Check Availability
$679,900
↓ $19K (2.7%)
Condo - For Sale

54 Rainey ST #101

Austin, TX 78701
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1294 Sqft
$5,258
Estimated Monthly
$892
HOA / Fees
4.35%
Cap Rate

About This Property

Experience ultimate lakefront living in this corner unit condo at The Milago on Rainey Street. This condo boasts 2 bedrooms, 2 baths and your very own private patio where you are just steps away from Lady Bird Lake's Hike and Bike Trail. Encompassing 1,294 square feet of living space, this corner unit offers a prime location for those seeking an active lifestyle and the convenience of downtown living. Surrounded by large, remotely operated windows enhancing a bright and airy ambiance from the natural light. The primary bedroom features an ensuite full bath with dual vanity, separate walk-in shower, and garden tub, offering a perfect retreat for relaxation and rejuvenation. Head out your back patio and step onto the trail for a run, a walk, or a bike ride, immersing yourself in over 10 miles of hike and bike trails with easy access to the Austin Rowing Club for kayak and paddleboard rentals. The downtown area and metro rail are within walking distance making commuting a breeze. Enjoy the vibrant downtown scene and eclectic dining options on Rainey Street, all just a leisurely stroll away. The condo's community amenities include a Rooftop pool and hot tub with cabanas and outdoor cooking area, well-equipped gym, conference room and 24/7 concierge.


Don't miss out on this rare opportunity to own a piece of lakefront paradise in the heart of Austin!
Unit Size
1,294Ft²
Days on Market
34 days
Land Size
0.01 acres
Price per sqft
$525
Property Type
Condo
Property Taxes
$1,027
HOA Dues
$892
Year Built
-
Listed By
Joelle Kircher
Compass RE Texas, LLC
Last updated: 17 days ago (Unlock MLS #ACT3041559)

Price History

Date / Event Date Event Price
Apr 12, 2024 Price Decreased $679,900
↓ $19K (2.7%)
Price Decreased
Mar 26, 2024 Listed by Compass RE Texas, LLC $699,000
Listed by Compass RE Texas, LLC
Nov 1, 2020 No longer available -
No longer available
Jul 24, 2020 Listed by Keller Williams - Lake Travis $600,000
Listed by Keller Williams - Lake Travis
Copy/paste link for 3D tour: bit.ly/54Rainey3D. Downtown Austin living at its finest! Only unit on the first floor next to the lake, trail and park. Truly unique 2BR home with a lovely balcony to enjoy your morning coffee or evening wine. Inviting and spacious open floor plan with a striking white kitchen, quartz counters, gleaming wood floors and abundant natural light throughout. The private master suite with spa-like double-vanity bath and huge custom walk-in closet is a perfect…
Dec 13, 2019 No longer available -
No longer available
Show More

Property Highlights

Garage
Parking Available
Elevator
Doorman
Air Conditioning
With View
Parking Details
Covered Spaces: 1
Total Number of Parking: 1
Parking Features: Assigned, Covered, Garage
Garage Spaces: 1
Interior Details

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Breakfast Bar, Ceiling Fan(s), No Interior Steps, Primary Bedroom on Main, Soaking Tub, Walk-In Closet(s)
Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Electric Water Heater
Flooring Type: No Carpet, Tile, Wood
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric, Separate Meters
Living Area: 1294

Room 1

Level: Main
Type: Primary Bedroom
Features: Ceiling Fan(s), Separate Shower, Walk-In Closet(s)

Room 2

Level: Main
Type: Kitchen
Features: Breakfast Bar, Quartz Counters, Galley Type Kitchen, Track Lighting

Room 3

Level: Main
Type: Primary Bathroom
Features: Double Vanity, Full Bath, Garden Tub, Walk-in Shower

