54 Rainey ST # 713, Austin TX 78701
About This Property
Special Financing Options Available! Welcome to Milago, the pinnacle of happiness living in the heart of Downtown Austin! Situated directly on the banks of Lady Bird Lake, Milago offers rare and direct access to the Hike & Bike Trail—just steps outside the building’s doors. As one of the only buildings in Austin located right on the trail, it provides the perfect blend of city convenience and lakeside tranquility, placing you moments away from the best dining, entertainment, and outdoor activities Austin has to offer.
Step into the spacious, open-concept floor plan featuring rich hardwood floors throughout the kitchen and living areas, creating a warm and inviting atmosphere. The kitchen is a chef’s dream, boasting upgraded tile backsplash, stainless steel appliances, a built-in wine fridge, and a center island perfect for entertaining. The living area flows seamlessly to a covered patio, where you can unwind while taking in the vibrant energy of Rainey Street.
The thoughtfully designed layout ensures privacy and comfort, with each bedroom located on opposite sides of the unit, each with its own bathroom and spacious walk-in closet. The primary suite features an upgraded built-in closet system, adding both style and functionality. Natural light floods the unit through large, operable windows, offering sweeping views of Downtown Austin, Lady Bird Lake, and the scenic Hill Country.
Milago offers a full suite of premium amenities, including a 24/7 concierge, a rooftop pool and hot tub with panoramic views, an outdoor lounge with grilling stations, a state-of-the-art fitness center, and a stylish club room. Two reserved garage parking spaces, conveniently located near the elevator, and a storage unit are also included for added convenience.
Experience the perfect blend of nature and city living at Milago – where you can enjoy the tranquility of lakeside greenery while being steps away from Austin’s vibrant nightlife and dining scene.
Property Highlights
Features
- Breakfast Bar
- Ceiling Fan(s)
- High Ceilings
- Granite Counters
- Elevator
- No Interior Steps
- Primary Bedroom on Main
- Recessed Lighting
- Walk-In Closet(s)
- See Remarks
Location
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Schools
Property Details
Parking
HOA & Community
Listing History
| Dec 15, 2025 | Off Market | ||
| Oct 21, 2025 | Price Change | $499,400 | |
| Mar 19, 2025 | Listed | $595,000 |
| Oct 20, 2023 | Off Market | ||
| May 9, 2023 | Listed | $749,999 |
| Oct 20, 2023 | Off Market | ||
| May 9, 2023 | Listed | $4,000 |
| Apr 3, 2023 | Off Market | ||
| Mar 21, 2023 | Listed | $749,999 |
| Apr 3, 2023 | Off Market | ||
| Mar 21, 2023 | Listed | $4,000 |
| Mar 15, 2021 | Off Market | ||
| Nov 5, 2020 | Listed | $479,900 |
Frequently Asked Questions About 54 Rainey ST # 713, Austin TX 78701
When was 54 Rainey ST # 713, Austin TX 78701 built?
54 Rainey ST # 713, Austin TX 78701 was built in 2005.
How much does 54 Rainey ST # 713, Austin TX 78701 cost?
54 Rainey ST # 713, Austin TX 78701 sold on December 15, 2025. Contact us for sale price details.
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