Need More Info?

Crystal Olenbush

512-344-6000
  • 54 Rainey Street 1020

  • $418,000 REDUCED
  • 1 Bed, 1 Bath, 750 SQ. Feet Residential Austin, TX 78701

Reduced! Experience the ultimate Austin lifestyle in this breathtaking 10th-floor Luxury Waterfront Condo at Milago. Enjoy the convenience of 24-hour concierge service and high-end amenities, all while soaking in breathtaking panoramic views of Lady Bird Lake and the Austin skyline. This prime location places you within a short walking distance to the best dining and entertainment options, with direct access to the scenic Butler Trail. The interior features beautiful hardwood floors throughout, alongside a remodeled kitchen and bathroom. Step out onto your private balcony to take in the views. Recent upgrades include a microwave, dishwasher, and garbage disposal, all replaced in 2023, as well as the addition of a Nest Smart Thermostat and a Nest Wi-Fi Smoke Detector. The condo comes complete with a washer, dryer, and refrigerator. It also benefits from the lowest HOA fees for a high-end downtown unit, as noted in the HOA letter. Amenities abound, including a rooftop pool, hot tub, and fire pit, a business center, enhanced security, and an expansive terrace area on the 3rd floor equipped with grills and outdoor seating. Stay active in the fitness center or unwind in the clubroom and Wi-Fi lounge. For your convenience, there is dedicated bike storage and a reserved parking spot on level 2 of the garage (space 233). Don’t miss this opportunity to make this luxurious condo your new home!

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® #6636863
  • Price$418,000
  • Bedrooms1
  • Bathrooms1.00
  • Full Baths1
  • Square Footage750
  • Acres0.00
  • Year Built2005
  • TypeResidential
  • Sub-TypeCondominium
  • StatusActive

Community Information

  • Address54 Rainey Street 1020
  • SubdivisionMilago Condo Amd
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78701

Amenities

  • AmenitiesConcierge
  • ParkingAssigned, Covered, Guest
  • # of Garages1
  • ViewCity, Hills, Lake
  • Is WaterfrontYes
  • WaterfrontLake Front

Utilities

Electricity Available, Fiber Optic Available, Phone Available, Water Available

Features

Barbecue, Concierge, Clubhouse, Fitness Center, Lake, Pool, Rooftop Lounge

Interior

  • InteriorTile, Wood
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories1
  • StoriesOne

Appliances

Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator

Exterior

  • Exterior FeaturesBalcony
  • WindowsBlinds, Screens
  • RoofConcrete
  • ConstructionMasonry
  • FoundationSlab

Lot Description

Backs to Greenbelt/Park, Moderate Trees, Views

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 1020, Austin, TX (MLS® #6636863)

Date Details Price Change
Price Reduced $418,000 $16,000 (3.69%)
Price Reduced (from $439,000) $434,000 $5,000 (1.14%)

Property Listed by: Austin Here I Come

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.