54 Rainey ST # 706, Austin TX 78701

$ 550,000
54 Rainey ST # 706, Austin TX 78701,

Overview

  • Property ID
  • 2890845
  • 2 Bedrooms
  • 2 Bathrooms
  • 1,341 ft2
  • 0 ac

Description

Located in the heart of the vibrant Rainey Street District, this exceptional residence at 54 Rainey offers one of the most breathtaking and unobstructed views in all of Austin. Unit 706 features two spacious bedrooms, two full bathrooms, a dedicated office, and an expansive open living area perfectly positioned to capture sweeping panoramic views of Lady Bird Lake and the downtown Austin skyline from nearly every angle. Floor-to-ceiling glass fills the home with natural light and creates a truly unmatched urban living experience.

Residents at 54 Rainey enjoy resort-style amenities including a stunning rooftop pool and lounge deck overlooking the city, state-of-the-art fitness center, yoga studio, dog park, concierge services, outdoor grilling and entertaining spaces, co-working areas, and beautifully designed resident lounges. Just steps from Austin’s top restaurants, nightlife, hike and bike trails, and waterfront activities, this is luxury downtown living at its finest.

Priced aggressively at just $550,000 and ready to sell. Seller financing may also be available for qualified buyers with as little as 0% down.

Outdoor Details
balcony
Other Features
Bar
Bookcases
Built-in Features
Ceiling Fan(s)
Chandelier
Dishwasher
Dryer
Electric Range
Granite Counters
Has Garage
Has Waterfront
Home Owners Association
Microwave
Oven
Pantry
Primary Bedroom on Main
Property Attached
Range
Refrigerator
See Remarks
Stone Counters
Walk-In Closet(s)
Washer
Washer/Dryer
Wine Cooler
Wine Refrigerator
Property Id : 2890845
Price: $ 550,000
Property Size: 1,341 ft2
Property Lot Size: 0 ac
Bedrooms: 2
Bathrooms: 2
Syndication Remarks: Located in the heart of the vibrant Rainey Street District, this exceptional residence at 54 Rainey offers one of the most breathtaking and unobstructed views in all of Austin. Unit 706 features two spacious bedrooms, two full bathrooms, a dedicated office, and an expansive open living area perfectly positioned to capture sweeping panoramic views of Lady Bird Lake and the downtown Austin skyline from nearly every angle. Floor-to-ceiling glass fills the home with natural light and creates a truly unmatched urban living experience. Residents at 54 Rainey enjoy resort-style amenities including a stunning rooftop pool and lounge deck overlooking the city, state-of-the-art fitness center, yoga studio, dog park, concierge services, outdoor grilling and entertaining spaces, co-working areas, and beautifully designed resident lounges. Just steps from Austin’s top restaurants, nightlife, hike and bike trails, and waterfront activities, this is luxury downtown living at its finest. Priced aggressively at just $550, 000 and ready to sell. Seller financing may also be available for qualified buyers with as little as 0% down.
Parking Features: Assigned, Garage, See Remarks
Lot Size(acres): 0.0077
Lot Size(sf): 335.41
Country: US
Last Listing Change: 2026-05-27T15:19:00.760Z
Property Key: 48453|719624|1|37112113
Status Contractual Search Date: 2026-05-27
Listing Key Numeric: 229686062
Est. Taxes: 16394.9
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 35
Last Price Change: May 12, 2026 at 12:58am
State: TX
Last Status Change: May 27, 2026 at 03:19pm
Street Name: Rainey
Laundry Location: In Unit, Inside, Laundry Closet
Street# Ext.: 54
Street#: 54
Street Suffix: ST
#Dining: 1
#Living: 1
#Other Level Beds: 0
Property Match: APN
$/SF: 410.14
Tax Filled SF Total: 1341
Tentative Close Date: 2026-07-31T05:00:00.000Z
Unit Style: High Rise (8-13 Stories)
Accessibility Features: See Remarks
HOA Fee: 965
HOA Fee Frequency: Monthly
HOA includes: Common Area Maintenance, Maintenance Grounds, Maintenance Structure, See Remarks
HOA Name: Milago HOA
Full Baths: 2
Half Baths: 0
Total Baths: 2
Community Features: See Remarks, Fitness Center, Park, Pool
Construction Materials: Masonry – All Sides
Cooling: Central Air
Covered Spaces: 2
Faces: SW
Directions: 54 Rainey Street, lockbox with concierge at front desk.
Elem School: Mathews
Elem School District: Austin ISD
Fencing: None
#Fireplaces: 0
Flooring: Tile, Wood
Foundation Details: Slab
Garage Spaces: 2
Heating: Central
High School: Austin
High School District: Austin ISD
Levels: One
Listing ID: 7656455
Listing Terms: Cash, Conventional, VA Loan
SF Source: Public Records
Lot Features: City Lot, Near Public Transit, See Remarks
MLS Area Major: DT
Main Level Beds: 2
Middle School: O Henry
Middle School District: Austin ISD
Status: Pending
Off Mkt Date: 2026-05-27
Other Structures: See Remarks
Parcel#: 02030313010000
Patio And Porch Features: Covered, Terrace, See Remarks
Pool Features: See Remarks
Possession: Close Of Escrow, Funding
Property Condition: Resale
Roof: Flat Tile
Sewer: Public Sewer
Special Listing Conditions: Real Estate Owned
Tax Annual($): 16394.9
Unit#: 706
Utilities: See Remarks
View: City, City Lights, Downtown, Lake, River, Skyline
Water Body Name: Lady Bird Lake
Water Source: Public
Waterfront Features: Waterfront
Window Features: See Remarks
Year Built: 2005
$ 3,766.52
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,781.10
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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