54 Rainey ST # 1222, Austin TX 78701

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

$6,995/mo
2 Beds
3 Baths 2 Full, 1 Half
2,418 Sq Ft
0.014 Acres
2005 Built
2 Garage

About This Property

Fully furnished Penthouse unit at the Milago available immediately for lease! Unobstructed 180-270 degree gorgeous views in all directions and easy access to Lady Bird Lake hike and bike trail, easy access to paddle boards and kayaks just below the unit. Walking distance to all things Rainey and Downtown. This large (2400+ sq. ft.), 2 bedroom, 2.5 bath + Den/Office really impresses with its remodel upgrades, high quality furniture, and windows in every direction. Fully automated shades. Easy approval and move-in process. Milago is a wonderful mid-rise building. Milago charges small admin fee for setting up key fobs, etc. 2 pets max. $500/per pet deposit + Cleaning Fee at end of lease. Owner seeking 12+ month term. Text listing agent with a little notice to show, and listing agent will coordinate appointment with current tenant in place thru Feb 2026. Await confrimation and key will be at concierge.

Property Highlights

Waterfront Lady Bird Lake · Lake Front, River Front

Features

  • Breakfast Bar
  • Double Vanity
  • Elevator
  • Multiple Living Areas
  • No Interior Steps
  • Primary Bedroom on Main
  • Recessed 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 Carpet, Stone, Tile
Cooling Central Air
Heating Central, Zoned
Exterior Balcony, Restricted Access
County Travis
MLS # 4558569

Parking

Garage 2 spaces

Listing History

MLS# 4558569 - Updated Mar 2, 2026 26 days
Jan 26, 2026 Listed Listing Courtesy of Moreland Properties - sean@​moreland.com $6,995

Frequently Asked Questions About 54 Rainey ST # 1222, Austin TX 78701

When was 54 Rainey ST # 1222, Austin TX 78701 built?

54 Rainey ST # 1222, Austin TX 78701 was built in 2005.

How much does 54 Rainey ST # 1222, Austin TX 78701 cost?

54 Rainey ST # 1222, Austin TX 78701 is listed for sale at $6,995. That is $3 per square foot.

How many bedrooms and bathrooms does 54 Rainey ST # 1222, Austin TX 78701 have?

54 Rainey ST # 1222, Austin TX 78701 has 2 bedrooms and 3 bathrooms (2 full, 1 half) with 2,418 square feet of living space.

What school district is 54 Rainey ST # 1222, Austin TX 78701 in?

54 Rainey ST # 1222, 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 # 1222, Austin TX 78701?

The lot at 54 Rainey ST # 1222, Austin TX 78701 is 0.014 acres, and the home has 2,418 square feet of living space.

What type of property is 54 Rainey ST # 1222, Austin TX 78701?

54 Rainey ST # 1222, Austin TX 78701 is a residential lease property.

Does 54 Rainey ST # 1222, Austin TX 78701 have a garage?

Yes, 54 Rainey ST # 1222, Austin TX 78701 has a 2-car garage.

Is 54 Rainey ST # 1222, Austin TX 78701 waterfront?

Yes, 54 Rainey ST # 1222, Austin TX 78701 is a waterfront property on Lady Bird Lake. Waterfront features include lake front, river front.

What subdivision is 54 Rainey ST # 1222, Austin TX 78701 in?

54 Rainey ST # 1222, Austin TX 78701 is located in the Milago Condo subdivision in Austin, TX.

How long was 54 Rainey ST # 1222, Austin TX 78701 on the market?

54 Rainey ST # 1222, Austin TX 78701 was on the market for 26 days, listed on January 26, 2026.

What heating and cooling does 54 Rainey ST # 1222, Austin TX 78701 have?

54 Rainey ST # 1222, Austin TX 78701 has central, zoned heating and central air cooling.

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