54 Rainey St, Unit 1020

Austin, TX 78701

$418,000
Last List Price
1
Bed
750 Sq. Ft.
$557 / Sq. Ft.
750
Sq. Ft.
$557
per Sq. Ft.

Description

Experience the ultimate Austin lifestyle in this breathtaking 10th-floor Luxury Waterfront Condo at Milago. Enjoy the convenience of 24-hour concierge service and high-end amenities, all while soaking in breathtaking panoramic views of Lady Bird Lake and the Austin skyline. This prime location places you within a short walking distance to the best dining and entertainment options, with direct access to the scenic Butler Trail. The interior features beautiful hardwood floors throughout, alongside...Experience the ultimate Austin lifestyle in this breathtaking 10th-floor Luxury Waterfront Condo at Milago. Enjoy the convenience of 24-hour concierge service and high-end amenities, all while soaking in breathtaking panoramic views of Lady Bird Lake and the Austin skyline. This prime location places you within a short walking distance to the best dining and entertainment options, with direct access to the scenic Butler Trail. The interior features beautiful hardwood floors throughout, alongside a remodeled kitchen and bathroom. Step out onto your private balcony to take in the views. Recent upgrades include a microwave, dishwasher, and garbage disposal, all replaced in 2023, as well as the addition of a Nest Smart Thermostat and a Nest Wi-Fi Smoke Detector. The condo comes complete with a washer, dryer, and refrigerator. It also benefits from the lowest HOA fees for a high-end downtown unit, as noted in the HOA letter. Amenities abound, including a rooftop pool, hot tub, and fire pit, a business center, enhanced security, and an expansive terrace area on the 3rd floor equipped with grills and outdoor seating. Stay active in the fitness center or unwind in the clubroom and Wi-Fi lounge. For your convenience, there is dedicated bike storage and a reserved parking spot on level 2 of the garage (space 233). Don’t miss this opportunity to make this luxurious condo your new home!
  1. Listed by Linda Dittoe • TREC #0491039 • Brokerage DRE #9003892 • Austin Here I Come
    P: (512)-947-6400 C: (512)-947-6400 linda@austinhereicome.com

Property Details for 54 Rainey Street, Unit 1020

Subdivision Name
Milago Condo Amd
Waterfront
Yes
Waterfront Description
Lake Front
Water Access Description
Public
View
City, Hills, Lake
View YN
Yes
Parcel Number
02030313830000
Tax Lot
1020
LISTING UPDATED: 05/09/2025 01:53 PM

Property Details for 54 Rainey Street, Unit 1020

StatusClosed
MLS #6636863
Days on Market106
Taxes$9,473 / year
HOA Fees$580 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2005
CountyTravis County

Location

Listing Courtesy of Austin Here I Come, Linda Dittoe, TREC #0491039

Sold By Compass RE Texas, LLC, David Aceves, TREC #0613638

Add your commute

Building Information for 54 Rainey Street, Unit 1020

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

Payment Calculator

$3,559 per month

30 year fixed, 6.845% Interest

Principal and Interest

$2,190

Property Taxes

$789

HOA Dues

$580

The Payment Calculator is for illustrative purposes only.

Property Information for 54 Rainey Street, Unit 1020

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 1
  • Parking Features: Assigned, Covered, Guest
  • Covered Spaces: 1
Interior
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Main Level Master
  • Flooring: Tile, Wood
  • Appliances: WasherDryerStacked, Dishwasher, ElectricCooktop, Disposal, Microwave, Refrigerator
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: MainLevel, InUnit, Stacked
  • Restrictions: DeedRestrictions
Exterior
  • Exterior Features: Balcony
  • Construction Materials: Masonry
  • Foundation Details: Slab
  • Patio And Porch Features: See Remarks, Balcony
  • Water Body Name: Lady Bird Lake
  • Roof: Concrete
  • Fencing: None
  • Direction Faces: West
  • Window Features: Blinds, Screens
  • Accessibility Features: Smart Technology
  • Community Features: Barbecue, Concierge, Clubhouse, Fitness Center, Lake, Pool, Rooftop Lounge
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Backs to Greenbelt/Park, Moderate Trees, Views
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Fiber Optic Available, Phone Available, Water Available
Room Information
Room 1
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: EnSuiteBathroom, SeeRemarks
Room 2
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: Chandelier, WalkInClosets
Room 3
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: BreakfastBar, DiningArea, KitchenFamilyRoomCombo, SmartThermostat
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 Owners Association
  • Association Fee Includes: CommonAreaMaintenance, Trash
  • Association Amenities: Concierge
  • Tax Assessed Value: $523,610
  • Tax Year: 2023
  • Tax Rate: 1.81%
Showing Information
Showing Information
  • Security Features: Building Security, Key Card Entry
  • Directions: South End of Rainey Street. Street Parking or in temporary guest parking to the right of the lobby entrance (register with front desk).

Property History for 54 Rainey Street, Unit 1020

DateEvent & SourcePriceAppreciationLink
May 8, 2025

Sold

ACTRIS #6636863

Apr 22, 2025

Pending

ACTRIS #6636863

Apr 16, 2025

Active Under Contract

ACTRIS #6636863

Apr 16, 2025

Pending

ACTRIS #6636863

Mar 6, 2025

Price Change

ACTRIS #6636863

$418,000
Feb 12, 2025

Price Change

ACTRIS #6636863

$434,000
Dec 31, 2024

Listed (Active)

ACTRIS #6636863

$439,000
Dec 30, 2024

Expired

ACTRIS #4542412

Dec 2, 2024

Price Change

ACTRIS #4542412

$459,000
Apr 14, 2024

Listed (Active)

ACTRIS #4542412

$515,000
Mar 11, 2021

Sold

ACTRIS #7313239

Jan 31, 2021

Pending

ACTRIS #7313239

$449,000
Jun 4, 2020

Listed (Active)

ACTRIS #7313239

$450,000
DateEvent & SourcePrice
05/08/2025

Sold

ACTRIS #6636863

04/22/2025

Pending

ACTRIS #6636863

04/16/2025

Active Under Contract

ACTRIS #6636863

04/16/2025

Pending

ACTRIS #6636863

03/06/2025

Price Change

ACTRIS #6636863

$418,000
02/12/2025

Price Change

ACTRIS #6636863

$434,000
12/31/2024

Listed (Active)

ACTRIS #6636863

$439,000
12/30/2024

Expired

ACTRIS #4542412

12/02/2024

Price Change

ACTRIS #4542412

$459,000
04/14/2024

Listed (Active)

ACTRIS #4542412

$515,000
03/11/2021

Sold

ACTRIS #7313239

01/31/2021

Pending

ACTRIS #7313239

$449,000
06/04/2020

Listed (Active)

ACTRIS #7313239

$450,000

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

Public Records for 54 Rainey Street, Unit 1020

Taxable ValueLand$141,308Additions$315,214Total$456,522
Tax Record2023$9,473 ($789 / month)
Home Facts
Beds1Total Finished SqFt750 SqFtAbove Grade Finished SqFt750 SqFtStories1Lot Size187 SqFtStyleCondominiumYear Built2005CountyTRAVISAPN0203031383

Schools near 54 Rainey Street, Unit 1020

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 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 Austin Here I Come, Linda Dittoe, TREC #0491039

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.