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54 Rainey St #1018

Austin, TX 78701
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3 Bedroom(s)
2 Full & 1 Half Bath(s)
1,956 Sqft
492 Lot Sqft
Residential - Condominium

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Description

Experience elevated downtown living at Milago, where style, space, and sweeping views come together in one exceptional residence. This beautifully appointed 3-bedroom, 2.5-bath condo offers nearly 2,000 square feet (1,956 SF) of light-filled living space in one of Austin’s most desirable waterfront buildings. From the moment you enter, you’re greeted by expansive windows that flood the home with natural light and frame stunning views the downtown skyline and Lady Bird Lake. Rich wood flooring runs throughout, creating a warm, cohesive feel across the open-concept living and dining areas—perfect for entertaining or simply enjoying the view. The gorgeous kitchen is both functional and refined, featuring quartz countertops, a custom backsplash, an extra-deep sink, and abundant cabinet space for effortless organization. Whether you’re hosting friends before a night out or preparing a quiet dinner at home, this kitchen is designed to impress. The spacious primary suite offers a true retreat, complete with a luxurious ensuite bath boasting a double vanity, large soaking tub, and separate walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or a dedicated fitness or media space. Located just steps from the Town Lake Trail, you’ll have immediate access to miles of scenic waterfront paths, along with some of Austin’s best dining, shopping, and entertainment. Residents of Milago enjoy premium amenities including a beautiful pool and a fully equipped fitness center. This is downtown Austin living at its finest—spacious, sophisticated, and perfectly positioned to enjoy the best of the city.

MLS#
ABORTX-2440461
List Price
$989,000 ($506/Sqft.)
Listing Status
For Sale
Address
54 Rainey St #1018
Unit No.
1018
City
Austin
State
TX
Zip Code
78701
County
Travis County
Building Name
Milago Condo
Legal Description
UNT 1018 MILAGO CONDOMINIUMS AMENDED PLUS .742 % INT IN COM AREA
Property Type
Residential - Condominium
Bedroom
3 Bedroom(s)
Bath
2 Full & 1 Half Bath(s)
Garages
2 / Appraisal District
Stories
1
Building Size
1,956 Sqft/Public Records
Year Built
2005 /Public Records
Lot Size
492 Sqft/Appraisal District
Maintenance Fee
$1,511 / Monthly

Interior

Number Of Living Area
1
Number Of Dining Area
1
Heating
Central
Window
Double Pane Windows
Appliances
Built-In Electric Range, Dishwasher

Exterior

Roof
Built-Up
Foundation
Pillar/Post/Pier
Private Pool
No
Exterior Type
Brick, Stone, Stucco
Parking
Garage, Reserved
Parking Space
Garage 2 / Parking 2
Front Door Face
NW
Views
City,Downtown,Hill Country,Lake,Skyline
Area Pool
Yes
Exterior
Balcony

Extra details you may need to know

Dwelling Type
High Rise (8-13 Stories)
Community Features
BBQ Pit/Grill,Bike Storage/Locker,Business Center,Concierge,Fitness Center,Garage Parking,Pool,Walk/Bike/Hike/Jog Trail(s)

Financial information

Maintenance Fee
$1511.00/Monthly

Lot Information

Lot Size
492 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

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Source last updated May 18, 2026 at 02:44 AM
Listing last updated May 14, 2026 at 12:08 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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