54 Rainey ST # 404, Austin TX 78701
1 / 35
About This Property
Live where Austin's most iconic outdoor lifestyle meets the energy of downtown. This southwest-facing 2-bedroom, 2-bath residence at Milago offers a rare treetop perspective overlooking Lady Bird Lake and the Hike-and-Bike Trail, creating a peaceful retreat in the heart of the city.
The open-concept floor plan features wood flooring, stainless steel appliances, solar shades, spacious walk-in closets. Enjoy morning coffee or evening sunsets from the private balcony with serene lake and greenbelt views.
Milago residents enjoy resort-style amenities including a rooftop pool and spa, outdoor grilling areas, fitness center, owner lounge, party room, lakeside terrace, and 24-hour concierge service.
Just outside your door, explore the Rainey Street District's acclaimed restaurants, nightlife, and entertainment, or step directly onto the Lady Bird Lake Trail for walking, running, biking, paddleboarding, and more. Urban convenience meets waterfront tranquility in one of Austin's most sought-after downtown locations.
Features
- 2 Primary Baths
- In-Law Floorplan
- Kitchen Island
- Open Floorplan
- Primary Bedroom on Main
Location
Map loading...
Schools
Property Details
HOA & Community
Mortgage Calculator
Estimate your monthly payment (PITI)
* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $985/monthly.
Tax Information
Listing History
| Jun 2, 2026 | Listed | Listing Courtesy of Kuper Sotheby's Int'l Realty - cynthia.mattiza@KuperSir.com | $550,000 |
| May 21, 2019 | Off Market | ||
| Apr 27, 2019 | Listed | $572,000 |
| Nov 20, 2013 | Off Market | ||
| Jul 11, 2013 | Listed | $535,000 |
| Aug 1, 2006 | Off Market | ||
| Aug 1, 2006 | Pending | ||
| Jul 4, 2006 | Listed | $2,400 |
Frequently Asked Questions About 54 Rainey ST # 404, Austin TX 78701
When was 54 Rainey ST # 404, Austin TX 78701 built?
54 Rainey ST # 404, Austin TX 78701 was built in 2006.
How much does 54 Rainey ST # 404, Austin TX 78701 cost?
54 Rainey ST # 404, Austin TX 78701 is listed for sale at $550,000. That is $463 per square foot.
How many bedrooms and bathrooms does 54 Rainey ST # 404, Austin TX 78701 have?
54 Rainey ST # 404, Austin TX 78701 has 2 bedrooms and 2 bathrooms (2 full) with 1,189 square feet of living space.
What school district is 54 Rainey ST # 404, Austin TX 78701 in?
54 Rainey ST # 404, Austin TX 78701 is in the Austin ISD school district. Assigned schools include Mathews (elementary), O Henry (middle), Austin (high school).
Does 54 Rainey ST # 404, Austin TX 78701 have an HOA?
Yes, 54 Rainey ST # 404, Austin TX 78701 has an HOA fee of $985 per monthly. The HOA includes common area maintenance, maintenance structure, parking, security.
What are the property taxes on 54 Rainey ST # 404, Austin TX 78701?
The annual property taxes on 54 Rainey ST # 404, Austin TX 78701 are $10,342 (as of 2026).
How big is the lot at 54 Rainey ST # 404, Austin TX 78701?
The lot at 54 Rainey ST # 404, Austin TX 78701 is 0.0068 acres, and the home has 1,189 square feet of living space.
What type of property is 54 Rainey ST # 404, Austin TX 78701?
54 Rainey ST # 404, Austin TX 78701 is a residential property.
Does 54 Rainey ST # 404, Austin TX 78701 have a garage?
Yes, 54 Rainey ST # 404, Austin TX 78701 has a 2-car garage.
What subdivision is 54 Rainey ST # 404, Austin TX 78701 in?
54 Rainey ST # 404, Austin TX 78701 is located in the Milago Condo subdivision in Austin, TX.
How long was 54 Rainey ST # 404, Austin TX 78701 on the market?
54 Rainey ST # 404, Austin TX 78701 was on the market for 1 days, listed on June 2, 2026.
What heating and cooling does 54 Rainey ST # 404, Austin TX 78701 have?
54 Rainey ST # 404, Austin TX 78701 has central heating and central air cooling.
Similar Properties
Browse More Properties
Contact Agent
Interested in this property?
Get more information or schedule a tour