54 Rainey ST #415, Austin TX 78701
MLS #246020061 · Keller Williams Realty · Matt Cordova
About this home
Experience elevated downtown living at 54 Rainey St. #415, a beautifully renovated 1-bedroom, 1-bathroom condo. This 756-square-foot home has been thoughtfully upgraded to offer both style and comfort. The sleek kitchen features updated appliances, designer cabinetry, and stylish lighting, creating a modern space ideal for cooking and entertaining. The spa-inspired bathroom boasts a walk-in shower, enhanced by elegant tile work and contemporary fixtures, providing the perfect retreat after a day of urban exploration. Step onto your private balcony to enjoy serene views, or head to the rooftop pool to take in stunning panoramas of downtown Austin and Lady Bird Lake. The building’s exceptional amenities include a fully equipped gym, 24-hour concierge service, and impeccably maintained common areas—all complemented by some of the most affordable HOA fees in the downtown area. Situated in the heart of the vibrant Rainey Street district, this condo is steps away from Lady Bird Trail, offering easy access to biking, running, and waterfront activities. Rainey Street’s eclectic mix of restaurants, bars, and coffee shops ensures that dining and nightlife options are always close at hand. The property’s prime location provides seamless access to I-35, East Austin, South Congress, and beyond, making it a perfect choice for those seeking the ultimate urban lifestyle. Whether you're catching fireworks from the rooftop, grabbing a morning coffee, or enjoying a peaceful stroll along the trail, this home is the ideal blend of modern sophistication and Austin charm. All values are approximate and to be verified.
Property details
- Property type
- Residential · Condominium
- Status
- Active
- Year built
- 2005
- Full baths
- 1
- Lot size
- 0.0044
- Subdivision
- Milago Condo Amd
- MLS area
- DT
- MLS #
- 246020061
Features
Interior features
- Ceiling Fan(s)
- Quartz Counters
- Primary Bedroom on Main
Exterior features
- Balcony
Additional details
- Parking
- Covered, Guest, Off Street
- Garage spaces
- 1
- Roof
- Concrete
- Foundation
- Slab
- HOA
- $584 / monthly
- Annual tax
- $6,872
Location
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Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Mathews
- Middle
- O Henry
- High
- Austin
Comparable homes near 54 Rainey ST #415
Similar homes currently for sale nearby, ranked by distance.
Getting around
- Downtown Austin
- 0.8 mi
- Austin-Bergstrom Airport
- 6 mi
Straight-line distance, not drive time.
Market insights
Compared with 351 active homes in ZIP 78701 · HomeLocating listings
At $359,000, this home is priced 47% below the $675,000 median across 351 active homes in ZIP 78701, including other homes in Milago Condo.
Estimated monthly payment
Home price
$359,000
Down payment
20% ($71,800)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of Keller Williams Realty · Matt Cordova
Listing data last updated Oct 2, 2026, 11:46 PM
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