54 Rainey St # 609 Austin, TX $ 530,000
54 Rainey St # 609
$ 530,000
Recently Listed
Open House 6/14 11am - 1pm
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54 Rainey St # 609

Austin, TX, 78701
$ 530,000
Bedrooms2 Baths2.0 Sq 1,164

Monthly Estimate*

$ 3,263

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Condo for sale in Austin, TX

for $530,000 with 2 bedrooms and 2 full baths. This 1,164 square foot condo was built in 2005 on a lot size of 0.0067.

Experience elevated downtown living at Milago, one of Austin's premier waterfront high-rises in the heart of the vibrant Rainey Street District. This beautifully updated 2-bedroom, 2-bath residence offers an open-concept floor plan with rich wood flooring, abundant natural light, and contemporary finishes throughout. The renovated kitchen features white shaker cabinetry, granite countertops, stainless steel appliances, a stylish herringbone tile backsplash, and a spacious breakfast bar that seamlessly connects to the living and dining areas, perfect for entertaining. The generous living space opens to large windows that fill the home with natural light while creating a bright and inviting atmosphere. The primary suite offers a private retreat with an en-suite bath and ample closet space, while the secondary bedroom provides flexibility for guests, a home office, or additional living needs. Refrigerator, washer, and dryer convey. Milago residents enjoy exceptional amenities, including 24-hour concierge service, a rooftop pool and spa, fitness center, clubroom, and direct access to the Hike-and-Bike Trail and Lady Bird Lake. Building enhancements are currently underway, including updated hallways, a fully renovated clubroom, and new elevators, further enhancing the property's value and appeal.Enjoy walkable access to Austin's best dining, entertainment, nightlife, and outdoor recreation, all just steps from your front door. This is downtown Austin living at its finest.

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Open House

6/14/2026 11:00 AM - 1:00 PM
54 Rainey St # 609 Austin, TX
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

$ 530,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 7,343

Style

Condominium

Lot Size

0.0067

Year Built

2005

Town/City

Austin

County/Region

Travis

MLS | Web ID

2020610

Features
General
Living Area 1164
Sewer Private Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected High Speed Internet Sewer Connected Water Connected
Roof Membrane
Appliances Dishwasher Disposal Dryer Electric Range Microwave Range Refrigerator Washer
HOA Fee 964.98
Garage Spaces 2
Association Fee Includes Common Area Maintenance Insurance Maintenance Grounds Maintenance Structure Security
Patio/Porch Features None
Pool Features None
Security Features Fire Alarm Fire Sprinkler System Secured Garage/Parking
Construction Materials Brick Concrete Stucco
Year Built 2005
View None
Levels One
Unit Number 609
Property Subtype Condominium
Tax Year 2026
Waterfront Features None
Community Features BBQ Pit/Grill Bike Storage/Locker Business Center Clubhouse Cluster Mailbox Common Grounds Concierge Conference/Meeting Room Covered Parking Fitness Center High Speed Internet Lock and Leave Package
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 East
Green Sustainability None
Other Structures None
Full Baths 2
Status Active
Directions East on Caesar Chavez past Congress Ave right on Red River left on Davis right on Rainy. Last bldg on right at hike and bike trail. Lockbox at front desk
High School Austin
City Austin
Disclosures Seller Disclosure
Association Name Milago HOA
MLS Area DT
Lot Size Square Feet 291.85
Elementary School Mathews
Tax Annual Amount 9619.79
Middle/Junior High School O Henry
Property Condition Resale
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 469035
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Interior
Interior Amenities Breakfast Bar Ceiling Fan(s) Ceiling-High Granite Counters Double Vanity Eat-in Kitchen Kitchen Island Open Floorplan Smart Thermostat Walk-In Closet(s)
Flooring Tile Wood
Total Fireplaces 0
Window Features Window Coverings
Half Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Balcony
Fencing None
Parking Features Assigned Electric Gate Gated Guest Reserved
Lot Features None
Water Source Private
Total Parking 2
Foundation Details Slab
Lot Size Acres 0.0067
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
Sherene Mayner

Listing Agent

Womack Real Estate Llc

Broker

sherene@womackrealestate.com

Email

Affordability Calculator

$3,875
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,263
Monthly Property Taxes
$612
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
6/12/2026$530,000 Listed Price

Map


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54 Rainey St # 609, Austin, TX, 78701 is a Condo for sale at $530,000 with 1,164 sqft and a lot size of 0.0067. 54 Rainey St # 609 has 2 bedrooms, 2.0 baths, and was built in 2005. The property's zip code is 78701 which is in Austin, TX