54 Rainey ST # 416
Austin, TX, 78701
$448,000
1 Beds
1 Baths
852 SqFt
0 Acres
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Experience refined urban living in this stunning west-facing one-bedroom condo with an additional flex space and captivating views. Step inside to find the timeless charm of rich wood floors, gleaming granite countertops, and a kitchen outfitted with sleek stainless steel appliances. A stacked washer and dryer complete the modern conveniences.
The Milago’s amenities set the standard for downtown luxury, enjoy a rooftop terrace with a pool, hot tub, and BBQ grills, a well-equipped fitness center, elegant club room, ground-floor lounge, inviting patio, and 24/7 concierge service.
Nestled in the heart of the vibrant Rainey Street District and just steps from Lady Bird Lake, you’ll have premier access to local favorites like Royal Blue Grocery, Emmer & Rye, Geraldine’s, Cuvee Coffee, and the Limestone Rooftop Bar. Whether you’re savoring the nightlife or exploring the scenic hike and bike trail, paddleboarding, or kayaking, everything you love about Austin is right at your doorstep.
Reserved parking space #241 and storage unit #91 add convenience to this true lock-and-leave lifestyle. Discover the perfect blend of sophistication, comfort, and location. Welcome home to Milago Condominiums.

Property Details

Price:
$448,000
MLS #:
7559774
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
Milago Condo Amd
Listed Date:
Nov 3, 2025
Finished Sq Ft:
852
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, Disposal, Dryer, Electric Range, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Washer/Dryer Stacked
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Tile, Wood
Heating
Central

Exterior

Community Features
BBQ Pit/Grill, Bike Storage/Locker, Clubhouse, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Fitness Center, Garage Parking, Gated, Package Service, Picnic Area, Pool, Spa/Hot Tub
Exterior Features
Balcony
Other Structures
None
Parking Features
Assigned, Covered, Electric Gate, Gated, Private, Reserved, Secured, Storage
Roof
Membrane

Financial

HOA Fee
$658
HOA Frequency
Monthly
HOA Includes
Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Parking, Security, Trash
HOA Name
Milago Condominium HOA
Taxes
$7,360

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Condo in Austin as of Nov 05, 2025
1,415
Condo Listed
120
Avg DOM
452
Avg $ / SqFt
$607,743
Avg List Price

Property Summary

    Located in the Milago Condo Amd subdivision, 54 Rainey ST # 416 Austin TX is a Condo for sale in Austin, TX, 78701. It is listed for $448,000 and features 1 beds, 1 baths, and has approximately 852 square feet of living space, and was originally constructed in 2005. The current price per square foot is $526. The average price per square foot for Condo listings in Austin is $452. The average listing price for Condo in Austin is $607,743. To schedule a showing of MLS#7559774 at 54 Rainey ST # 416 in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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