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Off market
  • $383,000

    54 Rainey St APT 1215, Austin, TX 78701

    1beds
    1baths
    756sqft
    Apartment
    Built in 2005
    -- sqft lot
    $383,000 Zestimate®
    $507/sqft
    $2,509 Estimated rent

    Home value

    $383,000

    $356,000 - $410,000

    $2,509/mo

    Zestimate® history
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    $2,509/mo

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    $2,509/mo

    Rent Zestimate®

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    $3,451/mo

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    $3,451/mo

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    What's special

    Furnished condo for rent in one of the greatest downtown areas. One year lease minimum. Washer, dryer, refrigerator, dishwasher in unit. One parking space, covered. Pool and Jacuzzi and BBQs on rooftop. Rent is $2,450 per month plus $3,000 deposit. A must see! This unique unit #1215 in the Milago Condo on Lady Bird Lake captures the morning sun and has wonderful natural light throughout the day with a distant view. Perfect in every way. Granite Counters, Stainless Appliances, Full Size Stack Whirlpool W/D, Wood Floors, Motorized Solar Shades and Custom Closet Organizer. Milago is located in the Rainey St Historical District on Lady Bird Lake and Trail with a vibrant nightlife, restaurants, and live music up the street. Rent a Paddle Board or Kayak at the Waller Creek Boathouse, Bike, Run, Walk the trail, have dinner and a cocktail anywhere downtown. It doesn't get any better. Milago Condominium is an amazing value and is the only residential building right on the lake in the downtown Austin area. It is so quiet and park-like at this end of the street and is truly a fabulous location in the most trendy area of Downtown Austin. 24 hr Concierge. Includes one Rsvd Pkg Space. MOVE-IN READY No pets, No smoking. Renter pays all utilities: Water, Electric, Internet. One parking space.

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    • Furnished: Yes
    Interior area
    • Total interior livable area: 756 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Lot
    • Size: 191 sqft
    Details
    • Parcel number: 719747

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • Roof: Built-up
    Condition
    • Year built: 2005

    Community & neighborhood

    Location
    • Region: Austin

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $929 monthly

    Other

    Other facts
    • Bicycle storage
    • Cooling System: Air Conditioning
    • Electricity not included in rent
    • Internet not included in rent
    • Laundry: In Unit
    • No Utilities included in rent
    • Parking Type: Garage
    • Water not included in rent

    Price history

    DateEventPrice
    10/10/2025Listing removed$2,300$3/sqft
    Source: Unlock MLS #1144362 Report a problem
    10/6/2025Listed for rent$2,300$3/sqft
    Source: Unlock MLS #1144362 Report a problem
    5/15/2025Listing removed$460,000$608/sqft
    Source: Unlock MLS #5232714 Report a problem
    3/11/2025Listed for rent$2,300-4.2%$3/sqft
    Source: Unlock MLS #2944753 Report a problem
    11/29/2024Listing removed$2,400$3/sqft
    Source: Unlock MLS #2944753 Report a problem
    11/18/2024Price change$2,400-2%$3/sqft
    Source: Unlock MLS #2944753 Report a problem
    11/6/2024Price change$460,000-2.1%$608/sqft
    Source: Unlock MLS #5232714 Report a problem
    8/15/2024Price change$470,000-3.1%$622/sqft
    Source: Unlock MLS #5232714 Report a problem
    7/3/2024Listed for sale$485,000$642/sqft
    Source: Unlock MLS #5232714 Report a problem
    11/18/2022Price change$2,450+4.3%$3/sqft
    Source: Zillow Rental Manager Report a problem
    11/5/2022Listed for rent$2,350$3/sqft
    Source: Zillow Rental Network_1 #8449573 Report a problem
    5/25/2021Sold--
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,901 -1.9%$386,077 -5%
    2024$8,058 -6.6%$406,579 -14.8%
    2023$8,630 -3.5%$476,984 +5.3%
    2022$8,944 $452,894 +24.8%
    2021-- $362,963 +8.8%
    2020$5,204 -18.8%$333,692
    2019$6,407 -14%$333,692 -10.5%
    2018$7,450 $372,966 +0.2%
    2017$7,450 +21.3%$372,205 +10%
    2016$6,141 $338,368 +10%
    2015$6,141 $307,607 +10%
    2014$6,141 $279,643 +10%
    2013-- $254,221 +10%
    2012-- $231,110 +10%
    2011-- $210,100 +10%
    2010-- $191,000 -30.2%
    2009-- $273,810 +10%
    2008-- $249,000 -17.2%
    2007-- $300,685 +514.5%
    2006-- $48,933

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $383,000
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    Estimated market value
    $383,000