54 Rainey ST # 415, Austin TX 78701

Austin, TX 78701 | Milago Condo

$359,000 $475/sqft
1 Beds
1 Baths 1 Full
756 Sq Ft
0.0044 Acres
2005 Built
1 Garage

About This Property

Experience elevated downtown living at 54 Rainey St. #415, a beautifully renovated 1-bedroom, 1-bathroom condo. This 756-square-foot home has been thoughtfully upgraded to offer both style and comfort. The sleek kitchen features updated appliances, designer cabinetry, and stylish lighting, creating a modern space ideal for cooking and entertaining. The spa-inspired bathroom boasts a walk-in shower, enhanced by elegant tile work and contemporary fixtures, providing the perfect retreat after a day of urban exploration. Step onto your private balcony to enjoy serene views, or head to the rooftop pool to take in stunning panoramas of downtown Austin and Lady Bird Lake. The building’s exceptional amenities include a fully equipped gym, 24-hour concierge service, and impeccably maintained common areas—all complemented by some of the most affordable HOA fees in the downtown area. Situated in the heart of the vibrant Rainey Street district, this condo is steps away from Lady Bird Trail, offering easy access to biking, running, and waterfront activities. Rainey Street’s eclectic mix of restaurants, bars, and coffee shops ensures that dining and nightlife options are always close at hand. The property’s prime location provides seamless access to I-35, East Austin, South Congress, and beyond, making it a perfect choice for those seeking the ultimate urban lifestyle. Whether you're catching fireworks from the rooftop, grabbing a morning coffee, or enjoying a peaceful stroll along the trail, this home is the ideal blend of modern sophistication and Austin charm. All values are approximate and to be verified.

Property Highlights

Pool Rooftop Pool

Features

  • Ceiling Fan(s)
  • Quartz Counters
  • Primary Bedroom on Main

Location

Schools

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

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air, Electric
Heating Central, Electric
Exterior Balcony
County Travis
MLS # 1844029
Garage 1 spaces

HOA & Community

HOA Fee $584 /Monthly
HOA Includes Common Area Maintenance, Maintenance Grounds

Mortgage Calculator

Estimate your monthly payment (PITI)

$
$
%
%
Est. Monthly Payment $0
Principal & Interest $0
Property Taxes $0
Home Insurance $0

* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $584/monthly.

Tax Information

Annual Taxes (MLS) $6,872 (2026)

Listing History

MLS# 1844029 - Updated Jul 11, 2026 1 days
Jun 1, 2026 Listed Listing Courtesy of Keller Williams Realty - matt@​realtyhaus.com $359,000

Frequently Asked Questions About 54 Rainey ST # 415, Austin TX 78701

When was 54 Rainey ST # 415, Austin TX 78701 built?

54 Rainey ST # 415, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 415, Austin TX 78701 cost?

54 Rainey ST # 415, Austin TX 78701 is listed for sale at $359,000. That is $475 per square foot.

How many bedrooms and bathrooms does 54 Rainey ST # 415, Austin TX 78701 have?

54 Rainey ST # 415, Austin TX 78701 has 1 bedrooms and 1 bathrooms (1 full) with 756 square feet of living space.

What school district is 54 Rainey ST # 415, Austin TX 78701 in?

54 Rainey ST # 415, 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 # 415, Austin TX 78701 have an HOA?

Yes, 54 Rainey ST # 415, Austin TX 78701 has an HOA fee of $584 per monthly. The HOA includes common area maintenance, maintenance grounds.

What are the property taxes on 54 Rainey ST # 415, Austin TX 78701?

The annual property taxes on 54 Rainey ST # 415, Austin TX 78701 are $6,872 (as of 2026).

How big is the lot at 54 Rainey ST # 415, Austin TX 78701?

The lot at 54 Rainey ST # 415, Austin TX 78701 is 0.0044 acres, and the home has 756 square feet of living space.

What type of property is 54 Rainey ST # 415, Austin TX 78701?

54 Rainey ST # 415, Austin TX 78701 is a residential property.

Does 54 Rainey ST # 415, Austin TX 78701 have a garage?

Yes, 54 Rainey ST # 415, Austin TX 78701 has a 1-car garage.

Does 54 Rainey ST # 415, Austin TX 78701 have a pool?

Yes, 54 Rainey ST # 415, Austin TX 78701 has a pool. Pool features include rooftop pool.

What subdivision is 54 Rainey ST # 415, Austin TX 78701 in?

54 Rainey ST # 415, Austin TX 78701 is located in the Milago Condo subdivision in Austin, TX.

How long was 54 Rainey ST # 415, Austin TX 78701 on the market?

54 Rainey ST # 415, Austin TX 78701 was on the market for 1 days, listed on June 1, 2026.

What heating and cooling does 54 Rainey ST # 415, Austin TX 78701 have?

54 Rainey ST # 415, Austin TX 78701 has central, electric heating and central air, electric cooling.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.