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You are here: Home / 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148)
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54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148)

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Photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148)
Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148) Tiny photo for 54 Rainey ST #314, Austin, TX 78701 (MLS # 5156148)
PRICE $735,000 dsIDX morgage calculator
BEDS 2
BATHS 2
HOME SIZE 1,164 sqft
LOT SIZE 292 sqft
Request More Info Schedule a Showing

Experience the very best of downtown Austin living in this rare 3rd-floor residence at Milago Condominiums. Nestled in the highly sought-after Rainey Street District, this thoughtfully designed two-bedroom, two-bath home combines modern comfort with unbeatable access to Austin's vibrant urban core. Step inside to discover an open-concept floor plan featuring a spacious living and dining area, a sleek kitchen with quartz counters, stainless steel appliances, and a large island that doubles as a breakfast bar. Natural light fills the space, while private bedrooms are thoughtfully separated for privacy and convenience. The highlight of this home is the oversized private patio that seamlessly extends your living space outdoors. Unique to this residence, the patio connects directly to Milago's 3rd-floor terrace "” complete with lounge seating and a community grill "” giving you the feeling of an expansive backyard in the heart of the city. With easy access to both the elevator and stairs, you can step outside, entertain, or simply relax without leaving your floor. Additional features include: Two reserved garage spaces "” a true luxury downtown Primary suite with walk-in closet and spa-inspired bath Stacked washer/dryer and wine refrigerator included Pet-friendly community Milago residents enjoy an unmatched lifestyle with amenities such as 24-hour security, a rooftop pool and spa with panoramic city and lake views, a fully equipped fitness center, a business lounge, and on-site concierge services. Direct access to the Lady Bird Lake Hike & Bike Trail puts nature at your doorstep, while Rainey Street's dining, music, and nightlife are just steps away.

LAST UPDATED 9/22/2025 TRACT Milago Condo Amd
YEAR BUILT 2005 COMMUNITY Milago Condo Amd
GARAGE SPACES 2.0 COUNTY Travis
STATUS Active PROPERTY TYPE(S) Condo/Townhouse/Co-Op

SCHOOLS
Elementary School Mathews
Jr. High School O Henry
High School Austin


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer/Dryer Stacked, Wine Refrigerator
AREA DT
CONSTRUCTION Brick, Stone, Stucco
EXTERIOR Balcony
GARAGE Yes
HEAT Central, Electric
HOA DUES 900|Monthly
INTERIOR Breakfast Bar, Ceiling Fan(s), Double Vanity, Kitchen Island, Master Downstairs, Open Floorplan, Storage, Walk-In Closet(s)
LOT 292 sq ft
LOT DESCRIPTION See Remarks, Waterfront
PARKING Assigned, Garage, Gated
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE 3rd Floor Entry, Elevator, High Rise (8-13 Stories)
SUBDIVISION Milago Condo Amd
TAXES 11441.35
UTILITIES See Remarks
VIEW Yes
VIEW DESCRIPTION See Remarks
WATER Public
WATER ACCESS Lady Bird Lake
WATERFRONT Yes
WATERFRONT DESCRIPTION Lake Front
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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*Estimate only

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CONTACT US ABOUT 54 RAINEY ST #314
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We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Jude Galligan, REALTOR® to contact you even if your name is on a Federal or State "Do not call List".

Property listed by Mike McNamara, West and Swope Ranches
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 9/24/25 4:41 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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.

This IDX solution is (c) Diverse Solutions 2025.

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