54 Rainey ST # 713, Austin TX 78701

Austin, TX 78701 | Milago Condo

2 Beds
2 Baths 2 Full
1,164 Sq Ft
0.007 Acres
2005 Built
2 Garage

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

Pool In Ground, Pool/Spa Combo

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

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

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Electric
Exterior Balcony, No Exterior Steps
County Travis
MLS # 1870432

Parking

Garage 2 spaces

HOA & Community

HOA Fee $950 /Monthly
HOA Includes Maintenance Grounds, Trash, Water, See Remarks

Listing History

MLS# 1870432 - Updated Feb 24, 2026 226 days
Dec 15, 2025 Off Market
Oct 21, 2025 Price Change $499,400
Mar 19, 2025 Listed $595,000

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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