54 Rainey Street 1018, Austin, TX

$989,000

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3

Beds

3

Baths

1,956

Square feet

0.01

Acres

About 54 Rainey Street 1018

Experience elevated downtown living at Milago, where style, space, and sweeping views come together in one exceptional residence. This beautifully appointed 3-bedroom, 2.5-bath condo offers nearly 2,000 square feet (1,956 SF) of light-filled living space in one of Austin’s most desirable waterfront buildings. From the moment you enter, you’re greeted by expansive windows that flood the home with natural light and frame stunning views the downtown skyline and Lady Bird Lake. Rich wood flooring runs throughout, creating a warm, cohesive feel across the open-concept living and dining areas—perfect for entertaining or simply enjoying the view. The gorgeous kitchen is both functional and refined, featuring quartz countertops, a custom backsplash, an extra-deep sink, and abundant cabinet space for effortless organization. Whether you’re hosting friends before a night out or preparing a quiet dinner at home, this kitchen is designed to impress. The spacious primary suite offers a true retreat, complete with a luxurious ensuite bath boasting a double vanity, large soaking tub, and separate walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or a dedicated fitness or media space. Located just steps from the Town Lake Trail, you’ll have immediate access to miles of scenic waterfront paths, along with some of Austin’s best dining, shopping, and entertainment. Residents of Milago enjoy premium amenities including a beautiful pool and a fully equipped fitness center. This is downtown Austin living at its finest—spacious, sophisticated, and perfectly positioned to enjoy the best of the city.

Features of 54 Rainey Street 1018

MLS® # 2440461
Price $989,000
Bedrooms 3
Bathrooms 3.00
Full Baths 2
Half Baths 1
Square Footage 1,956
Acres 0.01
Year Built 2005
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 54 Rainey Street 1018
Area DT
Subdivision Milago Condo Amd
City Austin
County Travis
State TX
Zip Code 78701

Amenities

Amenities Concierge
Utilities See Remarks
Features Barbecue, Business Center, Bicycle Storage, Concierge, Fitness Center, Pool, Trails/Paths
Parking Assigned, Garage, Guest
Garage Spaces 2
View City, Hills, Lake
Is Waterfront Yes
Waterfront Lake Front
Has Pool No

Interior

Interior See Remarks
Appliances Built-In Electric Range, Dishwasher
Heating Central
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Balcony
Lot Description See Remarks
Roof Built-Up
Construction Brick, Stone, Stucco
Foundation Pillar/Post/Pier

School Information

District Austin ISD
Elementary Mathews
Middle O Henry
High Austin

Additional Information

Date Listed March 5th, 2026
Days on Market 70
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass RE Texas, LLC
Contact Info(512) 769-1695

Listing Map

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