54 Rainey St, Unit 509

$3,195
Price
2
Beds
1,164 Sq. Ft.
$33 / Sq. Ft.
1,164
Sq. Ft.
$33
per Sq. Ft.

Description

Move In Special: Look & Lease $1K off security deposit. 360 Degree Views of Lake, DT, Hills on Rooftop Pool & Steps to Ladybird Lake & Hike & Bike Trail w Ladybird Lake access. This unit recently renovated, designer interiors, new floors & paint offers 24 HR Concierge, secure parking, extra amenities, rooftop hot tub, fully equipped lakefront/trail fitness center and patio, club room, WiFi lounge, 3rd floor community terrace w/grill and patio seating . Unit has multiple upgrades, w no carpet, glass...Move In Special: Look & Lease $1K off security deposit. 360 Degree Views of Lake, DT, Hills on Rooftop Pool & Steps to Ladybird Lake & Hike & Bike Trail w Ladybird Lake access. This unit recently renovated, designer interiors, new floors & paint offers 24 HR Concierge, secure parking, extra amenities, rooftop hot tub, fully equipped lakefront/trail fitness center and patio, club room, WiFi lounge, 3rd floor community terrace w/grill and patio seating . Unit has multiple upgrades, w no carpet, glass tile backsplash and column, recess lighting, fluted and dental moldings, faux finishes, designer frosted W/D sliding doors. Sq. /Ft. w Balcony 1189 sq. /ft Owner/Agent TX#569615
  1. Listed by Scott Dugas • TREC #0569615 • Brokerage DRE #588680 • Central Metro Realty
    P: (512)-940-7368 C: (512)-940-7368 Atxscotty@gmail.com

Property Details for 54 Rainey Street, Unit 509

Subdivision Name
Milago Condo Amd
Waterfront
No
Pets Allowed
BreedRestrictions, DogsOk, NumberLimit, SizeLimit
Parcel Number
02030312570000
Tax Lot
509
Elementary School
Mathews
Elementary School District
Austin ISD
Middle Or Junior School
O Henry
LISTING UPDATED: 12/02/2025 10:30 AM

Property Details for 54 Rainey Street, Unit 509

StatusActive
MLS #3436351
Days on Market32
Rental Incentives-
Available Date01/01/2026
Lease TermSee Remarks
Furnished-
Compass TypeRental
MLS TypeResidential Lease / Condominium
Year Built2005
Lot Size0.01 AC / 291 SF
CountyTravis County

Location

Listing Courtesy of Central Metro Realty, Scott Dugas, TREC #0569615
Add your commute

Building Information for 54 Rainey Street, Unit 509

Building/Complex54 Rainey StFloor-Stories1Residences295Pet PolicyAllowedPet Policy DetailsBreedRestrictions,DogsOk,NumberLimit,SizeLimitYear Built2005Lot Size0.01 AC / 291 SF

