54 Rainey ST # 1018, Austin TX 78701

$949,999
54 Rainey ST # 1018, Austin TX 78701,
Active
$949,999


MLS Area: DT
County:
MLS # 2440461

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

About this property

Experience elevated downtown living at Milago, where style, space, and sweeping views come together in one exceptional residence. This beautifully appointed 3-bedroom, 2.5-bath condo offers nearly 2,000 square feet (1,956 SF) of light-filled living space in one of Austin’s most desirable waterfront buildings.

From the moment you enter, you’re greeted by expansive windows that flood the home with natural light and frame stunning views the downtown skyline and Lady Bird Lake. Rich wood flooring runs throughout, creating a warm, cohesive feel across the open-concept living and dining areas—perfect for entertaining or simply enjoying the view.

The gorgeous kitchen is both functional and refined, featuring quartz countertops, a custom backsplash, an extra-deep sink, and abundant cabinet space for effortless organization. Whether you’re hosting friends before a night out or preparing a quiet dinner at home, this kitchen is designed to impress.

The spacious primary suite offers a true retreat, complete with a luxurious ensuite bath boasting a double vanity, large soaking tub, and separate walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or a dedicated fitness or media space.

Located just steps from the Town Lake Trail, you’ll have immediate access to miles of scenic waterfront paths, along with some of Austin’s best dining, shopping, and entertainment. Residents of Milago enjoy premium amenities including a beautiful pool and a fully equipped fitness center.

This is downtown Austin living at its finest—spacious, sophisticated, and perfectly positioned to enjoy the best of the city.

Basic Property Information

<strong>Dwelling Size - </strong> 1,956 ft2
From Public Records
<strong>Year Built - </strong> 2005
<strong>Stories - </strong> One
<strong>Foundation - </strong> Pillar/Post/Pier
<strong>Garage - </strong> 2
Garage, Reserved
<strong>Roof - </strong> Built-Up
<strong>Lot Size Acres - </strong> 0.0113
<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> 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 Condominiums
<strong>Fee - $</strong> 1511
<strong>Frequency - </strong> Monthly
<strong>Includes - </strong> See Remarks

Amenities and Features

Other Features
Balcony
Built-In Electric Range
Dishwasher
Has Garage
Has Waterfront
Home Owners Association
Property Attached
See Remarks

Utilities

Heating: Central
Cooling: Other
See Remarks

Sewer: See Remarks
Water: Public

Additional Details

<strong>Faces - </strong> NW
<strong>Flooring - </strong> See Remarks
<strong>View - </strong> City, Downtown, Hill Country, Lake, Skyline
<strong>Lot Features - </strong> See Remarks
<strong>Sellers Representative - </strong> Compass RE Texas, LLC
(512) 575-3644
<strong>Other Structures - </strong> None
<strong>Accessibility Features - </strong> See Remarks
<strong>Community Features - </strong> BBQ Pit/Grill, Bike Storage/Locker, Business Center, Concierge, Fitness Center, Garage Parking, Pool

Walk Score

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Based on information from the Austin Board of REALTORS®  for the period 08/25/2026 through 08/25/2026. 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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