54 Rainey ST # 922, Austin TX 78701

Austin, TX 78701 | Milago Condo

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This property in MILAGO CONDO has found its new owner. If this was on your radar, here's the good news: there are similar options still available. 7 homes in MILAGO CONDO share a similar profile to this one and are still accepting offers. Prices in MILAGO CONDO have risen 72.1% over the last 6 months. MILAGO CONDO is currently a buyer's market with 7 comparable homes on the market. Thinking about selling? Find out what your home is worth with a free market analysis. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
2 Beds
2 Baths 2 Full
1,212 Sq Ft
0.007 Acres
2005 Built
2 Garage

About This Property

Welcome to Milago Unit 922, a spacious 2-bedroom, 2-bath residence offering breathtaking panoramic views of Downtown Austin and Lady Bird Lake. Ideally positioned at the tranquil end of Rainey Street, this premier condo blends peaceful lakeside living with immediate access to Austin’s most vibrant dining and entertainment district.

This home underwent a comprehensive $150,000 remodel in 2017, completed through a thorough six-month renovation process. Enhancements include new hardwood flooring throughout, reconfigured walls and closets for improved functionality, custom pocket doors, and fully updated bathrooms with new toilets, showers, and modern finishes. The kitchen was completely redesigned with all-new appliances, cabinetry, and countertops, creating a refined, timeless space ideal for everyday living and entertaining.

Designed for modern living, the residence features oversized windows with automatic power shades, abundant natural light throughout and seamless indoor-outdoor connection highlighting city and lake views

BONUS FEATURES include two premium GROUND LEVEL parking spaces, a dedicated storage unit, refrigerator, and stackable washer/dryer—all included for your convenience.

The Milago Condominiums recently completed its first building-wide assessment since original construction, funding major capital improvements including roof replacement and elevator upgrades. The seller has already paid the full assessment for Unit 922, offering peace of mind and value to the next owner. Additionally, the building will soon begin a refresh of common areas and hallways, further enhancing the community’s appeal and long-term value.

Milago residents enjoy resort-style amenities, including:
- Rooftop pool & spa with grilling stations
- 2nd-floor fitness center and club room
- 1st-floor resident lounge and landscaped outdoor patio
- 24-hour concierge service

Features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

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
Exterior Balcony, Gas Grill, Private Entrance
County Travis
MLS # 4202725
Garage 2 spaces

HOA & Community

HOA Fee $937 /Monthly

Tax Information

Annual Taxes (MLS) $11,897 (2025)

Listing History

MLS# 4202725 39 days
Mar 2, 2026 Off Market
Jan 29, 2026 Pending
Jan 19, 2026 Price Change $800,000
Aug 6, 2025 Listed $4,150

Frequently Asked Questions About 54 Rainey ST # 922, Austin TX 78701

When was 54 Rainey ST # 922, Austin TX 78701 built?

54 Rainey ST # 922, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 922, Austin TX 78701 cost?

54 Rainey ST # 922, Austin TX 78701 sold on March 2, 2026. Contact us for sale price details.

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