54 Rainey ST # 811 Austin TX 78701 | MLS #2641435

MLS #2641435 image #0
Live ON the lake and trail. Enjoy the best of downtown Austin living in this pristine condo with 1-Bedroom,
1-Bath + Balcony at Milago Condominiums. Located on vibrant Rainey St. with direct access to Lady Bird Lake & Trail, this residence offers a spacious open floor plan, natural light, a balcony looking down on Rainey St. and a reserved parking space in the gated garage. Amenities include a rooftop pool and spa, 2nd floor fitness center and party/club room, and 1st floor lounge looking out to a private patio, the trail and the lake. Top notch concierge service and secure access 24/7. Walk to dining, entertainment, nightlife and outdoor recreation while enjoying a convenient lock-and-leave lifestyle. Milago is the only downtown condo building that is right on Lady Bird Lake and in the popular Rainey Street Historical District.
Current real estate data for Condo in Austin as of Sep 18, 2026
1,501
Condo Listed
119
Avg DOM
421
Avg $ / SqFt
$555,283
Avg List Price
Listing Provided Courtesy of Brauman Realty, Inc

Property Details

Price:
$349,000
MLS #:
2641435
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
Milago Condo Amd
Listed Date:
Jun 5, 2026
Finished Sq Ft:
756
Year Built:
2005
WaterfrontLakefrontPoolMilago Condo AmdAustin IsdMathewsO HenryAustinLady Bird LakeNeighborhood

Schools

School District:
Austin ISD
Elementary School:
Mathews
Middle School:
O Henry
High School:
Austin

Interior

Appliances
Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Washer/Dryer Stacked
Bathrooms
1 Full Bathroom
Cooling
Electric
Flooring
Tile, Wood
Heating
Electric
Interior Features
See Remarks, Breakfast Bar, Open Floorplan
Levels
One
Main Level Bedrooms
1

Exterior

Accessibility Features
None
Community Features
Bike Storage/Locker, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Fitness Center, Garage Parking, Gated, Lock and Leave, Lounge, Package Service, Pool, Property Manager On-Site, Recycling Area/Center, Sidewalks, Spa/Hot Tub, Street Lights
Covered Spaces
1
Direction Faces
East
Exterior Features
See Remarks, Balcony
Fencing
None
Garage Spaces
1
Lot Features
See Remarks, Many Trees
Other Structures
See Remarks
Parking Features
Garage, Gated
Patio And Porch Features
See Remarks, Covered
Roof
Built-Up
View
Neighborhood
Waterfront Features
Lake Front, River Front
Window Features
Window Coverings

Financial

HOA Fee
$627
HOA Fee Frequency
Monthly
HOA Includes
Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Security
HOA Name
Milago Condominium
Taxes
$6,937

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Property Summary

    Located in the Milago Condo Amd subdivision, 54 Rainey ST # 811 Austin TX is a Condo for sale in Austin, TX, 78701. It is listed for $349,000 and features 1 beds, 1 baths, and has approximately 756 square feet of living space, and was originally constructed in 2005. The current price per square foot is $462. The average price per square foot for Condo listings in Austin is $421. The average listing price for Condo in Austin is $555,283. To schedule a showing of MLS#2641435 at 54 Rainey ST # 811 in Austin, TX, contact your Compass RE Texas, LLC agent at 5126982822.

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