54 Rainey ST # 609, Austin TX 78701

Austin, TX 78701 | Milago Condo

$530,000 $455/sqft
2 Beds
2 Baths 2 Full
1,164 Sq Ft
0.0067 Acres
2005 Built
2 Garage

About This Property

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.

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Kitchen Island
  • Open Floorplan
  • Smart Thermostat
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

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

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 2020610
Garage 2 spaces

HOA & Community

HOA Fee $965 /Monthly
HOA Includes Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Security

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 $965/monthly.

Tax Information

Annual Taxes (MLS) $9,620 (2026)

Listing History

MLS# 2020610 - Updated Jun 19, 2026 2 days
Jun 12, 2026 Listed Listing Courtesy of Womack Real Estate LLC - sherene@​womackrealestate.com $530,000

Frequently Asked Questions About 54 Rainey ST # 609, Austin TX 78701

When was 54 Rainey ST # 609, Austin TX 78701 built?

54 Rainey ST # 609, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 609, Austin TX 78701 cost?

54 Rainey ST # 609, Austin TX 78701 is listed for sale at $530,000. That is $455 per square foot.

How many bedrooms and bathrooms does 54 Rainey ST # 609, Austin TX 78701 have?

54 Rainey ST # 609, 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 # 609, Austin TX 78701 in?

54 Rainey ST # 609, 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 # 609, Austin TX 78701 have an HOA?

Yes, 54 Rainey ST # 609, Austin TX 78701 has an HOA fee of $965 per monthly. The HOA includes common area maintenance, insurance, maintenance grounds, maintenance structure, security.

What are the property taxes on 54 Rainey ST # 609, Austin TX 78701?

The annual property taxes on 54 Rainey ST # 609, Austin TX 78701 are $9,620 (as of 2026).

How big is the lot at 54 Rainey ST # 609, Austin TX 78701?

The lot at 54 Rainey ST # 609, Austin TX 78701 is 0.0067 acres, and the home has 1,164 square feet of living space.

What type of property is 54 Rainey ST # 609, Austin TX 78701?

54 Rainey ST # 609, Austin TX 78701 is a residential property.

Does 54 Rainey ST # 609, Austin TX 78701 have a garage?

Yes, 54 Rainey ST # 609, Austin TX 78701 has a 2-car garage.

What subdivision is 54 Rainey ST # 609, Austin TX 78701 in?

54 Rainey ST # 609, Austin TX 78701 is located in the Milago Condo subdivision in Austin, TX.

How long was 54 Rainey ST # 609, Austin TX 78701 on the market?

54 Rainey ST # 609, Austin TX 78701 was on the market for 2 days, listed on June 12, 2026.

What heating and cooling does 54 Rainey ST # 609, Austin TX 78701 have?

54 Rainey ST # 609, Austin TX 78701 has central heating and central air 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.