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$448,000 - 54 Rainey Street 416, Austin

1
Bedrooms
1
Baths
852
SQ. Feet
2005
Year Built

Experience refined urban living in this stunning west-facing one-bedroom condo with an additional flex space and captivating views. Step inside to find the timeless charm of rich wood floors, gleaming granite countertops, and a kitchen outfitted with sleek stainless steel appliances. A stacked washer and dryer complete the modern conveniences. The Milago’s amenities set the standard for downtown luxury, enjoy a rooftop terrace with a pool, hot tub, and BBQ grills, a well-equipped fitness center, elegant club room, ground-floor lounge, inviting patio, and 24/7 concierge service. Nestled in the heart of the vibrant Rainey Street District and just steps from Lady Bird Lake, you’ll have premier access to local favorites like Royal Blue Grocery, Emmer & Rye, Geraldine’s, Cuvee Coffee, and the Limestone Rooftop Bar. Whether you’re savoring the nightlife or exploring the scenic hike and bike trail, paddleboarding, or kayaking, everything you love about Austin is right at your doorstep. Reserved parking space #241 and storage unit #91 add convenience to this true lock-and-leave lifestyle. Discover the perfect blend of sophistication, comfort, and location. Welcome home to Milago Condominiums.

Essential Information

  • MLS® #:
    7559774
  • Price:
    $448,000
  • Bedrooms:
    1
  • Bathrooms:
    1.00
  • Full Baths:
    1
  • Square Footage:
    852
  • Acres:
    0.00
  • Year Built:
    2005
  • Type:
    Residential
  • Sub-Type:
    Condominium
  • Status:
    Active

Community Information

  • Address:
    54 Rainey Street 416
  • Subdivision:
    Milago Condo Amd
  • City:
    Austin
  • County:
    Travis
  • State:
    TX
  • Zip Code:
    78701

Amenities

  • Amenities:
    Concierge
  • Utilities:
    Electricity Connected, Sewer Connected, Water Connected
  • Features:
    Barbecue, Bicycle Storage, Concierge, Common Grounds/Area, Clubhouse, Community Mailbox, Courtyard, Conference/Meeting Room, Fitness Center, Gated, Package Service, Park, Pool, Trails/Paths
  • Parking:
    Assigned, Private, Covered, Guest, Electric Gate, Gated, Secured, Storage
  • # of Garages:
    1
  • View:
    Park/Greenbelt, Lake, Trees/Woods, Garden
  • Is Waterfront:
    Yes
  • Waterfront:
    Lake Front, Waterfront

Interior

  • Interior:
    Tile, Wood
  • Appliances:
    Dryer, Washer/Dryer Stacked, Dishwasher, Exhaust Fan, Electric Range, Disposal, Microwave, Range, Refrigerator, Washer
  • Heating:
    Central
  • # of Stories:
    1
  • Stories:
    One

Exterior

  • Exterior Features:
    Balcony
  • Lot Description:
    Backs to Greenbelt/Park, Landscaped, Many Trees
  • Roof:
    Membrane
  • Construction:
    Brick, Glass, Concrete, Stucco
  • Foundation:
    Slab

School Information

  • District:
    Austin ISD
  • Elementary:
    Mathews
  • Middle:
    O Henry
  • High:
    Austin

Property Listed by: Womack Real Estate Llc

The information being provided is 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from November 6th, 2025 at 7:02pm CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.