Description
Located in the heart of the vibrant Rainey Street District, this exceptional residence at 54 Rainey offers one of the most breathtaking and unobstructed views in all of Austin. Unit 706 features two spacious bedrooms, two full bathrooms, a dedicated office, and an expansive open living area perfectly positioned to capture sweeping panoramic views of Lady Bird Lake and the downtown Austin skyline from nearly every angle. Floor-to-ceiling glass fills the home with natural light and creates a truly unmatched urban living experience. Residents at 54 Rainey enjoy resort-style amenities including a stunning rooftop pool and lounge deck overlooking the city, state-of-the-art fitness center, yoga studio, dog park, concierge services, outdoor grilling and entertaining spaces, co-working areas, and beautifully designed resident lounges. Just steps from Austin’s top restaurants, nightlife, hike and bike trails, and waterfront activities, this is luxury downtown living at its finest. Priced aggressively at just $550,000 and ready to sell. Seller financing may also be available for qualified buyers with as little as 0% down.
Details
| MLS # | 7656455 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $965 |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2005 |
| Days On Site | 110 |
| Listing Provided By | Spyglass Realty | Dustin Raye |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,341 |
| Garage | 2 |
| Story(s) | 1 |
| Acreage | 0.01 |
| Water Front | Yes |
| Property View | City, City Lights, Downtown, Lak |
Interior
| Interior Features | See Remarks, Bar, Bookcases, Built-in Features, Ceiling Fan(s), Chandelier, Granite Counters, Stone Counters, Pantry, Primary Bedroom on Main, Walk-In Closet(s) |
|---|---|
| Cooling | Central Air |
| Heating | Central |
| Appliances | Dishwasher, Dryer, Electric Range, Microwave, Oven, Range, Refrigerator, Washer, Washer/Dryer, Wine Cooler, Wine Refrigerator |
| Fireplaces Total | 0 |
| Window Features | See Remarks |
| Flooring | Tile, Wood |
Exterior
| Exterior Features | Balcony, See Remarks |
|---|---|
| Roof | Flat Tile |
| Foundation Details | Slab |
| Lot Features | City Lot, Near Public Transit, See Remarks |
| Patio And Porch Features | Covered, Terrace, See Remarks |
| Fencing | None |
| Construction Materials | Masonry – All Sides |
| Security Features | See Remarks, Smoke Detector(s) |
Parking
| Parking Features | Assigned, Garage, See Remarks |
|---|---|
| Garage Spaces | 2 |
Utilities
| Utilities | See Remarks |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Taxes
| Property | 16394 |
|---|
Area Information
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78701 |
| Area | DT |
| Community Name | Milago Condo Amd |
| School District | Austin ISD |
| Elementary School | Mathews |
| High School | Austin |
| Listing VS Median (in Milago Condo Amd) | |
Price: $550,000 low | high Med: $354,000 sqft: 1,341 low | high Med: 756 $ / sqft: $410 low | high Med: $468 On site: 110 low | high Med: 87 | |
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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 29, 2026 at 11:34:03 AM 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
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78701 |
| Area | DT |
| Community Name | Milago Condo Amd |
| School District | Austin ISD |
| Elementary School | Mathews |
| High School | Austin |
| Listing VS Median (in Milago Condo Amd) | |
Price: $550,000 low | high Med: $354,000 sqft: 1,341 low | high Med: 756 $ / sqft: $410 low | high Med: $468 On site: 110 low | high Med: 87 | |
 | $1,200,00048 East AveAustin, TX 78701 |
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