54 RAINEY STREET #1117, AUSTIN, TX 78701
Homes for sale in Austin.
Homes for sale in 78701.
List Price$2,100Rental
54 Rainey Street #1117
Austin, TX 78701
Listing #7187953
1
Bedrooms
1 full
Bathrooms
865
Square Feet
240
Number of Units
Rental
Type
About This Property
Vibrant downtown living meets the beauty of lakeside Austin. Located in the heart of the Rainey Street Historic District, this updated one-bedroom condo with a dedicated *study* offers the perfect combination of comfort, flexibility, and urban convenience. An open-concept layout creates a bright, modern feel throughout the home. The kitchen flows seamlessly into the dining and living spaces, making the condo feel spacious and inviting whether you're entertaining guests or enjoying a quiet evening at home. The well-appointed kitchen features generous storage, granite countertops, stainless steel appliances, and a convenient breakfast bar for casual dining. The separate study adds exceptional versatility and can easily function as a home office, guest room, creative space, or additional storage area. Large windows invite natural light while offering views of the dynamic downtown surroundings. Milago residents enjoy a collection of amenities, including a fully equipped fitness center, bike storage, club and party room, concierge service, and multiple outdoor gathering spaces. Relax in the rooftop pool and spa with shaded lounge areas and BBQ grills, gather with friends on the third-floor terrace overlooking Lady Bird Lake, or enjoy direct access to the hike-and-bike trail from the ground-floor lakeside patio. Just steps from some of Austin's best restaurants, coffee shops, nightlife, and entertainment, plus convenient access to Royal Blue Grocery, this location truly places the best of downtown at your doorstep. Includes one parking spot. Experience elevated downtown Austin living at Milago.
Property Features
Location Information
County
Travis
Subdivision
Milago Condominiums
County
Travis
Directions
Corner of 5th and Rainey
Area
DT
Interior Features
Interior
Main Level Primary, Study
Floors
Carpet, Tile, Wood
Primary Bedroom On Main
Yes
Laundry
Laundry Closet, See Remarks
Full Baths
1
Disabled Features
None
Number of Fireplaces
0
Appliances
Dishwasher, Free-Standing Range, Disposal, Microwave, Refrigerator
Fireplace Description
None
Total Number of Units
240
Heating
Central
Accessibility
None
Exterior Features
Style
Brick Veneer, Frame
Fencing
None
Stories
1
Has a Pool
Yes
Is New Construction
No
Lot Size in Acres
0
Construction/Exterior
Brick Veneer, Frame
Waterfront Description
None
Exterior
None
Has Waterfront
No
Water / Sewer
Public Sewer
Has View
Yes
Water
Public
View
City, Lake, River
Parking Description
None, Covered
Is One Story
Yes
Garage Spaces
1
School
Elementary School District
Austin ISD
Middle School
O Henry
Elementary School
Mathews
High School
Austin
Additional Information
Roof/Attic
Composition
APN
02030314020000
Other Utilities
Electricity Available
Status
Active
Property Type
RNT
Pets
Negotiable
Property SubType
Condominium
Amenities
Concierge
Year Built
2005
Square Feet Source
Public Records
Similar Listings
Mortgage Calculator
$8
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7
Monthly Tax
$1
Monthly Insurance
$0
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing Courtesy of: Waterloo Realty, LLC 512-461-2396
© 2026 Austin Board of REALTORS® (ACTRIS). All rights reserved.
Listings courtesy of APPLICABLE MLS as distributed by MLSGRID. Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS® ACTRIS and their affiliates provide the MLS and all content therein " AS IS" and without any warranty, express or implied. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from ACTRIS through the date and time shown below.
Unlock MLS data last updated at June 7, 2026, 5:12 PM CT
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