54 Rainey ST # 1018, Austin TX 78701

Austin, TX 78701 | Milago Condo

3 Beds
3 Baths 2 Full, 1 Half
1,956 Sq Ft
0.0113 Acres
2005 Built
2 Garage

About This Property

Experience elevated downtown living at Milago, where style, space, and sweeping views come together in one exceptional residence. This beautifully appointed 3-bedroom, 2.5-bath condo offers nearly 2,000 square feet (1,956 SF) of light-filled living space in one of Austin’s most desirable waterfront buildings.

From the moment you enter, you’re greeted by expansive windows that flood the home with natural light and frame stunning views the downtown skyline and Lady Bird Lake. Rich wood flooring runs throughout, creating a warm, cohesive feel across the open-concept living and dining areas—perfect for entertaining or simply enjoying the view.

The gorgeous kitchen is both functional and refined, featuring quartz countertops, a custom backsplash, an extra-deep sink, and abundant cabinet space for effortless organization. Whether you’re hosting friends before a night out or preparing a quiet dinner at home, this kitchen is designed to impress.

The spacious primary suite offers a true retreat, complete with a luxurious ensuite bath boasting a double vanity, large soaking tub, and separate walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or a dedicated fitness or media space.

Located just steps from the Town Lake Trail, you’ll have immediate access to miles of scenic waterfront paths, along with some of Austin’s best dining, shopping, and entertainment. Residents of Milago enjoy premium amenities including a beautiful pool and a fully equipped fitness center.

This is downtown Austin living at its finest—spacious, sophisticated, and perfectly positioned to enjoy the best of the city.

Property Highlights

Waterfront Lady Bird Lake · Lake Front

Features

  • See Remarks

Location

Schools

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

Property Details

Property Type Residential
Flooring See Remarks
Cooling Other
Heating Central
Exterior Balcony
County Travis
MLS # 2440461
Garage 2 spaces

HOA & Community

HOA Fee $1,511 /Monthly
HOA Includes See Remarks

Tax Information

Appraised Value History (TCAD)
Year Market Value
2026 $831,087
2025 $869,981
2024 $882,680
2023 $1,173,072
2022 $1,036,769
2021 $784,000
2020 $864,000
2019 $906,400
2018 $851,000
2017 $790,000
Taxing Entities Coming soon

Source: Travis Central Appraisal District (TCAD) · Travis County Tax Office

Listing History

MLS# 8186815 18 days
Jun 23, 2026 Off Market
Jun 17, 2026 Pending
May 30, 2026 Listed $4,800

Frequently Asked Questions About 54 Rainey ST # 1018, Austin TX 78701

When was 54 Rainey ST # 1018, Austin TX 78701 built?

54 Rainey ST # 1018, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 1018, Austin TX 78701 cost?

54 Rainey ST # 1018, Austin TX 78701 is currently off market.

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