54 Rainey St # 416 Austin, TX $ 448,000
54 Rainey St # 416
$ 448,000
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54 Rainey St # 416

Austin, TX, 78701
$ 448,000
Bedrooms1 Baths1.0 Sq 852

Monthly Estimate*

$ 2,795

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Condo for sale in Austin, TX

for $448,000 with 1 bedroom and 1 full bath. This 852 square foot condo was built in 2005 on a lot size of 0.0049.

Experience refined urban living in this stunning west-facing one-bedroom condo with an additional flex space and captivating views. Step inside to find the timeless charm of rich wood floors, gleaming granite countertops, and a kitchen outfitted with sleek stainless steel appliances. A stacked washer and dryer complete the modern conveniences. The Milago’s amenities set the standard for downtown luxury, enjoy a rooftop terrace with a pool, hot tub, and BBQ grills, a well-equipped fitness center, elegant club room, ground-floor lounge, inviting patio, and 24/7 concierge service. Nestled in the heart of the vibrant Rainey Street District and just steps from Lady Bird Lake, you’ll have premier access to local favorites like Royal Blue Grocery, Emmer & Rye, Geraldine’s, Cuvee Coffee, and the Limestone Rooftop Bar. Whether you’re savoring the nightlife or exploring the scenic hike and bike trail, paddleboarding, or kayaking, everything you love about Austin is right at your doorstep. Reserved parking space #241 and storage unit #91 add convenience to this true lock-and-leave lifestyle. Discover the perfect blend of sophistication, comfort, and location. Welcome home to Milago Condominiums.

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Condo Active

Price

$ 448,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 7,360

Style

Condominium

Lot Size

0.0049

Year Built

2005

Town/City

Austin

County/Region

Travis

MLS | Web ID

7559774

Features
General
Living Area 852
Sewer Private Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Roof Membrane
Appliances Dishwasher Disposal Dryer Electric Range Exhaust Fan Microwave Range Refrigerator Washer Washer/Dryer Stacked
HOA Fee 657.75
Garage Spaces 1
Association Fee Includes Common Area Maintenance Maintenance Grounds Maintenance Structure Parking Security Trash
Patio/Porch Features Covered
Pool Features None
Security Features Building Security Fire Alarm Fire Sprinkler System Key Card Entry Secured Garage/Parking
Construction Materials Brick Concrete Glass Stucco
Year Built 2005
View Garden Lake Park/Greenbelt Trees/Woods
Levels One
Unit Number 416
Property Subtype Condominium
Tax Year 2025
Waterfront Features Lake Front Waterfront
Community Features BBQ Pit/Grill Bike Storage/Locker Clubhouse Cluster Mailbox Common Grounds Concierge Conference/Meeting Room Controlled Access Courtyard Covered Parking Fitness Center Garage Parking Gated Package Se
Accessibility None
Assoc Fee Paid Per Monthly
County Travis
New Construction N
Property Type Residential
HOA Y
Energy Efficient None
Subdivision Name Milago Condo Amd
Facing Direction West
Green Sustainability None
Other Structures Residence
Full Baths 1
Status Active
Directions From I-35 exit Cesar Chavez go W on Cesar Chavez L(south) on Red River L(east) on Davis R(south) on Rainey. Milago is on right side after roundabout
High School Austin
City Austin
Body of Water Lady Bird Lake
Disclosures Seller Disclosure
Association Name Milago Condominium HOA
MLS Area DT
Lot Size Square Feet 213.44
Elementary School Mathews
Tax Annual Amount 7360.36
Middle/Junior High School O Henry
Property Condition Resale
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 371395
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Interior
Interior Amenities Breakfast Bar Built-in Features Ceiling Fan(s) Ceiling-High Granite Counters Open Floorplan Primary Bedroom on Main Soaking Tub Stackable W/D Connections Walk-In Closet(s)
Flooring Tile Wood
Total Fireplaces 0
Window Features Window Coverings
Half Baths 0
Total Bedrooms 1
Main Level Bedrooms 1
Total Baths 1
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Exterior
Exterior Amenities Balcony
Fencing None
Parking Features Assigned Covered Electric Gate Gated Private Reserved Secured Storage
Lot Features Greenbelt Landscaped Many Trees
Water Source Private
Total Parking 1
Foundation Details Slab
Lot Size Acres 0.0049
Waterfront Y/N Y
Covered Spaces 1
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 54
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* Excluded Features
List By
Sherene Mayner

Listing Agent

Womack Real Estate Llc

Broker

sherene@womackrealestate.com

Email

Affordability Calculator

$3,408
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,795
Monthly Property Taxes
$613
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360597 Elementary School
4360311 Middle School
Austin High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2025$448,000 Listed Price

Map


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54 Rainey St # 416, Austin, TX, 78701 is a Condo for sale at $448,000 with 852 sqft and a lot size of 0.0049. 54 Rainey St # 416 has 1 bedrooms, 1.0 baths, and was built in 2005. The property's zip code is 78701 which is in Austin, TX