Property Information for 54 Rainey Street, Unit 509

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 2
  • Parking Features: Additional Parking, Assigned, Electric Gate, Garage Faces Front, Garage, Gated, Off Street, Covered, Guest
  • Garage: Yes
  • Covered Spaces: 1
Interior
  • Interior Features: Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Coffered Ceilings, Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Multiple Primary Suites, Multiple Closets, No Interior Steps, Walk In Closets
  • Flooring: Tile, Wood
  • Appliances: Dryer, Dishwasher, EnergyStarQualifiedAppliances, EnergyStarQualifiedDishwasher, EnergyStarQualifiedRefrigerator, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, SelfCleaningOven, Washer
  • Laundry Features: LaundryCloset, InUnit
  • Restrictions: NoSmoking
Exterior
  • Exterior Features: Balcony, Lighting
  • Patio And Porch Features: Balcony
  • Water Body Name: Lady Bird Lake
  • Direction Faces: East
  • Accessibility Features: See Remarks
  • Community Features: Barbecue, Bar Lounge, Bicycle Storage, Concierge, Common Grounds/Area, Clubhouse, Community Mailbox, Courtyard, Deck Porch, Fitness Center, Gated, Lake, Package Service, Park, Property Manager On-Site, Pool, Trails Paths
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: None
  • Horse: No
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Ceiling Fans
  • Heating YN: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Water Connected
  • Owner Pays: AllUtilities, CableTv, Internet, Water
  • Tenant Pays: AllUtilities, CableTv, Electricity, Internet, Water
Green Features
  • Green Energy Efficient: Appliances
Unit Information
Unit 1
  • Permission: IDX
Unit Information
  • Number Of Units Total: 295
Financial Information
Taxes and HOA Information
  • Association Amenities: Concierge
Showing Information
Showing Information
  • Security Features: Fire Alarm, Fire Escape, Fire Sprinkler System, Secured Garage/Parking, Key Card Entry, Smoke Detector(s)
  • Directions: From I-35 N exit Holly St, Left to round-about, Left towards lake, last condo on right @ Lake. From Cesar Chavez, South on Red River, left on Driskill for 1 block, Right on Rainey. Last high rise at the Lake on the RT, Milago Condos.

Property History for 54 Rainey Street, Unit 509

DateEvent & SourcePriceAppreciationLink
Dec 2, 2025

Price Change

ACTRIS #3436351

$3,195
Nov 26, 2025

Price Change

ACTRIS #3436351

$3,295
Nov 4, 2025

Listed (Active)

ACTRIS #3436351

$3,250
Nov 21, 2022

Rented

ACTRIS #2816875

$3,150
Nov 18, 2022

Pending

ACTRIS #2816875

Aug 8, 2022

Listed (Active)

ACTRIS #2816875

$3,400
Aug 29, 2018

Rented

ACTRIS #8472378

$2,800
Aug 21, 2018

Pending

ACTRIS #8472378

$2,795
Jul 15, 2018

Listed (Active)

ACTRIS #8472378

$2,895
Aug 29, 2017

Rented

ACTRIS #5265529

$2,500
Aug 21, 2017

Pending

ACTRIS #5265529

$2,495
Jul 18, 2017

Listed (Active)

ACTRIS #5265529

$2,495
Jul 1, 2013

Rented

ACTRIS #3703811

$2,495
Jun 25, 2013

Pending

ACTRIS #3703811

$2,495
Jun 11, 2013

Listed (Active)

ACTRIS #3703811

$2,495
DateEvent & SourcePrice
12/02/2025

Price Change

ACTRIS #3436351

$3,195
11/26/2025

Price Change

ACTRIS #3436351

$3,295
11/04/2025

Listed (Active)

ACTRIS #3436351

$3,250
11/21/2022

Rented

ACTRIS #2816875

$3,150
11/18/2022

Pending

ACTRIS #2816875

08/08/2022

Listed (Active)

ACTRIS #2816875

$3,400
08/29/2018

Rented

ACTRIS #8472378

$2,800
08/21/2018

Pending

ACTRIS #8472378

$2,795
07/15/2018

Listed (Active)

ACTRIS #8472378

$2,895
08/29/2017

Rented

ACTRIS #5265529

$2,500
08/21/2017

Pending

ACTRIS #5265529

$2,495
07/18/2017

Listed (Active)

ACTRIS #5265529

$2,495
07/01/2013

Rented

ACTRIS #3703811

$2,495
06/25/2013

Pending

ACTRIS #3703811

$2,495
06/11/2013

Listed (Active)

ACTRIS #3703811

$2,495

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

Schools near 54 Rainey Street, Unit 509

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 509 is available for rent in Austin, TX 78701. This property was listed on November 4, 2025 by Central Metro Realty, it's currently listed at $3,195. It has been on the market for a total of 32 days and was last rented on November 21, 2022. 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 509 is a 2-bed, 2-bath, 1,164 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 Central Metro Realty, Scott Dugas, TREC #0569615

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.