Need More Info?

Crystal Olenbush

512-344-6000
  • 54 Rainey Street 1218

  • $1,083,999 REDUCED
  • 2 Beds, 3 Bath, 1956 SQ. Feet, 0.01 Acres Residential Austin, TX 78701

IMPORTANT INFO/READ ALL REMARKS: You will not find a condo at a better value. Also...you will not find a downtown Austin condo with a better combo of: amenities, turn-key-updates, modern styling, unadulterated views, convenience, size...all in an exciting and peaceful location. Recently remodeled CORNER UNIT in The Milago Condominiums, this unit is a rare 3 bedroom (or, 2 bedrooms and an office) at a whopping 1956 square feet! The Milago is one of the best kept secrets in Austin condominium living. Bordering Waller Beach Metropark, and overlooking the new Mexican American Cultural Center, it's is the only high rise with direct access to the Hike & Bike trail. You don't even cross a street...you simply walk out the back door and BOOM...you're there...standing along the edge of Lady Bird Lake. You have all the amenities you'd come to expect from living in a downtown high rise: Rooftop pool, 24 hour concierge, business center, top shelf gym, security, etc. Sitting at the quiet end of Rainey Street Historic/Entertainment District offers you a wide range of entertainment and dining options. The unit provides a modern "open concept floorplan", and is move in ready, with a recently remodeled kitchen and master bath, along with other updates throughout. Truly a "turn key" option, this property offers TWO primary suites (with ensuite full baths), and a 3rd flex room directly off the main living area that can be utilized as a bedroom, office, yoga studio, media room, art studio. etc. You're only limited by your imagination. The TWO (!) outdoor patios (one off the main living area, another off the 1st Primary Suite) offer unobstructed views of the entire Austin skyline and Lady Bird Lake. Two PRIME parking spaces that straddle the elevator access in the garage, are also included. Since the unit is 10 steps from the elevator, you can get from your 12th floor condo to your vehicle in less than 20 steps. Come see it! OWNER FINANCING will be considered. As will rate buy downs.

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® #4111361
  • Price$1,083,999
  • Bedrooms2
  • Bathrooms3.00
  • Full Baths2
  • Half Baths1
  • Square Footage1,956
  • Acres0.01
  • Year Built2005
  • TypeResidential
  • Sub-TypeCondominium
  • StatusActive Under Contract

Community Information

  • Address54 Rainey Street 1218
  • SubdivisionMilago Condo Amd
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78701

Amenities

  • AmenitiesConcierge
  • # of Garages2
  • GaragesGarage Door Opener
  • ViewCity, Lake, River
  • Is WaterfrontYes
  • WaterfrontLake Front
  • Has PoolYes

Utilities

Cable Connected, Electricity Connected, Fiber Optic Available, Phone Connected, Sewer Connected, Water Connected

Features

Business Center, Bicycle Storage, Concierge, Common Grounds/Area, Community Mailbox, Fitness Center, Gated, Storage Facilities, Sidewalks, Trails/Paths, Curbs

Parking

Assigned, Attached, Common, Garage, Garage Door Opener, Gated, Lighted, Covered, Guest, Secured

Interior

  • InteriorTile, Wood
  • HeatingCentral, Electric
  • FireplacesNone
  • # of Stories1
  • StoriesOne

Appliances

Built-In Electric Oven, Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Electric Cooktop, Exhaust Fan, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Built-In Electric Range

Cooling

Central Air, Ceiling Fan(s), Electric

Exterior

  • Exterior FeaturesBalcony, Dog Run
  • RoofConcrete
  • ConstructionGlass, Concrete
  • FoundationSlab

Lot Description

Backs to Greenbelt/Park, Near Public Transit

Windows

Blinds, Insulated Windows, Screens, Window Treatments

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 1218, Austin, TX (MLS® #4111361)

Date Details Price Change
Price Reduced $1,083,999 $3,000 (0.28%)
Price Reduced $1,086,999 $3,000 (0.28%)
Price Reduced $1,089,999 $10,000 (0.91%)
Price Reduced (from $1,100,000) $1,099,999 $1 (0.00%)

Property Listed by: Bramlett Residential

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 September 10th, 2024 at 3:58pm 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.