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54 Rainey St 609Austin, TX 78701

Milago Condo Amd · Travis County

$465,000List price
2Beds
2Baths
1,164Sq Ft
2005Year built
0.01Acre lot
2Garage
3 months agoOn market

Description

Experience elevated downtown living at Milago, one of Austin's premier waterfront high-rises in the heart of the vibrant Rainey Street District. This beautifully updated 2-bedroom, 2-bath residence offers an open-concept floor plan with rich wood flooring, abundant natural light, and contemporary finishes throughout. The renovated kitchen features white shaker cabinetry, granite countertops, stainless steel appliances, a stylish herringbone tile backsplash, and a spacious breakfast bar that seamlessly connects to the living and dining areas, perfect for entertaining. The generous living space opens to large windows that fill the home with natural light while creating a bright and inviting atmosphere. The primary suite offers a private retreat with an en-suite bath and ample closet space, while the secondary bedroom provides flexibility for guests, a home office, or additional living needs. Refrigerator, washer, and dryer convey. Milago residents enjoy exceptional amenities, including 24-hour concierge service, a rooftop pool and spa, fitness center, clubroom, and direct access to the Hike-and-Bike Trail and Lady Bird Lake. Building enhancements are currently underway, including updated hallways, a fully renovated clubroom, and new elevators, further enhancing the property's value and appeal.Enjoy walkable access to Austin's best dining, entertainment, nightlife, and outdoor recreation, all just steps from your front door. This is downtown Austin living at its finest.

Property Information

Property type
Residential
Sub-type
Condominium
Style
High Rise (8-13 Stories)
Year built
2005
Living area
1,164 Sq Ft
Lot size
0.01 acres
Garage spaces
2
Parking spaces
2
Ownership
Common
Days on market
111
MLS® Listing#
2020610

Property Features

Interior
Breakfast Bar · Ceiling Fan(s) · Granite Counters · Double Vanity · Eat-in Kitchen · Kitchen Island · Open Floorplan · Smart Thermostat · Walk-In Closet(s) · High Speed Internet
Exterior
Balcony
Appliances
Dishwasher · Disposal · Dryer · Electric Range · Microwave · Range · Refrigerator · Washer
Cooling
Ceiling Fan(s) · Central Air
Heating
Central
Flooring
Tile · Wood
Pool
None
Parking
Assigned · Electric Gate · Gated · Guest
Laundry
Laundry Closet
Patio
None
Fencing
None
Construction
Brick · Concrete · Stucco
Foundation
Slab
Roof
Membrane
Windows
Window Coverings
Security
Smoke Detector(s) · Fire Alarm · Fire Sprinkler System · Secured Garage/Parking
Other structures
None
Community
Clubhouse · Fitness Center · Pool
Utilities
Electricity Connected · Sewer Connected · Water Connected
Sewer
Private Sewer
Water source
Private

Schools

Elementary
Mathews
Middle
O Henry
High
Austin

Financial Details

HOA
$965 / MonthlyAssociation: Milago HOA
Annual taxes
$9,620Tax year 2026
Assessed value
$469,035
Parcel number
02030312800000

Directions

East on Caesar Chavez, past Congress Ave, right on Red River, left on Davis, right on Rainy. Last bldg on right at hike and bike trail. Lockbox at front desk

Listing Courtesy: Womack Real Estate LLC - (512) 689-9324

Based on information submitted to the MLS GRID as of 2026-06-12T00:00:00.000Z . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-06-12T00:00:00.000Z

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