$499,888
 $2,684 est/mo Sourced by Back At You

54 Rainey St #609,Austin, TX 78701

Austin, TX 78701

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Description

Experience elevated downtown living at Milago, one of Austin's premier waterfront high-rises in the heart of the vibrant Rainey Street District. This beautifully updated 2-bedroom, 2-bath residence offers an open-concept floor plan with rich wood flooring, abundant natural light, and contemporary finishes throughout. The renovated kitchen features white shaker cabinetry, granite countertops, stainless steel appliances, a stylish herringbone tile backsplash, and a spacious breakfast bar that seamlessly connects to the living and dining areas, perfect for entertaining. The generous living space opens to large windows that fill the home with natural light while creating a bright and inviting atmosphere. The primary suite offers a private retreat with an en-suite bath and ample closet space, while the secondary bedroom provides flexibility for guests, a home office, or additional living needs. Refrigerator, washer, and dryer convey. Milago residents enjoy exceptional amenities, including 24-hour concierge service, a rooftop pool and spa, fitness center, clubroom, and direct access to the Hike-and-Bike Trail and Lady Bird Lake. Building enhancements are currently underway, including updated hallways, a fully renovated clubroom, and new elevators, further enhancing the property's value and appeal.Enjoy walkable access to Austin's best dining, entertainment, nightlife, and outdoor recreation, all just steps from your front door. This is downtown Austin living at its finest.

Details

MLS #2020610
Listing TypeFor Sale
StyleCondominium
HOA Dues$964
Sub-TypeResale
StatusActive
Year2005
Days On Site76
Listing Provided ByWomack Real Estate LLC | Sherene Mayner

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,164
Garage2
Story(s)1
Acreage0.01
Water FrontYes
Property ViewNone

Interior

Interior FeaturesBreakfast Bar, Ceiling Fan(s), Ceiling-High, Granite Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, Open Floorplan, Smart Thermostat, Walk-In Closet(s)
CoolingCentral Air
HeatingCentral
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Range, Refrigerator, Washer
Fireplaces Total0
Window FeaturesWindow Coverings
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
RoofMembrane
Foundation DetailsSlab
Lot FeaturesNone
Patio And Porch FeaturesNone
FencingNone
Construction MaterialsBrick, Concrete, Stucco
Security FeaturesFire Alarm, Fire Sprinkler System, Secured Garage/Parking

Parking

Parking FeaturesAssigned, Electric Gate, Gated, Guest, Reserved
Garage Spaces2

Utilities

UtilitiesElectricity Connected, High Speed Internet, Sewer Connected, Water Connected
SewerPrivate Sewer

Other

List AorAustin Board Of Realtors

Taxes

Property9619

Area Information

StateTX
CountyTravis
CityAustin
Zip Code78701
AreaDT
Community NameMilago Condo Amd
School DistrictAustin ISD
Elementary SchoolMathews
High SchoolAustin
Listing VS Median (in Milago Condo Amd)
Price:
$499,888
low | high
Med:
$359,000
78.183913196556% of Average
sqft:
1,164
low | high
Med:
756
85.051546391753% of Average
$ / sqft:
$429
low | high
Med:
$475
39.426025080412% of Average
On site:
76
low | high
Med:
87
87.35632183908% of Average
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 27, 2026 at 8:52:58 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78701
AreaDT
Community NameMilago Condo Amd
School DistrictAustin ISD
Elementary SchoolMathews
High SchoolAustin
Listing VS Median (in Milago Condo Amd)
Price:
$499,888
low | high
Med:
$359,000
78.183913196556% of Average
sqft:
1,164
low | high
Med:
756
85.051546391753% of Average
$ / sqft:
$429
low | high
Med:
$475
39.426025080412% of Average
On site:
76
low | high
Med:
87
87.35632183908% of Average
Sourced by Back At You
Listing Updated: August 24, 2026 at 3:44:28 PM PDT
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