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54 Rainey ST 416Austin, TX 78701

For Sale

$448,000

Smart Buyer Rebate $3,440

Experience refined urban living in this stunning west-facing one-bedroom condo with an additional flex space and captivating views. Step inside to find the timeless charm of rich wood floors, gleaming granite countertops, and a kitchen outfitted with sleek stainless steel appliances. A stacked washer and dryer complete the modern conveniences.
The Milago’s amenities set the standard for downtown luxury, enjoy a rooftop terrace with a pool, hot tub, and BBQ grills, a well-equipped fitness center, elegant club room, ground-floor lounge, inviting patio, and 24/7 concierge service.
Nestled in the heart of the vibrant Rainey Street District and just steps from Lady Bird Lake, you’ll have premier access to local favorites like Royal Blue Grocery, Emmer & Rye, Geraldine’s, Cuvee Coffee, and the Limestone Rooftop Bar. Whether you’re savoring the nightlife or exploring the scenic hike and bike trail, paddleboarding, or kayaking, everything you love about Austin is right at your doorstep.
Reserved parking space #241 and storage unit #91 add convenience to this true lock-and-leave lifestyle. Discover the perfect blend of sophistication, comfort, and location. Welcome home to Milago Condominiums.

Listed by Sherene Mayner

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License #643368

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Womack Real Estate LLC

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(512) 626-0621

Last updated November 16, 2025

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Source: ACTRIS #7559774

Listing Facts

  • TypeCondo
  • NeighborhoodBridgeview
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu16
  • HOA/Maint. Fees$657.75/month
  • Taxes$7,360.36/year
  • Size852 sqft
  • Price per sqft$526

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Parking
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

11/03/2025
Listed by Womack Real Estate LLC
$448,000

Property Details for 54 Rainey ST 416

Association

Amenities

  • Community Features: BBQ Pit/Grill, Bike Storage/Locker, Clubhouse, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Fitness Center, Garage Parking, Gated, Package Service, Picnic Area, Pool, Spa/Hot Tub

Fees

  • Association Fee: $657.75 Monthly
  • Association Fee Includes: Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Parking, Security, Trash

General

  • Association Name: Milago Condominium HOA

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Resale
  • Roof: Membrane
  • Window Features: Window Coverings
  • Year Built: 2005
  • Construction Materials: Brick, Concrete, Glass, Stucco
  • Exterior Features: Balcony

Features

  • Direction Faces: West
  • Patio And Porch Features: Covered
  • View: Garden, Lake, Park/Greenbelt, Trees/Woods
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes

Measurements

  • Lot Features: Back To Park/Greenbelt, Landscaped, Many Trees
  • Lot Size Acres: 0.00
  • Lot Size Area: 0
  • Lot Size Square Feet: 213

Financial

Taxes

  • Parcel Number: 02030312410000
  • Tax Annual Amount: $7,360.36
  • Tax Assessed Value: $371,395.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Washer/Dryer Stacked
  • Flooring: Tile, Wood
  • Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Granite Counters, Electric Dryer Hookup, Open Floorplan, Primary Bedroom On Main, Soaking Tub, Stackable W/D Connections, Walk-In Closet(s)

Measurements

  • Living Area: 852
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Main Level Bedrooms: 1

Other

Location

  • Subdivision Name: Milago Condo Amd
  • Tax Lot: 416
  • Water Body Name: Lady Bird Lake

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Covered, Electric Gate, Gated, Private, Reserved, Secured, Storage
  • Parking Total: 1

Schools

Elementary School

  • Elementary School: Mathews
  • Elementary School District: Austin ISD

High School

  • High School: Austin
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: O Henry
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Private Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Private

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.