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54 Rainey ST 1015Austin, TX 78701

For Sale

$389,000

Smart Buyer Rebate $1,670

Indulge in luxury living with this exquisite one-bedroom condo, showcasing breathtaking views. Inside, you’ll be greeted by the timeless beauty of wood floors and granite countertops, while the kitchen features sleek stainless steel appliances. A stacked washer and dryer add to the modern conveniences. The Milago building offers impressive amenities, including a rooftop terrace with a pool, hot tub, BBQ grills, a fitness center, club room, ground-level lounge, patio, and 24/7 concierge services.
Located in the vibrant Rainey Street District next to Lady Bird Lake, you'll be steps away from popular spots like Royal Blue Grocery, Salvation Pizza, Standard Proof, Cuvee Coffee, Emmer & Rye, Geraldine’s, and the Limestone Rooftop Bar. Enjoy the neighborhood's bustling nightlife and easy access to outdoor activities like biking, paddle boarding, kayaking, running, or strolling along the nearby hike and bike trail or Rainey Trailhead.
Live music, dining, and cocktails are just a short walk away, offering an unmatched urban lifestyle. Plus, with reserved parking space #234, you can enjoy the convenience of a lock-and-leave lifestyle. Experience the perfect blend of sophistication and convenience at Milago Condominium—your new home awaits.

Listed by Sherene Mayner

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License #643368

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Womack Real Estate LLC

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(512) 689-9324

Last updated September 02, 2025

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Source: ACTRIS #3385473

Listing Facts

  • TypeCondo
  • NeighborhoodBridgeview
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu4
  • HOA/Maint. Fees$584.45/month
  • Taxes$8,267.88/year
  • Size756 sqft
  • Price per sqft$515

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

09/02/2025
Price Decreased
$389,000
09/02/2025
Listed by Womack Real Estate LLC
$469,000

Property Details for 54 Rainey ST 1015

Association

Amenities

  • Community Features: Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Fitness Center, Garage Parking, Gated, Lock And Leave, Nest Thermostat, Pool, Recycling Area/Center, Street Lights, Sundeck

Fees

  • Association Fee: $584.45 Monthly
  • Association Fee Includes: Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Security, Trash

General

  • Association Name: Milago HOA

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Resale
  • Roof: Membrane
  • Window Features: Insulated Windows, Window Treatments
  • Year Built: 2005
  • Construction Materials: Brick, Concrete, Stucco
  • Exterior Features: Balcony

Features

  • Direction Faces: East
  • Patio And Porch Features: Covered
  • View: City Lights
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Measurements

  • Lot Features: Back To Park/Greenbelt, Curbs, Many Trees
  • Lot Size Acres: 0.00
  • Lot Size Area: 0
  • Lot Size Square Feet: 191

Financial

Taxes

  • Parcel Number: 02030313790000
  • Tax Annual Amount: $8,267.88
  • Tax Assessed Value: $429,142.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Refrigerator, Washer/Dryer Stacked
  • Flooring: Wood
  • Interior Features: Breakfast Bar, Ceiling Fan(s), High Ceilings, Granite Counters, Electric Dryer Hookup, Open Floorplan, Primary Bedroom On Main, Smart Thermostat, Soaking Tub, Stackable W/D Connections, Walk-In Closet(s), Washer Hookup

Measurements

  • Living Area: 756
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Main Level Bedrooms: 1

Other

Location

  • Subdivision Name: Milago Condo Amd
  • Tax Lot: 1015
  • Water Body Name: Lady Bird Lake

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Electric Gate, Enclosed, Guest, Private, Reserved
  • Parking Total: 1

Schools

Elementary School

  • Elementary School: Mathews
  • Elementary School District: Austin ISD

High School

  • High School: Austin
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: O Henry
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Private Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Private

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.