
54 Rainey ST #608, Austin, TX 78701
MLS #248924655 · Brauman Realty, Inc · Joanne Flynn
About this home
Don't miss this rare opportunity to have the most beautiful and peaceful view of the downtown Austin skyline. This one bedroom condo also has a study with built-ins that can double as a guest room or a child's bedroom. Watch the fireworks from your balcony and see the infamous bats fly out from the congress bridge at dusk. The Trail and Lady Bird Lake are right out the back door. There is no other condo building so conveniently located for your outdoor activities - walking, running, biking, paddle boarding, kayaking and more. On Rainey St you will find a grocery store, med-spa, salon, fabulous restaurants and popular bars.
Property details
- Property type
- Residential · Condominium
- Status
- Active
- Year built
- 2005
- Full baths
- 1
- Lot size
- 0.005
- Subdivision
- Milago Condo Amd
- MLS area
- DT
- MLS #
- 248924655
Features
Interior features
- Breakfast Bar
- Elevator
- Entrance Foyer
- High Ceilings
- Primary Bedroom on Main
- No Interior Steps
- Bookcases
- Multiple Living Areas
- Study/Home Office
Exterior features
- Boat Ramp
- No Exterior Steps
Additional details
- Parking
- Garage, Reserved
- Garage spaces
- 1
- Roof
- Flat Tile
- Foundation
- Pillar/Post/Pier
- HOA
- $741 / monthly
Location
View Street ViewLoading map…
Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Mathews
- Middle
- O Henry
- High
- Austin
Comparable homes near 54 Rainey ST #608
Similar homes currently for sale nearby, ranked by distance.






Getting around
- Downtown Austin
- 0.7 mi
- Austin-Bergstrom Airport
- 6 mi
Straight-line distance, not drive time.
Market insights
Compared with 373 active homes in ZIP 78701 · HomeLocating listings
At $519,000, this home is priced 21% below the $657,000 median across 373 active homes in ZIP 78701, including other homes in Milago Condo.
Estimated monthly payment
Home price
$519,000
Down payment
20% ($103,800)
Loan details
30-yr fixed, 6.50%
Free & no obligation — we'll connect you with a trusted lender.
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.
See this home in person
Interested in this home?
Ask a question or schedule a tour — we’ll follow up within 24 hours.
Listing courtesy of Brauman Realty, Inc · Joanne Flynn
Listing data last updated Oct 25, 2026, 11:46 AM
Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided 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. © 2026 HomeLocating.com.