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$735,000

Last List Price

54 Rainey ST #814, Austin, TX 78701

2

beds

2

baths

1,164

sqft

0.01

acres

Condominium
$900.09/mo HOA

About This Condo

Live the Best of Downtown Austin at Milago Condominiums. Experience upscale urban living in this beautifully appointed two-bedroom condo in the heart of the vibrant Rainey Street Historic District. With scenic views of downtown Austin and Lady Bird Lake, this residence offers a front-row seat to everything the city has to offer. Step inside to elegant wood flooring, granite countertops, and a spacious balcony perfect for soaking in the skyline and lake views. The modern kitchen features stainless steel appliances, and the stacked washer and dryer add everyday ease. Automatic shades throughout the unit provide both comfort and style. The Milago offers resort-style amenities including: A rooftop pool and hot tub with breathtaking views, BBQ grills, perfect for entertaining. club room, fitness center, and ground-level patio lounge and 24/7 concierge service for convenience and peace of mind. Located steps from the Ann and Roy Butler Hike and Bike Trail, kayaking, paddle-boarding, and running are all right outside your door. You'll also enjoy walkable access to award-winning restaurants like Emmer & Rye, Tomalo Grill, and Cuvee Coffee, plus Royal Blue Grocery and a spa just across the street. Whether you're catching live music, grabbing cocktails, or enjoying a quiet evening on the trail, this location puts it all at your doorstep. With two reserved parking spaces (A-43 & A-54), you can lock-and-leave with ease. This is more than just a home—it’s a lifestyle in one of the most sought-after Austin condo communities. Discover the unmatched value and convenience of Milago Condominiums.

Listings checked every few minutes. MLS# 3693779 was Last Updated: 07-16-2025.

Listed by Sherene Mayner, Womack Real Estate LLC (512) 689-9324

Buyer Represented by Shelley D'addurno, Luisa Mauro Real Estate (512) 422-7207

Neighborhood

Assigned Schools

Comments

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Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the Rainey Street Historic District neighborhood like?

The Rainey Street Historic District is located in the southeast corner of downtown Austin, Travis County, between Cesar Chavez Boulevard (formerly Water Street) to the north and Lady Bird Lake (the Colorado River) to the south, near Interstate 35. The district was added to the National Register of Historic Places on September 17, 1985 (Reference No. 85002302), with a period of significance spanning 1875 to 1949 and recognized areas of significance in architecture, including Bungalow/Craftsman and Gothic styles.

Explore Rainey Street Historic District

What employers are near 54 Rainey ST?

  • Whole Foods Market (Grocery retail (corporate headquarters))
  • Indeed (Technology)
  • State of Texas (Government)

How does this property compare to others in Rainey Street Historic District?

54 Rainey ST is listed at $735K vs. the $774K median in Rainey Street Historic District. The neighborhood average is $836/sqft. Homes in Rainey Street Historic District average 129 days on market.

MetricRainey Street Historic District
Median List Price$774K
Median Sold Price$560K
Average Days on Market129
Average Price per Sqft$836
Active Listings97

Market data as of May 2026.

Frequently Asked Questions

How much is 54 Rainey ST?

54 Rainey ST is listed for $735,000. It features 2 bedrooms, 2 bathrooms, 1,164 square feet, 0.0067 acres. Built in 2005.

What neighborhood is 54 Rainey ST in?

54 Rainey ST is located in the Rainey Street Historic District neighborhood of Austin, Texas.

How does 54 Rainey ST compare to other condos in Rainey Street Historic District?

The asking price of $735,000 is 5.0% lower than the median condo price of $774K in Rainey Street Historic District. At $631/sqft, it compares to the neighborhood average of $836/sqft.

What are the details of 54 Rainey ST?

54 Rainey ST was built in 2005, and sits on 0.0067 acres of land, and is a condominium style condo.