This meticulously maintained urban condo at the Milago offers stylish living at the end of Rainey Street, with direct access to Lady Bird Lake, the hike and bike trail, and a lively array of dining and entertainment spots just steps away. This one-bedroom + study, one-bath condo showcases European plank hardwood floors, custom paint (entire condo & ceiling painted 2020), granite countertops, stainless steel appliances, a custom closet organizer, and a functional, open floor plan designed to maximize both space and comfort. Recently replaced in 2020 Rheem electric water heater and hvac. The Milago offers exceptional amenities, including a rooftop pool and hot tub with sweeping downtown views along with grills and seating, and a spacious 3rd-floor terrace outdoor seating— perfect for entertaining. Residents also enjoy 24-hour concierge service, a fitness center, a clubroom, a Wi-Fi lounge, and convenient bike storage. Recent updates include a refreshed lobby, new pool furniture, and BBQ grills. This condo blends luxury, convenience, and unbeatable location for the ultimate urban lifestyle. *Buyer to independently verify all information including but not limited to taxes, restrictions, schools, square footage, Hoa dues, year built, etc.
Active
$485,000
54 Rainey St APT 617, Austin, TX 78701
1beds
865sqft
Est.:
Condominium
Built in 2005
-- sqft lot
$480,400 Zestimate®
$561/sqft
$668/mo HOA
What's special
Open floor planStainless steel appliancesEuropean plank hardwood floorsGranite countertopsHike and bike trailSweeping downtown viewsCustom closet organizer
- 5 days
- on Zillow |
- 123 |
- 10 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 08, 2025 at 02:02am
Listed by:
Kristee Leonard (512) 695-5144,
The Leaders Realty, LLC (512) 695-5144
Source: Unlock MLS,MLS#: 5555368

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range, Microwave, Stainless Steel Appliance(s), Electric Water Heater
Features
- Built-in Features, Ceiling Fan(s), Granite Counters, Eat-in Kitchen, High Speed Internet, Open Floorplan, Primary Bedroom on Main, Smart Thermostat, Stackable W/D Connections, Walk-In Closet(s)
- Flooring: Tile, Wood
- Windows: Blinds
Interior area
- Total interior livable area: 865 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, Reserved, Secured
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: None
- Has private pool: Yes
- Pool features: Heated, Rooftop Pool
- Spa features: Hot Tub
- Fencing: None
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: Lake Austin
Lot
- Features: Near Public Transit
Details
- Additional structures: None
- Parcel number: 02030312880000
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Foundation: See Remarks
- Roof: See Remarks
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: BBQ Pit/Grill, Bike Storage/Locker, Clubhouse, Concierge, Fitness Center, Google Fiber, High Speed Internet, Lake, Park, Pool
- Subdivision: Milago Condo Amd
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance, Insurance, Trash
- HOA fee: $668 monthly
- HOA name: Milago
Location
- Region: Austin
Financial & listing details
- Price per square foot: $561/sqft
- Tax assessed value: $421,319
- Annual tax amount: $6,611
- Date on market: 6/7/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
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