54 RAINEY STREET #404, AUSTIN, TX 78701
Homes for sale in Austin.
Homes for sale in 78701.
List Price$550,000
54 Rainey Street #404
Austin, TX 78701
Listing #9558786
About This Property
Live where Austin's most iconic outdoor lifestyle meets the energy of downtown. This southwest-facing 2-bedroom, 2-bath residence at Milago offers a rare treetop perspective overlooking Lady Bird Lake and the Hike-and-Bike Trail, creating a peaceful retreat in the heart of the city. The open-concept floor plan features wood flooring, stainless steel appliances, solar shades, spacious walk-in closets. Enjoy morning coffee or evening sunsets from the private balcony with serene lake and greenbelt views. Milago residents enjoy resort-style amenities including a rooftop pool and spa, outdoor grilling areas, fitness center, owner lounge, party room, lakeside terrace, and 24-hour concierge service. Just outside your door, explore the Rainey Street District's acclaimed restaurants, nightlife, and entertainment, or step directly onto the Lady Bird Lake Trail for walking, running, biking, paddleboarding, and more. Urban convenience meets waterfront tranquility in one of Austin's most sought-after downtown locations.
Property Features
Location Information
County
Travis
Subdivision
Milago Condo Amd
County
Travis
Directions
IH35, to Rainey Street, building at end of street. Park at guest spaces.
Area
DT
Interior Features
Interior
In-Law Floorplan, Kitchen Island, Main Level Primary, Open Floorplan
Floors
Tile, Wood
Primary Bedroom On Main
Yes
Laundry
Main Level, In Unit
Full Baths
2
Disabled Features
None
Number of Fireplaces
0
Appliances
Dishwasher, Disposal, Range, Refrigerator
Heating
Central
Accessibility
None
Exterior Features
Style
See Remarks
Garage Spaces
2
Stories
1
Fencing
None
Is New Construction
No
Has a Pool
Yes
Construction/Exterior
See Remarks
Lot Size in Acres
0.007
Exterior
None
Waterfront Description
See Remarks
Foundation
See Remarks
Has Waterfront
No
Possession
Closing & Funding
Has View
Yes
Water / Sewer
Public Sewer
View
City Lights, City, Hills, Lake
Water
Public
Is One Story
Yes
Parking Description
Assigned, Electric Vehicle Charging Station(s), Guest
School
Elementary School District
Austin ISD
Middle School
O Henry
Elementary School
Mathews
High School
Austin
Additional Information
Roof/Attic
See Remarks
Status
Active
Other Utilities
Electricity Connected, Water Connected
HOA Fee
$984.64
Association Name
Milago
HOA Frequency
Monthly
Property Type
CND
HOA Includes
Common Area Maintenance, Maintenance Structure, Parking, Security
Property SubType
Condominium
Amenities
Concierge
Year Built
2006
Documents Available
See Remarks
APN
02030312290000
Square Feet Source
Public Records
Similar Listings
Mortgage Calculator
$2,567
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,981
Monthly Tax
$458
Monthly Insurance
$128
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: Kuper Sotheby's Int'l Realty (512) 940-5293
© 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 6, 2026, 7:53 PM CT
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