54 Rainey Street 713, Austin, TX

$499,900

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2

Beds

2

Baths

1,164

Square feet

0.01

Acres

About 54 Rainey Street 713

Special Financing Options Available! Welcome to Milago, the pinnacle of happiness living in the heart of Downtown Austin! Situated directly on the banks of Lady Bird Lake, Milago offers rare and direct access to the Hike & Bike Trail—just steps outside the building’s doors. As one of the only buildings in Austin located right on the trail, it provides the perfect blend of city convenience and lakeside tranquility, placing you moments away from the best dining, entertainment, and outdoor activities Austin has to offer. Step into the spacious, open-concept floor plan featuring rich hardwood floors throughout the kitchen and living areas, creating a warm and inviting atmosphere. The kitchen is a chef’s dream, boasting upgraded tile backsplash, stainless steel appliances, a built-in wine fridge, and a center island perfect for entertaining. The living area flows seamlessly to a covered patio, where you can unwind while taking in the vibrant energy of Rainey Street. The thoughtfully designed layout ensures privacy and comfort, with each bedroom located on opposite sides of the unit, each with its own bathroom and spacious walk-in closet. The primary suite features an upgraded built-in closet system, adding both style and functionality. Natural light floods the unit through large, operable windows, offering sweeping views of Downtown Austin, Lady Bird Lake, and the scenic Hill Country. Milago offers a full suite of premium amenities, including a 24/7 concierge, a rooftop pool and hot tub with panoramic views, an outdoor lounge with grilling stations, a state-of-the-art fitness center, and a stylish club room. Two reserved garage parking spaces, conveniently located near the elevator, and a storage unit are also included for added convenience. Experience the perfect blend of nature and city living at Milago – where you can enjoy the tranquility of lakeside greenery while being steps away from Austin’s vibrant nightlife and dining scene.

Features of 54 Rainey Street 713

MLS® # 1870432
Price $499,900
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,164
Acres 0.01
Year Built 2005
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 54 Rainey Street 713
Area DT
Subdivision Milago Condo Amd
City Austin
County Travis
State TX
Zip Code 78701

Amenities

Amenities Concierge
Utilities Electricity Available, Phone Available, Water Available, See Remarks
Features Barbecue, Pool, Bar/Lounge, Concierge, Deck/Porch, Fitness Center, Rooftop Lounge
Parking Additional Parking, Assigned
Garage Spaces 2
View Hills, Panoramic, City, Lake
Is Waterfront Yes
Waterfront River Front
Has Pool Yes

Interior

Interior Tile, Wood
Appliances Built-In Oven, Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Disposal, Gas Range, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Dryer, Electric Cooktop, Washer
Heating Electric
Fireplace No
Fireplaces None
# of Stories 1
Stories One

Exterior

Exterior Features No Exterior Steps, Balcony
Lot Description See Remarks, Views
Roof Shingle, See Remarks
Construction Masonry, See Remarks
Foundation Slab, See Remarks

School Information

District Austin ISD
Elementary Mathews
Middle O Henry
High Austin

Additional Information

Date Listed March 19th, 2025
Days on Market 208
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty
Contact Info(512) 522-9715

Listing Map

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