54 Rainey ST # 416, Austin TX 78701
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About This Property
Experience refined urban living in this stunning west-facing one-bedroom condo with an additional flex space and captivating views. Step inside to find the timeless charm of rich wood floors, gleaming granite countertops, and a kitchen outfitted with sleek stainless steel appliances. A stacked washer and dryer complete the modern conveniences.
The Milago’s amenities set the standard for downtown luxury, enjoy a rooftop terrace with a pool, hot tub, and BBQ grills, a well-equipped fitness center, elegant club room, ground-floor lounge, inviting patio, and 24/7 concierge service.
Nestled in the heart of the vibrant Rainey Street District and just steps from Lady Bird Lake, you’ll have premier access to local favorites like Royal Blue Grocery, Emmer & Rye, Geraldine’s, Cuvee Coffee, and the Limestone Rooftop Bar. Whether you’re savoring the nightlife or exploring the scenic hike and bike trail, paddleboarding, or kayaking, everything you love about Austin is right at your doorstep.
Reserved parking space #241 and storage unit #91 add convenience to this true lock-and-leave lifestyle. Discover the perfect blend of sophistication, comfort, and location. Welcome home to Milago Condominiums.
Property Highlights
Features
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- High Ceilings
- Granite Counters
- Electric Dryer Hookup
- Open Floorplan
- Primary Bedroom on Main
- Soaking Tub
- Stackable W/D Connections
- Walk-In Closet(s)
Location
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Schools
Property Details
Parking
HOA & Community
Tax Information
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Estimate your monthly payment (PITI)
* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $658/monthly.
Listing History
| Jan 30, 2026 | Price Change | $446,000 | |
| Nov 3, 2025 | Listed | Listing Courtesy of Womack Real Estate LLC - sherene@womackrealestate.com | $448,000 |
| Sep 16, 2024 | Off Market | ||
| Jun 13, 2024 | Listed | $2,395 |
| Jul 1, 2023 | Off Market | ||
| Jun 23, 2023 | Listed | $2,495 |
| Nov 1, 2019 | Off Market | ||
| Sep 11, 2019 | Listed | $2,045 |
| Nov 30, 2016 | Off Market | ||
| Aug 19, 2016 | Listed | $412,500 |
| Aug 6, 2013 | Off Market | ||
| Jul 1, 2013 | Listed | $330,000 |
| Oct 5, 2006 | Off Market | ||
| Jun 26, 2006 | Listed | $319,900 |
| Sep 16, 2006 | Off Market | ||
| Aug 22, 2006 | Listed | $1,700 |
Frequently Asked Questions About 54 Rainey ST # 416, Austin TX 78701
When was 54 Rainey ST # 416, Austin TX 78701 built?
54 Rainey ST # 416, Austin TX 78701 was built in 2005.
How much does 54 Rainey ST # 416, Austin TX 78701 cost?
54 Rainey ST # 416, Austin TX 78701 is listed for sale at $446,000. That is $523 per square foot.
How many bedrooms and bathrooms does 54 Rainey ST # 416, Austin TX 78701 have?
54 Rainey ST # 416, Austin TX 78701 has 1 bedrooms and 1 bathrooms (1 full) with 852 square feet of living space.
What school district is 54 Rainey ST # 416, Austin TX 78701 in?
54 Rainey ST # 416, 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 # 416, Austin TX 78701 have an HOA?
Yes, 54 Rainey ST # 416, Austin TX 78701 has an HOA fee of $658 per monthly. The HOA includes common area maintenance, maintenance grounds, maintenance structure, parking, security, trash.
What are the property taxes on 54 Rainey ST # 416, Austin TX 78701?
The annual property taxes on 54 Rainey ST # 416, Austin TX 78701 are $7,360 (as of 2025).
How big is the lot at 54 Rainey ST # 416, Austin TX 78701?
The lot at 54 Rainey ST # 416, Austin TX 78701 is 0.0049 acres, and the home has 852 square feet of living space.
What type of property is 54 Rainey ST # 416, Austin TX 78701?
54 Rainey ST # 416, Austin TX 78701 is a residential property.
Does 54 Rainey ST # 416, Austin TX 78701 have a garage?
Yes, 54 Rainey ST # 416, Austin TX 78701 has a 1-car garage.
Is 54 Rainey ST # 416, Austin TX 78701 waterfront?
Yes, 54 Rainey ST # 416, Austin TX 78701 is a waterfront property on Lady Bird Lake. Waterfront features include lake front, waterfront.
What subdivision is 54 Rainey ST # 416, Austin TX 78701 in?
54 Rainey ST # 416, Austin TX 78701 is located in the Milago Condo subdivision in Austin, TX.
How long was 54 Rainey ST # 416, Austin TX 78701 on the market?
54 Rainey ST # 416, Austin TX 78701 was on the market for 120 days, listed on November 3, 2025.
What heating and cooling does 54 Rainey ST # 416, Austin TX 78701 have?
54 Rainey ST # 416, Austin TX 78701 has central heating and central air cooling.
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