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,164 ft²
$546/ft²
$635,000 Jan 16, 2024
- Nov 30, -0001
$1,764/mo
Condo
2 Beds
2 Baths
1,212 ft²
$678,000 Apr 29, 2019
$611,000 - $745,000 Jun 18, 2019
$1,701/mo
Condo
2 Beds
2 Baths
1,289 ft²
$543/ft²
$700,000 Mar 10, 2024
-
$889/mo
Condo
2 Beds
2 Baths
1,164 ft²
$567/ft²
$659,990 Dec 15, 2023
-
$1,884/mo
Condo
2 Beds
2 Baths
1,164 ft²
$533/ft²
$620,000 Jan 4, 2024
-
$1,731/mo
Condo
1 Bed
1 Bath
865 ft²
$665/ft²
$575,000 Mar 23, 2024
-
$1,464/mo
Condo
1 Bed
1 Bath
699 ft²
$801/ft²
$560,000 Nov 7, 2023
-
$1,509/mo
Condo
1 Bed
1 Bath
718 ft²
$968/ft²
$695,000 Oct 11, 2023
-
$1,642/mo
Condo
1 Bed
1 Bath
706 ft²
$871/ft²
$615,000 Sep 23, 2023
-
$1,143/mo
Condo
1 Bed
1 Bath
837 ft²
$943/ft²
$789,000 Apr 17, 2024
-
$2,059/mo
Condo
1 Bed
1 Bath
803 ft²
$922/ft²
$740,000 Jul 6, 2023
-
$1,822/mo
Condo
1 Bed
1 Bath
893 ft²
$726/ft²
$648,000 Feb 1, 2024
-
$2,123/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240116 Unit 1013
01/16/2024
2 Bed
2 Bath
1164 ft²
$635,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
$635,000
01/16/2024
-
Carolyn Skyles
Compass RE Texas, LLC
20231018 Unit 610
10/18/2023
610
1 Bed
1 Bath
756 ft²
$569,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
756 ft²
-
-
-
William Steakley
DEN Property Group
20220630
06/30/2022
2 Bed
2 Bath
1164 ft²
$814,999
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
-
-
-
Stewart Roach
Living Spree Realty
20220617 Unit 715
06/17/2022
715
1 Bed
1 Bath
756 ft²
$499,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
756 ft²
-
-
-
Michael Harrell
Keller Williams Realty
20210917 Unit 1009
09/17/2021
2 Bed
2 Bath
1164 ft²
$600,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
-
-
-
Schuyler Williamson
Keller Williams Realty
20210115 Unit 707
01/15/2021
707
2 Bed
2 Bath
1164 ft²
$549,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
-
-
-
Kathie Gabriel
Keller Williams - Austin SW
20200731 Unit 521
07/31/2020
521
2 Bed
2 Bath
1164 ft²
$625,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
-
-
-
Andy Allen
Keller Williams - Austin NW
20200724 Unit 101
07/24/2020
101
2 Bed
2 Bath
1294 ft²
$600,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1294 ft²
-
-
-
Gene Arant
Keller Williams - Lake Travis
20200319 Unit 1008
03/19/2020
1 Bed
1 Bath
893 ft²
$465,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
893 ft²
-
-
-
Holly Mace Massingill
Keller Williams Realty
20191120 Unit 604
11/20/2019
604
2 Bed
2 Bath
1189 ft²
$599,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1189 ft²
-
-
-
Joanne Flynn
Keller Williams - Austin SW
20191106 Unit 101
11/06/2019
101
1 Bed
2 Bath
1294 ft²
$559,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1294 ft²
-
-
-
Joanne Flynn
Keller Williams - Austin SW
20191024 Unit 907
10/24/2019
907
2 Bed
2 Bath
1164 ft²
$489,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
-
-
-
John Doucette
Keller Williams Realty
20190803 Unit 1011
08/03/2019
1 Bed
1 Bath
756 ft²
$337,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
756 ft²
-
-
-
Joanne Flynn
Keller Williams - Austin SW
20190429 Unit 822
04/29/2019
822
2 Bed
2 Bath
1212 ft²
$675,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1212 ft²
$678,000 +0.44%
06/18/2019
-
Brett Woodroof
BHGRE Gary Greene
20180901 Unit PH09
09/01/2018
2 Bed
2 Bath
1164 ft²
$555,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1164 ft²
-
-
-
David Board
Keller Williams - Austin SW

Building Info

54 Rainey Street 54 Rainey Street, Austin, TX 78701
  • 3 Units for Sale
More about this Building
54 Rainey Street
Want to find out who owns 54 Rainey Street, Austin, TX 78701? Get detailed property transactions here .

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