Austin · Milago Condo Amd
$825,000 74 days on market
Reduced from $849,500
· −2.9%
54 Rainey St #502, Austin, TX 78701
- 3bedrooms
- 2bathrooms
- 1,557sqft
- 0.01acres
- 2005year built
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 shower, and a custom walk-in closet. Two additional bedrooms offer flexibility for guests, a home office, or additional living space. Residents of Milago enjoy an exceptional collection of amenities, including 24-hour concierge service, secure garage parking, a rooftop pool deck with panoramic views, a fitness center, club room, private event terrace, and dedicated on-site storage. With direct access to the Lady Bird Lake Trail and countless restaurants, coffee shops, and entertainment options just beyond your door on Rainey Street, this residence offers the very best of Austin city living.
Property
- Type
- Condominium
- Levels
- One
- Year built
- 2005
- Lot size
- 0.01 acres
- Subdivision
- Milago Condo Amd
- MLS #
- ACT4776980
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,557 sqft
Outside / parking
- Garage spaces
- 2
Schools
- Elementary
- Mathews
- High school
- Austin
- District
- Austin ISD
Costs
- HOA
- $1,290 / monthly
- Est. annual taxes
- $18,466 (2026)
Listing
- First listed
- Aug 12, 2026
- Days listed
- 74
- Original price
- $849,500
- Status
- Active
Listed by Michael Frost, Compass RE Texas, LLC · [email protected] · MLS# ACT4776980 · Active
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