54 Rainey St #1018, Austin, TX 78701
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by: matt holm
Office: compass re texas, llc.
MLS#:2440461
Source:ACTRIS
Price summary
- Price:$989,000
- Price per sq. ft.:$505.62
- Monthly HOA dues:$1,511
About this home
Experience elevated downtown living at Milago, where style, space, and sweeping views come together in one exceptional residence. This beautifully appointed 3-bedroom, 2.5-bath condo offers nearly 2,000 square feet (1,956 SF) of light-filled living space in one of Austin’s most desirable waterfront buildings.
From the moment you enter, you’re greeted by expansive windows that flood the home with natural light and frame stunning views the downtown skyline and Lady Bird Lake. Rich wood flooring runs throughout, creating a warm, cohesive feel across the open-concept living and dining areas—perfect for entertaining or simply enjoying the view.
The gorgeous kitchen is both functional and refined, featuring quartz countertops, a custom backsplash, an extra-deep sink, and abundant cabinet space for effortless organization. Whether you’re hosting friends before a night out or preparing a quiet dinner at home, this kitchen is designed to impress.
The spacious primary suite offers a true retreat, complete with a luxurious ensuite bath boasting a double vanity, large soaking tub, and separate walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or a dedicated fitness or media space.
Located just steps from the Town Lake Trail, you’ll have immediate access to miles of scenic waterfront paths, along with some of Austin’s best dining, shopping, and entertainment. Residents of Milago enjoy premium amenities including a beautiful pool and a fully equipped fitness center.
This is downtown Austin living at its finest—spacious, sophisticated, and perfectly positioned to enjoy the best of the city.
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Home facts
- Year built:2005
- Listing ID #:2440461
- Updated:March 08, 2026 at 03:05 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Kitchen Description:Built-In Electric Range, Dishwasher
- Living area:1,956 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Built-Up
- Year built:2005
- Building area:1,956 sq. ft.
- Construction Materials:Brick, Stone, Stucco
- Exterior Features:Balcony
- Foundation Description:Pillar/Post/Pier
Schools
- High school:Austin
- Elementary school:Mathews
Utilities
- Water:Public
Finances and disclosures
- Price:$989,000
- Price per sq. ft.:$505.62
Features and amenities
- Appliances:Built-In Electric Range, Dishwasher
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