- Overview
- Description
- Property Details
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- HOA Management
- Facts & Features
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Street View
$825,000
Monthly Est:$4,106
3 Beds
2 Baths2 full baths
1,557sqft
54 Rainey St #502, Austin, TX 78701
$825,000
$4,106/moEst:
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Condominium
Built in 2005
$1,290/mo HOA
392.04 sqft lot
$530/sq.ft
Description
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.
- Houzeo last checked: 4 hours ago
- Listing updated: October 5, 2026 at 9:38 pm
- Listing Provided by: Michael Frost (512) 669-3897 | Compass RE Texas, LLC (512) 575-3644
- Source: Unlock MLS-TX | MLS#: 4776980
Part of
Property Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
Neighborhood
Year Built
2005
HOA Fees
$1290/mo
Finished Area
1,557 sqft
Lot Size
392.04 sqft lot
Basement Area
- sqft
MLS Name
Unlock MLS
MLS Number
4776980
MLS Status
Active
Days on Market
57
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Location
HOA Management
Milago Condominium Assocation
HOA Fees
$1,290.29/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Trash Pickup
Common Area Maintenance
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Window Features
Window Treatments
Flooring
Tile, Wood
Sewer
Public Sewer
Appliances
Dishwasher, Electric Range, Microwave, Stainless Steel Appliance(s)
Heating
Central
Interior Features
Breakfast Bar, Ceiling Fan(s), Granite Counters, Open Floorplan, Primary Bedroom On Main, Recessed Lighting, Soaking Tub, Walk In Closet(s)
Exterior Features
Balcony
Cooling
Central Air
Construction
Year Built
Year Built: 2005
Home type
Condominium
Property Condition
Resale
Construction Materials
Masonry – Partial, Stucco
Foundation Details
Slab
Roof
Membrane
Utilities & Energy
Pool Features
None
Water Source
Public
Parking Features
Assigned, Garage, Secured
Security Features
Building Security
Utilities
Electricity Available, Sewer Available, Water Available
Other Features
Subdivision Name
Milago Condo Amd
Disclosures
Seller Disclosure
Lot Features
None
Community Features
Bike Storage/locker, Concierge, Conference/meeting Room, Fitness Center, Lounge, Pool, Storage, Trail(s)
Patio And Porch Features
See Remarks
Price History
| Date | Event | Price |
|---|---|---|
10/05/2026 Source: | Listed for Sale | $825,000 -10.33% $530/sqft |
07/19/2023 Source: | Sold | $920,000 +20.73% $591/sqft |
01/23/2021 Source: | Listing Removed | $762,000 +11.24% $489/sqft |
04/12/2019 Source: | Sold | $685,000 -4.86% $440/sqft |
12/01/2017 Source: | Price Increased | $720,000 +19.01% $462/sqft |
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Based on information submitted to the MLS GRID from Unlock MLS through Oct 09, 2026, 02:31PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Unlock MLS and its affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Unlock MLS. All Rights Reserved.
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