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.
Listed by Matt Holm
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License #585248
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Compass RE Texas, LLC
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(512) 769-1695
Last updated March 06, 2026
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Source: ACTRIS #2440461
Listing Facts
TypeCondo
NeighborhoodBridgeview
Bedrooms3
Bathrooms3
Days on Prevu10
HOA/Maint. Fees$1,511/month
Size1,956 sqft
Price per sqft$506
Amenities
Dishwasher
Private Outdoor Space
Parking
Swimming Pool
Fitness Center
Location
Mortgage Calculator
Listing History
03/05/2026
Listed by Compass RE Texas, LLC
$989,000
Property Details for 54 Rainey ST 1018
Association
Amenities
Community Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Concierge, Fitness Center, Garage Parking, Pool
Fees
Association Fee: $1,511.00 Monthly
Association Fee Includes: See Remarks
General
Association Name: Milago Condominiums
Exterior
Construction
Property Attached: Yes
Property Condition: Resale
Roof: Built-Up
Window Features: Double Pane Windows
Year Built: 2005
Construction Materials: Brick, Stone, Stucco
Exterior Features: Balcony
Features
Direction Faces: NW
Patio And Porch Features: See Remarks
View: City, Downtown, Hill Country, Lake, Skyline
Waterfront Features: Lake Front
Waterfront: Yes
Measurements
Lot Features: See Remarks
Lot Size Acres: 0.01
Lot Size Area: 0
Lot Size Square Feet: 492
Financial
Taxes
Parcel Number: 02030313820000
Tax Assessed Value: $869,981.00
Tax Year: 2026
Interior
Features
Appliances: Built-In Electric Range, Dishwasher
Flooring: See Remarks
Interior Features: See Remarks
Measurements
Living Area: 1,956
Living Area Source: Public Records
Rooms
Bathrooms Full: 2
Bathrooms Half: 1
Bathrooms Total Integer: 3
Bedrooms Total: 3
Main Level Bedrooms: 3
Other
Features
Accessibility Features: See Remarks
Location
Subdivision Name: Milago Condo Amd
Tax Lot: 1018
Water Body Name: Lady Bird Lake
Parking
Parking
Covered Spaces: 2
Garage Spaces: 2
Garage: Yes
Parking Features: Garage, Reserved
Parking Total: 2
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: Other
Heating: Central
Sewer: See Remarks
Utilities: See Remarks
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this condo have?
There are 3 bedrooms and 3 bathrooms in this condo at 54 Rainey ST 1018.
What schools are nearby to 54 Rainey ST 1018?
Nearby schools include the Mathews Elementary School, O Henry Middle School, and Austin High School.
Does this condo have parking?
Yes, there are 2 parking spaces available for 54 Rainey ST 1018.
How does 54 Rainey ST 1018 compare to other condos in Bridgeview?
This condo is listed 13% above the average price for condos in Bridgeview and has been on the market for 93 less days than the typical home in this area.
What building or home owners association is the condo part of?
This condo is part of the Milago Condominiums home owners association.
What is the square footage on this condo?
According to the MLS, this listing is 1,956 sqft.
54 Rainey ST 1018 is a 3-bedroom, 3-bath condo for sale in Austin TX 78701. Listed on Prevu for 10 days at $989,000. This residence features 1,956 square feet of living space, located in Bridgeview. The median listing price for condos in this area is $667,000. Nearby schools include Mathews Elementary School, O Henry Middle School, and Austin High School. Property amenities include private outdoor space, dishwasher, fitness center, parking, and swimming pool. View other condo listings in Austin.
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.
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.
