Backup offers
$8,906 Closing Credit¹
#3105053, Darsh Parikh, Listing Office: Compass RE Texas, LLC
$735,000 List price
54 Rainey St Unit 814 Austin, TX 78701
$8,728
Closing credit¹
2 beds
2 full
1,164 sqft
0.01 acres
$631 / sqft
Condo
Property details
About 54 Rainey St Unit 814
Live the Best of Downtown Austin at Milago Condominiums. Experience upscale urban living in this beautifully appointed two-bedroom condo in the heart of the vibrant Rainey Street Historic District. With scenic views of downtown Austin and Lady Bird Lake, this residence offers a front-row seat to everything the city has to offer. Step inside to elegant wood flooring, granite countertops, and a spacious balcony perfect for soaking in the skyline and lake views. The modern kitchen features stainless steel appliances, and the stacked washer and dryer add everyday ease. Automatic shades throughout the unit provide both comfort and style. The Milago offers resort-style amenities including: A rooftop pool and hot tub with breathtaking views, BBQ grills, perfect for entertaining. club room, fitness center, and ground-level patio lounge and 24/7 concierge service for convenience and peace of mind. Located steps from the Ann and Roy Butler Hike and Bike Trail, kayaking, paddle-boarding, and running are all right outside your door. You'll also enjoy walkable access to award-winning restaurants like Emmer & Rye, Tomalo Grill, and Cuvee Coffee, plus Royal Blue Grocery and a spa just across the street. Whether you're catching live music, grabbing cocktails, or enjoying a quiet evening on the trail, this location puts it all at your doorstep. With two reserved parking spaces (A-43 & A-54), you can lock-and-leave with ease. This is more than just a home—it’s a lifestyle in one of the most sought-after Austin condo communities. Discover the unmatched value and convenience of Milago Condominiums.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,164 sqft
Lot size0.0067 Acres
Year built2005
ParkingAssigned, Electric Gate, Enclosed, Garage, Garage Door Opener, Gated, Private, Secured, Covered, Guest
MLS #3693779
Garage2 spaces
WaterfrontLake Front
ViewBridge(s), City Lights, City, Park, Lake
Summary
- Full Bathrooms: 2
- Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Disposal, Microwave
- Flooring Type: Carpet, Tile, Wood
- Interior: Breakfast Bar, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Main Level Primary, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Smart Thermostat, Walk-In Closet(s), High Speed Internet, Programmable Thermostat
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Assigned, Electric Gate, Enclosed, Garage, Garage Door Opener, Gated, Private, Secured, Covered, Guest
- Waterfront: Lake Front
- View: Bridge(s), City Lights, City, Park, Lake
- Exterior: Balcony
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $735,000
- Price/SqFt: $631
- HOA Amount: $900 Monthly
- Lot: City Lot, Near Park, Landscaped, Many Trees
- Directions: From I-35 (heading north or south),Take exit 234C toward 6th–12th Streets,Turn west onto E 6th Street., Take a left on Red River Street, Turn left on Davis Street, Turn right onto Rainey Street, 54 Rainey Street will be on your right.
- Year Built: 2005
- Stories: 1
- Living Area: 1,164 SqFt
- Lot Size: 0.0067 Acres
- MLS Number: 3693779
- MLS Name: ACTRIS
- Office Name: Womack Real Estate LLC
- Office Phone: (512) 626-0621
- Listing Agent: Sherene Mayner
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: 5/24/2025, 12:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$735,000
54 Rainey St Unit 814
$8,728
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. Residents of Austin, TX typically earn less than $<35k each year. The most common type of family is single, no kids. Residents of this area typically 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 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 814
The listing price of 54 Rainey St Unit 814 property is $735,000.
The property 54 Rainey St Unit 814 is a condo located in Austin, Texas, 78701.
Active Listing: 54 Rainey St Unit 814 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 54 Rainey St Unit 814 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 814 has 2 bedrooms and 2 bathrooms.
The property 54 Rainey St Unit 814 is 1,164 SqFt (source: MLS/tax record).
The year of construction for 54 Rainey St Unit 814 is 2005.
This home is located at 54 Rainey St Unit 814 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 May 23, 2025 and is currently priced at $735,000.
Over 136 listings were sold over their listed price in April 2025 in Austin, TX. In the same period over 524 listings were sold below the listed price and 135 listings were sold for the listed price. The number of listings in Austin, TX increased by 23.5% between March and April 2025. While the average time on the market in April 2025 was 48 days, the median list price was $577,195.
From Rocket Homes Real Estate and based on county public records data.