54 Rainey St, Unit 412

1,164 Sq. Ft.
$588 / Sq. Ft.
1,164
Sq. Ft.
$588
per Sq. Ft.

Description

Refined urban living unfolds in this west-facing two-bedroom, two-bath residence designed for both style and ease. Rich wood floors ground the space with warmth, while gleaming granite countertops and a thoughtfully appointed kitchen, complete with under-cabinet lighting and sleek stainless steel appliance set the tone for timeless sophistication. A stacked washer and dryer round out the modern comforts. Milago’s amenities read like a greatest-hits album of downtown luxury: a rooftop terrace crowned...Refined urban living unfolds in this west-facing two-bedroom, two-bath residence designed for both style and ease. Rich wood floors ground the space with warmth, while gleaming granite countertops and a thoughtfully appointed kitchen, complete with under-cabinet lighting and sleek stainless steel appliance set the tone for timeless sophistication. A stacked washer and dryer round out the modern comforts. Milago’s amenities read like a greatest-hits album of downtown luxury: a rooftop terrace crowned with a pool, hot tub, and BBQ grills; a fully equipped fitness center; an elegant club room; a ground-floor lounge and patio; and the peace of mind that comes with 24/7 concierge service. Set in the heart of the Rainey Street District and just steps from Lady Bird Lake, this location puts Austin’s best within effortless reach from neighborhood essentials to celebrated dining and rooftop cocktails. Spend your evenings immersed in the city’s energy or your mornings along the hike-and-bike trail, paddle-board in hand. It’s all right outside your door.
  1. Listed by Sherene Mayner • TREC #0643368 • Womack Real Estate LLC
    P: (512)-689-9324 C: (512)-689-9324 sherene@womackrealestate.com

Property Details for 54 Rainey Street, Unit 412

Subdivision Name
Milago Condo Amd
Waterfront
Yes
Waterfront Description
Waterfront
Water Access Description
Private
View
City, Park/Greenbelt, Lake
View YN
Yes
Parcel Number
02030312370000
Tax Lot
412
LISTING UPDATED: 01/31/2026 04:03 AM

Property Details for 54 Rainey Street, Unit 412

StatusActive
MLS #6426082
Days on Market1
Taxes$12,539 / year
HOA Fees$965 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2005
CountyTravis County

Location

Listing Courtesy of Womack Real Estate LLC, Sherene Mayner, TREC #0643368
Add your commute

Building Information for 54 Rainey Street, Unit 412

Building/Complex54 Rainey StFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built2005

Payment Calculator

$5,348 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,339

Property Taxes

$1,045

HOA Dues

$965

The Payment Calculator is for illustrative purposes only.

Property Information for 54 Rainey Street, Unit 412

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Assigned, Electric Gate, Gated, Covered, Guest
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Granite Counters, High Ceilings, Kitchen Island, No Interior Steps, Open Floorplan, Walk In Closets, High Speed Internet
  • Flooring: Tile, Wood
  • Appliances: WasherDryerStacked, Dishwasher, ElectricRange, Disposal, Refrigerator
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: LaundryCloset, WasherHookup, ElectricDryerHookup, Stacked
  • Restrictions: DeedRestrictions
Exterior
  • Exterior Features: Balcony
  • New Construction: No
  • Construction Materials: Brick, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: None, Balcony
  • Water Body Name: Lady Bird Lake
  • Roof: Membrane
  • Fencing: None
  • Direction Faces: West
  • Window Features: Screens, WindowCoverings
  • Accessibility Features: None
  • Community Features: Barbecue, Bicycle Storage, Concierge, Common Grounds/Area, Clubhouse, Community Mailbox, Courtyard, Conference/Meeting Room, Fitness Center, Gated, Internet Access, Package Service, Pool, Trails Paths
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: None
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Private Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Unit Information
Unit 1
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Milago Condominiums
  • Association Fee Includes: CommonAreaMaintenance, MaintenanceGrounds, MaintenanceStructure, Security, Trash
  • Association Amenities: Concierge
  • Tax Assessed Value: $612,717
  • Additional Parcels: No
  • Tax Year: 2025
  • Tax Rate: 1.98%
Showing Information
Showing Information
  • Security Features: Building Security, Fire Alarm, Fire Sprinkler System, Secured Garage/Parking, 24 Hour Security, Key Card Entry, Controlled Access
  • Directions: From I-35 exit Cesar Chavez, go W on Cesar Chavez, L(south) on Red River, L(east) on Davis, R(south) on Rainey. Milago is on right side after roundabout

Property History for 54 Rainey Street, Unit 412

DateEvent & SourcePriceAppreciationLink
Jan 30, 2026

Listed (Active)

ACTRIS #6426082

$685,000
Feb 26, 2018

Sold

ACTRIS #8405077

Jan 25, 2018

Pending

ACTRIS #8405077

$574,000
Jan 4, 2018

Listed (Active)

ACTRIS #8405077

$574,000
Jan 1, 2018

Expired

ACTRIS #7744395

$574,900
May 12, 2017

Listed (Active)

ACTRIS #7744395

$624,900
Dec 3, 2001

Withdrawn

ACTRIS #595856

$689,000
Jun 28, 2001

Listed (Active)

ACTRIS #595856

$689,000
Jun 13, 2001

Withdrawn

ACTRIS #568781

$689,000
Dec 27, 2000

Listed (Active)

ACTRIS #568781

$689,000
DateEvent & SourcePrice
01/30/2026

Listed (Active)

ACTRIS #6426082

$685,000
02/26/2018

Sold

ACTRIS #8405077

01/25/2018

Pending

ACTRIS #8405077

$574,000
01/04/2018

Listed (Active)

ACTRIS #8405077

$574,000
01/01/2018

Expired

ACTRIS #7744395

$574,900
05/12/2017

Listed (Active)

ACTRIS #7744395

$624,900
12/03/2001

Withdrawn

ACTRIS #595856

$689,000
06/28/2001

Listed (Active)

ACTRIS #595856

$689,000
06/13/2001

Withdrawn

ACTRIS #568781

$689,000
12/27/2000

Listed (Active)

ACTRIS #568781

$689,000

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

Public Records for 54 Rainey Street, Unit 412

Taxable ValueLand$219,150Additions$393,567Total$612,717
Tax Record2024$13,500 ($1,125 / month)
Home Facts
Beds2Total Finished SqFt1,164 SqFtAbove Grade Finished SqFt1,164 SqFtStories1Lot Size292 SqFtStyleCondominiumYear Built2005CountyTRAVISAPN02030312370000

Schools near 54 Rainey Street, Unit 412

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.

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54 Rainey Street, Unit 412 is a condo for sale in Austin, TX 78701. This property was listed for sale on January 30, 2026 by Womack Real Estate LLC, it's currently listed at $685,000. It has been on the market for a total of 1 days and was last sold on February 26, 2018. 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 412 is a 2-bed, 2-bath, 1,164 sqft condo 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 seller. 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 Womack Real Estate LLC, Sherene Mayner, TREC #0643368

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.