54 Rainey ST # 405
Austin, TX, 78701
$349,900
1 Beds
1 Baths
781 SqFt
0.01 Acres
Add
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LOCATION LOCATION LOCATION…One of the best values in LUXURY high rise living in Downtown Austin. You’ll love this spacious 1-bedroom condo with an open and light floor plan featuring expansive energy efficient windows, high ceilings, and a private balcony overlooking vibrant Rainey Street. Stackable washer/dryer and a large walk-in closet are a plus. Living at Milago there are many standout amenities such as a rooftop pool and hot tub with extraordinary views, bbq and lounge, fitness room, clubroom, wi-fi lounge and 24 hour concierge for that unbeatable first class experience. Enjoy direct access to the Shores of Lady Bird Lake and the Hike-and-Bike Trail. Built in 2005 this high rise stands 13 stories tall and houses 240 residential units. HOA covers common area maintenance, insurance, trash services and 24 hr concierge. Don’t miss an opportunity to live downtown enjoy countless eateries, shops and entertainment venues at an incredible value!!!

Property Details

Price:
$349,900
MLS #:
4581585
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
Milago Condo Amd
Listed Date:
Oct 10, 2025
Finished Sq Ft:
781
Lot Size:
218 sqft / 0.01 acres (approx)
Year Built:
2005
PoolMilago Condo AmdAustin IsdMathewsO HenryAustin

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Schools

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

Interior

Appliances
Dishwasher, Disposal, Exhaust Fan, Microwave, Electric Oven, Free-Standing Refrigerator, Self Cleaning Oven, Washer/Dryer Stacked
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Wood
Heating
Central

Exterior

Community Features
BBQ Pit/Grill, Concierge, Fitness Center, Garage Parking, Pool
Exterior Features
Balcony
Other Structures
None
Parking Features
Garage, Guest, Heated Garage
Roof
Membrane

Financial

HOA Fee
$603
HOA Frequency
Monthly
HOA Includes
Common Area Maintenance, Maintenance Grounds, Security
HOA Name
Milago Condominium Assoc
Taxes
$7,266

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Condo in Austin as of Oct 17, 2025
1,486
Condo Listed
117
Avg DOM
456
Avg $ / SqFt
$614,748
Avg List Price

Property Summary

    Located in the Milago Condo Amd subdivision, 54 Rainey ST # 405 Austin TX is a Condo for sale in Austin, TX, 78701. It is listed for $349,900 and features 1 beds, 1 baths, and has approximately 781 square feet of living space, and was originally constructed in 2005. The current price per square foot is $448. The average price per square foot for Condo listings in Austin is $456. The average listing price for Condo in Austin is $614,748. To schedule a showing of MLS#4581585 at 54 Rainey ST # 405 in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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