54 Rainey St, Unit 922
Description
Welcome to Milago Unit 922, a spacious 2-bedroom, 2-bath condo offering breathtaking panoramic views of Downtown Austin and Lady Bird Lake. Nestled at the tranquil end of Rainey Street, this premier residence combines the serenity of lakeside living with the vibrant energy of Austin’s most desirable entertainment district. Thoughtfully designed for modern living, this home features:
- Elegant wood floors and granite countertops...Unbelievable Austin Skyline Views | Milago Condominiums on Lady Bird Lake |
Welcome to Milago Unit 922, a spacious 2-bedroom, 2-bath condo offering breathtaking panoramic views of Downtown Austin and Lady Bird Lake. Nestled at the tranquil end of Rainey Street, this premier residence combines the serenity of lakeside living with the vibrant energy of Austin’s most desirable entertainment district. Thoughtfully designed for modern living, this home features:
- Elegant wood floors and granite countertops
- Open-concept kitchen with sleek, modern finishes
- Oversized windows and automatic power shades
- Abundant natural light throughout
Additional features include two premium ground level parking spaces #170 and #172 plus guest parking near the office. A dedicated storage unit 57, refrigerator, and stackable washer/dryer—all included for your convenience. Milago residents enjoy resort-style amenities, including:
- Rooftop pool & spa with grilling stations
- 2nd-floor fitness center and club room
- 1st-floor lounge and landscaped outdoor patio
- 24-hour concierge service
What sets Milago apart is its lush, park-like setting positioned directly on the hike-and-bike trail along the lake, offering an unmatched blend of nature and urban luxury. This unit is a rare opportunity to own a piece of the Austin skyline in one of downtown’s most coveted buildings. Don't miss your chance to experience lakefront living in the heart of the city.
- Listed by Kirk Lewis • TREC #0484323 • Brokerage DRE #579589 • Kuper Sotheby's Int'l RealtyP: (512)-422-2495 C: (512)-422-2495 kirk.lewis@kupersir.com
Property Details for 54 Rainey Street, Unit 922
Property Details for 54 Rainey Street, Unit 922
| Status | Active |
|---|---|
| MLS # | 4202725 |
| Days on Market | 147 |
| Taxes | $11,897 / year |
| HOA Fees | $937 / month |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | Residential / Condominium |
| Year Built | 2005 |
| County | Travis County |
Location
Building Information for 54 Rainey Street, Unit 922
Payment Calculator
$6,005 per month
30 year fixed, 6.28% Interest
$4,077
$991
$937
Property Information for 54 Rainey Street, Unit 922
- Garage Spaces: 2
- Parking Total: 2
- Parking Features: Assigned, Garage, Covered, Guest
- Garage: Yes
- Covered Spaces: 2
- Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Main Level Master, Walk In Closets
- Flooring: Tile, Wood
- Appliances: WasherDryerStacked, Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, StainlessSteelAppliances
- Fireplace: No
- Fireplaces Total: 0
- Laundry Features: InBathroom, LaundryCloset, Stacked
- Virtual Tour URL Branded: http://live.kuperrealty.com/54raineystreet922
- Virtual Tour URL Unbranded: http://live.kuperrealty.com/54raineystreet922/?mls
- Restrictions: RestrictiveCovenant
- Exterior Features: Balcony, Gas Grill, Private Entrance
- New Construction: No
- Construction Materials: See Remarks
- Foundation Details: See Remarks
- Patio And Porch Features: None, Balcony
- Water Body Name: Lady Bird Lake
- Roof: See Remarks
- Fencing: None
- Direction Faces: Northwest
- Window Features: None
- Accessibility Features: None
- Community Features: Barbecue, Business Center, Bar Lounge, Concierge, Common Grounds/Area, Conference/Meeting Room, Fitness Center, Pool
- FEMA Flood Plain: No
- Lot Features: None
- Horse: No
- Horse Amenities: None
- Cooling YN: Yes
- Cooling: Central Air
- Heating YN: Yes
- Heating: Central
- Sewer: Public Sewer
- Utilities: Electricity Connected, Water Connected
- Room Type: PrimaryBathroom
- Room Level: Main
- Room Type: PrimaryBedroom
- Room Level: Main
- Room Type: Kitchen
- Room Level: Main
- Permission: IDX
- Permission: IDX
- Permission: IDX
- Association: Yes
- Association Name: Milago Condo Association
- Association Fee Includes: SeeRemarks
- Association Amenities: Concierge
- Tax Assessed Value: $629,413
- Additional Parcels: No
- Tax Year: 2025
- Tax Rate: 1.98%
- Security Features: Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s)
- Directions: Head southwest on I-35 S, Take exit 236A toward 32nd St/Dean Keeton, Turn right onto River St, At the traffic circle, take the 3rd exit onto Rainey St, Destination will be on the right
Property History for 54 Rainey Street, Unit 922
| Date | Event & Source | Price |
|---|---|---|
| 08/21/2025 | Price Change ACTRIS #4202725 | $825,000 |
| 08/06/2025 | Listed (Active) ACTRIS #4202725 | $875,000 |
| 05/30/2014 | — | |
| 01/19/2014 | $595,000 | |
| 01/19/2014 | $595,000 | |
| 10/27/2006 | — | |
| 10/26/2006 | Sold (Public Record) Public Record #209985641 | — |
| 09/24/2006 | $510,500 | |
| 09/01/2006 | $510,500 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 54 Rainey Street, Unit 922
Schools near 54 Rainey Street, Unit 922
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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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 Kuper Sotheby's Int'l Realty, Kirk Lewis, TREC #0484323
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.