Property photo 1
SOLD
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Property photo 6
Property photo 7
Property photo 8
Property photo 9
Property photo 10
Property photo 11
Property photo 12
Property photo 13
Property photo 14
Property photo 15
Property photo 16
Property photo 17
Property photo 18
Property photo 19
Property photo 20
Property photo 21
Property photo 22
Property photo 23
Property photo 24
Property photo 25
Property photo 26
Property photo 27
Property photo 28
Property photo 29
Property photo 30
Property photo 31
Property photo 32
Property photo 33
Property photo 34
Property photo 35
Property photo 36
Property photo 37
Property photo 38
Property photo 39

$339,900

Last List Price

54 Rainey ST #815, Austin, TX 78701

1

beds

1

baths

756

sqft

0.00

acres

Condominium
$584.45/mo HOA

About This Condo

Here it is—one of the best-priced condos in downtown Austin, right on lively Rainey Street! At a huge 756 sq ft, this isn't your typical 1-bedroom—it's spacious, open, and perfect for relaxing or entertaining. Inside, you'll find a kitchen with brand-new appliances, opening into a massive living area. Easily fit a dining table and a lounge setup which will be perfect to enjoy your favorite show or the views of Rainey ST. The bedroom is spacious and conveniently flows into a large walk-in closet and full bathroom. Step onto your private balcony to take in fantastic views of Rainey Street and the bustling cityscape around you. Milago offers standout amenities, including a rooftop pool and hot tub overlooking downtown—a rare find in downtown Austin! You'll also enjoy a grill area, conference rooms, a fully equipped gym, and direct trail access. Ideal for all buyers ranging from young professionals, students, or as a second home, this condo is completely move-in ready and waiting for you!

Listings checked every few minutes. MLS# 3753956 was Last Updated: 09-18-2025.

Listed by Diego Ojeda, Urbanspace (512) 966-0199

Buyer Represented by Stewart Dewar, All City Real Estate Ltd. Co (512) 743-9427

Neighborhood

Assigned Schools

Comments

Sign in and save this listing to a collection to start a conversation about it.

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 $340K 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 $339,900. It features 1 bedroom, 1 bathroom, 756 square feet, 0.0044 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 $339,900 is 56.1% lower than the median condo price of $774K in Rainey Street Historic District. At $450/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 0.0044 acres of land, and is a condominium style condo.