54 Rainey ST #811, Austin TX 78701
MLS #243051623 · Brauman Realty, Inc · Joanne Flynn
About this home
Live ON the lake and trail. Enjoy the best of downtown Austin living in this pristine condo with 1-Bedroom, 1-Bath + Balcony at Milago Condominiums. Located on vibrant Rainey St. with direct access to Lady Bird Lake & Trail, this residence offers a spacious open floor plan, natural light, a balcony looking down on Rainey St. and a reserved parking space in the gated garage. Amenities include a rooftop pool and spa, 2nd floor fitness center and party/club room, and 1st floor lounge leading out to a private patio, the trail and the lake. Top notch concierge service and secure access 24/7. Walk to dining, entertainment, nightlife and outdoor recreation while enjoying a convenient lock-and-leave lifestyle. Milago is the only downtown condo building that is right on Lady Bird Lake and in the popular Rainey Street Historical District. Rsvd Garage Parking Space #A115
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 #
- 243051623
Features
Interior features
- See Remarks
- Breakfast Bar
- Open Floorplan
Exterior features
- See Remarks
- Balcony
Additional details
- Parking
- Garage, Gated
- Garage spaces
- 1
- Roof
- Built-Up
- Foundation
- Pillar/Post/Pier
- HOA
- $627 / monthly
- Annual tax
- $6,936
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 #811
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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 $349,000, this home is priced 48% below the $675,000 median across 351 active homes in ZIP 78701, including other homes in Milago Condo.
Estimated monthly payment
Home price
$349,000
Down payment
20% ($69,800)
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 Brauman Realty, Inc · Joanne Flynn
Listing data last updated Oct 2, 2026, 11:46 PM
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