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54 Rainey ST # 1018
Austin, TX, 78701
$1,079,000
3 Beds
2.5 Baths
1,956 SqFt
0 Acres
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Open House Jul 20, 2025
11:00 – 01:00
Ideally situated on a high floor of the Milago, this expansive 1,956 SF corner residence offers unobstructed views of the Austin skyline and Lady Bird Lake. With a flexible layout featuring three bedrooms (or two with home office or study) this home is thoughtfully designed for both comfort and sophistication. The open-concept living and dining areas flow into the kitchen with generous counter space, stainless steel appliances, and a large pantry. The primary suite is a true retreat, complete with a walk-in closet, private balcony, and a spacious spa-like bath featuring a soaking tub, glass-enclosed shower, dual vanity, and great storage. The second bedroom includes its own en-suite bath, providing comfort and privacy for guests. Additional features include two reserved parking spaces and a private storage unit.
Perhaps one of the best secrets in town, The Milago is located on the quiet end of Rainey Street with direct access to the Hike & Bike Trail while being steps away from restaurants, bars, and entertainment, offering a rare balance of lakeside calm and downtown connectivity. The building’s full-service amenities include a 24-hour concierge, rooftop pool and spa, fitness center, business center, third-floor terrace with BBQ and seating, and secure bike storage.

Property Details

Price:
$1,079,000
MLS #:
5853750
Status:
Active
Beds:
3
Baths:
2.5
Address:
54 Rainey ST # 1018
Type:
Condo
Subtype:
Condominium
Subdivision:
Milago Condominium
City:
Austin
Listed Date:
Jul 9, 2025
State:
TX
Finished Sq Ft:
1,956
ZIP:
78701
Year Built:
2006
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Schools

School District:
Austin ISD
Elementary School:
Mathews
Middle School:
O Henry
High School:
Austin

Interior

Appliances
Built- In Electric Oven, Built- In Electric Range, Built- In Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/ Dryer Stacked, Electric Water Heater
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Electric
Flooring
Tile, Wood
Heating
Central, Electric

Exterior

Community Features
B B Q Pit/ Grill, Bike Storage/ Locker, Business Center, Cluster Mailbox, Common Grounds, Concierge, Conference/ Meeting Room, Controlled Access, Curbs, Electronic Payments, Fitness Center, Garage Parking, Gated, Lake, Lock and Leave, Lounge, Package Service, Park, Pool, Property Manager On- Site, Recycling Area/ Center, Rooftop Lounge, Spa/ Hot Tub, Storage, Street Lights, Sundeck
Exterior Features
Balcony
Other Structures
None
Parking Features
Assigned, Garage, Gated
Roof
Built- Up

Financial

HOA Fee
$1,511
HOA Frequency
Monthly
HOA Includes
Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Parking, Security
HOA Name
Milago Condominium

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Community

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54 Rainey ST # 1018
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