Kelsey Bates


  • Office (512)410-8037
  • Cell (512) 420-6676

54 Rainey Street 101, Austin, TX – $649,999

  • 2 Beds
  • 2 Baths
  • 1,294 Sqft
  • .01 Acres
  • 2 Beds
  • 2 Baths
  • 1,294 Sqft
  • .01 Acres

54 Rainey Street 101

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!

Essential Information

  • MLS® #3041559
  • Price$649,999
  • Bedrooms2
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,294
  • Acres0.01
  • Year Built2005
  • TypeResidential
  • Sub-TypeCondominium
  • StatusActive

Community Information

  • Address54 Rainey Street 101
  • SubdivisionMilago Condo Amd
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78701


  • # of Garages1
  • Is WaterfrontYes
  • WaterfrontLake Front, River Front


Cable Available, Electricity Connected, Sewer Available, Water Available


Barbecue, Business Center, Bar/Lounge, Bicycle Storage, Common Grounds/Area, Clubhouse, Conference/Meeting Room, Fitness Center, Park, Rooftop Lounge


Assigned, Garage, Covered, Guest


Park/Greenbelt, Lake, River, Creek/Stream, Trees/Woods, Water


  • InteriorTile, Wood
  • # of Stories1
  • StoriesOne


Cooktop, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Washer


Central, Electric, Separate Meters


  • Lot DescriptionBacks to Greenbelt/Park, Views
  • RoofSee Remarks
  • ConstructionMasonry
  • FoundationSlab

Exterior Features

No Exterior Steps, Private Yard

School Information

  • DistrictAustin ISD
  • ElementaryMathews
  • MiddleO Henry
  • HighAustin

Listing Details

  • Contact Details(512) 626-1539
Please provide a valid email address.

Price Change History for 54 Rainey Street 101, Austin, TX (MLS® #3041559)

Date Details Change
Price Reduced from $679,900 to $649,999 $29,901 (4.40%)
Price Reduced from $699,000 to $679,900 $19,100 (2.73%)

Property Listed by: Compass RE Texas, LLC

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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from June 23rd, 2024 at 8:31am CDT. 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.