54 Rainey ST # 1122, Austin TX 78701

Austin, TX 78701 | Milago Condo | Built by Fairfield Residential

Similar Homes Available

This 2bd/3.0ba in MILAGO CONDO recently went under contract and closed. The good news? Similar homes are available nearby. I've found 5 active listings in MILAGO CONDO with similar features: 2 bedrooms, 3.0 baths, and comparable square footage. Prices in 78701 have fallen 12.8% over the last 6 months. MILAGO CONDO is currently a buyer's market with 5 comparable homes on the market. Don't want to miss the next one? I can keep you in the loop on new listings in MILAGO CONDO. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
2 Beds
3 Baths 2 Full, 1 Half
2,418 Sq Ft
0.014 Acres
2005 Built
2 Garage

About This Property

*** Property Special!! All Application Fee's Refunded for an Approved Application! ***

Experience unparalleled luxury in this stunning 2-bedroom, 2.5-bath condo, boasting panoramic views from three sides of the building that will simply take your breath away. Situated on the 11th floor, enjoy unbeatable views of the downtown skyline and Lady Bird Lake, placing you right in the heart of Austin’s vibrant offerings.

The chef’s kitchen is a culinary dream, featuring beautifully appointed appliances, a designer layout, a dedicated wine fridge, and ample storage space. The large, open entertaining area seamlessly extends to the balcony, providing a perfect spot to soak in the amazing views. Additionally, this condo includes a dedicated theater/media room—a rare find in downtown living!

The spacious primary bedroom is a retreat in itself, offering a luxury walk-in closet complete with a custom-built wardrobe storage system. No expense has been spared in ensuring top-tier comfort and style.

Beyond the condo’s exceptional features, the building itself offers world-class amenities such as a rooftop pool, a fully equipped gym, and many other exclusive features that set it apart.

Property Highlights

Waterfront Lady Bird Lake · Lake Front

Features

  • 2 Primary Suites
  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Granite Counters
  • Double Vanity
  • Entrance Foyer
  • Multiple Living Areas
  • Storage
  • 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 Ceiling Fan(s), Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 4954259
Garage 2 spaces

Listing History

MLS# 4954259 70 days
Jan 20, 2026 Off Market
Dec 2, 2025 Price Change $5,275
Nov 11, 2025 Listed $5,375

Frequently Asked Questions About 54 Rainey ST # 1122, Austin TX 78701

When was 54 Rainey ST # 1122, Austin TX 78701 built?

54 Rainey ST # 1122, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 1122, Austin TX 78701 cost?

54 Rainey ST # 1122, Austin TX 78701 sold on January 20, 2026. Contact us for sale price details.

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