54 Rainey ST # 1018, Austin TX 78701

Residential Active
  • $989,000
32
54 Rainey ST # 1018, Austin TX 78701
27 More
Residential Active

54 Rainey ST # 1018, Austin TX 78701

  • $989,000

Overview

  • Condominium
  • Property Type
  • 3
  • Bedrooms
  • 2.5
  • Bathrooms
  • 1956
  • Sq Ft
  • 2005
  • Year Built
  • 0.0113
  • Lot Sq Ft

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.

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Interior Features

Living Area
1956
Price per Sqft
505.62
Levels
One
Living Room
1
Flooring
See Remarks
Dining Rooms
1
Main Level Bedrooms
3
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Total Bathrooms
2.5
Fireplace
0
Laundry Location
In Unit
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Central
Patio And Porch Features
See Remarks
Window Features
Double Pane Windows
Interior Features
See Remarks
Appliances
Built-In Electric Range, Dishwasher

Utilities

Utilities
See Remarks

Exterior Features

Roof
Built-Up
Waterfront
Yes
Waterfront Features
Lake Front
Property Condition
Resale
Foundation Details
Pillar/Post/Pier
View
No
Fencing
None
Water Source
Public
Other Structures
None
Spa Features
Parking Features
Garage, Reserved
Pool
No
Lot Size
0.01 Acres
Sewer
See Remarks
Exterior Features
Balcony

School Information

Elementary School
Mathews
Middle School
O Henry
High School
Austin

Other Property Details

MLSⓇ ID
2440461
MLS Board
Unlock MLS
Direction Faces
NW
Community Features
BBQ Pit/Grill, Bike Storage/Locker, Business Center, Concierge, Fitness Center, Garage Parking, Pool
Accessibility Features
See Remarks
Lot Features
See Remarks
FEMA Flood Plain
See Remarks

TAX Details*

Estimated Taxes
$17,804.00

HOA Details

HOA Name
Milago Condominiums
HOA Fees
$1,511.00
HOA Fee Frequency
Monthly

Listing Details

Data Source
Unlock MLS
List Agent MLS ID
585248
List Agent Name
Matt Holm
Listing Broker
Compass RE Texas, LLC
Contractual Search Date / Listed
2026-03-05

Other Details

Pets Allowed
[mls_disclaimer]

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Amit Shanghvi

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