54 Rainey

Austin, TX 78701 · Travis County

$989,000Price
3Beds
54 Rainey
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▶ Virtual Tour

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.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT221182636
HOA Fees$1511 / Monthly
TypeResidential
Year Built2005
Lot Size0.01 AC / 492 SF
CountyTravis
SubdivisionMilago Condo Amd
Garage Spaces2

Property Information

Interior

See Remarks

Exterior

Balcony

Appliances

Built-In Electric RangeDishwasher

Community

BBQ Pit/GrillBike Storage/LockerBusiness CenterConciergeFitness CenterGarage ParkingPoolTrail(s)

Parking

GarageReserved

Utilities & Construction

Heat: CentralAC: See RemarksSee RemarksRoof: Built-UpFoundation: Pillar/Post/Pier
🏊 Pool 🌊 Waterfront

Directions: Head south on Rainey Street. Milago is the last building on the right.

Location

Property History

DateEventPrice
Mar 9, 2026 Listed (Active) · MLS# ACT221182636 $989,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Year Built2005
Beds3
Lot Size492 Sq. Ft.
StyleResidential
CountyTRAVIS
MLS #ACT221182636

Schools

E
Mathews
Public · Elementary · Serves this home
M
O Henry
Public · Middle School · Serves this home
H
Austin
Public · High School · Serves this home

Please verify enrollment eligibility directly with schools.

$989,000
54 Rainey, Austin, TX

By submitting, you agree to be contacted by Col Realty.

Payment Estimate

Estimated monthly payment
Principal & Interest
HOA Dues$1511/mo

For illustrative purposes only. Contact a lender for accurate figures.