54 Rainey ST # 608, Austin TX 78701

Austin, TX 78701 | Milago Condo

$519,000 $581/sqft
1 Beds
1 Baths 1 Full
893 Sq Ft
0.005 Acres
2005 Built
1 Garage

About This Property

Don't miss this rare opportunity to have the most beautiful and peaceful view of the downtown Austin skyline. This one bedroom condo also has a study with built-ins that can double as a guest room or a child's bedroom. Watch the fireworks from your balcony and see the infamous bats fly out from the congress bridge at dusk. The Trail and Lady Bird Lake are right out the back door. There is no other condo building so conveniently located for your outdoor activities - walking, running, biking, paddle boarding, kayaking and more. On Rainey St you will find a grocery store, med-spa, salon, fabulous restaurants and popular bars.

Property Highlights

Pool In Ground, Pool/Spa Combo, See Remarks
Waterfront Lady Bird Lake · Lake Front
View Lake, Panoramic, Park/Greenbelt, River

Features

  • Breakfast Bar
  • Elevator
  • Entrance Foyer
  • High Ceilings
  • Primary Bedroom on Main
  • No Interior Steps
  • Bookcases
  • Multiple Living Areas
  • Study/Home Office

Location

Schools

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

Property Details

Property Type Residential
Construction Masonry – All Sides
Roof Flat Tile
Foundation Pillar/Post/Pier
Levels One
Flooring No Carpet, Tile, Wood
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Electric
Exterior Boat Ramp, No Exterior Steps
County Travis
MLS # 3929245
Garage 1 spaces
Parking 1 spaces: Garage, Reserved
Windows Drapes, Screens, Solar Screens
Security Security Lights, Security System Owned, Smoke Detector(s)

Lot, Outdoor & Utilities

Lot Features Back to Park/Greenbelt, Trees-Large (Over 40 Ft), Many Trees
Patio & Porch Covered, Patio
Water Public
Sewer Public Sewer
Utilities Electricity Available

HOA & Community

HOA Fee $741 /Monthly
HOA Name Milago HOA
HOA Includes Common Area Maintenance, Insurance, Landscaping, Maintenance Structure, See Remarks
Community Features Cluster Mailbox, Common Grounds, Lake, Park, Pool, Sidewalks

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Est. Monthly Payment $0
Principal & Interest $0
Property Taxes $0 (not available)
Home Insurance $0

* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $741/monthly.

Tax Information

Assessed Value $545,000
Exemptions Homestead

Sale Terms & Disclosures

Financing Accepted Cash, Conventional, Lender Approval
Sale Type Standard
Possession Close Of Escrow
Disclosures Seller Disclosure

Listing History

MLS# 3929245 - Updated Nov 2, 2026 1 days
Oct 24, 2026 Listed Listing Courtesy of Brauman Realty, Inc - joannemarieflynn@​gmail.com $519,000

Frequently Asked Questions About 54 Rainey ST # 608, Austin TX 78701

When was 54 Rainey ST # 608, Austin TX 78701 built?

54 Rainey ST # 608, Austin TX 78701 was built in 2005. It is masonry – all sides construction with 893 square feet on a 0.005 acre lot.

How much does 54 Rainey ST # 608, Austin TX 78701 cost?

54 Rainey ST # 608, Austin TX 78701 is listed for sale at $519,000. That is $581 per square foot.

How many bedrooms and bathrooms does 54 Rainey ST # 608, Austin TX 78701 have?

54 Rainey ST # 608, Austin TX 78701 has 1 bedrooms and 1 bathrooms (1 full) with 893 square feet of living space.

What school district is 54 Rainey ST # 608, Austin TX 78701 in?

54 Rainey ST # 608, Austin TX 78701 is in the Austin ISD school district. Assigned schools include Mathews (elementary), O Henry (middle), Austin (high school).

Does 54 Rainey ST # 608, Austin TX 78701 have an HOA?

Yes, 54 Rainey ST # 608, Austin TX 78701 has an HOA fee of $741 per monthly. The HOA includes common area maintenance, insurance, landscaping, maintenance structure, see remarks.

How big is the lot at 54 Rainey ST # 608, Austin TX 78701?

The lot at 54 Rainey ST # 608, Austin TX 78701 is 0.005 acres, and the home has 893 square feet of living space.

What type of property is 54 Rainey ST # 608, Austin TX 78701?

54 Rainey ST # 608, Austin TX 78701 is a residential property on a pillar/post/pier foundation.

Does 54 Rainey ST # 608, Austin TX 78701 have a garage?

Yes, 54 Rainey ST # 608, Austin TX 78701 has a 1-car garage. Parking features include garage, reserved.

Does 54 Rainey ST # 608, Austin TX 78701 have a pool?

Yes, 54 Rainey ST # 608, Austin TX 78701 has a pool. Pool features include in ground, pool/spa combo, see remarks.

Is 54 Rainey ST # 608, Austin TX 78701 waterfront?

Yes, 54 Rainey ST # 608, Austin TX 78701 is a waterfront property on Lady Bird Lake. Waterfront features include lake front.

What subdivision is 54 Rainey ST # 608, Austin TX 78701 in?

54 Rainey ST # 608, Austin TX 78701 is located in the Milago Condo subdivision in Austin, TX. Community features include cluster mailbox, common grounds, lake, park, pool, sidewalks.

How long was 54 Rainey ST # 608, Austin TX 78701 on the market?

54 Rainey ST # 608, Austin TX 78701 was on the market for 1 days, listed on October 24, 2026.

What heating and cooling does 54 Rainey ST # 608, Austin TX 78701 have?

54 Rainey ST # 608, Austin TX 78701 has central, electric heating and ceiling fan(s), central air, electric cooling.

What are the roof and foundation at 54 Rainey ST # 608, Austin TX 78701?

The listing reports a flat tile roof and a pillar/post/pier foundation at 54 Rainey ST # 608, Austin TX 78701.

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