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Austin · Milago Condo Amd

$550,000 83 days on market

54 Rainey St #706, Austin, TX 78701

  • 2bedrooms
  • 2bathrooms
  • 1,341sqft
  • 0.01acres
  • 2005year built

About this home

Located in the heart of the vibrant Rainey Street District, this exceptional residence at 54 Rainey offers one of the most breathtaking and unobstructed views in all of Austin. Unit 706 features two spacious bedrooms, two full bathrooms, a dedicated office, and an expansive open living area perfectly positioned to capture sweeping panoramic views of Lady Bird Lake and the downtown Austin skyline from nearly every angle. Floor-to-ceiling glass fills the home with natural light and creates a truly unmatched urban living experience.

Residents at 54 Rainey enjoy resort-style amenities including a stunning rooftop pool and lounge deck overlooking the city, state-of-the-art fitness center, yoga studio, dog park, concierge services, outdoor grilling and entertaining spaces, co-working areas, and beautifully designed resident lounges. Just steps from Austin’s top restaurants, nightlife, hike and bike trails, and waterfront activities, this is luxury downtown living at its finest.

Priced aggressively at just $550,000 and ready to sell. Seller financing may also be available for qualified buyers with as little as 0% down.

Property

Type
Condominium
Levels
One
Year built
2005
Lot size
0.01 acres
Subdivision
Milago Condo Amd
MLS #
ACT7656455

Inside

Bedrooms
2
Bathrooms
2
Living area
1,341 sqft

Outside / parking

Garage spaces
2
Waterfront
Yes

Schools

Elementary
Mathews
High school
Austin
District
Austin ISD

Costs

HOA
$965 / monthly
Est. annual taxes
$16,395 (2025)

Listing

First listed
May 11, 2026
Days listed
83
Status
Pending

Listed by Dustin Raye, Spyglass Realty · [email protected] · MLS# ACT7656455 · Pending

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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