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54 Rainey St , #1018

Austin, TX 78701
  • $999,000
  • STATUS: Active
  • MLS #: 5853750
UPDATED: 65 min ago
$999,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,956
    SQFT
  • $511
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2006
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Karen Prager of Urbanspace: (512) 457-8884.

Description

Ideally situated on a high floor of the Milago, this expansive 1,956 SF corner residence offers unobstructed views of the Austin skyline and Lady Bird Lake. With a flexible layout featuring three bedrooms (or two with home office or study) this home is thoughtfully designed for both comfort and sophistication. The open-concept living and dining areas flow into the kitchen with generous counter space, stainless steel appliances, and a large pantry. The primary suite is a true retreat, complete with a walk-in closet, private balcony, and a spacious spa-like bath featuring a soaking tub, glass-enclosed shower, dual vanity, and great storage. The second bedroom includes its own en-suite bath, providing comfort and privacy for guests. Additional features include two reserved parking spaces and a private storage unit. Perhaps one of the best secrets in town, The Milago is located on the quiet end of Rainey Street with direct access to the Hike & Bike Trail while being steps away from restaurants, bars, and entertainment, offering a rare balance of lakeside calm and downtown connectivity. The building's full-service amenities include a 24-hour concierge, rooftop pool and spa, fitness center, business center, third-floor terrace with BBQ and seating, and secure bike storage.

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© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.The information 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. Data last updated: 2025-12-05T12:00:38.143.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2025-12-05T12:00:38.143 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.sapphirepropertiesteam.com/homes/165679662
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54 Rainey St , #1018 Austin, TX 78701

  • Price: $999,000
  • Status: Active
  • On Site: Days
  • Updated: 65 min ago
  • MLS #: 5853750
3
Beds
2
Baths
1
½ Baths
N/A
Acres
1,956
SQFT
$511
$/SQFT
2006
Built
Neighborhood:
Milago Condominium
County:
Travis
Area:
Austin
Elementary School:
Mathews
Middle School:
O Henry
High School:
Austin
School District:
Austin ISD
Property Description
Ideally situated on a high floor of the Milago, this expansive 1,956 SF corner residence offers unobstructed views of the Austin skyline and Lady Bird Lake. With a flexible layout featuring three bedrooms (or two with home office or study) this home is thoughtfully designed for both comfort and sophistication. The open-concept living and dining areas flow into the kitchen with generous counter space, stainless steel appliances, and a large pantry. The primary suite is a true retreat, complete with a walk-in closet, private balcony, and a spacious spa-like bath featuring a soaking tub, glass-enclosed shower, dual vanity, and great storage. The second bedroom includes its own en-suite bath, providing comfort and privacy for guests. Additional features include two reserved parking spaces and a private storage unit. Perhaps one of the best secrets in town, The Milago is located on the quiet end of Rainey Street with direct access to the Hike & Bike Trail while being steps away from restaurants, bars, and entertainment, offering a rare balance of lakeside calm and downtown connectivity. The building's full-service amenities include a 24-hour concierge, rooftop pool and spa, fitness center, business center, third-floor terrace with BBQ and seating, and secure bike storage.
Exterior Features

Attached Garage YN No Covered Spaces 2 Direction Faces NW Exterior Features Balcony Fencing None Foundation Details Pillar/Post/Pier Garage YN Yes Levels One Lot Features LandscapedLevelMany TreesViews Other Structures None Parking Features AssignedGarageGated Patio And Porch Features Covered Roof Built-Up View CityDowntownHill CountryLakeSkylineSee Remarks Water Body Name Lady Bird Lake Waterfront Features Lake Front Waterfront YN Yes

Interior Features

Appliances Built-In Electric OvenBuilt-In Electric RangeBuilt-In RangeDishwasherDisposalMicrowaveRefrigeratorWasher/Dryer StackedElectric Water Heater Cooling Central AirElectric Fireplaces Total 0 Flooring TileWood Heating CentralElectric Interior Features Breakfast BarCeiling Fan(s)High CeilingsQuartz CountersDouble VanityOpen FloorplanPrimary Bedroom on MainStackable W/D ConnectionsStorageWalk-In Closet(s) Laundry Location In HallLaundry Closet Main Level Bedrooms 3 Num Dining 1 Num Living 2 Window Features BlindsWindow CoveringsWindow Treatments

Property Features

Accessibility Features See Remarks Additional Parcels YN No Association Fee 1511 Association Fee Frequency Monthly Association Fee Includes Common Area MaintenanceMaintenance GroundsMaintenance StructureParkingSecurity Association YN Yes Community Features BBQ Pit/GrillBike Storage/LockerBusiness CenterCluster MailboxCommon GroundsConciergeConference/Meeting RoomControlled AccessCurbsElectronic PaymentsFitness CenterGarage ParkingGatedLakeLock and LeaveLoungePackage ServiceParkPoolProperty Manager On-SiteRecycling Area/CenterRooftop LoungeSpa/Hot TubStorageStreet LightsSundeck Estimated Taxes 12107 Fema Flood Plain See Remarks Horse YN No Listing Terms CashConventional New Construction YN No Pool Features See Remarks Pool Private YN No Property Attached YN Yes Property Condition See Remarks Property Sub Type Condominium Sewer Public Sewer Special Listing Conditions Standard Unit Style High Rise (8-13 Stories)Single level Floor PlanElevatorEnd Unit Utilities Electricity AvailableSee Remarks Water Source Public



© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.The information 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. Data last updated: 2025-12-05T12:00:38.143.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2025-12-05T12:00:38.143 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Sapphire Properties Team | Keller Williams Real Estate
1801 South MoPac Expressway
Austin TX, 78746
Property listed by Karen Prager of Urbanspace: (512) 457-8884.