$5,213

closing credit¹

54 Rainey St Unit 1020 Austin, TX 78701

$439,000
1 bed
1 full
750 sqft
0.00 acres
$585 / sqft
Condo

Property details

About 54 Rainey St Unit 1020

Experience the ultimate Austin lifestyle in this breathtaking 10th-floor Luxury Waterfront Condo at Milago. Enjoy the convenience of 24-hour concierge service and high-end amenities, all while soaking in breathtaking panoramic views of Lady Bird Lake and the Austin skyline. This prime location places you within a short walking distance to the best dining and entertainment options, with direct access to the scenic Butler Trail. The interior features beautiful hardwood floors throughout, alongside a remodeled kitchen and bathroom. Step out onto your private balcony to take in the views. Recent upgrades include a microwave, dishwasher, and garbage disposal, all replaced in 2023, as well as the addition of a Nest Smart Thermostat and a Nest Wi-Fi Smoke Detector. The condo comes complete with a washer, dryer, and refrigerator. It also benefits from the lowest HOA fees for a high-end downtown unit, as noted in the HOA letter. Amenities abound, including a rooftop pool, hot tub, and fire pit, a business center, enhanced security, and an expansive terrace area on the 3rd floor equipped with grills and outdoor seating. Stay active in the fitness center or unwind in the clubroom and Wi-Fi lounge. For your convenience, there is dedicated bike storage and a reserved parking spot on level 2 of the garage (space 233). Don’t miss this opportunity to make this luxurious condo your new home!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size750 sqft
Lot size0.0043 Acres
Year built2005
ParkingAssigned, Covered, Guest
MLS #6636863
Garage1 space
WaterfrontLake Front
ViewCity, Hills, Lake

Summary

  • MLS Number: 6636863
  • MLS Name: ACTRIS
  • Office Name: Austin Here I Come
  • Office Phone: (512) 947-6400
  • Listing Agent: Linda Dittoe

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: 2/4/2025, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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city view with a water view

$439,000

54 Rainey St Unit 1020

$5,213

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

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

6

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. The majority of Austin, TX residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of 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 1020

This home is located at 54 Rainey St Unit 1020 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 750 square foot home, which was built in 2005, sits on a 0.00 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 1, 2025 and is currently priced at $439,000.

Austin, TX housing market in January 2025 saw over 35 listings sold above listed price, more than 82 sold at listed price and over 358 sold below. In January 2025 in Austin, TX there were 10.6% more homes for sale than in December. In January 2025, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $573,763.

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

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