54 Rainey St 609, Austin, TX

$465,000

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2

Beds

2

Baths

1,164

Square feet

0.01

Acres

About 54 Rainey St 609

Experience elevated downtown living at Milago, one of Austin's premier waterfront high-rises in the heart of the vibrant Rainey Street District. This beautifully updated 2-bedroom, 2-bath residence offers an open-concept floor plan with rich wood flooring, abundant natural light, and contemporary finishes throughout. The renovated kitchen features white shaker cabinetry, granite countertops, stainless steel appliances, a stylish herringbone tile backsplash, and a spacious breakfast bar that seamlessly connects to the living and dining areas, perfect for entertaining. The generous living space opens to large windows that fill the home with natural light while creating a bright and inviting atmosphere. The primary suite offers a private retreat with an en-suite bath and ample closet space, while the secondary bedroom provides flexibility for guests, a home office, or additional living needs. Refrigerator, washer, and dryer convey. Milago residents enjoy exceptional amenities, including 24-hour concierge service, a rooftop pool and spa, fitness center, clubroom, and direct access to the Hike-and-Bike Trail and Lady Bird Lake. Building enhancements are currently underway, including updated hallways, a fully renovated clubroom, and new elevators, further enhancing the property's value and appeal.Enjoy walkable access to Austin's best dining, entertainment, nightlife, and outdoor recreation, all just steps from your front door. This is downtown Austin living at its finest.

Features of 54 Rainey St 609

MLS® # 2020610
Price $465,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,164
Acres 0.01
Year Built 2005
Type Residential
Sub-Type Condominium
Status Active
Has Pool No

Water Feature/View

View None
Is Waterfront No

Community Information: Austin

Address 54 Rainey St 609
Area DT
Subdivision Milago Condo Amd
City Austin
County Travis
State TX
Zip Code 78701

Amenities of 54 Rainey St 609

Amenities Concierge
Utilities Electricity Connected, Fiber Optic Available, Sewer Connected, Water Connected
Features Barbecue, Bicycle Storage, Common Grounds/Area, Clubhouse, Community Mailbox, Internet Access, Pool, Trails/Paths, Business Center, Concierge, Conference/Meeting Room, Fitness Center, Package Service
Parking Assigned, Covered, Electric Gate, Gated, Guest
# of Garages 2

Interior of 54 Rainey St 609

Interior Tile, Wood
Appliances Dishwasher, Disposal, Microwave, Dryer, Electric Range, Range, Refrigerator, Washer
Heating Central
Fireplace No
# of Stories 1
Stories One

Exterior of 54 Rainey St 609

Exterior Features Balcony
Lot Description None
Roof Membrane
Construction Brick, Concrete, Stucco
Foundation Slab

School Information

District Austin ISD
Elementary Mathews
Middle O Henry
High Austin

Additional Information On 54 Rainey St 609

Days on Market 101
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 965
HOA Fees Freq. Monthly
Gated Community No

Property History

Price Reduced from $480,000 to $465,000
Price Reduced from $499,888 to $480,000
Price Reduced from $515,000 to $499,888
Price Reduced from $530,000 to $515,000

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: Womack Real Estate LLC(512) 689-9324. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 21st, 2026 at 9:46am 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.

Map to 54 Rainey St 609, Austin

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