54 Rainey ST # 502, Austin TX 78701

Residential Active
  • $825,000
36
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
31 More
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
54 Rainey ST # 502, Austin TX 78701
Residential Active

54 Rainey ST # 502, Austin TX 78701

  • $825,000

Overview

  • Condominium
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1557
  • Sq Ft
  • 2005
  • Year Built
  • 0.009
  • Lot Sq Ft

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.

Interior Features

Living Area
1557
Price per Sqft
529.87
Levels
One
Living Room
1
Flooring
Tile, Wood
# Other Level Beds
0
Dining Rooms
1
Main Level Bedrooms
3
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
0
Total Bathrooms
2
Fireplace
0
Laundry Location
Laundry Closet
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Patio And Porch Features
See Remarks
Window Features
Window Treatments
Interior Features
Breakfast Bar, Ceiling Fan(s), Granite Counters, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
Appliances
Dishwasher, Electric Range, Microwave, Stainless Steel Appliance(s)

Utilities

Utilities
Electricity Available, Sewer Available, Water Available

Exterior Features

Roof
Membrane
Waterfront
No
Property Condition
Resale
Foundation Details
Slab
View
No
Fencing
None
Water Source
Public
Other Structures
None
Spa Features
Parking Features
Assigned, Garage, Secured
Pool
No
Lot Size
0.01 Acres
Sewer
Public Sewer
Exterior Features
Balcony

School Information

Elementary School
Mathews
Middle School
O Henry
High School
Austin

Other Property Details

MLSⓇ ID
4776980
MLS Board
Unlock MLS
Direction Faces
West
Community Features
Bike Storage/Locker, Concierge, Conference/Meeting Room, Fitness Center, Lounge, Pool, Storage
Accessibility Features
None
Lot Features
None
FEMA Flood Plain
No

TAX Details*

Annual Tax Amount
$15,008.59
Estimated Taxes
$18,466.00

HOA Details

HOA Name
Milago Condominium Assocation
HOA Fees
$1,290.29
HOA Fee Frequency
Monthly

Listing Details

Data Source
Unlock MLS
List Agent MLS ID
689859
List Agent Name
Michael Frost
Listing Broker
Compass RE Texas, LLC
Contractual Search Date / Listed
2026-08-12

Other Details

Pets Allowed
[mls_disclaimer]

Mortgage Calculator

Mortgage Calculator

Amit Shanghvi

Enquire About This Property






    Compare listings

    Compare