54 Rainey ST #811 Austin, TX 78701 Price Dropped by $10K

UPDATED: 10/15/2026 09:02 PM ON MARKET: 135 days on market

$339,000

1 Bed1 Bath756 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 756 sqft

Price per Sqft $448

Subdivision Milago Condo Amd

MLS Listing ID 2641435

Style High Rise (8-13 Stories)

Bedrooms 1

Full Baths 1

HOA Fees $627/mo

HOA Y/N Yes

Year Built 2005

Annual Tax Amount $6,936

Tax Year 2025

Lot Size 191 Sqft

Acres 0.0044

Property Sub-Type Condominium

Source actris

Location

State TX

County Travis

Rooms

Main Level Bedrooms 1

Interior

Interior Features See Remarks,Breakfast Bar,Open Floorplan

Heating Electric

Cooling Electric

Flooring Tile,Wood

Fireplace No

Appliance Free-Standing Electric Oven,Free-Standing Electric Range,Free-Standing Refrigerator,Washer/Dryer Stacked

Exterior

Exterior Feature See Remarks,Balcony

Garage Spaces 1.0

Fence None

Pool None

Community Features Bike Storage/Locker,Cluster Mailbox,Common Grounds,Concierge,Conference/Meeting Room,Controlled Access,Courtyard,Covered Parking,Fitness Center,Garage Parking,Gated,Lock and Leave,Lounge,Package Service,Pool,Property Manager On-Site,Recycling Area/Center,Sidewalks,Hot Tub,Street Lights,Trail(s)

Utilities Available Cable Available,Electricity Available,Sewer Connected,Water Available

Waterfront Description Lake Front,River Front

View Neighborhood

Roof Type Built-Up

Porch See Remarks,Covered

Total Parking Spaces 1

Private Pool No

Building

Lot Description See Remarks,Many Trees

Faces East

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Stone,Stucco

New Construction No

Schools

Elementary Schools Mathews

Middle Schools O Henry

High Schools Austin

School District Austin Isd

Others

HOA Fee Include Common Area Maintenance,Insurance,Landscaping,Maintenance Grounds,Maintenance Structure,Parking,Security

Special Listing Condition Standard

Property Description

Sunday Open House 12-3. 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

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 10/18/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Data last updated: 10/18/2026 06:13