MLS# 4776980 - 54 Rainey Street #502, Austin, TX 78701
$799,999
Beds:
3
Baths:
2
Sqft:
1,557
Sqft lot:
392
Acre lot:
0.01
75 Days On Market
Property listed by Compass RE Texas, LLC 512-575-3644 (512) 669-3897
Status:
Active
Property Type:
Condominium
Year Built:
2005
Neighborhood:
Milago Condo Amd
Days On Website:
75
Property Details for 54 Rainey Street #502, Austin, TX 78701
Description
Perched on the fifth floor of The Milago, this exceptional 3-bed, 2-bath home offers breathtaking west-facing views of the Downtown Austin skyline and Lady Bird Lake. Inside, an open-concept floor plan is filled with natural light streaming through expansive windows that perfectly frame the panoramic views. Rich wood flooring extends throughout the living areas and all three bedrooms, while modern finishes and clean architectural lines create a contemporary feel. The kitchen is thoughtfully designed with granite countertops, stainless steel appliances, ample cabinetry, and a breakfast bar for casual dining, while a dedicated dining area provides the perfect setting for larger gatherings and dinner parties. Just beyond the living room, a private balcony invites you to enjoy morning coffee or evening cocktails overlooking the Austin skyline and Lady Bird Lake. The spacious primary suite serves as a peaceful retreat, featuring a spa-inspired ensuite bath with a soaking tub, walk-in shower, and a custom walk-in closet. Two additional bedrooms offer flexibility for guests, a home office, or additional living space. Residents of Milago enjoy an exceptional collection of amenities, including 24-hour concierge service, secure garage parking, a rooftop pool deck with panoramic views, a fitness center, club room, private event terrace, and dedicated on-site storage. With direct access to the Lady Bird Lake Trail and countless restaurants, coffee shops, and entertainment options just beyond your door on Rainey Street, this residence offers the very best of Austin city living.
Open House
Features
Appliances & Equipment
- Dishwasher
- ElectricRange
- Microwave
- StainlessSteelAppliances
Bathrooms
- 2 total bathrooms
- 2 full bathrooms
Bedrooms
- 3 total bedrooms
- 3 main level bedrooms
Building
- Built in 2005
- Living area: 1557.0
- Building faces West
- Levels: One
- Construction Materials: Masonry, Stucco
Community
- BarLounge
- BicycleStorage
- Concierge
- ConferenceMeetingRoom
- FitnessCenter
- Pool
- StorageFacilities
- TrailsPaths
Disclosures
- SellerDisclosure
Accessibility Features
- None
Exterior Features
- Balcony
Fence
- None
Floors
- Tile
- Wood
Foundation
- Slab
Garage
- 2 spaces
Heating
- Central
Home Owner's Association
- Association Fee: $1,290.29
- Fee Frequency: Monthly
- Fee Includes: CommonAreaMaintenance, Trash
- Amenities: Concierge
Interior Features
- BreakfastBar
- CeilingFans
- GraniteCounters
- MainLevelPrimary
- OpenFloorplan
- RecessedLighting
- SoakingTub
- WalkInClosets
Laundry
- LaundryCloset
Listing
- Listing ID: 4776980
- Standard Status: Active
- MLS Status: Active
- Property Subtype: Condominium
- On market as of 2026-08-12
- 73 days on market
- Special Conditions: Standard
Location
- Subdivision: Milago Condo Amd
- MLS Area (Major): DT
- County/Parish: Travis
Lot
- 0.009 acres
- None
Parking
- 2 covered spaces
- Assigned
- Garage
- Secured
Pool
- None
- Community
Possession
- ClosingAndFunding
- CloseOfEscrow
Property
- Resale
- City
- Downtown
- River
- Skyline
Roof
- Membrane
Schools
- Elementary School: Mathews
- Elementary School District: Austin ISD
- Middle School: O Henry
- Middle School District: Austin ISD
- High School: Austin
- High School District: Austin ISD
Sewer
- PublicSewer
Taxes
- Parcel Number: 02030312500000
- Annual Amount: $15,008.6
- Assessed Value: $902,313
- Legal Description: UNT 502 MILAGO CONDOMINIUMS AMENDED PLUS .591 % INT IN COM AREA
- Lot: 502
- Year: 2026
Utilities
- ElectricityAvailable
- SewerAvailable
- WaterAvailable
- Water Source: Public
Property Map
Map View
$799,999 - 54 Rainey Street #502, Austin, TX 78701
Street View
Directions
54 Rainey Street #502
Austin, TX 78701
Subdivision: Milago Condo Amd
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