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54 Rainey St , #1018

Austin, TX 78701
  • $989,000
  • STATUS: Active
  • MLS #: 2440461
UPDATED: 39 min ago
$989,000
  • 3
    BEDS
  • 0.01
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,956
    SQFT
  • $506
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2005
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Matt Holm of Compass RE Texas, LLC: (512) 769-1695.

Description

Experience elevated downtown living at Milago, where style, space, and sweeping views come together in one exceptional residence. This beautifully appointed 3-bedroom, 2.5-bath condo offers nearly 2,000 square feet (1,956 SF) of light-filled living space in one of Austin’s most desirable waterfront buildings. From the moment you enter, you’re greeted by expansive windows that flood the home with natural light and frame stunning views the downtown skyline and Lady Bird Lake. Rich wood flooring runs throughout, creating a warm, cohesive feel across the open-concept living and dining areas—perfect for entertaining or simply enjoying the view. The gorgeous kitchen is both functional and refined, featuring quartz countertops, a custom backsplash, an extra-deep sink, and abundant cabinet space for effortless organization. Whether you’re hosting friends before a night out or preparing a quiet dinner at home, this kitchen is designed to impress. The spacious primary suite offers a true retreat, complete with a luxurious ensuite bath boasting a double vanity, large soaking tub, and separate walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or a dedicated fitness or media space. Located just steps from the Town Lake Trail, you’ll have immediate access to miles of scenic waterfront paths, along with some of Austin’s best dining, shopping, and entertainment. Residents of Milago enjoy premium amenities including a beautiful pool and a fully equipped fitness center. This is downtown Austin living at its finest—spacious, sophisticated, and perfectly positioned to enjoy the best of the city.

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© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). 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.The information 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. Data last updated: 2026-04-14T20:00:44.547.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-04-14T20:00:44.547 (date and time MLS GRID Data was obtained). 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. Click here for MLS GRID DMCA Notice
www.thebarrientosgroup.com/homes/173744770
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54 Rainey St , #1018 Austin, TX 78701

  • Price: $989,000
  • Status: Active
  • On Site: Days
  • Updated: 39 min ago
  • MLS #: 2440461
3
Beds
2
Baths
1
½ Baths
0.01
Acres
1,956
SQFT
$506
$/SQFT
2005
Built
Neighborhood:
Milago Condo Amd
County:
Travis
Area:
Austin
Elementary School:
Mathews
Middle School:
O Henry
High School:
Austin
School District:
Austin ISD
Property Description
Experience elevated downtown living at Milago, where style, space, and sweeping views come together in one exceptional residence. This beautifully appointed 3-bedroom, 2.5-bath condo offers nearly 2,000 square feet (1,956 SF) of light-filled living space in one of Austin’s most desirable waterfront buildings. From the moment you enter, you’re greeted by expansive windows that flood the home with natural light and frame stunning views the downtown skyline and Lady Bird Lake. Rich wood flooring runs throughout, creating a warm, cohesive feel across the open-concept living and dining areas—perfect for entertaining or simply enjoying the view. The gorgeous kitchen is both functional and refined, featuring quartz countertops, a custom backsplash, an extra-deep sink, and abundant cabinet space for effortless organization. Whether you’re hosting friends before a night out or preparing a quiet dinner at home, this kitchen is designed to impress. The spacious primary suite offers a true retreat, complete with a luxurious ensuite bath boasting a double vanity, large soaking tub, and separate walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or a dedicated fitness or media space. Located just steps from the Town Lake Trail, you’ll have immediate access to miles of scenic waterfront paths, along with some of Austin’s best dining, shopping, and entertainment. Residents of Milago enjoy premium amenities including a beautiful pool and a fully equipped fitness center. This is downtown Austin living at its finest—spacious, sophisticated, and perfectly positioned to enjoy the best of the city.
Exterior Features

Attached Garage YN No Covered Spaces 2 Direction Faces NW Exterior Features Balcony Fencing None Foundation Details Pillar/Post/Pier Garage YN Yes Levels One Lot Features See Remarks Other Structures None Parking Features GarageReserved Patio And Porch Features See Remarks Roof Built-Up View CityDowntownHill CountryLakeSkyline Water Body Name Lady Bird Lake Waterfront Features Lake Front Waterfront YN Yes

Interior Features

Appliances Built-In Electric RangeDishwasher Cooling Other Fireplaces Total 0 Flooring See Remarks Heating Central Interior Features See Remarks Laundry Location In Unit Main Level Bedrooms 3 Num Dining 1 Num Living 1 Window Features Double Pane Windows

Property Features

Accessibility Features See Remarks Association Fee 1511 Association Fee Frequency Monthly Association Fee Includes See Remarks Association YN Yes Community Features BBQ Pit/GrillBike Storage/LockerBusiness CenterConciergeFitness CenterGarage ParkingPool Estimated Taxes 17804 Fema Flood Plain See Remarks Horse YN No Listing Terms CashConventional New Construction YN No Pool Features None Pool Private YN No Property Attached YN Yes Property Condition Resale Property Sub Type Condominium Sewer See Remarks Special Listing Conditions Standard Unit Style High Rise (8-13 Stories) Utilities See Remarks Water Source Public



© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). 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.The information 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. Data last updated: 2026-04-14T20:00:44.547.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-04-14T20:00:44.547 (date and time MLS GRID Data was obtained). 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. Click here for MLS GRID DMCA Notice
 
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The Barrientos Group - KW Central Texas
100 W Central Texas Expressway, Suite 200C
Killeen TX, 76541
Property listed by Matt Holm of Compass RE Texas, LLC: (512) 769-1695.