54 Rainey ST # 617
Austin, TX, 78701
$425,000
1 Beds
1 Baths
865 SqFt
0 Acres
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This meticulously maintained urban condo at the Milago offers stylish living at the end of Rainey Street, with direct access to Lady Bird Lake, the hike and bike trail, and a lively array of dining and entertainment spots just steps away. This one-bedroom + study, one-bath condo showcases European plank hardwood floors, custom paint (entire condo & ceiling painted 2020), granite countertops, stainless steel appliances, a custom closet organizer, and a functional, open floor plan designed to maximize both space and comfort. Recently replaced in 2020 Rheem electric water heater and hvac. The Milago offers exceptional amenities, including a rooftop pool and hot tub with sweeping downtown views along with grills and seating, and a spacious 3rd-floor terrace outdoor seating— perfect for entertaining. Residents also enjoy 24-hour concierge service, a fitness center, a clubroom, a Wi-Fi lounge, and convenient bike storage. Recent updates include a refreshed lobby, new pool furniture, and BBQ grills. This condo blends luxury, convenience, and unbeatable location for the ultimate urban lifestyle. *Buyer to independently verify all information including but not limited to taxes, restrictions, schools, square footage, Hoa dues, year built, etc.

Property Details

Price:
$425,000
MLS #:
5555368
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
Milago Condo Amd
Listed Date:
Jun 7, 2025
Finished Sq Ft:
865
Year Built:
2005
PoolCommunity Club HouseMilago Condo AmdAustin IsdMathewsO HenryAustinLake Austin

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Schools

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

Interior

Appliances
Dishwasher, Disposal, Electric Range, Microwave, Stainless Steel Appliance(s), Electric Water Heater
Bathrooms
1 Full Bathroom
Cooling
Ceiling Fan(s), Central Air
Flooring
Tile, Wood
Heating
Central

Exterior

Community Features
BBQ Pit/Grill, Bike Storage/Locker, Clubhouse, Concierge, Fitness Center, Google Fiber, High Speed Internet, Lake, Park, Pool
Exterior Features
None
Other Structures
None
Parking Features
Garage, Reserved, Secured
Roof
See Remarks

Financial

HOA Fee
$668
HOA Frequency
Monthly
HOA Includes
Common Area Maintenance, Insurance, Trash
HOA Name
Milago
Taxes
$6,611

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Condo in Austin as of Oct 16, 2025
1,480
Condo Listed
116
Avg DOM
455
Avg $ / SqFt
$614,814
Avg List Price

Property Summary

    Located in the Milago Condo Amd subdivision, 54 Rainey ST # 617 Austin TX is a Condo for sale in Austin, TX, 78701. It is listed for $425,000 and features 1 beds, 1 baths, and has approximately 865 square feet of living space, and was originally constructed in 2005. The current price per square foot is $491. The average price per square foot for Condo listings in Austin is $455. The average listing price for Condo in Austin is $614,814. To schedule a showing of MLS#5555368 at 54 Rainey ST # 617 in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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54 Rainey ST # 617
Austin, TX