54 Rainey St #502, Austin, TX 78701
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: michael frost
Office: compass re texas, llc.
MLS#:4776980
Source:ACTRIS
54 Rainey St #502,Austin, TX 78701
$825,000
- 3 Beds
- 2 Baths
- 1,557 sq. ft.
- Condominium
- Active
Price summary
- Price:$825,000
- Price per sq. ft.:$529.87
- Monthly HOA dues:$1,290
About this home
Perched on the fifth floor of The Milago, this exceptional 3-bed, 2-bath home offers breathtaking west-facing views of the Downtown Austin skyline and Lady Bird Lake. Inside, an open-concept floor plan is filled with natural light streaming through expansive windows that perfectly frame the panoramic views. Rich wood flooring extends throughout the living areas and all three bedrooms, while modern finishes and clean architectural lines create a contemporary feel. The kitchen is thoughtfully designed with granite countertops, stainless steel appliances, ample cabinetry, and a breakfast bar for casual dining, while a dedicated dining area provides the perfect setting for larger gatherings and dinner parties. Just beyond the living room, a private balcony invites you to enjoy morning coffee or evening cocktails overlooking the Austin skyline and Lady Bird Lake. The spacious primary suite serves as a peaceful retreat, featuring a spa-inspired ensuite bath with a soaking tub, walk-in shower, and a custom walk-in closet. Two additional bedrooms offer flexibility for guests, a home office, or additional living space. Residents of Milago enjoy an exceptional collection of amenities, including 24-hour concierge service, secure garage parking, a rooftop pool deck with panoramic views, a fitness center, club room, private event terrace, and dedicated on-site storage. With direct access to the Lady Bird Lake Trail and countless restaurants, coffee shops, and entertainment options just beyond your door on Rainey Street, this residence offers the very best of Austin city living....
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Home facts
- Year built:2005
- Subdivision & Development:Milago Condo Amd
- Listing ID #:4776980
- Updated:October 09, 2026 at 04:28 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile, Wood
- Kitchen Description:Dishwasher, Electric Range, Microwave, Stainless Steel Appliance(s)
- Living area:1,557 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Membrane
- Year built:2005
- Building area:1,557 sq. ft.
- Lot area:0.01 Acres
- Construction Materials:Masonry Partial, Stucco
- Exterior Features:Balcony
- Foundation Description:Slab
Schools
- High school:Austin
- Elementary school:Mathews
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$825,000
- Price per sq. ft.:$529.87
- Tax amount:$15,009 (2026)
Features and amenities
- Appliances:Dishwasher, Electric Range, Microwave, Stainless Steel Appliance(s)
Parking
- Total parking spaces:2
- Parking description:Assigned, Garage, Secured
- Garage:Yes
- Garage spaces:2
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