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!
Features of 54 Rainey St 1020
MLS® #
6636863
Price
$418,000
Bedrooms
1
Bathrooms
1.00
Full Baths
1
Square Footage
750
Acres
0.00
Year Built
2005
Type
Residential
Sub-Type
Condominium
Status
Active Under Contract
Has Pool
No
Water Feature/View
View
City,Hills,Lake,Lady Bird Lake
Is Waterfront
Yes
Community Information: Austin
Address
54 Rainey St 1020
Area
DT
Subdivision
Milago Condo Amd
City
Austin
County
Travis
State
TX
Zip Code
78701
Amenities of 54 Rainey St 1020
Amenities
Concierge
Utilities
Electricity Available, Fiber Optic Available, Phone Available, Water Available
Features
Barbecue, Clubhouse, Lake, Pool, Concierge, Fitness Center, Rooftop Lounge
Parking
Assigned, Covered, Guest
# of Garages
1
Interior of 54 Rainey St 1020
Interior
Tile, Wood
Appliances
Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer/Dryer Stacked
Heating
Central
Fireplace
No
# of Stories
1
Stories
One
Exterior of 54 Rainey St 1020
Exterior Features
Balcony
Lot Description
Backs to Greenbelt/Park, Views, Moderate Trees
Roof
Concrete
Construction
Masonry
Foundation
Slab
School Information
District
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin
Additional Information On 54 Rainey St 1020
Days on Market
106
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
580
HOA Fees Freq.
Monthly
Gated Community
No
Property History
Price Reduced from $434,000 to $418,000
Price Reduced from $439,000 to $434,000
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Austin Here I Come(512) 947-6400. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 20th, 2025 at 10:31am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.