54 Rainey St # PH20 Austin, TX $ 509,000
54 Rainey St # PH20
$ 509,000
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54 Rainey St # PH20

Austin, TX, 78701
$ 509,000
Bedrooms1 Baths1.0 Sq 798

Monthly Estimate*

$ 3,214

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Condo for sale in Austin, TX

for $509,000 with 1 bedroom and 1 full bath. This 798 square foot condo was built in 2005.

A rare opportunity to live on the Penthouse Floor at Milago, where elevated downtown living meets the tranquility of Lady Bird Lake. Set on the building’s private top residential floor, this distinctive one-bedroom residence offers 10-foot ceilings, professionally designed walk-in closet, added security and an exceptional 165-square-foot double covered balcony with beautiful lake views—creating a seamless extension of the living space. The penthouse floor has just undergone a beautiful renovation of its common areas, adding a fresh, sophisticated arrival experience exclusive to this level. Throughout Milago, additional common spaces are also in the midst of an extensive renovation, bringing a new level of style and refinement to the building. Inside, fresh interior paint creates polished feel, while the kitchen features granite countertops, modern cabinetry and stainless steel appliances. Dining area offers generous space for entertaining, working from home or simply enjoying the luxury of extra room. Just above, escape to the rooftop pool and hot tub, where sweeping skyline views provide a spectacular backdrop for morning swims or evenings under the city lights. Residents also enjoy a private lounge, clubroom, conference space, fitness center and 24-hour concierge. Parking and Storage.

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Condo Active

Price

$ 509,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 7,709

Style

Condominium

Year Built

2005

Town/City

Austin

County/Region

Travis

MLS | Web ID

6916651

Features
General
Living Area 798
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Other Sewer Available Water Available
Roof See Remarks
Appliances Built-In Oven(s) Dishwasher Disposal ENERGY STAR Qualified Appliances Free-Standing Range Refrigerator Washer/Dryer Stacked
HOA Fee 661
Garage Spaces 1
Association Fee Includes Common Area Maintenance Insurance Parking Trash
Patio/Porch Features None
Pool Features None
Security Features Key Card Entry Secured Garage/Parking
Construction Materials Masonry – All Sides
Year Built 2005
View Lake Panoramic River
Levels One
Unit Number PH20
Property Subtype Condominium
Tax Year 2026
Waterfront Features Lake Front
Community Features BBQ Pit/Grill Bike Storage/Locker Business Center Concierge Fitness Center Gated Package Service Pool Property Manager On-Site Hot Tub Trail(s)
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 Southwest
Green Sustainability None
Other Structures None
Full Baths 1
Status Active
Directions From Cesar Chavez turn south on Red River. Left on Davis at Hotel Van Zandt. Right on Rainey.
High School Austin
City Austin
Body of Water Lady Bird Lake
Disclosures Seller Disclosure
Association Name Milago
MLS Area DT
Lot Size Square Feet 0
Elementary School Mathews
Tax Annual Amount 7709.97
Middle/Junior High School O Henry
Property Condition Resale
Additional Parcels Y/N N
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 428291
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Interior
Interior Amenities Breakfast Bar Ceiling-High Primary Bedroom on Main Granite Counters
Flooring Carpet Slate Wood
Total Fireplaces 0
Fireplace Features None
Window Features Window Treatments
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 Reserved
Lot Features Greenbelt
Water Source Public
Total Parking 1
Foundation Details Slab
Lot Size Acres 0
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
Jonna Juul-Hansen

Listing Agent

Christies Intl Real Estate Lone Star

Broker

jonna@christiesrealestatels.com

Email

Affordability Calculator

$3,856
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,214
Monthly Property Taxes
$642
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/8/2026$509,000 Listed Price

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54 Rainey St # PH20, Austin, TX, 78701 is a Condo for sale at $509,000 with 798 sqft. 54 Rainey St # PH20 has 1 bedrooms, 1.0 baths, and was built in 2005. The property's zip code is 78701 which is in Austin, TX