54 Rainey St, Unit PH02

1,927 Sq. Ft.
$667 / Sq. Ft.
1,927
Sq. Ft.
$667
per Sq. Ft.

Description

Ascend to your penthouse at The Milago. Enjoy unparalleled panoramic downtown and lake views as you’re immersed in the city. This unit has the highest level of finish out including walk-in closets, spa-like baths, 2 living areas & a gourmet kitchen. Truly gorgeous unobstructed views from every room. Take advantage of hi-rise living amenities including a rooftop terrace with pool and hot tub, exercise room & WiFi lounge. Direct waterfront and Butler Hike and Bike Trail access. 2 parking & 3 storage....Ascend to your penthouse at The Milago. Enjoy unparalleled panoramic downtown and lake views as you’re immersed in the city. This unit has the highest level of finish out including walk-in closets, spa-like baths, 2 living areas & a gourmet kitchen. Truly gorgeous unobstructed views from every room. Take advantage of hi-rise living amenities including a rooftop terrace with pool and hot tub, exercise room & WiFi lounge. Direct waterfront and Butler Hike and Bike Trail access. 2 parking & 3 storage. FEMA - Unknown Restrictions: Yes

Listing Agents

  1. Jessica Philpot

    Jessica Philpot

    Alternative Listing Agent

    Compass

    TREC #0554596

  2. Listed by Cindy Greenwood • TREC #0425644 • Compass RE Texas, LLC
    P: (512)-784-4160 C: (512)-784-4160 cindygwood@gmail.com

Property Details for 54 Rainey Street, Unit PH02

Subdivision Name
Milago Condo Amd
Waterfront
Yes
Waterfront Description
Lake Front, Boat Ramp/Lift Access
Water Access Description
Public
View
City, Lake, Panoramic, River
View YN
Yes
Furnished
Unfurnished
Parcel Number
02030314280000
LISTING UPDATED: 11/14/2022 02:11 PM

Property Details for 54 Rainey Street, Unit PH02

StatusClosed
MLS #3463462
Days on Market4
Taxes$21,372 / year
HOA Fees$983 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2005
CountyTravis County

Location

Listing Courtesy of Compass RE Texas, LLC, Jessica Philpot, TREC #0554596; Compass RE Texas, LLC, Cindy Greenwood, TREC #0425644

Sold By Compass RE Texas, LLC, Brenda Gavin, TREC #0583262

Add your commute

Virtual Tour

Building Information for 54 Rainey Street, Unit PH02

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

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$9,027 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,263

Property Taxes

$1,781

HOA Dues

$983

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 54 Rainey Street, Unit PH02

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Assigned, Attached, Garage, Gated
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Bookcases, Built-in Features, High Ceilings, Multiple Living Areas, Main Level Master, No Interior Steps, Recessed Lighting, Walk In Closets, Wired For Sound
  • Flooring: Tile, Wood
Exterior
  • Exterior Features: Balcony, Boat Ramp, Elevator
  • New Construction: No
  • Construction Materials: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: None, Balcony
  • Water Body Name: Lady Bird Lake
  • Roof: Flat Tile
  • Fencing: None
  • Window Features: WindowTreatments
  • Accessibility Features: None
  • Community Features: Barbecue, Concierge, Community Mailbox, Fitness Center, Rooftop Lounge, Trails Paths
Property Information
Lot Information
  • FEMA Flood Plain: See Remarks
  • Horse: No
Location Information
  • Building Area Total: 1,927.00
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Evaporative Cooling
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Other
Room Information
Room 1
  • Room Type: Workshop
Room 2
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: WalkInClosets
Room 3
  • Room Type: FamilyRoom
Room 4
  • Room Type: DiningRoom
Room 5
  • Room Type: Laundry
Room 6
  • Room Type: Kitchen
  • Room Features: GraniteCounters, KitchenIsland, KitchenFamilyRoomCombo
Room 7
  • Room Type: Den
Room 8
  • Room Type: LivingRoom
Room 9
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: DoubleVanity, JettedTub, SeparateShower, WalkInShower
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Unit 4
  • Permission: IDX
Unit 5
  • Permission: IDX
Unit 6
  • Permission: IDX
Unit 7
  • Permission: IDX
Unit 8
  • Permission: IDX
Unit 9
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: The Milago Condos
  • Association Fee Includes: CommonAreaMaintenance, Insurance, MaintenanceStructure, Trash
  • Association Amenities: Concierge
  • Additional Parcels: No
  • Tax Year: 2020
  • Tax Rate: 2.14%
Showing Information
Showing Information
  • Security Features: None
  • Directions: Property located at the end of Rainey Street on the Right.

Property History for 54 Rainey Street, Unit PH02

DateEvent & SourcePriceAppreciationLink
Jun 19, 2020

Sold

ACTRIS #3463462

May 21, 2020

Pending

ACTRIS #3463462

$1,285,000
May 18, 2020

Listed (Active)

ACTRIS #3463462

$1,285,000
Jun 10, 2015

Sold

ACTRIS #1856765

May 1, 2015

Pending

ACTRIS #1856765

$1,295,000
Jan 10, 2015

Listed (Active)

ACTRIS #1856765

$1,345,000
Jun 7, 2011

Sold

ACTRIS #3985357

May 4, 2011

Pending

ACTRIS #3985357

$899,900
Apr 28, 2011

Listed (Active)

ACTRIS #3985357

$899,900
Sep 11, 2010

Expired

ACTRIS #5493504

$899,900
May 15, 2010

Listed (Active)

ACTRIS #5493504

$899,900
May 2, 2010

Expired

ACTRIS #3057740

$975,000
Mar 18, 2009

Listed (Active)

ACTRIS #3057740

$995,000
DateEvent & SourcePrice
06/19/2020

Sold

ACTRIS #3463462

05/21/2020

Pending

ACTRIS #3463462

$1,285,000
05/18/2020

Listed (Active)

ACTRIS #3463462

$1,285,000
06/10/2015

Sold

ACTRIS #1856765

05/01/2015

Pending

ACTRIS #1856765

$1,295,000
01/10/2015

Listed (Active)

ACTRIS #1856765

$1,345,000
06/07/2011

Sold

ACTRIS #3985357

05/04/2011

Pending

ACTRIS #3985357

$899,900
04/28/2011

Listed (Active)

ACTRIS #3985357

$899,900
09/11/2010

Expired

ACTRIS #5493504

$899,900
05/15/2010

Listed (Active)

ACTRIS #5493504

$899,900
05/02/2010

Expired

ACTRIS #3057740

$975,000
03/18/2009

Listed (Active)

ACTRIS #3057740

$995,000

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

Public Records for 54 Rainey Street, Unit PH02

Taxable ValueLand$362,438Additions$683,861Total$1,046,299
Tax Record2024$22,502 ($1,875 / month)
Home Facts
Beds2Total Finished SqFt1,927 SqFtAbove Grade Finished SqFt1,927 SqFtStories1Lot Size484 SqFtStyleCondominiumYear Built2005CountyTRAVISAPN02030314280000

Schools near 54 Rainey Street, Unit PH02

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.

Similar Homes

Similar Sold Homes

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 Compass RE Texas, LLC, Jessica Philpot, TREC #0554596; Compass RE Texas, LLC, Cindy Greenwood, TREC #0425644

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.