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54 Rainey ST 405Austin, TX 78701

For Sale

$349,900

Smart Buyer Rebate - Ask

LOCATION LOCATION LOCATION...One of the best values in LUXURY high rise living in Downtown Austin. You'll love this spacious 1-bedroom condo with an open and light floor plan featuring expansive energy efficient windows, high ceilings, and a private balcony overlooking vibrant Rainey Street. Stackable washer/dryer and a large walk-in closet are a plus. Living at Milago there are many standout amenities such as a rooftop pool and hot tub with extraordinary views, bbq and lounge, fitness room, clubroom, wi-fi lounge and 24 hour concierge for that unbeatable first class experience. Enjoy direct access to the Shores of Lady Bird Lake and the Hike-and-Bike Trail. Built in 2005 this high rise stands 13 stories tall and houses 240 residential units. HOA covers common area maintenance, insurance, trash services and 24 hr concierge. Don't miss an opportunity to live downtown enjoy countless eateries, shops and entertainment venues at an incredible value!!!

Listed by Lonnie Van Tyle

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License #297873

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Friedmann Parks Realty

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(512) 699-7434

Last updated October 18, 2025

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Source: ACTRIS #4581585

Listing Facts

  • TypeCondo
  • NeighborhoodBridgeview
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu11
  • HOA/Maint. Fees$602.77/month
  • Taxes$7,266/year
  • Size781 sqft
  • Price per sqft$448

Amenities

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

Location

Mortgage Calculator

Listing History

10/10/2025
Listed by Friedmann Parks Realty
$349,900

Property Details for 54 Rainey ST 405

Association

Amenities

  • Community Features: BBQ Pit/Grill, Concierge, Fitness Center, Garage Parking, Pool

Fees

  • Association Fee: $602.77 Monthly
  • Association Fee Includes: Common Area Maintenance, Maintenance Grounds, Security

General

  • Association Name: Milago Condominium Assoc

Exterior

Construction

  • Property Condition: Resale
  • Roof: Membrane
  • Window Features: Double Pane Windows
  • Year Built: 2005
  • Construction Materials: Brick, Concrete, Stucco
  • Exterior Features: Balcony

Features

  • Direction Faces: East
  • Pool Features: Rooftop Pool
  • Pool Private: Yes
  • View: City, Creek/Stream, Downtown, Lake

Measurements

  • Lot Features: Cul-De-Sac, Curbs, Many Trees
  • Lot Size Acres: 0.00
  • Lot Size Area: 0
  • Lot Size Square Feet: 217

Financial

Taxes

  • Parcel Number: 02030312300000
  • Tax Annual Amount: $7,266.00
  • Tax Assessed Value: $366,658.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Electric Oven, Free-Standing Refrigerator, Self Cleaning Oven, Washer/Dryer Stacked
  • Flooring: Wood
  • Interior Features: No Interior Steps, Primary Bedroom On Main

Measurements

  • Living Area: 781
  • 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

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Garage, Guest, Heated Garage
  • 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
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

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.