54 Rainey St, Unit 1018

$5,995
Price
2
Beds
1,956 Sq. Ft.
$37 / Sq. Ft.
1,956
Sq. Ft.
$37
per Sq. Ft.

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 two bedrooms with home office/study (or three bedroom) 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...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 two bedrooms with home office/study (or three bedroom) 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. Also available for sale.
  1. Listed by Karen Prager • TREC #0739700 • Brokerage DRE #9001694 • Urbanspace
    P: (917)-363-6023 C: (917)-363-6023 karen@urbanspacerealtors.com

Property Details for 54 Rainey Street, Unit 1018

Subdivision Name
Milago Condo Amd
Waterfront
No
Pets Allowed
Call, Negotiable
Parcel Number
02030313820000
Tax Lot
1018
Elementary School
Mathews
Elementary School District
Austin ISD
Middle Or Junior School
O Henry
LISTING UPDATED: 12/08/2025 10:09 AM

Property Details for 54 Rainey Street, Unit 1018

StatusActive
MLS #4971034
Days on Market42
Rental Incentives-
Available Date11/05/2025
Lease Term12 Months
Furnished-
Compass TypeRental
MLS TypeResidential Lease / Condominium
Year Built2005
Lot Size0.01 AC / 492 SF
CountyTravis County

Location

Listing Courtesy of Urbanspace, Karen Prager, TREC #0739700
Add your commute

Building Information for 54 Rainey Street, Unit 1018

Building/Complex54 Rainey StFloor-Stories1Residences240Pet PolicyAllowedPet Policy DetailsCall,NegotiableYear Built2005Lot Size0.01 AC / 492 SF

Property Information for 54 Rainey Street, Unit 1018

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Assigned, Garage, Guest
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: See Remarks
  • Flooring: See Remarks
  • Appliances: BuiltInElectricRange, Dishwasher
  • Laundry Features: InUnit
  • Restrictions: NoSmoking
Exterior
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Direction Faces: Northwest
  • Accessibility Features: See Remarks
  • Community Features: Barbecue, Business Center, Bicycle Storage, Concierge, Fitness Center, Pool, Trails Paths
Property Information
Lot Information
  • FEMA Flood Plain: See Remarks
  • Lot Features: See Remarks
  • Horse: No
Utilities
  • Cooling YN: Yes
  • Cooling: See Remarks
  • Heating YN: Yes
  • Sewer: See Remarks
  • Utilities: See Remarks
  • Owner Pays: AssociationFees
  • Tenant Pays: AllUtilities
Unit Information
Unit 1
  • Permission: IDX
Unit Information
  • Number Of Units Total: 240
Financial Information
Taxes and HOA Information
  • Association Amenities: Concierge
Showing Information
Showing Information
  • Security Features: See Remarks
  • Directions: Head south on Rainey Street. Milago is the last building on the right.

Property History for 54 Rainey Street, Unit 1018

DateEvent & SourcePriceAppreciationLink
Dec 4, 2025

Price Change

ACTRIS #4971034

$5,995
Nov 19, 2025

Price Change

ACTRIS #4971034

$6,500
Nov 5, 2025

Price Change

ACTRIS #4971034

$7,500
Oct 30, 2025

Listed (Active)

ACTRIS #4971034

$7,985
Nov 22, 2013

Withdrawn

ACTRIS #3800174

$3,600
Nov 4, 2013

Listed (Active)

ACTRIS #3800174

$3,600
Oct 15, 2013

Withdrawn

ACTRIS #2463684

$3,750
Aug 9, 2013

Listed (Active)

ACTRIS #2463684

$4,000
Jul 31, 2013

Expired

ACTRIS #1842158

$4,000
Jun 17, 2013

Listed (Active)

ACTRIS #1842158

$4,200
May 31, 2013

Expired

ACTRIS #6918136

$4,500
Mar 21, 2013

Listed (Active)

ACTRIS #6918136

$4,750
Sep 7, 2011

Expired

ACTRIS #5670086

$3,950
Jul 29, 2011

Listed (Active)

ACTRIS #5670086

$3,950
Oct 22, 2007

Rented

ACTRIS #2435544

$3,250
Oct 21, 2007

Pending

ACTRIS #2435544

$3,900
Sep 3, 2007

Listed (Active)

ACTRIS #2435544

$3,900
Oct 11, 2006

Rented

ACTRIS #5579454

$3,500
Oct 10, 2006

Pending

ACTRIS #5579454

$3,500
Sep 12, 2006

Listed (Active)

ACTRIS #5579454

$3,500
DateEvent & SourcePrice
12/04/2025

Price Change

ACTRIS #4971034

$5,995
11/19/2025

Price Change

ACTRIS #4971034

$6,500
11/05/2025

Price Change

ACTRIS #4971034

$7,500
10/30/2025

Listed (Active)

ACTRIS #4971034

$7,985
11/22/2013

Withdrawn

ACTRIS #3800174

$3,600
11/04/2013

Listed (Active)

ACTRIS #3800174

$3,600
10/15/2013

Withdrawn

ACTRIS #2463684

$3,750
08/09/2013

Listed (Active)

ACTRIS #2463684

$4,000
07/31/2013

Expired

ACTRIS #1842158

$4,000
06/17/2013

Listed (Active)

ACTRIS #1842158

$4,200
05/31/2013

Expired

ACTRIS #6918136

$4,500
03/21/2013

Listed (Active)

ACTRIS #6918136

$4,750
09/07/2011

Expired

ACTRIS #5670086

$3,950
07/29/2011

Listed (Active)

ACTRIS #5670086

$3,950
10/22/2007

Rented

ACTRIS #2435544

$3,250
10/21/2007

Pending

ACTRIS #2435544

$3,900
09/03/2007

Listed (Active)

ACTRIS #2435544

$3,900
10/11/2006

Rented

ACTRIS #5579454

$3,500
10/10/2006

Pending

ACTRIS #5579454

$3,500
09/12/2006

Listed (Active)

ACTRIS #5579454

$3,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 54 Rainey Street, Unit 1018

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - 3
Rating
School
Distance
Mathews Elementary School
PublicPK to 6

O Henry Middle School
Public6 to 8

Austin High School
Public9 to 12

Daep- El
Public3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

54 Rainey Street, Unit 1018 is available for rent in Austin, TX 78701. This property was listed on October 30, 2025 by Urbanspace, it's currently listed at $5,995. It has been on the market for a total of 42 days and was last rented on October 22, 2007. This listing's school district is Austin Independent School District. Nearby schools include Mathews Elementary School, O Henry Middle School and Austin High School. 54 Rainey Street, Unit 1018 is a 2-bed, 3-bath, 1,956 sqft a property built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the owner. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Urbanspace, Karen Prager, TREC #0739700

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.