitchen is designed to impress. The spacious primary suite offers a true retreat, complete with a luxurious ensuite bath boasting a double vanity, large soaking tub, and separate walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or a dedicated fitness or media space. Located just steps from the Town Lake Trail, you’ll have immediate access to miles of scenic waterfront paths, along with some of Austin’s best dining, shopping, and entertainment. Residents of Milago enjoy premium amenities including a beautiful pool and a fully equipped fitness center. This is downtown Austin living at its finest—spacious, sophisticated, and perfectly positioned to enjoy the best of the city.
Parking Features: Garage, Reserved
Lot Size(acres): 0.0113
Lot Size(sf): 492.23
Country: US
Last Listing Change: 2026-05-29T21:08:18.397Z
Property Key: 48453|719708|1|46863779
Status Contractual Search Date: 2026-03-05
Listing Key Numeric: 221182636
Est. Taxes: 17804
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: See Remarks
#Photos: 32
Last Price Change: May 24, 2026 at 02:27pm
State: TX
Last Status Change: March 5, 2026 at 08:15pm
Street Name: Rainey
Laundry Location: In Unit
Street# Ext.: 54
Street#: 54
Street Suffix: ST
#Dining: 1
#Living: 1
#Other Level Beds: 0
Property Match: APN
$/SF: 485.68
Tax Filled SF Total: 1956
Unit Style: High Rise (8-13 Stories)
Accessibility Features: See Remarks
HOA Fee: 1511
HOA Fee Frequency: Monthly
HOA includes: See Remarks
HOA Name: Milago Condominiums
Full Baths: 2
Half Baths: 1
Total Baths: 2.5
Community Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Concierge, Fitness Center, Garage Parking, Pool
Construction Materials: Brick, Stone, Stucco
Cooling: Other
Covered Spaces: 2
Faces: NW
Directions: Head south on Rainey Street. Milago is the last building on the right.
Elem School: Mathews
Elem School District: Austin ISD
Fencing: None
#Fireplaces: 0
Flooring: See Remarks
Foundation Details: Pillar/Post/Pier
Garage Spaces: 2
Heating: Central
High School: Austin
High School District: Austin ISD
Levels: One
Listing ID: 2440461
Listing Terms: Cash, Conventional
SF Source: Public Records
Lot Features: See Remarks
MLS Area Major: DT
Main Level Beds: 3
Middle School: O Henry
Middle School District: Austin ISD
Status: Active
Other Structures: None
Parcel#: 02030313820000
Patio And Porch Features: See Remarks
Pool Features: None
Possession: Close Of Escrow, Funding
Property Condition: Resale
Roof: Built-Up
Sewer: See Remarks
Special Listing Conditions: Standard
Unit#: 1018
Utilities: See Remarks
View: City, Downtown, Hill Country, Lake, Skyline
Water Body Name: Lady Bird Lake
Water Source: Public
Waterfront Features: Lake Front
Window Features: Double Pane Windows
Year Built: 2005
$ 6,505.79
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,803.71
Tue 16 Jun
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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