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Off market
  • $919,200

    54 Rainey St APT 1018, Austin, TX 78701

    3beds
    1,956sqft
    Apartment
    Built in ----
    -- sqft lot
    $919,200 Zestimate®
    $470/sqft
    $5,703 Estimated rent

    Home value

    $919,200

    $873,000 - $965,000

    $5,703/mo

    Zestimate® history
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    $5,703/mo

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    $5,901/mo

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    $5,901/mo

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    What's special

    Ideally situated on a high floor of the Milago, this expansive 1,956 SF corner residence offers unobstructed views of the Austin skyline and Lady Bird Lake. With a flexible layout featuring three bedrooms (or two with home office or study) this home is thoughtfully designed for both comfort and sophistication. The open-concept living and dining areas flow into the kitchen with generous counter space, stainless steel appliances, and a large pantry. The primary suite is a true retreat, complete with a walk-in closet, private balcony, and a spacious spa-like bath featuring a soaking tub, glass-enclosed shower, dual vanity, and great storage. The second bedroom includes its own en-suite bath, providing comfort and privacy for guests. Additional features include two reserved parking spaces and a private storage unit. Perhaps one of the best secrets in town, The Milago is located on the quiet end of Rainey Street with direct access to the Hike & Bike Trail while being steps away from restaurants, bars, and entertainment, offering a rare balance of lakeside calm and downtown connectivity. The building's full-service amenities include a 24-hour concierge, rooftop pool and spa, fitness center, business center, third-floor terrace with BBQ and seating, and secure bike storage. Also available for sale.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Walk In Closet
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,956 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Walk In Closet
    Details
    • Parcel number: 719708

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & neighborhood

    Community
    • Community features: Pool
    Location
    • Region: Austin

    HOA & financial

    Other fees
    • Deposit fee: $6,500
    • Application fee: $75

    Other

    Other facts
    • Available date: 11/05/2025

    Price history

    DateEventPrice
    6/17/2026Listing removed$949,999$486/sqft
    Source: Unlock MLS #2440461 Report a problem
    5/30/2026Listed for rent$4,800-26.2%$2/sqft
    Source: Unlock MLS #8186815 Report a problem
    5/24/2026Price change$949,999-3.9%$486/sqft
    Source: Unlock MLS #2440461 Report a problem
    3/5/2026Listed for sale$989,000-1%$506/sqft
    Source: Unlock MLS #2440461 Report a problem
    12/27/2025Listing removed$999,000$511/sqft
    Source: Unlock MLS #5853750 Report a problem
    11/28/2025Listing removed$6,500$3/sqft
    Source: Zillow Rentals Report a problem
    11/19/2025Price change$6,500-18.6%$3/sqft
    Source: Zillow Rentals Report a problem
    10/30/2025Listed for rent$7,985$4/sqft
    Source: Zillow Rentals Report a problem
    8/7/2025Price change$999,000-7.4%$511/sqft
    Source: Unlock MLS #5853750 Report a problem
    7/9/2025Listed for sale$1,079,000-1.9%$552/sqft
    Source: Unlock MLS #5853750 Report a problem
    7/3/2025Listing removed$1,100,000$562/sqft
    Source: Unlock MLS #9115496 Report a problem
    4/6/2025Price change$1,100,000-4.3%$562/sqft
    Source: Unlock MLS #9115496 Report a problem
    1/28/2025Listed for sale$1,150,000+41.1%$588/sqft
    Source: Unlock MLS #9115496 Report a problem
    10/15/2020Sold--
    Source: Realty Austin solds #7940997_78701_1018 Report a problem
    9/22/2020Pending sale$815,000$417/sqft
    Source: Realty Austin #7940997 Report a problem
    9/15/2020Price change$815,000-1.2%$417/sqft
    Source: Realty Austin #7940997 Report a problem
    8/22/2020Price change$825,000+3.3%$422/sqft
    Source: Realty Austin #7940997 Report a problem
    7/14/2020Price change$799,000-2.6%$408/sqft
    Source: Urbanspace #7789435 Report a problem
    7/9/2020Price change$820,000-3.5%$419/sqft
    Source: Urbanspace #7789435 Report a problem
    6/21/2020Listed for sale$850,000$435/sqft
    Source: Urbanspace #7789435 Report a problem
    3/24/2020Listing removed$850,000$435/sqft
    Source: Urbanspace #3436613 Report a problem
    3/10/2020Price change$850,000-2.9%$435/sqft
    Source: Urbanspace #3436613 Report a problem
    2/21/2020Price change$875,000-2.7%$447/sqft
    Source: Urbanspace #3436613 Report a problem
    2/8/2020Listed for sale$899,000$460/sqft
    Source: Urbanspace #3436613 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,211 -7.4%$869,981 -1.4%
    2024$12,107 -1.7%$882,680 -7%
    2023$12,315 -39.9%$948,640 -17.5%
    2022$20,475 $1,150,547 +46.8%
    2021-- $784,000 -13.5%
    2020$18,535 +3.6%$906,400
    2019$17,889 +10.8%$906,400 +6.5%
    2018$16,151 $851,000 +7.7%
    2017$16,151 +9%$790,000 +5.1%
    2016$14,822 $752,000 +5.9%
    2015$14,822 $710,000 +7%
    2014$14,822 $663,280 +27.6%
    2013-- $520,000 +3.6%
    2012-- $501,896 +6.6%
    2011-- $470,800 +1%
    2010-- $466,198 -20.9%
    2009-- $589,075
    2008-- $589,075 -1.5%
    2007-- $597,867 +420%
    2006-- $114,983

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $919,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $919,200