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SOLD
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$299,000

Last List Price

54 Rainey ST #817, Austin, TX 78701

1

beds

1

baths

865

sqft

0.01

acres

Condominium
$596.38/mo HOA

About This Condo

Experience the luxury of this stunning one-bedroom condo, offering an incredible view. Step inside to discover the elegance of wood floors, and granite countertops. The kitchen boasts stainless steel appliances, with double oven, and the convenience of a stacked washer and dryer adds to the modern appeal. Enjoy the impressive amenities of the Milago building, including a rooftop terrace with a pool and hot tub, BBQ grills, a fitness room, club room, ground-level lounge and patio, and 24/7 concierge services. Located in the historic Rainey Street District beside Lady Bird Lake, you'll find yourself surrounded by restaurants, the convenience of Royal Blue Grocery, Salvation Pizza and Kitchen Bar, Standard Proof, Cuvee Coffee, Emmer and Rye, Geraldine’s at Hotel Van Zandt, Limestone Rooftop Bar at Cambria Hotel and a Salon/Spa within feet of walking out the building. A vibrant nightlife scene is just up the block. Take advantage of the proximity to outdoor activities - bike, paddle board, kayak, run, or simply take a leisurely walk along the hike and bike trail or in the newly completed Rainey Trailhead. Live music, dining, and cocktails are all within walking distance, providing an unparalleled urban lifestyle. Reserved Parking Space #243 ensures convenience, allowing you to embrace a lock-and-leave lifestyle. Discover the unmatched value of Milago Condominium and make this exceptional condo your new home. Welcome to a lifestyle where sophistication meets convenience.

Listings checked every few minutes. MLS# 5369967 was Last Updated: 08-06-2025.

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

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

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 $299K vs. the $774K median in Rainey Street Historic District. The neighborhood average is $838/sqft. Homes in Rainey Street Historic District average 137 days on market.

MetricRainey Street Historic District
Median List Price$774K
Median Sold Price$565K
Average Days on Market137
Average Price per Sqft$838
Active Listings97

Market data as of May 2026.

Frequently Asked Questions

How much is 54 Rainey ST?

54 Rainey ST is listed for $299,000. It features 1 bedroom, 1 bathroom, 865 square feet, 0.005 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 $299,000 is 61.4% lower than the median condo price of $774K in Rainey Street Historic District. At $346/sqft, it compares to the neighborhood average of $838/sqft.

What are the details of 54 Rainey ST?

54 Rainey ST was built in 2005, and sits on 0.005 acres of land, and is a condominium style condo.