For Sale
Condo for sale at 54 Rainey St #PH20, Austin, TX 78701 | MLS# 6916651 | Listing updated on 2026-10-18
Photo 1 of Condo for sale at 54 Rainey St #PH20, Austin, TX 78701 | MLS# 6916651 | Listing updated on 2026-10-18
Photo 2 of Condo for sale at 54 Rainey St #PH20, Austin, TX 78701 | MLS# 6916651 | Listing updated on 2026-10-18
Photo 3 of Condo for sale at 54 Rainey St #PH20, Austin, TX 78701 | MLS# 6916651 | Listing updated on 2026-10-18
Photo 4 of Condo for sale at 54 Rainey St #PH20, Austin, TX 78701 | MLS# 6916651 | Listing updated on 2026-10-18
9+
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Street View

$509,000

Monthly Est:$2,533

  • Beds Icon1 Bed
  • Beds Icon
    1 Bath
  • Beds Icon798sqft

54 Rainey St #PH20, Austin, TX 78701

$2,533/moEst:

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  • Condominium

  • Built in 2005

  • $661/mo HOA

  • -- sqft lot

  • $638/sq.ft

Description

A rare opportunity to live on the Penthouse Floor at Milago, where elevated downtown living meets the tranquility of Lady Bird Lake. Set on the building’s private top residential floor, this distinctive one-bedroom residence offers 10-foot ceilings, professionally designed walk-in closet, added security and an exceptional 165-square-foot double covered balcony with beautiful lake views—creating a seamless extension of the living space.

The penthouse floor has just undergone a beautiful renovation of its common areas, adding a fresh, sophisticated arrival experience exclusive to this level. Throughout Milago, additional common spaces are also in the midst of an extensive
renovation, bringing a new level of style and refinement to the building.

Inside, fresh interior paint creates polished feel, while the kitchen features granite countertops, modern cabinetry and stainless steel appliances. Dining area offers generous space for entertaining, working from home or simply enjoying the luxury of extra room.

Just above, escape to the rooftop pool and hot tub, where sweeping skyline views provide a spectacular backdrop for morning swims or evenings under the city lights. Residents also enjoy a private lounge, clubroom, conference space, fitness center and 24-hour concierge. Parking and Storage.

  • Houzeo last checked: 9 minutes ago
  • Listing updated: October 18, 2026 at 8:02 pm
  • Listing Provided by: Jonna Juul-Hansen (512) 663-8881 | Christies Intl Real Estate Lone Star (512) 270-8586
  • Source: Unlock MLS-TX as distributed by MLS GRID | MLS#: 6916651 Unlock MLS-TX as distributed by MLS GRID

This condo is in:

Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    -

  • County

    Travis County

  • City

    Austin

  • Neighborhood

    Downtown

  • Year Built

    2005

  • HOA Fees

    $661/mo

  • Finished Area

    798 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Unlock MLS

  • MLS Number

    6916651

  • MLS Status

    Active

  • Days on Market

    71

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Location

HOA Management

Milago

HOA Fees

$661/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Trash Pickup Trash Pickup

Insurance Insurance

Parking Parking

Common Area Maintenance 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

    Bedroom: 1

    Bathroom: 1

Interior

  • Flooring

    Carpet, Slate, Wood

  • Sewer

    Public Sewer

  • Exterior Features

    Balcony

  • Interior Features

    Breakfast Bar, Ceiling High, Primary Bedroom On Main, Granite Counters

  • Window Features

    Window Treatments

  • Appliances

    Built In Oven(s), Dishwasher, Disposal, Energy Star Qualified Appliances, Free Standing Range, Refrigerator, Washer/dryer Stacked

  • Heating

    Central

  • Cooling

    Central Air

Construction

  • Year Built

    Year Built: 2005

  • Home type

    Condominium

  • Roof

    See Remarks

  • Construction Materials

    Masonry – All Sides

  • Property Condition

    Resale

  • Foundation Details

    Slab

Utilities & Energy

  • Fireplace Features

    None

  • Utilities

    Electricity Available, Other, Sewer Available, Water Available

  • Water Source

    Public

  • Parking Features

    Reserved

  • Pool Features

    None

  • Security Features

    Key Card Entry, Secured Garage/parking

Other Features

  • Subdivision Name

    Milago Condo Amd

  • Lot Features

    Greenbelt

  • Community Features

    Bbq Pit/grill, Bike Storage/locker, Business Center, Concierge, Fitness Center, Gated, Package Service, Pool, Property Manager On Site, Hot Tub, Trail(s)

  • Disclosures

    Seller Disclosure

  • Patio And Porch Features

    None

Price History

DateEventPrice

10/18/2026

Source: mls_logoUnlock MLS-TX as distributed by MLS GRID #ACT6916651

Listed for Sale

$509,000 -9.11%

$638/sqft

10/04/2021

Source: mls_logoUnlock MLS-TX as distributed by MLS GRID #ACT9214838

Price Increased

$560,000 +16.67%

$702/sqft

09/09/2020

Source: mls_logoUnlock MLS-TX as distributed by MLS GRID #ACT8332273

Price Increased

$480,000 +3.23%

$602/sqft

06/21/2018

Source: mls_logoUnlock MLS-TX as distributed by MLS GRID #ACT5749805

Price Increased

$465,000 +28081.82%

$583/sqft

07/06/2010

Source: mls_logoUnlock MLS-TX as distributed by MLS GRID #ACT3881670

Sold

$1,650 -99.45%

$2/sqft

Show more

Downtown Ranks #5 in Austin, TX

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234

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Rental prices
$2,732

Rental Prices

Median Home Price
$740K

Median Home Price

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Based on information submitted to the MLS GRID from Unlock MLS through Nov 02, 2026, 11:30AM. 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. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Unlock MLS. All Rights Reserved.

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