54 Rainey St #314, Austin, TX 78701

Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by:mike mcnamara
Office:west and swope ranches
MLS#:5156148
Source:ACTRIS
54 Rainey St #314,Austin, TX 78701
$735,000
  • 2 Beds
  • 2 Baths
  • 1,164 sq. ft.
  • Condominium
  • Active

Price summary

  • Price:$735,000
  • Price per sq. ft.:$631.44
  • Monthly HOA dues:$900

About this home

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,

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Home facts

  • Year built:2005
  • Listing ID #:5156148
  • Updated:September 23, 2025 at 10:12 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,164 sq. ft.

Heating and cooling

  • Cooling:Central, Electric
  • Heating:Central, Electric

Structure and exterior

  • Year built:2005
  • Building area:1,164 sq. ft.

Schools

  • High school:Austin
  • Elementary school:Mathews

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$735,000
  • Price per sq. ft.:$631.44
  • Tax amount:$11,441 (2025)
Based on information from the Austin Board of REALTORS®. 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.

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