54 Rainey Street #502
Austin, TX 78701
3
Bed
2
Bath
1,557Sqft
0.01Acre(Lot)
Perched on the fifth floor of The Milago, this exceptional 3-bed, 2-bath home offers breathtaking west-facing views of the Downtown Austin skyline and Lady Bird Lake. Inside, an open-concept floor plan is filled with natural light streaming through expansive windows that perfectly frame the panoramic views. Rich wood flooring extends throughout the living areas and all three bedrooms, while modern finishes and clean architectural lines create a contemporary feel. The kitchen is thoughtfully designed with granite countertops, stainless steel appliances, ample cabinetry, and a breakfast bar for casual dining, while a dedicated dining area provides the perfect setting for larger gatherings and dinner parties. Just beyond the living room, a private balcony invites you to enjoy morning coffee o
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Roofing Information
MembraneFlooring Information
Tile, Wood -
Interior Features
BreakfastBar, CeilingFans, GraniteCounters, MainLevelPrimary, OpenFloorplan, RecessedLighting, SoakingTub, WalkInClosetsRoof: MembraneAppliances: Dishwasher, ElectricRange, Microwave, StainlessSteelAppliancesLaundry Features: LaundryCloset -
Heating & Cooling
Heating: Central Has Cooling: Yes
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Building Information
Year Built: 2005Construction Materials: Masonry, StuccoStories: 1Pool Features: None, CommunityPrivate Pool: NoWater front Features: NoneView: City, RiverAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: Balcony
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Lot Information
Main Square Feet: 0.009 Lot Size Acres: 0.009 Lot Description: NoneProperty Information
Subdivision: Milago Condo Amd Source Property Type: Residential Property SubType: Condominium Direction Faces: West Levels: One Property Age: 21
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Listing Price Information
Listing Price: $849500Cash, Conventional
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Tax Information
Parcel Number: 02030312500000 Tax Lot: 502 Tax Year: 2026 Annual Tax: $15008.59 Tax Legal Desc: UNT 502 MILAGO CONDOMINIUMS AMENDED PLUS .591 % INT IN COM AREA
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Virtual Tour
Parking Information
Assigned, Garage, SecuredGarage Information
Garage Space: 2Homeowners Association Information
Has Association: YesIncluded Fees: CommonAreaMaintenance, TrashHOA: $1,290.29Association Amenities: ConciergeCommunity Features: BarLounge, BicycleStorage, Concierge, ConferenceMeetingRoom, FitnessCenter, Pool, StorageFacilities, TrailsPaths
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School Information
Elementary School: Mathews Junior High School: O Henry Senior High School: Austin -
Utility Information
ElectricityAvailable, SewerAvailable, WaterAvailable -
Location Information
Direction: Drive south on Lavaca St, turn right onto W 11th St, then right onto the I-35 Frontage Rd. Continue onto East Ave, turn right onto River St, and at the traffic circle, turn left onto Rainey St. The destination will be on your right. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 507 Sabine Street #404, Austin, TX, 78701 | $264,900 | 1 | 1 | 728 | 0.00 Acre |
| 507 Sabine Street #404, Austin, TX, 78701 | $264,900 | 1 | 1 | 728 | -- |
| 507 Sabine Street #605, Austin, TX, 78701 | $498,500 | 2 | 2 | 1,456 | 0.01 Acre |
| 555 E 5th Street #903, Austin, TX, 78701 | $460,000 | 1 | 1 | 1,134 | 0.00 Acre |
| 555 E 5th Street #527, Austin, TX, 78701 | $630,000 | 1 | 2 | 1,520 | 0.00 Acre |
| 84 East Avenue #3308, Austin, TX, 78701 | $515,000 | 1 | 1 | 667 | 0.39 Acre |
| 84 East Avenue #2003, Austin, TX, 78701 | $699,000 | 2 | 2 | 969 | 0.39 Acre |
| 84 East Avenue #3704, Austin, TX, 78701 | $715,000 | 1 | 1 | 892 | -- |
| 84 East Avenue #3705, Austin, TX, 78701 | $715,000 | 1 | 1 | 920 | -- |
| 84 East Avenue #3106, Austin, TX, 78701 | $969,000 | 2 | 2 | 1,224 | -- |
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ByOwner last updated this listing 09/01/2026 @ 13:07
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