54 Rainey St #502, Austin, TX 78701

Austin
Local realty services provided by:ERA Brokers Consolidated
Listed by: michael frost
Office: compass re texas, llc.
MLS#:4776980
Source:ACTRIS
54 Rainey St #502,Austin, TX 78701
$849,500
  • 3 Beds
  • 2 Baths
  • 1,557 sq. ft.
  • Condominium
  • Active

Price summary

  • Price:$849,500
  • Price per sq. ft.:$545.6
  • Monthly HOA dues:$1,290

About this home

Perched on the fifth floor of The Milago, this exceptional 3-bed, 2-bath home offers breathtaking west-facing views of the Downtown Austin skyline and Lady Bird Lake. Inside, an open-concept floor plan is filled with natural light streaming through expansive windows that perfectly frame the panoramic views. Rich wood flooring extends throughout the living areas and all three bedrooms, while modern finishes and clean architectural lines create a contemporary feel. The kitchen is thoughtfully designed with granite countertops, stainless steel appliances, ample cabinetry, and a breakfast bar for casual dining, while a dedicated dining area provides the perfect setting for larger gatherings and dinner parties. Just beyond the living room, a private balcony invites you to enjoy morning coffee or evening cocktails overlooking the Austin skyline and Lady Bird Lake. The spacious primary suite serves as a peaceful retreat, featuring a spa-inspired ensuite bath with a soaking tub, walk-in...

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Home facts

  • Year built:2005
  • Subdivision & Development:Milago Condo Amd
  • Listing ID #:4776980
  • Updated:August 24, 2026 at 04:56 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Tile, Wood
  • Kitchen Description:Dishwasher, Electric Range, Microwave, Stainless Steel Appliance(s)
  • Living area:1,557 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Membrane
  • Year built:2005
  • Building area:1,557 sq. ft.
  • Lot area:0.01 Acres
  • Construction Materials:Masonry Partial, Stucco
  • Exterior Features:Balcony
  • Foundation Description:Slab

Schools

  • High school:Austin
  • Elementary school:Mathews

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$849,500
  • Price per sq. ft.:$545.6
  • Tax amount:$15,009 (2026)

Features and amenities

  • Appliances:Dishwasher, Electric Range, Microwave, Stainless Steel Appliance(s)

Parking

  • Total parking spaces:2
  • Parking description:Assigned, Garage, Secured
  • Garage:Yes
  • Garage spaces:2
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