54 Rainey ST # 1208
Austin, TX, 78701
$1,149,999
2 Beds
2.5 Baths
1,650 SqFt
0.01 Acres
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Sub-penthouse with unobstructed views of both Lady Bird Lake and Downtown. The unit features direct access to the terrace from both bedrooms, living room, and dining room. The generous floor plan features dual primary bedrooms with en-suite baths and oversized walk-in closets, two parking spaces located close to the main elevator bank, and a storage unit. Milago residents enjoy direct access to the Butler hike and bike trail, bike storage room, club room, ground floor library with outdoor trailside terrace, 3rd floor outdoor dining and lounge terrace with grill overlooking the lake and park, rooftop pool, rooftop outdoor dining terrace with dual grills. Recent upgrades include wide plank wood floors, new lighting, new bathroom cabinetry, new drapes, and fresh paint.

Property Details

Price:
$1,149,999
MLS #:
6879776
Status:
Active
Beds:
2
Baths:
2.5
Type:
Condo
Subtype:
Condominium
Subdivision:
Milago Condo Amd
Listed Date:
May 25, 2022
Finished Sq Ft:
1,650
Lot Size:
436 sqft / 0.01 acres (approx)
Year Built:
2005
WaterfrontPoolCommunity Club HouseMilago Condo AmdAustin IsdMathewsO HenryAustinLady Bird Lake

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Schools

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

Interior

Appliances
Dishwasher, Free-Standing Electric Range, Water Heater-Electric
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
No Carpet, Tile, Wood
Heating
Central

Exterior

Community Features
Clubhouse, Common Grounds, Concierge, Conference/Meeting Room, Fitness Center, High Speed Internet, Hot Tub Community, Pool, Property Manager On-Site, Sundeck, Walk/Bike/Hike/Jog Trail(s
Construction Materials
Brick, Stucco
Exterior Features
Balcony
Other Structures
Storage
Parking Features
Community Structure, Gated, Underground
Roof
Mixed

Financial

HOA Fee
$907
HOA Frequency
Monthly
HOA Includes
Common Area Maintenance, Insurance, Maintenance Grounds
HOA Name
Milago HOA
Taxes
$19,529

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Condo in Austin as of Dec 20, 2025
2,137
Condo Listed
573
Avg DOM
451
Avg $ / SqFt
$599,761
Avg List Price

Property Summary

    Located in the Milago Condo Amd subdivision, 54 Rainey ST # 1208 Austin TX is a Condo for sale in Austin, TX, 78701. It is listed for $1,149,999 and features 2 beds, 3 baths, and has approximately 1,650 square feet of living space, and was originally constructed in 2005. The current price per square foot is $697. The average price per square foot for Condo listings in Austin is $451. The average listing price for Condo in Austin is $599,761. To schedule a showing of MLS#6879776 at 54 Rainey ST # 1208 in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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54 Rainey ST # 1208
Austin, TX