Skip to main content

Austin · Milago Condo Amd

$989,000 64 days on market

54 Rainey St #1018, Austin, TX 78701

  • 3bedrooms
  • 2.5bathrooms
  • 1,956sqft
  • 0.01acres
  • 2005year built

About this home

Experience elevated downtown living at Milago, where style, space, and sweeping views come together in one exceptional residence. This beautifully appointed 3-bedroom, 2.5-bath condo offers nearly 2,000 square feet (1,956 SF) of light-filled living space in one of Austin’s most desirable waterfront buildings.

From the moment you enter, you’re greeted by expansive windows that flood the home with natural light and frame stunning views the downtown skyline and Lady Bird Lake. Rich wood flooring runs throughout, creating a warm, cohesive feel across the open-concept living and dining areas—perfect for entertaining or simply enjoying the view.

The gorgeous kitchen is both functional and refined, featuring quartz countertops, a custom backsplash, an extra-deep sink, and abundant cabinet space for effortless organization. Whether you’re hosting friends before a night out or preparing a quiet dinner at home, this kitchen is designed to impress.

The spacious primary suite offers a true retreat, complete with a luxurious ensuite bath boasting a double vanity, large soaking tub, and separate walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or a dedicated fitness or media space.

Located just steps from the Town Lake Trail, you’ll have immediate access to miles of scenic waterfront paths, along with some of Austin’s best dining, shopping, and entertainment. Residents of Milago enjoy premium amenities including a beautiful pool and a fully equipped fitness center.

This is downtown Austin living at its finest—spacious, sophisticated, and perfectly positioned to enjoy the best of the city.

Property

Type
Condominium
Levels
One
Year built
2005
Lot size
0.01 acres
Subdivision
Milago Condo Amd
MLS #
ACT2440461

Inside

Bedrooms
3
Bathrooms
2.5
Living area
1,956 sqft

Outside / parking

Garage spaces
2
Waterfront
Yes

Schools

Elementary
Mathews
High school
Austin
District
Austin ISD

Costs

HOA
$1,511 / monthly
Est. annual taxes
$17,804 (2026)

Listing

First listed
Mar 5, 2026
Days listed
64
Status
Active

Listed by Matt Holm, Compass RE Texas, LLC · [email protected] · MLS# ACT2440461 · Active

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

Interested in this home?

← Back to all listings

Call Text