54 Rainey Street 1218, Austin


3 Beds
3 Baths
1,956 Sqft
.01 Acre
2 Garages

READ ALL OF THESE REMARKS: You will not find a downtown Austin condo with a better combination of amenities, turn-key-updates, modern styling, unadulterated views, convenience, size, space, all in an exciting and peaceful location. I am also sure that you won't find a 3 bedroom condo at a better value! This recently remodeled CORNER UNIT in The Milago Condominiums is a very rare 3 bedroom orientation, with a whopping 1956 square feet! The Milago is one of the best kept secrets in Austin condominium living. Bordering the Waller Beach Metropark, The Milago is the only high rise with direct, unobstructed access to the Hike & Bike trail. You don't even cross a street...you just simply walk out the back door of the building and BOOM...you're there...standing along the edge of Lady Bird Lake. The Milago has all the amenities you'd come to expect from living in a downtown high rise: Rooftop pool, business center, top shelf gym, security, relaxing common areas, etc. It also sits at the South (quiet!) end of Rainey Street Historic/Entertainment District, which allows you to enjoy a wide range of entertainment and dining options. The unit is in pristine shape, provides a modern "open concept floorplan", and is move in ready, with a recently remodeled kitchen and master bath, along with other updates throughout. Truly a "turn key" option, this property offers TWO primary suites (with ensuite full baths), and a 3rd bedroom directly off the main living area that can be utilized as a bedroom, office, yoga studio, media room, art studio. etc. You're only limited by your imagination. The TWO outdoor patios (one off of the main living area, another off the 1st Primary Suite) offer unobstructed views of the entire Austin skyline and Lady Bird Lake. Two parking spaces that literally straddle the elevator access in the garage, are also included. Since this unit 10 steps from the elevator, you can get from your 12th floor condo to your vehicle in less than 20 steps. Come see it ASAP!

Essential Information
MLS® #4111361
Full Baths2
Half Baths1
Square Footage1,956
Year Built2005
Community Information
Address54 Rainey Street 1218
SubdivisionMilago Condo Amd
Zip Code78701
Garage Spaces2
GaragesGarage Door Opener
ViewCity, Lake, River
Is WaterfrontYes
WaterfrontLake Front
Has PoolYes

Cable Connected, Electricity Connected, Fiber Optic Available, Phone Connected, Sewer Connected, Water Connected


Business Center, Common Grounds/Area, Community Mailbox, Fitness Center, Sidewalks, Trails/Paths, Curbs, Bicycle Storage, Concierge, Gated, Storage Facilities


Attached, Garage, Garage Door Opener, Gated, Lighted, Covered, Assigned, Common, Guest, Secured

InteriorTile, Wood
HeatingCentral, Electric
# of Stories1

Built-In Electric Oven, Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Electric Cooktop, Exhaust Fan, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Built-In Electric Range

Exterior FeaturesBalcony, Dog Run
ConstructionConcrete, Glass
Lot Description

Backs to Greenbelt/Park, Near Public Transit

School Information
DistrictAustin ISD
MiddleO Henry
Additional Information
Date ListedMarch 29th, 2024
Days on Market21
Listing Details
Office Contact(512) 850-5717
Property History
Price Reduced from $1,100,000 to $1,099,999

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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® (alternatively, from ACTRIS) from April 19th, 2024 at 2:03pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. 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. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.