4 days on Rocket
$6,828 Closing Credit¹
#7989728, William Haley, Listing Office: Sprout Realty
$564,000 List price
54 Rainey St Unit 409 Austin, TX 78701
$6,698
Closing credit¹
2 beds
2 full
1,164 sqft
0.01 acres
$485 / sqft
Condo
Property details
About 54 Rainey St Unit 409
Welcome to Milago - the height of luxury living in Downtown Austin! This unique and spacious unit features sophisticated hardwood floors throughout the kitchen and living area making the home warm and welcoming. The kitchen features an upgraded tile backsplash and a built in wine fridge as well as a center island perfect for entertaining. This unit also features a covered patio overlooking bustling Rainey Street. The layout places each room with its own bathroom on opposite sides for peaceful and private living. Each room also features its own spacious walk-in closet, with an upgraded built-in closet system in the Primary. This unit also includes two parking spaces, both located right in front of the elevator for additional convenience. Amenities abound at Milago with a 24/7 concierge, exercise facility, indoor and outdoor lounge spaces, and rooftop pool and hot tub. Best of all you are just steps away from the beloved Lady Bird Lake Trail and all of the dining and entertainment Downtown Austin has to offer. This condo truly is contemporary living at its best! Is your client an investor? This unit is on the waitlist for leasing should the future owner choose. Contact Jaclyn Houghton to schedule a showing today.
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size1,164 sqft
Lot size0.007 Acres
Year built2005
ParkingGarage
MLS #4537410
Garage2 spaces
WaterfrontLake Front
ViewCity
Summary
- MLS Number: 4537410
- MLS Name: ACTRIS
- Office Name: eXp Realty, LLC
- Office Phone: (512) 987-3934
- Listing Agent: Jaclyn Houghton
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.
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: 4/16/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$564,000
54 Rainey St Unit 409
$6,698
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.
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 most common level of education of people living 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 Concerts
Hiking/backpacking
Tennis
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
Audi
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits- Alternative
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 54 Rainey St Unit 409
This home is located at 54 Rainey St Unit 409 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,164 square foot home, which was built in 2005, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $564,000.
In March 2025, from all listings sold in Austin, TX there were more than 115 sold above asking price, over 529 sold below and more than 139 were sold right at the asked price. The inventory of homes for sale in Austin, TX between February and March 2025 increased by 28.6%. Listings spent 67 days on the market in March 2025, and had a median list price of $577,151 during the same period.
From Rocket Homes Real Estate and based on county public records data.