54 Rainey St #713, Austin, TX 78701
Local realty services provided by:Better Homes and Gardens Real Estate Hometown



Listed by:adelina rotar
Office:keller williams realty
MLS#:1870432
Source:ACTRIS
54 Rainey St #713,Austin, TX 78701
$540,000
- 2 Beds
- 2 Baths
- 1,164 sq. ft.
- Condominium
- Active
Price summary
- Price:$540,000
- Price per sq. ft.:$463.92
- Monthly HOA dues:$676
About this home
Special Financing Options Available! Welcome to Milago, the pinnacle of happiness living in the heart of Downtown Austin! Situated directly on the banks of Lady Bird Lake, Milago offers rare and direct access to the Hike & Bike Trail—just steps outside the building’s doors. As one of the only buildings in Austin located right on the trail, it provides the perfect blend of city convenience and lakeside tranquility, placing you moments away from the best dining, entertainment, and outdoor activities Austin has to offer.
Step into the spacious, open-concept floor plan featuring rich hardwood floors throughout the kitchen and living areas, creating a warm and inviting atmosphere. The kitchen is a chef’s dream, boasting upgraded tile backsplash, stainless steel appliances, a built-in wine fridge, and a center island perfect for entertaining. The living area flows seamlessly to a covered patio, where you can unwind while taking in the vibrant energy of Rainey Street.
The thoughtfully designed layout ensures privacy and comfort, with each bedroom located on opposite sides of the unit, each with its own bathroom and spacious walk-in closet. The primary suite features an upgraded built-in closet system, adding both style and functionality. Natural light floods the unit through large, operable windows, offering sweeping views of Downtown Austin, Lady Bird Lake, and the scenic Hill Country.
Milago offers a full suite of premium amenities, including a 24/7 concierge, a rooftop pool and hot tub with panoramic views, an outdoor lounge with grilling stations, a state-of-the-art fitness center, and a stylish club room. Two reserved garage parking spaces, conveniently located near the elevator, and a storage unit are also included for added convenience.
Experience the perfect blend of nature and city living at Milago – where you can enjoy the tranquility of lakeside greenery while being steps away from Austin’s vibrant nightlife and dining scene.
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Home facts
- Year built:2005
- Listing Id #:1870432
- Updated:August 13, 2025 at 03:06 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,164 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:2005
- Building area:1,164 sq. ft.
Schools
- High school:Austin
- Elementary school:Mathews
Finances and disclosures
- Price:$540,000
- Price per sq. ft.:$463.92
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