54 Rainey St # 920 Austin, TX $ 475,000
54 Rainey St # 920
$ 475,000
Recently Listed
Open House 10/18 12pm - 3pm
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54 Rainey St # 920

Austin, TX, 78701
$ 475,000
Bedrooms1 Baths1.0 Sq 750

Monthly Estimate*

$ 3,281

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Condo for sale in Austin, TX

for $475,000 with 1 bedroom and 1 full bath. This 750 square foot condo was built in 2005 on a lot size of 0.004.

Enjoy a front-row seat to Lady Bird Lake from this ninth-floor residence at Milago, where panoramic water views and abundant natural light create an inviting retreat in the heart of downtown Austin. Expansive windows frame the lake from nearly every room, while a private balcony extends the living space outdoors, offering a beautiful setting to take in the views and enjoy the waterfront surroundings. Streamlined for comfort and convenience, Unit 920 features an open, efficient floor plan that makes the most of its space and exceptional setting. Whether enjoyed as a full-time residence, weekend getaway or lock-and-leave retreat, the home offers an appealing balance of urban living and everyday comfort. Milago's amenities further enhance the experience, with a rooftop pool offering sweeping views of the lake and downtown skyline, a fitness center, concierge services and inviting common areas. Just outside the building, the Lady Bird Lake hike-and-bike trail invites morning walks, afternoon bike rides and easy access to Austin's waterfront parks and green spaces. In the other direction, the vibrant Rainey Street District offers an eclectic collection of restaurants, coffee shops and entertainment, all within easy walking distance. With its exceptional waterfront location, captivating lake views and proximity to downtown Austin's dining, entertainment and cultural destinations, Milago Unit 920 offers a distinctive opportunity to enjoy the best of Austin's urban and outdoor lifestyles.

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Open House

10/18/2026 12:00 PM - 3:00 PM
54 Rainey St # 920 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

$ 475,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 7,009

Style

Condominium

Lot Size

0.004

Year Built

2005

Town/City

Austin

County/Region

Travis

MLS | Web ID

7555409

Features
General
Living Area 750
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected
Roof See Remarks
Appliances Dishwasher Disposal Microwave Free-Standing Range Refrigerator Washer/Dryer Stacked
HOA Fee 622.22
Garage Spaces 1
Association Fee Includes Common Area Maintenance Insurance Landscaping Maintenance Structure
Patio/Porch Features Covered Patio
Pool Features Rooftop Pool See Remarks
Security Features Building Security Key Card Entry Prewired Secured Garage/Parking Security System
Construction Materials See Remarks
Year Built 2005
View City Lake Panoramic Park/Greenbelt River
Levels One
Unit Number 920
Property Subtype Condominium
Tax Year 2026
Waterfront Features River Front
Community Features Bike Storage/Locker Clubhouse Concierge Fitness Center Garage Parking Park Pet Amenities
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 Northwest
Green Sustainability None
Other Structures None
Full Baths 1
Status Active
Directions 35 to Cesar Chavez/Holly St. Head east on Holly St. Make a left on Rainey St. Milago is on the right. Park in visitor parking in the Milago garage or on the street.
High School Austin
City Austin
Body of Water Lake Austin
Disclosures None
Association Name Milago Condominiums
MLS Area DT
Lot Size Square Feet 174.24
Spa Features None
Elementary School Mathews
Tax Annual Amount 7259.15
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 342482
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Interior
Interior Amenities Breakfast Bar No Interior Steps Primary Bedroom on Main Track Lighting Walk-In Closet(s) Granite Counters
Flooring Vinyl
Total Fireplaces 0
Fireplace Features None
Window Features None
Half Baths 0
Total Bedrooms 1
Main Level Bedrooms 1
Total Baths 1
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Exterior
Exterior Amenities Balcony Boat Ramp
Fencing None
Parking Features Reserved
Lot Features Greenbelt Views
Water Source Public
Total Parking 1
Foundation Details Slab
Lot Size Acres 0.004
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
Barbara Van Dyke

Listing Agent

Compass Re Texas, Llc

Broker

barbaravandyke@compass.com

Email

Affordability Calculator

$3,865
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,281
Monthly Property Taxes
$584
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/16/2026$475,000 Listed Price

Map


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54 Rainey St # 920, Austin, TX, 78701 is a Condo for sale at $475,000 with 750 sqft and a lot size of 0.004. 54 Rainey St # 920 has 1 bedrooms, 1.0 baths, and was built in 2005. The property's zip code is 78701 which is in Austin, TX