54 Rainey ST #1218

Austin, TX 78701 View Map $1,099,999 Schedule a Tour

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Status: Active
Property Type:Condo
MLS #:4111361
Sq. Feet:1,956
On Site:27 Days
Lot Size:0.01 Acres
Monthly HOA:$1,134
READ ALL OF THESE REMARKS: You will not find a downtown Austin condo with a better combination of amenities, turn-key-updates, modern styling, unadulterated views, convenience, size, space, all in an exciting and peaceful location. I am also sure that you won't find a 3 bedroom condo at a better value! This recently remodeled CORNER UNIT in The Milago Condominiums is a very rare 3 bedroom orientation, with a whopping 1956 square feet! The Milago is one of the best kept secrets in Austin condominium living. Bordering the Waller Beach Metropark, The Milago is the only high rise with direct, unobstructed access to the Hike & Bike trail. You don't even cross a street...you just simply walk out the back door of the building and BOOM...you're there...standing along the edge of Lady Bird Lake. The Milago has all the amenities you'd come to expect from living in a downtown high rise: Rooftop pool, business center, top shelf gym, security, relaxing common areas, etc. It also sits at the South (quiet!) end of Rainey Street Historic/Entertainment District, which allows you to enjoy a wide range of entertainment and dining options. The unit is in pristine shape, provides a modern "open concept floorplan", and is move in ready, with a recently remodeled kitchen and master bath, along with other updates throughout. Truly a "turn key" option, this property offers TWO primary suites (with ensuite full baths), and a 3rd bedroom directly off the main living area that can be utilized as a bedroom, office, yoga studio, media room, art studio. etc. You're only limited by your imagination. The TWO outdoor patios (one off of the main living area, another off the 1st Primary Suite) offer unobstructed views of the entire Austin skyline and Lady Bird Lake. Two parking spaces that literally straddle the elevator access in the garage, are also included. Since this unit 10 steps from the elevator, you can get from your 12th floor condo to your vehicle in less than 20 steps. Come see it ASAP!

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ABOUT 54 Rainey ST #1218, Austin, TX 78701 - MLS 4111361

In Travis County, this property is located at 54 Rainey ST #1218 in the Milago Condo Amd neighborhood of Austin, with a current listing price of $1,099,999. This 1956 square foot condo for sale has 3 bedrooms, 3 baths, and is situated on 0.01 acres of land.

For more information about 54 Rainey ST #1218, see more details below as entered by the listing brokerage, including property taxes, year built, assigned schools, type of construction, exterior and interior features, locations, views, and any neighborhood amenities in Milago Condo Amd.

Call The RealFX Group to get into your Austin area dream home today! Our local agents are experts in the Austin real estate market and are committed to providing outstanding service. To tour MLS #4111361 today, connect with an agent at (512) 956-7390.

Community Information

Address:54 Rainey ST #1218, Austin, TX 78701
Subdivision:Milago Condo Amd
Zip Code:78701

School Information

School:Austin ISD
High School:Austin
Middle School:O Henry
Elementary School:Mathews


Unit Number:#1218
Bedrooms: 3
Bathrooms: 2 Full / 1 Half
Year Built:2005
Roof: Concrete
Foundation: Slab
Garage Yes/No: Yes
Attached Garage Yes/No: Yes
Garage Spaces: 2
Parking Features: Assigned, Attached, Common, Covered, Garage Door Opener, Gated, Guest, Lighted, Secured
Covered Spaces: 2

Features / Amenities

Interior Features: 2 Primary Baths, 2 Primary Suites, Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Corain Counters, Granite Counters, Quartz Counters, Elevator, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Track Lighting, Walk-In Closet(s), Washer Hookup
Appliances: Built-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Dryer, Electric Cooktop, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Flooring: Tile, Wood
Exterior Features: Balcony, Dog Run
Accessibility Features: Accessible Elevator Installed, Enhanced Accessibility, FullyAccessible
Patio And Porch: Covered, Patio, Side Porch
Pool: Fenced, Heated, In Ground, Outdoor Pool, Rooftop Pool
Spa: Hot Tub, In Ground
Direction Faces: South
Window: Blinds, Insulated Windows, Screens, Window Treatments
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric


Primary BathroomMain
Primary BathroomMain
Primary BedroomMain
Dining RoomMain
Living RoomMain
Primary BedroomMain

Property Features

Lot Size: 0.01 Acres
Lot Features: Back to Park/Greenbelt, Curbs, Near Public Transit, Public Maintained Road
Waterfront: Lake Front
View: City, Lake, River
Water Body: Lady Bird Lake
Gated Community: Yes
Utilities: Cable Connected, Electricity Connected, Internet-Fiber, Phone Connected, Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Directions:From Southbound Interstate 35 Frontage Rd: After Cesar Chavez, turn Right on River St. Turn Left on Rainey St. Property Located off Rainey on Right hand side: (54 Rainey St) "The Milago". GUEST PARKING IN GARAGE NEAR CONSIERGE (MUST REGISTER WITH CONSIERGE).

Tax and Financial Info

Tax Annual Amount: $22,240
Terms: Cash, Conventional, FHA
Buyer Agency Compensation: 3.000%
Sub Agency Compensation Type: 0.000$
Possession: Funding, Immediate
Association Fee: $1,134 (paid Monthly)
Association Fee Includes: Common Area Maintenance, Landscaping, Maintenance Structure, Parking, Security, Trash



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54 Rainey ST #1218 Austin,  TX 78701
54 Rainey ST #1218 Austin, TX 78701
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Listing provided courtesy of Bramlett Residential (512-850-5717).
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listings courtesy of ACTRIS MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of April 24, 2024 3:15 AM CST . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.