54 Rainey ST # 920
Austin, TX, 78701
$475,000
1 Beds
1 Baths
750 SqFt
0 Acres
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MLS #7555409 image #0
Enjoy a front-row seat to Lady Bird Lake from this ninth-floor residence at Milago, where panoramic water views and abundant natural light create an inviting retreat in the heart of downtown Austin. Expansive windows frame the lake from nearly every room, while a private balcony extends the living space outdoors, offering a beautiful setting to take in the views and enjoy the waterfront surroundings.

Streamlined for comfort and convenience, Unit 920 features an open, efficient floor plan that makes the most of its space and exceptional setting. Whether enjoyed as a full-time residence, weekend getaway or lock-and-leave retreat, the home offers an appealing balance of urban living and everyday comfort.

Milago’s amenities further enhance the experience, with a rooftop pool offering sweeping views of the lake and downtown skyline, a fitness center, concierge services and inviting common areas.

Just outside the building, the Lady Bird Lake hike-and-bike trail invites morning walks, afternoon bike rides and easy access to Austin’s waterfront parks and green spaces. In the other direction, the vibrant Rainey Street District offers an eclectic collection of restaurants, coffee shops and entertainment, all within easy walking distance.

With its exceptional waterfront location, captivating lake views and proximity to downtown Austin’s dining, entertainment and cultural destinations, Milago Unit 920 offers a distinctive opportunity to enjoy the best of Austin’s urban and outdoor lifestyles.
Listing Provided Courtesy of Compass RE Texas, LLC

Property Details

Price:
$475,000
MLS #:
7555409
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
Milago Condo Amd
Listed Date:
Oct 15, 2026
Finished Sq Ft:
750
Year Built:
2005
WaterfrontPoolCommunity 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, Microwave, Free-Standing Range, Refrigerator, Washer/Dryer Stacked
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Vinyl
Heating
Central
Interior Features
Breakfast Bar, No Interior Steps, Primary Bedroom on Main, Track Lighting, Walk-In Closet(s), Granite Counters
Levels
One
Main Level Bedrooms
1

Exterior

Accessibility Features
None
Community Features
Bike Storage/Locker, Clubhouse, Concierge, Fitness Center, Garage Parking, Park, Pet Amenities
Covered Spaces
1
Direction Faces
NW
Exterior Features
Balcony, Boat Ramp
Fencing
None
Garage Spaces
1
Lot Features
Back to Park/Greenbelt, Views
Other Structures
None
Parking Features
Reserved
Patio And Porch Features
Covered, Patio
Roof
See Remarks
Spa Features
None
View
City, Lake, Panoramic, Park/Greenbelt, River
Waterfront Features
River Front
Window Features
None

Financial

HOA Fee
$622
HOA Fee Frequency
Monthly
HOA Includes
Common Area Maintenance, Insurance, Landscaping, Maintenance Structure
HOA Name
Milago Condominiums
Taxes
$7,259

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Condo in Austin as of Nov 03, 2026
1,360
Condo Listed
124
Avg DOM
424
Avg $ / SqFt
$584,309
Avg List Price

Property Summary

    Located in the Milago Condo Amd subdivision, 54 Rainey ST # 920 Austin TX is a Condo for sale in Austin, TX, 78701. It is listed for $475,000 and features 1 beds, 1 baths, and has approximately 750 square feet of living space, and was originally constructed in 2005. The current price per square foot is $633. The average price per square foot for Condo listings in Austin is $424. The average listing price for Condo in Austin is $584,309. To schedule a showing of MLS#7555409 at 54 Rainey ST # 920 in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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54 Rainey ST # 920
Austin, TX