54 Rainey Street #1018
Austin, TX 78701
1956 sqft | 3 beds | 2.5 baths | #5853750
Description
Ideally situated on a high floor of the Milago, this expansive 1,956 SF corner residence offers unobstructed views of the Austin skyline and Lady Bird Lake. With a flexible layout featuring three bedrooms (or two with home office or study) this home is thoughtfully designed for both comfort and sophistication. The open-concept living and dining areas flow into the kitchen with generous counter space, stainless steel appliances, and a large pantry. The primary suite is a true retreat, complete with a walk-in closet, private balcony, and a spacious spa-like bath featuring a soaking tub, glass-enclosed shower, dual vanity, and great storage. The second bedroom includes its own en-suite bath, providing comfort and privacy for guests. Additional features include two reserved parking spaces and a private storage unit.
Perhaps one of the best secrets in town, The Milago is located on the quiet end of Rainey Street with direct access to the Hike & Bike Trail while being steps away from restaurants, bars, and entertainment, offering a rare balance of lakeside calm and downtown connectivity. The building's full-service amenities include a 24-hour concierge, rooftop pool and spa, fitness center, business center, third-floor terrace with BBQ and seating, and secure bike storage.
Property Details
- InteriorBreakfast Bar, Ceiling Fans, Double Vanity, High Ceilings, MainLevelPrimary, Open Floorplan, Quartz Counters, Storage, Walk In C
- Lot DescriptionLandscaped, Level, Many Trees, Views
- Utility FeaturesElectricity Available
- SubdivisionMilago Condominium
- FoundationPillar Post Pier
- ViewCity, Hills, Lake
- Sewer InformationPublic Sewer
- Property SubtypeCondominium
- School DistrictAustin ISD
- Original List Price$1,079,000
- Property TypePurchase
- Exterior MaterialsBalcony
- Elementary SchoolMathews
- Middle SchoolO Henry
- MLS #5853750
- Cost1079000
- MLS #5853750
- Utility SourcePublic
- High SchoolAustin
- CountyTravis
- Square Feet1956
- Year Built2006
- Hoa Fees1511
- Bathrooms2.5
- Days on Market (Cumulative)157
- Bedrooms3
- Full Baths2
- Half Baths1
- Parking Spaces2
Location
Legal
Based on information submitted to the MLS GRID as of 2025-07-09 14:37:58 UTC. 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 or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. 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.
Last Updated:Â . Source: ACTRIS
Listing Courtesy
Listing Agent: Karen Prager (#739700), Phone: (512) 457-8884
Listing Office: Urbanspace (#2485)

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