This meticulously maintained urban condo at the Milago offers stylish living at the end of Rainey Street, with direct access to Lady Bird Lake, the hike and bike trail, and a lively array of dining and entertainment spots just steps away. This one-bedroom + study, one-bath condo showcases European plank hardwood floors, custom paint (entire condo & ceiling painted 2020), granite countertops, stainless steel appliances, a custom closet organizer, and a functional, open floor plan designed to maximize both space and comfort. Recently replaced in 2020 Rheem electric water heater and hvac. The Milago offers exceptional amenities, including a rooftop pool and hot tub with sweeping downtown views along with grills and seating, and a spacious 3rd-floor terrace outdoor seating— perfect for entertaining. Residents also enjoy 24-hour concierge service, a fitness center, a clubroom, a Wi-Fi lounge, and convenient bike storage. Recent updates include a refreshed lobby, new pool furniture, and BBQ grills. This condo blends luxury, convenience, and unbeatable location for the ultimate urban lifestyle. *Buyer to independently verify all information including but not limited to taxes, restrictions, schools, square footage, Hoa dues, year built, etc.
Listed by Kristee Leonard
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License #577711
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The Leaders Realty, LLC
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(512) 695-5144
Last updated September 02, 2025
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Source: ACTRIS #5555368
Listing Facts
TypeCondo
NeighborhoodBridgeview
Bedrooms1
Bathrooms1
Days on Prevu91
HOA/Maint. Fees$667.95/month
Taxes$6,611/year
Size865 sqft
Price per sqft$491
Amenities
Dishwasher
Private Outdoor Space
Air Conditioning
Parking
Swimming Pool
Fitness Center
Location
Mortgage Calculator
Listing History
09/02/2025
Price Decreased
$425,000
07/19/2025
Price Decreased
$450,000
06/07/2025
Listed by The Leaders Realty, LLC
$485,000
Property Details for 54 Rainey ST 617
Association
Amenities
Community Features: BBQ Pit/Grill, Bike Storage/Locker, Clubhouse, Concierge, Fitness Center, Google Fiber, High Speed Internet, Lake, Park, Pool
Fees
Association Fee: $667.95 Monthly
Association Fee Includes: Common Area Maintenance, Insurance, Trash
General
Association Name: Milago
Exterior
Construction
Property Condition: Updated/Remodeled
Roof: See Remarks
Window Features: Blinds
Year Built: 2005
Construction Materials: See Remarks
Features
Direction Faces: East
Pool Features: Heated, Rooftop Pool
Pool Private: Yes
View: City
Measurements
Lot Features: Near Public Transit
Financial
Taxes
Parcel Number: 02030312880000
Tax Annual Amount: $6,611.00
Tax Assessed Value: $404,894.00
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, Disposal, Electric Range, Microwave, Stainless Steel Appliance(s), Electric Water Heater
Flooring: Tile, Wood
Interior Features: Built-in Features, Ceiling Fan(s), Granite Counters, Eat-in Kitchen, High Speed Internet, Open Floorplan, Primary Bedroom On Main, Smart Thermostat, Stackable W/D Connections, Walk-In Closet(s)
Spa Features: Hot Tub
Measurements
Living Area: 865
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: 617
Water Body Name: Lake Austin
Parking
Parking
Covered Spaces: 1
Garage Spaces: 1
Garage: Yes
Parking Features: Garage, Reserved, Secured
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: Ceiling Fan(s), Central Air
Heating: Central
Sewer: Public Sewer
Utilities: 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.
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.