54 Rainey St, Unit 1222

2,418 Sq. Ft.
$35 / Sq. Ft.
2,418
Sq. Ft.
$35
per Sq. Ft.

Description

Fully furnished Penthouse unit at the Milago available immediately for lease! Unobstructed 180-270 degree gorgeous views in all directions and easy access to Lady Bird Lake hike and bike trail, easy access to paddle boards and kayaks just below the unit. Walking distance to all things Rainey and Downtown. This large (2400+ sq. ft.), 2 bedroom, 2.5 bath + Den/Office really impresses with its remodel upgrades, high quality furniture, and windows in every direction. Fully automated shades. Easy approval...Fully furnished Penthouse unit at the Milago available immediately for lease! Unobstructed 180-270 degree gorgeous views in all directions and easy access to Lady Bird Lake hike and bike trail, easy access to paddle boards and kayaks just below the unit. Walking distance to all things Rainey and Downtown. This large (2400+ sq. ft.), 2 bedroom, 2.5 bath + Den/Office really impresses with its remodel upgrades, high quality furniture, and windows in every direction. Fully automated shades. Easy approval and move-in process. Milago is a wonderful mid-rise building. Owner seeking 12+ month term. Text listing agent with a little notice to show, and listing agent will coordinate appointment with current tenant in place thru Feb 2026. Await confrimation and key will be at concierge.
  1. Listed by Sean Kubicek • TREC #0616825 • Moreland Properties
    P: (512)-826-1135 C: (512)-826-1135 sean@moreland.com

Property Details for 54 Rainey Street, Unit 1222

Subdivision Name
Milago Condo Amd
Waterfront
Yes
Waterfront Description
Lake Front, River Front
Water Access Description
Public
View
City, Lake, Panoramic, River, Water
View YN
Yes
Furnished
Furnished
Pets Allowed
Call
LISTING UPDATED: 01/26/2026 04:20 PM

Property Details for 54 Rainey Street, Unit 1222

StatusActive
MLS #4558569
Days on MarketListed Today
Rental Incentives-
Available Date03/01/2026
Lease TermLease Length: 12 Months
FurnishedFully Furnished
Compass TypeRental
MLS TypeResidential Lease / Condominium
Year Built2005
Lot Size0.01 AC / 609 SF
CountyTravis County

Location

Listing Courtesy of Moreland Properties, Sean Kubicek, TREC #0616825
Add your commute

Building Information for 54 Rainey Street, Unit 1222

Building/Complex54 Rainey StFloor-Stories1Residences250Pet PolicyAllowedPet Policy DetailsCallYear Built2005Lot Size0.01 AC / 609 SF

Property Information for 54 Rainey Street, Unit 1222

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Assigned, Garage, Gated, Guest
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Breakfast Bar, Double Vanity, Elevator, Multiple Living Areas, Main Level Master, No Interior Steps, Recessed Lighting, Walk In Closets, High Speed Internet
  • Flooring: Carpet, Stone, Tile
  • Appliances: BuiltInRange, BuiltInOven, BuiltInRefrigerator, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, StainlessSteelAppliances, WineCooler, Washer
  • Fireplace: No
  • Fireplaces Total: 0
  • Fireplace Features: None
  • Laundry Features: LaundryCloset, MainLevel, InUnit
  • Restrictions: NoSmoking
Exterior
  • Exterior Features: Balcony
  • Construction Materials: See Remarks
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Side Porch, Balcony
  • Water Body Name: Lady Bird Lake
  • Roof: See Remarks
  • Fencing: Fenced, See Remarks
  • Direction Faces: Southwest
  • Window Features: DoublePaneWindows, WindowTreatments
  • Accessibility Features: None
  • Community Features: Barbecue, Business Center, Bicycle Storage, Concierge, Clubhouse, Community Mailbox, Conference/Meeting Room, Car Share Available, Fitness Center, Internet Access, Lake, Pet Amenities, Park, Property Manager On-Site, Pool, Rooftop Lounge, Storage Facilities, Street Lights, Trails Paths
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Close To Clubhouse, Backs to Greenbelt/Park, Moderate Trees, Near Public Transit, Trees Medium Size, Trees Small Size, Views
  • Horse: No
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central, Zoned
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Other, Phone Connected, See Remarks, Water Connected
  • Owner Pays: Repairs, Taxes
  • Tenant Pays: AllUtilities
Green Features
  • Green Energy Efficient: Appliances, Hvac, Insulation, Lighting, Thermostat, Windows
  • Green Sustainability: OnsiteRecyclingCenter
Unit Information
Unit 1
  • Permission: IDX
Unit Information
  • Number Of Units Total: 250
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Amenities: Concierge
Showing Information
Showing Information
  • Security Features: Security Lights, Controlled Access
  • Directions: From Mopac South, exit Cesar Chavez. Then turn Right onto I35 S Frontage Rd. Then turn Right onto River St, at traffic circle take the 3rd exit onto Rainey St. Milago will be on the right, at the end of the road.

Property History for 54 Rainey Street, Unit 1222

DateEvent & SourcePriceAppreciation
Jan 26, 2026

Listed (Active)

ACTRIS #4558569

$6,995
Dec 20, 2024

Rented

ACTRIS #8473116

$6,995
Dec 13, 2024

Pending

ACTRIS #8473116

Nov 27, 2024

Listed (Active)

ACTRIS #8473116

$6,995
Aug 31, 2024

Expired

ACTRIS #8908039

$7,950
Mar 1, 2024

Listed (Active)

ACTRIS #8908039

$8,450
Feb 15, 2023

Rented

ACTRIS #9888436

$7,700
Jan 29, 2023

Pending

ACTRIS #9888436

Jan 28, 2023

Pending

ACTRIS #9888436

$7,950
Sep 28, 2022

Listed (Active)

ACTRIS #9888436

$11,000
Feb 15, 2022

Withdrawn

ACTRIS #1124556

$13,995
Jan 4, 2022

Listed (Active)

ACTRIS #1124556

$14,995
Dec 31, 2021

Expired

ACTRIS #1690149

$16,000
Aug 13, 2021

Listed (Active)

ACTRIS #1690149

$25,000
DateEvent & SourcePrice
01/26/2026

Listed (Active)

ACTRIS #4558569

$6,995
12/20/2024

Rented

ACTRIS #8473116

$6,995
12/13/2024

Pending

ACTRIS #8473116

11/27/2024

Listed (Active)

ACTRIS #8473116

$6,995
08/31/2024

Expired

ACTRIS #8908039

$7,950
03/01/2024

Listed (Active)

ACTRIS #8908039

$8,450
02/15/2023

Rented

ACTRIS #9888436

$7,700
01/29/2023

Pending

ACTRIS #9888436

01/28/2023

Pending

ACTRIS #9888436

$7,950
09/28/2022

Listed (Active)

ACTRIS #9888436

$11,000
02/15/2022

Withdrawn

ACTRIS #1124556

$13,995
01/04/2022

Listed (Active)

ACTRIS #1124556

$14,995
12/31/2021

Expired

ACTRIS #1690149

$16,000
08/13/2021

Listed (Active)

ACTRIS #1690149

$25,000

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

Schools near 54 Rainey Street, Unit 1222

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 1222 is available for rent in Austin, TX 78701. This property was listed on January 26, 2026 by Moreland Properties, it's currently listed at $6,995. It has been on the market for a total of 0 days and was last rented on December 20, 2024. 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 1222 is a 2-bed, 3-bath, 2,418 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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Moreland Properties, Sean Kubicek, TREC #0616825

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© 2026 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”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.