54 Rainey St # 404 Austin, TX $ 550,000
54 Rainey St # 404
$ 550,000
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54 Rainey St # 404

Austin, TX, 78701
$ 550,000
Bedrooms2 Baths2.0 Sq 1,189

Monthly Estimate*

$ 3,386

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Condo for sale in Austin, TX

for $550,000 with 2 bedrooms and 2 full baths. This 1,189 square foot condo was built in 2006 on a lot size of 0.0068.

Live where Austin's most iconic outdoor lifestyle meets the energy of downtown. This southwest-facing 2-bedroom, 2-bath residence at Milago offers a rare treetop perspective overlooking Lady Bird Lake and the Hike-and-Bike Trail, creating a peaceful retreat in the heart of the city. The open-concept floor plan features wood flooring, stainless steel appliances, solar shades, spacious walk-in closets. Enjoy morning coffee or evening sunsets from the private balcony with serene lake and greenbelt views. Milago residents enjoy resort-style amenities including a rooftop pool and spa, outdoor grilling areas, fitness center, owner lounge, party room, lakeside terrace, and 24-hour concierge service. Just outside your door, explore the Rainey Street District's acclaimed restaurants, nightlife, and entertainment, or step directly onto the Lady Bird Lake Trail for walking, running, biking, paddleboarding, and more. Urban convenience meets waterfront tranquility in one of Austin's most sought-after downtown locations.

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Condo Active

Price

$ 550,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 10,342

Style

Condominium

Lot Size

0.0068

Year Built

2006

Town/City

Austin

County/Region

Travis

MLS | Web ID

9558786

Features
General
Living Area 1189
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Water Connected
Roof See Remarks
Appliances Dishwasher Disposal Range Refrigerator
HOA Fee 984.64
Garage Spaces 2
Association Fee Includes Common Area Maintenance Maintenance Structure Parking Security
Patio/Porch Features Terrace
Pool Features None
Security Features 24 Hour Security Building Security
Construction Materials See Remarks
Year Built 2006
View City Lights Hill Country Lake Skyline
Levels One
Unit Number 404
Property Subtype Condominium
Tax Year 2026
Waterfront Features See Remarks
Community Features BBQ Pit/Grill Clubhouse Common Grounds Concierge Creative Office Space Fitness Center Garage Parking Park Pet Amenities Pool Smart Car Charging
Accessibility None
Assoc Fee Paid Per Monthly
County Travis
New Construction N
Property Type Residential
HOA Y
Energy Efficient Other/See Remarks
Subdivision Name Milago Condo Amd
Facing Direction West
Green Sustainability None
Other Structures None
Full Baths 2
Status Active
Directions IH35 to Rainey Street building at end of street. Park at guest spaces.
High School Austin
City Austin
Disclosures Seller Disclosure
Association Name Milago
MLS Area DT
Lot Size Square Feet 296.21
Elementary School Mathews
Tax Annual Amount 10341.58
Middle/Junior High School O Henry
Property Condition Resale
Virtual Tour https://live.kuperrealty.com/54raineystreet404/?mls https://live.kuperrealty.com/54raineystreet404
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 614061
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Interior
Interior Amenities Two Primary Baths In-Law Floorplan Kitchen Island Open Floorplan Primary Bedroom on Main
Flooring Tile Wood
Total Fireplaces 0
Window Features Double Pane Windows
Half Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities None
Fencing None
Parking Features Assigned
Lot Features None
Water Source Public
Total Parking 2
Foundation Details See Remarks
Lot Size Acres 0.0068
Waterfront Y/N N
Covered Spaces 2
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
Cynthia Mattiza

Listing Agent

Kuper Sotheby's Int'l Realty

Broker

cynthia.mattiza@KuperSir.com

Email

Affordability Calculator

$4,248
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$862
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/2/2026$550,000 Listed Price

Map


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54 Rainey St # 404, Austin, TX, 78701 is a Condo for sale at $550,000 with 1,189 sqft and a lot size of 0.0068. 54 Rainey St # 404 has 2 bedrooms, 2.0 baths, and was built in 2006. The property's zip code is 78701 which is in Austin, TX