54 Rainey ST #609 — photo 1
1 / 39
$530,000

54 Rainey ST #609, Austin TX 78701

2 bd·2 ba·1,164 sqft·$455/sqft

MLS #243698950 · Womack Real Estate LLC · Sherene Mayner

Market insights

Compared with 233 active homes in ZIP 78701 · HomeLocating listings

Area median price
$650,000
This home vs. median
18% below
Homes with a price cut
10%

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

Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

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.

Location

Loading map…

See this home in person

Request a tour

We confirm your time and reach out fast.

By providing your phone number, you agree to receive calls and text messages from Quality Property Group Inc regarding your inquiry and related property information. Consent is not a condition of purchase. Message frequency varies. Message & data rates may apply. Reply STOP to unsubscribe, HELP for help. Privacy Policy · Terms of Service

Prefer to talk? Call or text (512) 877-8688

Interested in this home?

Request info or schedule a tour — Walter will follow up within 24 hours.

By providing your phone number, you agree to receive calls and text messages from Quality Property Group Inc regarding your inquiry and related property information. Consent is not a condition of purchase. Message frequency varies. Message & data rates may apply. Reply STOP to unsubscribe, HELP for help. Privacy Policy · Terms of Service

By submitting, you agree to be contacted by HomeLocating. No spam, ever.

Listing courtesy of Womack Real Estate LLC · Sherene Mayner

Listing data last updated Aug 1, 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.

Call Now