Need More Info?

Crystal Olenbush

  • 54 Rainey Street 101

  • $525,000 REDUCED
  • 1 Bed, 2 Bath, 1294 SQ. Feet, 0.01 Acres Residential Austin, TX 78701

Look no further - the price is right! Milago is in a park-like setting on Lady Bird Lake and Trail. Large 1 Bedroom + Flex Room and 2 Baths. Unique 1st Flr unit with a private patio overlooking the Park, Lake and Trail. Corner location with lots of natural light. Spacious living and dining area (19'x21' approx) has windows on two sides. Beautiful updates in the white kitchen and master bath, huge customized master closet. The Flex Room (10'x12' approx) is an interior room with a Murphy Bed and a closet. Great Guest Bedroom or Media Rm/Office/Workout Room. Owner is a musician so he insulated the walls! Milago has top notch amenities and advantages - Great for walkers, runners, bicyclers who want immediate access to the hike and bike trail. Rooftop pool, spa, grills, fire pit with stunning downtown, lake and hill country views, gym, lounge, terraces, 24 hr concierge. Immediately out the back door you can Walk, Run, Bike, Kayak, Paddle board in this Prime Location close to nature and everything you want and need. Walk to numerous restaurants, entertainment. Quick commute to Whole Foods and the Austin airport. View, Space, Privacy and Convenience. Wonderful opportunity in this special lakeside building! HOA Fee $687/Mo. Google Fiber ready. Rsvd Pkg Spot #132. Great price per sq/ft. Smart investment.

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® #3361530
  • Price$525,000
  • Bedrooms1
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,294
  • Acres0.01
  • Year Built2005
  • TypeResidential
  • Sub-TypeCondominium
  • StatusActive Under Contract

Community Information

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


  • AmenitiesConcierge
  • # of Garages1
  • GaragesGarage Door Opener
  • ViewLake, Trees/Woods
  • Is WaterfrontYes
  • WaterfrontWaterfront


Cable Available, Electricity Available, Natural Gas Not Available, Water Available


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


Assigned, Garage, Guest, Secured


  • InteriorTile, Wood
  • StoriesOne


Washer/Dryer Stacked, Dishwasher, Electric Range, Free-Standing Refrigerator, Disposal, Microwave, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Electric Range


Central, Electric, Separate Meters


Central Air, Ceiling Fan(s), Electric


  • Exterior FeaturesNo Exterior Steps
  • Lot DescriptionLevel, Trees Large Size
  • RoofBuilt-Up
  • ConstructionMasonry, Concrete, Stucco
  • FoundationPillar/Post/Pier


Insulated Windows, Solar Screens

School Information

  • DistrictAustin ISD
  • ElementaryMathews
  • MiddleO Henry
  • HighAustin

Map & Directions

View in Google Maps
Please provide a valid email address.

Price Change History for 54 Rainey Street 101, Austin, TX (MLS® #3361530)

Date Details Price Change
Price Reduced (from $569,000) $525,000 $44,000 (7.73%)

Property Listed by: Lux Haus Realty

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 March 8th, 2021 at 9:01am CST. 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.