54 Rainey St, Unit 414

1,164 Sq. Ft.
$700 / Sq. Ft.
1,164
Sq. Ft.
$700
per Sq. Ft.

Description

Don’t miss out on this bright and spacious 2-bedroom 2 bath condo in the heart of The Rainey District. This vibrant community is a 2-mile walk, scooter, bike trip to the many food, shopping, entertainment
and outdoor adventures the Downtown lifestyle offers. Upgrades include Murphy’s bed with Queen
mattress, hardwood in the bedrooms, built-in two-station office or gaming stations with beverage fridge
built-in, built-in storage, custom closet systems in both bedrooms. The large balcony can be your oasis
...Don’t miss out on this bright and spacious 2-bedroom 2 bath condo in the heart of The Rainey District. This vibrant community is a 2-mile walk, scooter, bike trip to the many food, shopping, entertainment
and outdoor adventures the Downtown lifestyle offers. Upgrades include Murphy’s bed with Queen
mattress, hardwood in the bedrooms, built-in two-station office or gaming stations with beverage fridge
built-in, built-in storage, custom closet systems in both bedrooms. The large balcony can be your oasis
from the high-level activity of Rainey and Downtown. Enjoy the rooftop pool and hot tub with stunning
sunset and nighttime views of the skyline and hill country. Front row seats to the bat's shows, entertain
on the 3 rd floor terrace where trees can shade you while grilling. If you need to work out the gym is
equipped with everything you need to stay healthy. The club room, Wi-Fi lounge and trail-level outdoor space
make it easy to entertain and enjoy.
  1. Listed by Stewart Roach • TREC #0732397 • LIVING SPREE REALTY
    P: (859)-539-1166 C: (859)-539-1166 Stewart@livingspreerealty.com

Property Details for 54 Rainey Street, Unit 414

Subdivision Name
Milago Condo Amd
Waterfront
Yes
Waterfront Description
Lake Front
Water Access Description
Public
View
City, Garden, Lake, River, Trees/Woods
View YN
Yes
Parcel Number
02030312390000
Elementary School
Mathews
LISTING UPDATED: 06/14/2026 08:05 AM

Property Details for 54 Rainey Street, Unit 414

StatusClosed
MLS #5984631
Days on Market91
Pet Policy-
Taxes$6,458 / year
HOA Fees$641 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium
Year Built2005
CountyTravis County

Location

Listing Courtesy of LIVING SPREE REALTY, Stewart Roach, TREC #0732397

Sold By Waterloo Realty, LLC, Michelle Ward, TREC #0586597

Add your commute

Building Information for 54 Rainey Street, Unit 414

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

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Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$5,240 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,061

Property Taxes

$538

HOA Dues

$641

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 54 Rainey Street, Unit 414

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Assigned, Garage
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Breakfast Bar, Granite Counters, Intercom, Main Level Master, Multiple Primary Suites, Walk In Closets
  • Flooring: Tile, Wood
Exterior
  • Exterior Features: No Exterior Steps, See Remarks
  • New Construction: No
  • Construction Materials: See Remarks
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Water Body Name: Lady Bird Lake
  • Roof: See Remarks
  • Fencing: None
  • Direction Faces: West
  • Window Features: Screens, WindowCoverings
  • Accessibility Features: None
  • Community Features: Barbecue, Common Grounds/Area, Fitness Center, Gated, Lake, Pool, Trails Paths
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Ceiling Fans
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: BreakfastBar, GraniteCounters, KitchenIsland, KitchenFamilyRoomCombo
Room 2
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: DoubleVanity, GardenTubRomanTub, SeparateShower, WalkInClosets
Room 3
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: DoubleVanity, GardenTubRomanTub, SeparateShower
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Milago HOA
  • Association Fee Includes: CommonAreaMaintenance, Insurance, MaintenanceGrounds, MaintenanceStructure, Trash
  • Tax Assessed Value: $583,218
  • Additional Parcels: No
  • Tax Year: 2021
  • Tax Rate: 2.18%
Showing Information
Showing Information
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Directions: From Cesar Chavez - South Red River to Driskill to Rainey Street - Milago is at the end of Rainey Street on Right

Property History for 54 Rainey Street, Unit 414

DateEvent & SourcePriceAppreciationLink
Oct 21, 2022

Sold

ACTRIS #5984631

Sep 29, 2022

Pending

ACTRIS #5984631

Sep 28, 2022

Pending

ACTRIS #5984631

$799,999
DateEvent & SourcePrice
10/21/2022

Sold

ACTRIS #5984631

09/29/2022

Pending

ACTRIS #5984631

09/28/2022

Pending

ACTRIS #5984631

$799,999

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

Public Records for 54 Rainey Street, Unit 414

Taxable ValueLand$219,150Additions$393,567Total$612,717
Tax Record2024$7,381 ($615 / month)
Home Facts
Beds2Total Finished SqFt1,164 SqFtAbove Grade Finished SqFt1,164 SqFtStories1Lot Size292 SqFtStyleCondominiumYear Built2005CountyTRAVISAPN02030312390000

Schools near 54 Rainey Street, Unit 414

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 - 5
Rating
School
Distance
Mathews Elementary School
PublicPK to 6

O Henry Middle School
Public6 to 8

Austin High School
Public9 to 12

Daep- El
Public5

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LIVING SPREE REALTY, Stewart Roach, TREC #0732397

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.