#8279638, Alan Holt, Listing office: Compass RE Texas, LLC
54 Rainey St Unit 1018 Austin, TX 78701
Property details
About 54 Rainey St Unit 1018
You want VIEWS? This condo has VIEWS! The Milago Condominium is a jewell located on Lady Bird Lake and Trail. It has Downtown and lake VIEWS, 1956 sf, a large study/bedroom, 2 more bedrooms, 2 1/2 bathrooms and 2 balconies. Originally had it listed as a 2 bedroom but the huge study could certainly be a bedroom. Plenty of room to add a closet. It offers a modern living experience featuring an open-concept design with beautiful finishes, rare operable windows flooding the interiors with natural light creating a bright and airy feel. This unique unit has 2 private balconies with expansive views of Downtown Austin and Lady Bird Lake. The open kitchen has sleek contemporary cabinetry with soft-close cabinets and drawers perfect for everyday living and entertaining. Primary bedroom has its own balcony and huge spa-like bathroom and a large primary custom closet. The secondary bedroom has its own ensuite bath. The study is very large and can serve as a guest bedroom, office or media room. This is elevated living in downtown Austin with the serenity of living on the lake and trail blending the tranquility of nature with the conveniences of modern living. Milago offers luxury amenities such as the rooftop pool and spa, grills on the roof and on the 3rd floor terrace, a first floor lounge open to a ground level patio facing the lake and trail, a 3rd floor club room and fitness center, bike storage and lush green space all around the building. Milago offers modern connectivity to downtown Austin. With its proximity to Lady Bird Lake and Trail, downtown Austin and world-class restaurants and live music, this Milago Condominium offers an exceptional opportunity to experience the best of both worlds in one of Austin’s most treasured neighborhoods - The Rainey Street Historical District. This condo comes with 2 Reserved Parking spaces A106 and A107 and Storage Space #70. If you are looking for views, modern luxury and urban convenience...this is it!
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Electric Oven, Electric Range, Range, Washer/Dryer Stacked, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
- Flooring Type: Tile, Wood
- Interior: Breakfast Bar, Ceiling Fan(s), Double Vanity, High Ceilings, Main Level Primary, Open Floorplan, Quartz Counters, Storage, Walk-In Closet(s)
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Assigned, Garage, Gated, Guest
- Waterfront: Lake Front
- View: City, Hills, Lake
- Exterior: Balcony
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $1,100,000
- Price/SqFt: $562
- HOA Amount: $1511 Monthly
- Lot: Landscaped, Level, Many Trees, Views
- Directions: At the south end of Rainey St on the right. Guest Garage to the right of the front entrance.
- Year Built: 2006
- Stories: 1
- Living Area: 1,956 SqFt
- MLS Number: 9115496
- MLS Name: ACTRIS
- Office Name: Lux Haus Realty
- Office Phone: (512) 770-6300
- Listing Agent: Joanne Flynn
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
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Last updated on: 6/16/2025, 9:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,100,000
54 Rainey St Unit 1018
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Price information
Property sales
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Tax history
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Nearby schools
2
Sanchez Elementary School
Public District PK-5
0.3 mi
•73 San Marcos St
7
Travis Heights Elementary School
Public Charter EE-5
1.1 mi
•2010 Alameda Dr
3
Zavala Elementary School
Public District EE-5
1.1 mi
•310 Robert T Martinez Jr St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,389. Residents of Austin, TX typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 54 Rainey St Unit 1018
The listing price of 54 Rainey St Unit 1018 property is $1,100,000.
The property 54 Rainey St Unit 1018 is a condo located in Austin, Texas, 78701.
Active Listing: 54 Rainey St Unit 1018 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 54 Rainey St Unit 1018 are: Sanchez Elementary School (GreatSchools Rating 2/10), Travis Heights Elementary School (GreatSchools Rating 7/10), Zavala Elementary School (GreatSchools Rating 3/10), Martin Middle School (GreatSchools Rating 2/10), Lively Middle School (GreatSchools Rating 3/10), Kealing Middle School (GreatSchools Rating 6/10), Phoenix Academy (GreatSchools Rating 1/10), University of Texas at Austin High School (GreatSchools Rating 9/10), Graduation Preparatory Academy (GreatSchools Rating 1/10).
The property at 54 Rainey St Unit 1018 has 3 bedrooms and 2 full and 1 half bathrooms.
The property 54 Rainey St Unit 1018 is 1,956 SqFt (source: MLS/tax record).
The year of construction for 54 Rainey St Unit 1018 is 2006.
This home is located at 54 Rainey St Unit 1018 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,956 square foot home was built in 2006. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $1,100,000.
Over 134 listings were sold over their listed price in May 2025 in Austin, TX. In the same period over 636 listings were sold below the listed price and 152 listings were sold for the listed price. The number of listings in Austin, TX increased by 17.3% between April and May 2025. In May 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $575,934.