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54 Rainey ST 920Austin, TX 78701

For Sale

$475,000

Smart Buyer Rebate $4,750

Enjoy a front-row seat to Lady Bird Lake from this ninth-floor residence at Milago, where panoramic water views and abundant natural light create an inviting retreat in the heart of downtown Austin. Expansive windows frame the lake from nearly every room, while a private balcony extends the living space outdoors, offering a beautiful setting to take in the views and enjoy the waterfront surroundings.

Streamlined for comfort and convenience, Unit 920 features an open, efficient floor plan that makes the most of its space and exceptional setting. Whether enjoyed as a full-time residence, weekend getaway or lock-and-leave retreat, the home offers an appealing balance of urban living and everyday comfort.

Milago's amenities further enhance the experience, with a rooftop pool offering sweeping views of the lake and downtown skyline, a fitness center, concierge services and inviting common areas.

Just outside the building, the Lady Bird Lake hike-and-bike trail invites morning walks, afternoon bike rides and easy access to Austin's waterfront parks and green spaces. In the other direction, the vibrant Rainey Street District offers an eclectic collection of restaurants, coffee shops and entertainment, all within easy walking distance.

With its exceptional waterfront location, captivating lake views and proximity to downtown Austin's dining, entertainment and cultural destinations, Milago Unit 920 offers a distinctive opportunity to enjoy the best of Austin's urban and outdoor lifestyles.

Listed by Barbara Van Dyke

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License #643704

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Compass RE Texas, LLC

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(512) 431-2552

Last updated October 18, 2026

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Source: ACTRIS #7555409

Listing Facts

  • TypeCondo
  • NeighborhoodBridgeview
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu16
  • HOA/Maint. Fees$622.22/month
  • Taxes$7,259.15/year
  • Size750 sqft
  • Price per sqft$633

Amenities

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

Location

Mortgage Calculator

Listing History

10/15/2026
Listed by Compass RE Texas, LLC
$475,000
  1. 10/15/2026$475,000
    Listed by Compass RE Texas, LLC

Property Details for 54 Rainey ST 920

Association

Amenities

  • Community Features: Bike Storage/Locker, Clubhouse, Concierge, Fitness Center, Garage Parking, Park, Pet Amenities

Fees

  • Association Fee: $622.22 Monthly
  • Association Fee Includes: Common Area Maintenance, Insurance, Landscaping, Maintenance Structure

General

  • Association Name: Milago Condominiums

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Resale
  • Roof: See Remarks
  • Year Built: 2005
  • Construction Materials: See Remarks
  • Exterior Features: Balcony, Boat Ramp

Features

  • Direction Faces: NW
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Rooftop Pool, See Remarks
  • Pool Private: Yes
  • View: City, Lake, Panoramic, Park/Greenbelt, River
  • Waterfront Features: River Front
  • Waterfront: Yes

Measurements

  • Lot Features: Back To Park/Greenbelt, Views
  • Lot Size Acres: 0.00
  • Lot Size Area: 0
  • Lot Size Square Feet: 174

Financial

Taxes

  • Parcel Number: 02030313610000
  • Tax Annual Amount: $7,259.15
  • Tax Assessed Value: $342,482.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Washer/Dryer Stacked
  • Flooring: Vinyl
  • Interior Features: Breakfast Bar, No Interior Steps, Primary Bedroom On Main, Track Lighting, Walk-In Closet(s), Granite Counters

Measurements

  • Living Area: 750
  • 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: 920
  • Water Body Name: Lake Austin

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 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
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1 bathroom in this condo at 54 Rainey ST 920.

What schools are nearby to 54 Rainey ST 920?

Nearby schools include the Mathews Elementary School, O Henry Middle School, and Austin High School.

Does this condo have parking?

Yes, there is 1 parking space available for 54 Rainey ST 920.

What are the annual taxes for 54 Rainey ST 920?

Annual taxes for this condo are estimated at $7,259.

How does 54 Rainey ST 920 compare to other condos in Bridgeview?

This condo is listed 34% below the average price for condos in Bridgeview and has been on the market for 151 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 750 sqft.

54 Rainey ST 920 is a 1-bedroom, 1-bath condo for sale in Austin TX 78701. On Prevu for 16 days at $475,000. This property features 750 square feet of living space, located in Bridgeview. The median listing price for condos in this area is $637,500. Nearby schools include Mathews Elementary School, O Henry Middle School, and Austin High School. Property amenities include private outdoor space, dishwasher, air conditioning, 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.

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.