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Crystal Olenbush

512-344-6000
  • 54 Rainey Street 503

  • $429,000 REDUCED
  • 1 Bed, 1 Bath, 865 SQ. Feet, 0.01 Acres Residential Austin, TX 78701

PRICED TO SELL! LIVE, WORK, PLAY! Fabulous 1 bedroom condo with an office/den and partial Lady Bird Lake view in the highly sought-after Milago Condominiums. All the things you would expect in a luxury condo - granite countertops, wood floors and stainless steel appliances. Convenient 24/7 concierge, WIFI lounge, clubroom, fitness center, rooftop pool and BBQ area, reserved parking and a grocery store across the street. Plenty of places to entertain friends and family with many restaurants and bars along Rainey St or go for a stroll, run or bike with your four-legged friend on the hike and bike trail. Many upgrades/updates completed (see documents for complete list).

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® #3491696
  • Price$429,000
  • Bedrooms1
  • Bathrooms1.00
  • Full Baths1
  • Square Footage865
  • Acres0.01
  • Year Built2005
  • TypeResidential
  • Sub-TypeCondominium
  • StatusActive

Community Information

  • Address54 Rainey Street 503
  • SubdivisionMilago Condo Amd
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78701

Amenities

  • AmenitiesConcierge
  • UtilitiesElectricity Available
  • # of Garages1
  • ViewCity
  • Is WaterfrontYes
  • WaterfrontLake Front
  • Has PoolYes

Features

Barbecue, Business Center, Bar/Lounge, Concierge, Common Grounds/Area, Clubhouse, Community Mailbox, Conference/Meeting Room, Dog Park, Fitness Center, Internet Access, Lake, Package Service, Park, Property Manager On-Site, Pool, Trails/Paths, Deck/Porch

Parking

Assigned, Attached, Garage, Covered, Guest

Interior

  • InteriorTile, Wood
  • HeatingCentral
  • CoolingCentral Air, Ceiling Fan(s)
  • FireplacesNone
  • # of Stories1
  • StoriesOne

Appliances

Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Range, Free-Standing Electric Range, Disposal, Microwave, Refrigerator

Exterior

  • Exterior FeaturesGas Grill, See Remarks
  • WindowsWindow Coverings
  • RoofAsphalt, See Remarks
  • ConstructionBrick, Masonry, See Remarks
  • FoundationSee Remarks

Lot Description

Backs to Greenbelt/Park, Sprinklers Automatic, See Remarks, Trees Medium Size

School Information

  • DistrictAustin ISD
  • ElementaryMathews
  • MiddleO Henry
  • HighAustin

Map & Directions

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Price Change History for 54 Rainey Street 503, Austin, TX (MLS® #3491696)

Date Details Price Change
Price Reduced $429,000 $13,900 (3.14%)
Price Reduced $442,900 $2,000 (0.45%)
Price Reduced (from $449,900) $444,900 $5,000 (1.11%)

Property Listed by: Keller Williams 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 17th, 2025 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.