$5,463

closing credit¹

54 Rainey St Unit 1215 Austin, TX 78701

$460,000
1 bed
1 full
756 sqft
0.00 acres
$608 / sqft
Condo

Property details

About 54 Rainey St Unit 1215

Come live on the lake! This unique Milago Condo on Lady Bird Lake captures the morning sun and has wonderful natural light throughout the day from every room. The furniture is available and negotiable. Granite Counters, Stainless Appliances, Full Size Stack Whirlpool W/D, Wood Floors throughout, Motorized Solar Shades, Custom Closet Organizer and NEW 2024 HVAC. Milago is located in the popular Rainey St Historical District in Austin on Lady Bird Lake with restaurants, a med spa, a hair salon and a boutique grocery store conveniently located right across the street. There is plenty of vibrant nightlife/live music up the block. Milago has 24 Hour Front Desk Staff and On-Site Professional Management. Bike, Paddle Board, Kayak, Run, Walk, have dinner and a cocktail and listen to live music - your choice! It doesn’t get any better. Milago Condominium is an amazing value in the downtown Austin area. Reserved Pkg Space #B24

Highlights

Home typeCondominium
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size756 sqft
Lot size0.0044 Acres
Year built2005
ParkingAssigned, Garage, Gated, Guest
MLS #5232714
Garage1 space
WaterfrontLake Front
ViewCity

Summary

  • MLS Number: 5232714
  • 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: 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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interior space with light hardwood / wood-style flooring

$460,000

54 Rainey St Unit 1215

$5,463

closing credit¹

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0.5% sale price²

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. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

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 1215

This home is located at 54 Rainey St Unit 1215 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 756 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 July 3, 2024 and is currently priced at $460,000.

In January 2025, from all listings sold in Austin, TX there were more than 35 sold above asking price, over 358 sold below and more than 82 were sold right at the asked price. The inventory of homes for sale in Austin, TX between December and January 2025 increased by 10.6%. Listings spent 85 days on the market in January 2025, and had a median list price of $573,763 during the same period.

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

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