$1,100,000

54 Rainey St Unit 1018 Austin, TX 78701

$10,000
Closing credit¹
2 beds
2 full, 1 partial
1,956 sqft
$562 / sqft
Condo

Property details

About 54 Rainey St Unit 1018

You want VIEWS right?! 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, 2 bedrooms, 2 1/2 bathrooms and 2 balconies. It offers a modern living experience featuring an open-concept design with beautiful finishes, high ceilings and 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. The primary bedroom has its own balcony and a huge primary spa-like bathroom - a real treat along with the large primary custom closet. The secondary bedroom has its own ensuite bath. The study is very large and can serve as a guest room as well as an 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 is truly a community that cares about their residents and 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 a private air conditioned Storage Space #70. If you are looking for views, modern luxury and urban convenience...this is it!

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,956 sqft
Year built2006
ParkingAssigned, Garage, Gated, Guest
MLS #9115496
Garage2 spaces
WaterfrontLake Front
ViewCity, Hills, Lake

Summary

  • MLS Number: 9115496
  • MLS Name: ACTRIS
  • Office Name: Lux Haus Realty
  • Office Phone: (512) 770-6300
  • Listing Agent: Joanne Flynn

IDX 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.

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/18/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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balcony featuring a city view

$1,100,000

54 Rainey St Unit 1018

$10,000

closing credit¹

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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.

All data from GreatSchools

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. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

45%
<35k
16%
35k-100k
19%
100k-200k
20%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

80%
Single, No Kids
2%
Single, with Kids
16%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

2%
<11 yrs old
1%
12-17 yrs old
39%
18-34 yrs old
45%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking
  • TennisTennis

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 54 Rainey St Unit 1018

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: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $1,100,000.

In March 2025 more than 115 listings in Austin, TX were sold above the asking price. During the same period more than 139 listings were sold at asking price, while more than 529 were sold below. The number of homes for sale in Austin, TX increased by 28.6% between February and March 2025. While the average time on the market in March 2025 was 67 days, the median list price was $577,151.

From Rocket Homes Real Estate and based on county public records data.

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