54 Rainey St Unit 1215
Austin, TX 78701
- 1 bed
- 1 bath
- 756 sqft
- 191 sqft lot
- $608 per sqft
- 2005 build
- – on site
This unique one bedroom, one bath Milago Condo on Lady Bird Lake captures the morning sun on the covered balcony and in every room. It has wonderful natural light throughout the day streaming into the living areas and bedroom. Granite Counters, Stainless Appliances, Full Size Stack Whirlpool W/D, Wood Floors, Motorized Solar Shades, Custom Walk-in Closet and NEW 2024 HVAC. Milago is located in the popular Rainey St Historical District in Austin on Lady Bird Lake with restaurants, a med spa, a hair salon and a boutique grocery store conveniently located right across the street. There is plenty of vibrant nightlife with more restaurants and live music venues within walking distance. Milago has 24 Hour Front Desk Staff and On-Site Professional Management. Bike, Paddle Board, Kayak, Run, Walk, have dinner and a cocktail and listen to live music - your choice! It doesn’t get any better. Milago Condominium is an amazing value in the downtown Austin area. It's the only residential building situated directly on Lady Bird Lake and blends the tranquility of nature with the conveniences of modern living. Reserved Pkg Space #B24 The furniture is available and negotiable.
Last checked:
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Last updated Mar 29, 2025
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MLS# 5232714 —
This home is listed in more than one place. See it here.
The Building
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Year Built:2005
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Unit Number:1215
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Unit Style:High Rise (8-13 Stories)
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New Construction:false
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Roof:Built-Up
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Foundation:Pillar/Post/Pier
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Exterior Features:Balcony
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Accessibility Features:Common Area
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Patio And Porch Features:Covered
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Window Features:Solar Screens
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Levels:One
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Direction Faces:East
Interior
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Interior Features:Breakfast Bar
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Living:1
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Dining:1
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Flooring:Tile
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Laundry Location:In Unit
Room Dimensions
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Living Area:756
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Living Area Source:Public Records
Financial & Terms
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Possession:Close Of Escrow
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Restrictions:Covenant
Location
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Latitude:30.257349
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Longitude:-97.739403
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Directions:From Cesar Chavez, turn South on Red River, left on Driskill or Davis, Right on Rainey St. Milago is at the very end of Rainey on the right. There is Guest Parking in the garage to the right of the Milago front door. Or there is 15 min parking allowed right in front of the building.
The Property
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Property Type:Residential
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Subtype:Condominium
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Parcel Number:02030314200000
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Property Condition:Resale
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Property Attached:true
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Other Structures:None
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Lot Features:Trees-Large (Over 40 Ft)
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Lot Size Acres:0.0044
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Lot Size Area:0 Sqft
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Lot Size SqFt:191 Sqft
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SqFt Total:756 Sqft
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View:Skyline
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Waterfront:true
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Waterfront Features:Lake Front
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Water Body Name:Lady Bird Lake
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Horse:false
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Additional Parcels:false
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Fencing:None
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FEMA Flood Plain:See Remarks
Listing Agent
- Contact info:
- Agent phone:
- (512) 633-7015
- Office phone:
- (512) 770-6300
Taxes
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Tax Annual Amount:$7,356.02
Beds
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Bedrooms Total:1
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Main Level Bedrooms:1
Baths
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Total Baths:1
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Total Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
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Occupant Type:Owner
Heating & Cooling
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Heating:Electric
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Cooling:Ceiling Fan(s)
Utilities
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Utilities:See Remarks
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Mathews
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Elementary School District:Austin ISD
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Middle School:O Henry
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Middle School District:Austin ISD
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High School:Austin
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High School District:Austin ISD
The Community
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Subdivision Name:Milago Condo Amd
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Association Name:Milago Condominiums
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Association Fee:$522
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Association Fee Includes:Common Area Maintenance
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Association Fee Frequency:Monthly
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Community Features:BBQ Pit/Grill
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Pool Private:false
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Pool Features:None
Parking
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Parking Features:Garage
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Garage:true
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Attached Garage:false
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Garage Spaces:1
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Covered Spaces:1
Monthly cost estimate

Asking price
$460,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,463
|
Taxes | $613 |
Insurance | $126 |
HOA fees | $522 |
Utilities | $96 See report |
Total | $3,820/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.