MLS# 2641435 – 54 Rainey Street #811, Austin, TX 78701

$349,000 - 1Br/1Ba - for Sale in Milago Condo Amd, Austin

Price: $349,000

Beds: 1

Baths: 1

Living Area SqFt: 756

Status: Active

Property Type: Condominium

Lot Size Acres: 0

Lot Size SqFt: 192

Year Built: 2005

Neighborhood: Milago Condo Amd

Days on Website: 99

Property listed by Brauman Realty, Inc 303-520-2955 {attribution_contact}

Property Description

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 looking 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.

Open House

Property Details and Features

Appliances & Equipment
WasherDryerStacked
FreeStandingElectricOven
FreeStandingElectricRange
FreeStandingRefrigerator

Bathrooms
1 total bathroom
1 full bathroom

Bedrooms
1 total bedroom
1 main level bedroom

Building
Built in 2005
Living area: 756.0
Building faces East
Levels: One
Construction Materials: Brick, Stone, Stucco

Community
BarLounge
BicycleStorage
Concierge
CommonGroundsArea
CommunityMailbox
Courtyard
ConferenceMeetingRoom
FitnessCenter
Gated
PackageService
PropertyManagerOnSite
Pool
StreetLights
Sidewalks
TrailsPaths

Disclosures
SellerDisclosure

Accessibility Features
None

Exterior Features
Balcony
SeeRemarks

Fence
None

Floors
Tile
Wood

Foundation
PillarPostPier

Garage
1 spaces

Heating
Electric

Home Owner’s Association
Association Fee: $627
Fee Frequency: Monthly
Fee Includes: CommonAreaMaintenance, Insurance, MaintenanceGrounds, MaintenanceStructure, Parking, Security
Amenities: Concierge

Interior Features
BreakfastBar
OpenFloorplan
SeeRemarks

Laundry
LaundryCloset
InUnit
Stacked

Listing
Listing ID: 2641435
Standard Status: Active
MLS Status: Active
Property Subtype: Condominium
On market as of 2026-06-05
99 days on market
Special Conditions: Standard

Location
Subdivision: Milago Condo Amd
MLS Area (Major): DT
County/Parish: Travis

Lot
0.0044 acres
ManyTrees
SeeRemarks

Parking
1 covered spaces
Garage
Gated
Covered
Guest

Pool
None
Community

Possession
CloseOfEscrow

Property
Resale
Neighborhood

Roof
BuiltUp

Schools
Elementary School: Mathews
Elementary School District: Austin ISD
Middle School: O Henry
Middle School District: Austin ISD
High School: Austin
High School District: Austin ISD

Sewer
PublicSewer

Taxes
Parcel Number: 02030313290000
Annual Amount: $6,936.97
Assessed Value: $338,970
Legal Description: UNT 811 MILAGO CONDOMINIUMS AMENDED PLUS .287 % INT IN COM AREA
Lot: 811
Year: 2025

Utilities
CableAvailable
ElectricityAvailable
SewerConnected
WaterAvailable
Water Source: Public

Water Features
Water Body Name: Lady Bird Lake
LakeFront
RiverFront

Property Map

$349,000 – 54 Rainey Street #811, Austin, TX 78701

Street View

Nearby Schools

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Listings courtesy of the Austin Board of REALTORS® as distributed by MLS GRID, based on information submitted to the MLS GRID as of September 12, 2026 1:40PM. Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.