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54 Rainey ST # 1018, Austin TX 78701

$ 1,079,000
54 Rainey ST # 1018, Austin TX 78701,
Active
$ 1,079,000


MLS Area: DT
County:
MLS # 5853750

54 Rainey ST # 1018, Austin TX 78701, , TX 78701

About this property

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.

Basic Property Information

<strong>Dwelling Size - </strong> 1,956 ft2
From Builder
<strong>Year Built - </strong> 2006
<strong>Stories - </strong> One
<strong>Foundation - </strong> Pillar/Post/Pier
<strong>Garage - </strong> 2
Assigned,Garage,Gated
<strong>Roof - </strong> Built-Up
<strong>Lot Size Acres - </strong> 0
<strong>Waterfront Features - </strong> Lake Front
<strong>Body of Water - </strong> Lady Bird Lake
Bedrooms - 3
<strong>Main Level Bedrooms - </strong> 3
<strong>Bathrooms - </strong> 2.5
<strong>Full - </strong> 2
<strong>Half - </strong> 1
<strong>Living Rooms - </strong> 2
<strong>Dining Rooms - </strong> 1
<strong>Fireplaces - </strong> 0
<strong>Pool on Property- </strong> See Remarks

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 Condominium
<strong>Fee - $</strong> 1511
<strong>Frequency - </strong> Monthly
<strong>Includes - </strong> Common Area Maintenance,Maintenance Grounds,Maintenance Structure,Parking,Security

Amenities and Features

Other Features
Balcony
Breakfast Bar
Built-In Electric Oven
Built-In Electric Range
Built-In Range
Ceiling Fan(s)
Dishwasher
Disposal
Double Vanity
Electric Water Heater
Electrical Utility Available
Has Garage
Has Waterfront
High Ceilings
Home Owners Association
Microwave
Open Floorplan
Primary Bedroom on Main
Property Attached
Quartz Counters
Refrigerator
Stackable W/D Connections
Storage
Walk-In Closet(s)
Washer/Dryer Stacked

Utilities

Heating: Central,Electric
Cooling: Central Air,Electric
Electricity Available,See Remarks

Sewer: Public Sewer
Water: Public

Additional Details

<strong>Faces - </strong> NW
<strong>Flooring - </strong> Tile,Wood
<strong>View - </strong> City,Downtown,Hill Country,Lake,Skyline,See Remarks
<strong>Lot Features - </strong> Landscaped,Level,Many Trees,Views
<strong>Sellers Representative - </strong> Urbanspace
(512) 457-8884
<strong>Other Structures - </strong> None
<strong>Accessibility Features - </strong> See Remarks
<strong>Community Features - </strong> BBQ 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

Walk Score

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Based on information from the Austin Board of REALTORSยฎย  for the period 07/17/2025 through 07/17/2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORSยฎ, ACTRIS and their affiliates provide the MLS and all content therein โ€œAS ISโ€ and without any warranty, express or implied.

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