54 Rainey St, Unit 416

$448,000
Price
1
Bed
852 Sq. Ft.
$526 / Sq. Ft.
852
Sq. Ft.
$526
per Sq. Ft.

Description

Experience refined urban living in this stunning west-facing one-bedroom condo with an additional flex space and captivating views. Step inside to find the timeless charm of rich wood floors, gleaming granite countertops, and a kitchen outfitted with sleek stainless steel appliances. A stacked washer and dryer complete the modern conveniences. The Milago’s amenities set the standard for downtown luxury, enjoy a rooftop terrace with a pool, hot tub, and BBQ grills, a well-equipped fitness center,...Experience refined urban living in this stunning west-facing one-bedroom condo with an additional flex space and captivating views. Step inside to find the timeless charm of rich wood floors, gleaming granite countertops, and a kitchen outfitted with sleek stainless steel appliances. A stacked washer and dryer complete the modern conveniences. The Milago’s amenities set the standard for downtown luxury, enjoy a rooftop terrace with a pool, hot tub, and BBQ grills, a well-equipped fitness center, elegant club room, ground-floor lounge, inviting patio, and 24/7 concierge service. Nestled in the heart of the vibrant Rainey Street District and just steps from Lady Bird Lake, you’ll have premier access to local favorites like Royal Blue Grocery, Emmer & Rye, Geraldine’s, Cuvee Coffee, and the Limestone Rooftop Bar. Whether you’re savoring the nightlife or exploring the scenic hike and bike trail, paddleboarding, or kayaking, everything you love about Austin is right at your doorstep. Reserved parking space #241 and storage unit #91 add convenience to this true lock-and-leave lifestyle. Discover the perfect blend of sophistication, comfort, and location. Welcome home to Milago Condominiums.
  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 416

Subdivision Name
Milago Condo Amd
Waterfront
Yes
Waterfront Description
Lake Front, Waterfront
Water Access Description
Private
View
Park/Greenbelt, Garden, Lake, Trees/Woods
View YN
Yes
Parcel Number
02030312410000
Tax Lot
416
LISTING UPDATED: 01/04/2026 02:00 PM

Property Details for 54 Rainey Street, Unit 416

StatusActive
MLS #7559774
Days on Market62
Taxes$7,360 / year
HOA Fees$658 / 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 416

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

Payment Calculator

$3,485 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,214

Property Taxes

$613

HOA Dues

$658

The Payment Calculator is for illustrative purposes only.

Property Information for 54 Rainey Street, Unit 416

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 1
  • Parking Features: Assigned, Electric Gate, Gated, Private, Secured, Storage, Covered, Guest
  • Garage: Yes
  • Covered Spaces: 1
Interior
  • Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Main Level Master, Open Floorplan, Soaking Tub, Walk In Closets
  • Flooring: Tile, Wood
  • Appliances: Dryer, WasherDryerStacked, Dishwasher, ExhaustFan, ElectricRange, Disposal, Microwave, Range, Refrigerator, Washer
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: LaundryCloset, WasherHookup, DryerHookup, ElectricDryerHookup, Stacked
  • Restrictions: DeedRestrictions
Exterior
  • Exterior Features: Balcony
  • New Construction: No
  • Construction Materials: Brick, Glass, Concrete, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Balcony
  • Water Body Name: Lady Bird Lake
  • Roof: Membrane
  • Fencing: None
  • Direction Faces: West
  • Window Features: WindowCoverings
  • Accessibility Features: None
  • Community Features: Barbecue, Bicycle Storage, Concierge, Common Grounds/Area, Clubhouse, Community Mailbox, Courtyard, Conference/Meeting Room, Fitness Center, Gated, Package Service, Park, Pool, Trails Paths
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Backs to Greenbelt/Park, Landscaped, Many Trees
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Private Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: BreakfastBar, GraniteCounters, KitchenFamilyRoomCombo
Room 2
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: EnSuiteBathroom, GraniteCounters, GardenTubRomanTub, HighCeilings
Room 3
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: CeilingFans, HighCeilings, WalkInClosets
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 Condominium HOA
  • Association Fee Includes: CommonAreaMaintenance, MaintenanceGrounds, MaintenanceStructure, Parking, Security, Trash
  • Association Amenities: Concierge
  • Tax Assessed Value: $371,395
  • 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, 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 416

DateEvent & SourcePriceAppreciationLink
Nov 3, 2025

Listed (Active)

ACTRIS #7559774

$448,000
Nov 30, 2016

Sold

ACTRIS #3327582

Oct 29, 2016

Pending

ACTRIS #3327582

$399,900
Aug 19, 2016

Listed (Active)

ACTRIS #3327582

$412,500
Aug 6, 2013

Sold

ACTRIS #8937490

Jul 2, 2013

Pending

ACTRIS #8937490

$330,000
Jul 1, 2013

Listed (Active)

ACTRIS #8937490

$330,000
Oct 5, 2006

Sold

ACTRIS #4116547

Sep 3, 2006

Pending

ACTRIS #4116547

$299,900
Jun 26, 2006

Listed (Active)

ACTRIS #4116547

$319,900
DateEvent & SourcePrice
11/03/2025

Listed (Active)

ACTRIS #7559774

$448,000
11/30/2016

Sold

ACTRIS #3327582

10/29/2016

Pending

ACTRIS #3327582

$399,900
08/19/2016

Listed (Active)

ACTRIS #3327582

$412,500
08/06/2013

Sold

ACTRIS #8937490

07/02/2013

Pending

ACTRIS #8937490

$330,000
07/01/2013

Listed (Active)

ACTRIS #8937490

$330,000
10/05/2006

Sold

ACTRIS #4116547

09/03/2006

Pending

ACTRIS #4116547

$299,900
06/26/2006

Listed (Active)

ACTRIS #4116547

$319,900

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

Public Records for 54 Rainey Street, Unit 416

Taxable ValueLand$160,148Additions$211,247Total$371,395
Tax Record2024$6,921 ($577 / month)
Home Facts
Beds1Total Finished SqFt852 SqFtAbove Grade Finished SqFt852 SqFtStories1Lot Size213 SqFtStyleCondominiumYear Built2005CountyTRAVISAPN02030312410000

Schools near 54 Rainey Street, Unit 416

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 416 is a condo for sale in Austin, TX 78701. This property was listed for sale on November 3, 2025 by Womack Real Estate LLC, it's currently listed at $448,000. It has been on the market for a total of 62 days and was last sold on November 30, 2016. 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 416 is a 1-bed, 1-bath, 852 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.