54 Rainey ST #609, Austin TX 78701
MLS #243698950 · Womack Real Estate LLC · Sherene Mayner
About this home
Experience elevated downtown living at Milago, one of Austin's premier waterfront high-rises in the heart of the vibrant Rainey Street District. This beautifully updated 2-bedroom, 2-bath residence offers an open-concept floor plan with rich wood flooring, abundant natural light, and contemporary finishes throughout. The renovated kitchen features white shaker cabinetry, granite countertops, stainless steel appliances, a stylish herringbone tile backsplash, and a spacious breakfast bar that seamlessly connects to the living and dining areas, perfect for entertaining. The generous living space opens to large windows that fill the home with natural light while creating a bright and inviting atmosphere. The primary suite offers a private retreat with an en-suite bath and ample closet space, while the secondary bedroom provides flexibility for guests, a home office, or additional living needs. Refrigerator, washer, and dryer convey. Milago residents enjoy exceptional amenities, including 24-hour concierge service, a rooftop pool and spa, fitness center, clubroom, and direct access to the Hike-and-Bike Trail and Lady Bird Lake. Building enhancements are currently underway, including updated hallways, a fully renovated clubroom, and new elevators, further enhancing the property's value and appeal.Enjoy walkable access to Austin's best dining, entertainment, nightlife, and outdoor recreation, all just steps from your front door. This is downtown Austin living at its finest.
Property details
- Property type
- Residential · Condominium
- Status
- Active
- Year built
- 2005
- Full baths
- 2
- Lot size
- 0.0067
- Subdivision
- Milago Condo Amd
- MLS area
- DT
- MLS #
- 243698950
Features
Interior features
- Breakfast Bar
- Ceiling Fan(s)
- High Ceilings
- Granite Counters
- Double Vanity
- Electric Dryer Hookup
- Eat-in Kitchen
- Kitchen Island
- Open Floorplan
- Smart Thermostat
- Walk-In Closet(s)
- Washer Hookup
Exterior features
- Balcony
Additional details
- Parking
- Assigned, Electric Gate, Gated, Guest, Reserved
- Garage spaces
- 2
- Roof
- Membrane
- Foundation
- Slab
- HOA
- $964 / monthly
- Annual tax
- $9,619
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 #609
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 351 active homes in ZIP 78701 · HomeLocating listings
At $465,000, this home is priced 31% below the $675,000 median across 351 active homes in ZIP 78701, including other homes in Milago Condo.
Estimated monthly payment
Home price
$465,000
Down payment
20% ($93,000)
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 Womack Real Estate LLC · Sherene Mayner
Listing data last updated Oct 2, 2026, 11:46 PM
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