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54 Rainey ST # 922, Austin TX 78701

$ 825,000
54 Rainey ST # 922, Austin TX 78701,
Active
$ 825,000


MLS Area: DT
County:
MLS # 4202725

54 Rainey ST # 922, Austin TX 78701, , TX 78701

About this property

Welcome to Milago Unit 922, a spacious 2-bedroom, 2-bath residence offering breathtaking panoramic views of Downtown Austin and Lady Bird Lake. Ideally positioned at the tranquil end of Rainey Street, this premier condo blends peaceful lakeside living with immediate access to Austin’s most vibrant dining and entertainment district.

This home underwent a comprehensive $150,000 remodel in 2017, completed through a thorough six-month renovation process. Enhancements include new hardwood flooring throughout, reconfigured walls and closets for improved functionality, custom pocket doors, and fully updated bathrooms with new toilets, showers, and modern finishes. The kitchen was completely redesigned with all-new appliances, cabinetry, and countertops, creating a refined, timeless space ideal for everyday living and entertaining.

Designed for modern living, the residence features oversized windows with automatic power shades, abundant natural light throughout and seamless indoor-outdoor connection highlighting city and lake views

BONUS FEATURES include two premium ground level parking spaces, a dedicated storage unit, refrigerator, and stackable washer/dryer—all included for your convenience.

The Milago Condominiums recently completed its first building-wide assessment since original construction, funding major capital improvements including roof replacement and elevator upgrades. The seller has already paid the full assessment for Unit 922, offering peace of mind and value to the next owner. Additionally, the building will soon begin a refresh of common areas and hallways, further enhancing the community’s appeal and long-term value.

Milago residents enjoy resort-style amenities, including:
– Rooftop pool & spa with grilling stations
– 2nd-floor fitness center and club room
– 1st-floor resident lounge and landscaped outdoor patio
– 24-hour concierge service

Basic Property Information

<strong>Dwelling Size - </strong> 1,212 ft2
From Public Records
<strong>Year Built - </strong> 2005
<strong>Stories - </strong> One
<strong>Foundation - </strong> See Remarks
<strong>Garage - </strong> 2
Garage, Reserved
<strong>Roof - </strong> See Remarks
<strong>Lot Size Acres - </strong> 0.007
<strong>Waterfront Features - </strong> Lake Front
<strong>Body of Water - </strong> Lady Bird Lake
Bedrooms - 2
<strong>Main Level Bedrooms - </strong> 2
<strong>Bathrooms - </strong> 2
<strong>Full - </strong> 2
<strong>Half - </strong> 0
<strong>Living Rooms - </strong> 1
<strong>Dining Rooms - </strong> 1
<strong>Fireplaces - </strong> 0
<strong>Pool on Property- </strong> None

School District

<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Mathews
<strong>Middle - </strong> O Henry
<strong>Senior High - </strong> Austin

Home Owners Association

<strong>Home Owners Association - </strong> Milago Condo Association
<strong>Fee - $</strong> 936.75
<strong>Frequency - </strong> Monthly
<strong>Includes - </strong> See Remarks

Amenities and Features

Other Features
Balcony
Breakfast Bar
Built-in Features
Ceiling Fan(s)
Dishwasher
Disposal
Electric Range
Electrical Utility Available
Gas Grill
Has Garage
Has Waterfront
High Ceilings
Home Owners Association
Microwave
Primary Bedroom on Main
Private Entrance
Property Attached
Refrigerator
Stainless Steel Appliance(s)
Walk-In Closet(s)
Washer/Dryer Stacked

Utilities

Heating: Central
Cooling: Central Air
Electricity Connected, Water Connected

Sewer: Public Sewer
Water: Public

Additional Details

<strong>Faces - </strong> NW
<strong>Flooring - </strong> Tile, Wood
<strong>View - </strong> City, City Lights, Downtown, Lake, Skyline, Water
<strong>Lot Features - </strong> None
<strong>Sellers Representative - </strong> Kuper Sotheby's Int'l Realty
(512) 831-6577
<strong>Other Structures - </strong> None
<strong>Accessibility Features - </strong> None
<strong>Community Features - </strong> BBQ Pit/Grill, Business Center, Common Grounds, Concierge, Conference/Meeting Room, Covered Parking, Fitness Center, Garage Parking, Lounge, Pool

Walk Score

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Based on information from the Austin Board of REALTORS®  for the period 01/16/2026 through 01/16/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.

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