54 RAINEY STREET #502, AUSTIN, TX 78701

Homes for sale in Austin.

Homes for sale in 78701.


Active

List Price$849,500

54 Rainey Street #502

Austin, TX 78701

Listing #4776980

3

Bedrooms

2 full

Bathrooms

1,557

Square Feet

Condo

Type

About This Property

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.

Property Features

Location Information

County

Travis

Subdivision

Milago Condo Amd

County

Travis

Directions

Drive south on Lavaca St, turn right onto W 11th St, then right onto the I-35 Frontage Rd. Continue onto East Ave, turn right onto River St, and at the traffic circle, turn left onto Rainey St. The destination will be on your right.

Area

DT

Interior Features

Interior

Breakfast Bar, Ceiling Fan(s), Granite Counters, Main Level Primary, Open Floorplan, Recessed Lighting, Soaking Tub, Walk-In Closet(s)

Floors

Tile, Wood

Primary Bedroom On Main

Yes

Laundry

Laundry Closet

Full Baths

2

Disabled Features

None

Number of Fireplaces

0

Appliances

Dishwasher, Electric Range, Microwave, Stainless Steel Appliance(s)

Heating

Central

Accessibility

None

Exterior Features

Style

Masonry, Stucco

Garage Spaces

2

Stories

1

Fencing

None

Is New Construction

No

Has a Pool

Yes

Construction/Exterior

Masonry, Stucco

Lot Size in Acres

0.009

Exterior

Balcony

Waterfront Description

None

Foundation

Slab

Has Waterfront

No

Possession

Closing & Funding, Close Of Escrow

Has View

Yes

Water / Sewer

Public Sewer

View

City, River

Water

Public

Is One Story

Yes

Parking Description

Assigned, Garage, Secured

School

Elementary School District

Austin ISD

Middle School

O Henry

Elementary School

Mathews

High School

Austin

Additional Information

Roof/Attic

Membrane

Status

Active

Other Utilities

Electricity Available, Sewer Available, Water Available

HOA Fee

$1,290.29

Association Name

Milago Condominium Assocation

HOA Frequency

Monthly

Property Type

CND

HOA Includes

Common Area Maintenance, Trash

Property SubType

Condominium

Amenities

Concierge

Year Built

2005

Documents Available

None

APN

02030312500000

Square Feet Source

Public Records

Similar Listings

Mortgage Calculator

$3,966

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,061

Monthly Tax

$707

Monthly Insurance

$198

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

Real Estate IDX Powered by iHomefinder