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54 Rainey St Unit 1203

Austin, TX 78701

1 bed
1 bath
865 sqft
217 sqft lot
$519 per sqft
2005 build
– on site

Discover Your Urban Oasis at Milago Condos in the heart of Downtown Austin. Milago was the first downtown waterfront building on Rainey Street. This meticulously cared for 865sqft one-bedroom, one-bath condo with a den offers the perfect blend of sophistication and comfort. With large windows to let in natural light and an open concept kitchen, living and dining, the property provides a tranquil escape from the bustling urban landscape. The community features many amenities including a rooftop pool and hot tub with grills overlooking Lady Bird Lake and the beautiful downtown skyline, a landscaped courtyard on the 3rd floor with additional grilling area, conference room, or entertain guests in the stylishly appointed clubroom. With a state-of-the-art fitness center and 24-hour concierge service, Milago ensures your easy living coupled with upscale amenities. Experience the best of Austin living right outside your door. Immerse yourself in the vibrant culture of Rainey Street, where eclectic dining, lively bars, and entertainment options abound. Explore the trails of Lady Bird Lake right outside your building, kayak or paddle on the lake, or catch a live music performance on Sixth Street – the possibilities are endless. Don't miss this rare opportunity to own a piece of Austin's dynamic lifestyle. Schedule your private tour of Milago Condos today and discover the urban oasis you've been searching for.

Listing courtesy of ABOR / Noa Levy / eXp Realty, LLC

Last checked: Checking… • Last updated Mar 3, 2025 •

MLS# 4535376 —

The Building

Year Built:

2005
Unit Number:

1203
Unit Style:

High Rise (8-13 Stories)
New Construction:

false
Roof:

See Remarks
Foundation:

Slab
Exterior Features:

None
Accessibility Features:

None
Patio And Porch Features:

None
Window Features:

Shutters
Levels:

One
Direction Faces:

East

Interior

Interior Features:

No Interior Steps
Living:

1
Dining:

1
Flooring:

Tile
Laundry Location:

In Unit

Room Dimensions

Living Area:

865
Living Area Source:

Public Records

Financial & Terms

Possession:

Close Of Escrow
Restrictions:

Deed Restrictions

Location

Latitude:

30.257382
Longitude:

-97.739444
Directions:

From Downtown, head East towards I 35. Turn right on Red River, turn left on Davis St, turn right on Rainey St. Condo is towards the end of the street.

The Property

Property Type:

Residential
Subtype:

Condominium
Parcel Number:

02030314090000
Property Condition:

Resale
Property Attached:

true
Other Structures:

None
Lot Features:

None
Lot Size Acres:

0.005
Lot Size Area:

0 Sqft
Lot Size SqFt:

217 Sqft
SqFt Total:

865 Sqft
View:

City
Waterfront:

false
Waterfront Features:

None
Horse:

false
Additional Parcels:

false
Fencing:

None
FEMA Flood Plain:

No

Listing Agent

Contact info:

Beds

Bedrooms Total:

1
Main Level Bedrooms:

1

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Vacant
Virtual Tour

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Dishwasher

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

The Community

Subdivision Name:

Milago Condo Amd
Association Name:

Milago Hoa
Association Fee:

$667
Association Fee Includes:

Common Area Maintenance
Association Fee Frequency:

Monthly
Community Features:

BBQ Pit/Grill
Pool Private:

false
Pool Features:

None

Parking

Parking Features:

Assigned
Garage:

true
Attached Garage:

true
Garage Spaces:

1
Covered Spaces:

1

Monthly cost estimate

Asking price

$449,000

Expense	Monthly cost
Mortgage	$2,404
Taxes	N/A
Insurance	$123
HOA fees	$667
Utilities	$101 See report
Total	$3,295/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
2/6/25 Feb 6, 2025	Listed / Active	ABOR	$449,000

Condo For Sale

$449,000

HOA

$667/mo.

Cost Est.

$3,295/mo.

Listing provided by broker:

Noa Levy

eXp Realty, LLC

(512) 659-3898

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This condo located in Central Austin, Austin, TX 78701 is currently for sale for $449,000. 54 Rainey St Unit 1203 is a 865 square foot condo with 1 bed and 1 bath that has been on Estately for 26 days. 54 Rainey St Unit 1203 is in the Central Austin neighborhood of Austin and has a WalkScore® of 87, making it very walkable. This condo is in the attendance area of Austin High School and Mathews Elementary School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.