54 Rainey ST #502, Austin, TX 78701
54 Rainey ST #502, Austin, TX 78701 photo 2
54 Rainey ST #502, Austin, TX 78701 photo 3
54 Rainey ST #502, Austin, TX 78701 photo 4
54 Rainey ST #502, Austin, TX 78701 photo 5
For Sale

54 Rainey ST #502, Austin, TX 78701

54 Rainey ST #502 Austin TX 78701
  • Price $825,000
  • Beds 3
  • Baths 2
  • Sq Ft 1,557

Perched on the fifth floor of The Milago, this exceptional 3-bed, 2-bath home offers breathtaking west-facing views of the Downtown Austin skyline and Lady Bird Lake. Inside, an open-concept floor plan is filled with natural light streaming through expansive windows that perfectly frame the panoramic views. Rich wood flooring extends throughout the living areas and all three bedrooms, while modern finishes and clean architectural lines create a contemporary feel. The kitchen is thoughtfully designed with granite countertops, stainless steel appliances, ample cabinetry, and a breakfast bar for casual dining, while a dedicated dining area provides the perfect setting for larger gatherings and dinner parties. Just beyond the living room, a private balcony invites you to enjoy morning coffee or evening cocktails overlooking the Austin skyline and Lady Bird Lake. The spacious primary suite serves as a peaceful retreat, featuring a spa-inspired ensuite bath with a soaking tub, walk-in shower, and a custom walk-in closet. Two additional bedrooms offer flexibility for guests, a home office, or additional living space. Residents of Milago enjoy an exceptional collection of amenities, including 24-hour concierge service, secure garage parking, a rooftop pool deck with panoramic views, a fitness center, club room, private event terrace, and dedicated on-site storage. With direct access to the Lady Bird Lake Trail and countless restaurants, coffee shops, and entertainment options just beyond your door on Rainey Street, this residence offers the very best of Austin city living.

Details for 54 Rainey ST #502

54 Rainey ST #502, Austin, TX 78701

Property Type
Residential
Sub Type
Condominium
Year Built
2005
Beds
3
Baths
2
Square Feet
1,557
MLS / Listing ID
4776980

Features at Milago

Interior
  • Breakfast Bar
  • Ceiling Fan(s)
  • Granite Counters
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)
Exterior
  • Balcony
Amenities
  • Bike Storage/Locker
  • Concierge
  • Conference/Meeting Room
  • Fitness Center
  • Lounge
  • Pool
  • Storage
Parking
  • Assigned
  • Garage
  • Secured

Location

Building

Milago

Exclusively Marketed and Sold by Urbanspace Milago Condominiums is your opportunity to appease your inner lake-side – and never leave the city!

Learn more about Milago

Neighborhood

Downtown Austin

From industrial lofts to luxury high-rise living, downtown inventory moves fast. Looking for apartment rentals in downtown Austin? Use the filters to switch between for-sale and lease listings. Life downtown means true walkability. Groceries come from the flagship Whole Foods Market, whose headquarters anchors the Market District, and award-winning restaurants, art galleries, and live music are all on foot. Every pocket has its own personality: the Seaholm District is one of the fastest-growing residential areas in the city; the 2nd Street District is downtown's shopping mecca, home to Violet Crown Theater and ACL Live at the Moody Theater; Rainey Street brings funky bars with outdoor patios; and the Red River corridor keeps Austin weird with historic music venues and local favorites like Moonshine and Sour Duck. Congress Avenue runs polished and chic toward the Capitol, while the Warehouse District stays a little grittier. It adds up to 24/7 urban energy, ideal for buyers who want Austin's most central address.

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Map showing 54 Rainey ST #502, Austin, TX 78701
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Listed by

Listing agent
Michael Frost
Listing office
Compass RE Texas, LLC
Office phone
(512) 575-3644

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