54 Rainey ST # 518, Austin TX 78701

Austin, TX 78701 | Milago Condo

$3,295/mo ▼ $700 (17.5%)
2 Beds
2 Baths 2 Full
1,164 Sq Ft
0.007 Acres
2006 Built
2 Garage

About This Property

Located within Austin’s Rainey Street District, walking distance to Austin’s Butler Hike trail, easy access to upscale dinning and entertainment, this beauty offers views of the most desirable city in America! Escape the busy city life in this Oasis located on the 5th floor at Milago. This spacious condo is a 2BED/2 BATH open floor plan for anyone looking to live in the heartbeat of Austin. Condo includes: 24 hour concierge service, 24 hour access to all amenities, stainless steel appliances, 2 reserved garage parking spots, and a private balcony.

Property Highlights

Waterfront Lady Bird Lake · Lake Front

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Granite Counters
  • Open Floorplan
  • Recessed Lighting
  • Track Lighting
  • Walk-In Closet(s)

Location

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Schools

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

Property Details

Property Type Residential Lease
Flooring Tile, Wood
Cooling Central Air
Heating Central, Electric
Exterior Balcony, See Remarks
County Travis
MLS # 6804395

Parking

Garage 2 spaces

Listing History

MLS# 6804395 - Updated Mar 4, 2026 40 days
Feb 23, 2026 Price Change $3,295
Jan 14, 2026 Listed Listing Courtesy of Metro 512 Realty - migarcia.metrore@​gmail.com $3,995

Frequently Asked Questions About 54 Rainey ST # 518, Austin TX 78701

When was 54 Rainey ST # 518, Austin TX 78701 built?

54 Rainey ST # 518, Austin TX 78701 was built in 2006.

How much does 54 Rainey ST # 518, Austin TX 78701 cost?

54 Rainey ST # 518, Austin TX 78701 is listed for sale at $3,295. That is $3 per square foot.

How many bedrooms and bathrooms does 54 Rainey ST # 518, Austin TX 78701 have?

54 Rainey ST # 518, Austin TX 78701 has 2 bedrooms and 2 bathrooms (2 full) with 1,164 square feet of living space.

What school district is 54 Rainey ST # 518, Austin TX 78701 in?

54 Rainey ST # 518, Austin TX 78701 is in the Austin ISD school district. Assigned schools include Mathews (elementary), O Henry (middle), Austin (high school).

How big is the lot at 54 Rainey ST # 518, Austin TX 78701?

The lot at 54 Rainey ST # 518, Austin TX 78701 is 0.007 acres, and the home has 1,164 square feet of living space.

What type of property is 54 Rainey ST # 518, Austin TX 78701?

54 Rainey ST # 518, Austin TX 78701 is a residential lease property.

Does 54 Rainey ST # 518, Austin TX 78701 have a garage?

Yes, 54 Rainey ST # 518, Austin TX 78701 has a 2-car garage.

Is 54 Rainey ST # 518, Austin TX 78701 waterfront?

Yes, 54 Rainey ST # 518, Austin TX 78701 is a waterfront property on Lady Bird Lake. Waterfront features include lake front.

What subdivision is 54 Rainey ST # 518, Austin TX 78701 in?

54 Rainey ST # 518, Austin TX 78701 is located in the Milago Condo subdivision in Austin, TX.

How long was 54 Rainey ST # 518, Austin TX 78701 on the market?

54 Rainey ST # 518, Austin TX 78701 was on the market for 40 days, listed on January 14, 2026.

What heating and cooling does 54 Rainey ST # 518, Austin TX 78701 have?

54 Rainey ST # 518, Austin TX 78701 has central, electric heating and central air cooling.

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