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Crystal Olenbush

512-344-6000
  • 54 Rainey Street 811

  • $349,000 REDUCED
  • 1 Bed, 1 Bath, 756 SQ. Feet Residential Austin, TX 78701

Enjoy the best of downtown Austin living in this 1-bedroom, 1-bath condo at Milago Condominiums. Located on vibrant Rainey St. with direct access to Lady Bird Lake & Trail, this residence offers an open floor plan, abundant natural light, and one reserved parking space in the gated garage. Amenities include a rooftop pool and spa, fitness center, club room, 1st floor lounge looking out to a private patio, the trail and lake as well as concierge service and secure access 24/7. Walk to dining, entertainment, nightlife and outdoor recreation while enjoying a lock-and-leave lifestyle. Milago is the only condo building situated right on Lady Bird Lake in the Rainey St. Historical District in Downtown Austin.

View More Properties in Milago Condos. View More Properties in the 78701 Zip Code. View More Properties in the Austin School District.

Essential Information

  • MLS® #2641435
  • Price$349,000
  • Bedrooms1
  • Bathrooms1.00
  • Full Baths1
  • Square Footage756
  • Acres0.00
  • Year Built2005
  • TypeResidential
  • Sub-TypeCondominium
  • StatusActive

Community Information

  • Address54 Rainey Street 811
  • SubdivisionMilago Condo Amd
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78701

Amenities

  • AmenitiesConcierge
  • ParkingGarage, Covered, Gated, Guest
  • # of Garages1
  • ViewNeighborhood
  • Is WaterfrontYes
  • WaterfrontLake Front, River Front

Utilities

Cable Available, Electricity Available, Sewer Connected, Water Available

Features

Common Grounds/Area, Community Mailbox, Fitness Center, Gated, Property Manager On-Site, Pool, Street Lights, Sidewalks, Trails/Paths, Bar/Lounge, Bicycle Storage, Concierge, Conference/Meeting Room, Courtyard, Package Service

Interior

  • InteriorTile, Wood
  • HeatingElectric
  • CoolingElectric
  • # of Stories1
  • StoriesOne

Interior Features

Breakfast Bar, Open Floorplan, See Remarks

Appliances

Free-Standing Electric Range, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer/Dryer Stacked

Exterior

  • Exterior FeaturesBalcony, See Remarks
  • Lot DescriptionMany Trees, See Remarks
  • WindowsWindow Coverings
  • RoofBuilt-Up
  • ConstructionBrick, Stone, Stucco
  • FoundationPillar/Post/Pier

School Information

  • DistrictAustin ISD
  • ElementaryMathews
  • MiddleO Henry
  • HighAustin

Map & Directions

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Price Change History for 54 Rainey Street 811, Austin, TX (MLS® #2641435)

Date Details Price Change
Price Reduced $349,000 $900 (0.26%)
Price Reduced (from $359,900) $349,900 $10,000 (2.78%)

Property Listed by: Brauman Realty, Inc

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 August 9th, 2026 at 5:30am 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.