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    54 Rainey St APT 405, Austin, TX 78701

    1beds
    781sqft
    Apartment
    Built in ----
    -- sqft lot
    $337,700 Zestimate®
    $--/sqft
    $2,462 Estimated rent

    Home value

    $337,700

    $317,000 - $361,000

    $2,462/mo

    Zestimate® history
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    What's special

    Modern Condo in Prime Downtown Location Milago on Rainey Street Live in the heart of Austin at the Milago, a sought-after building on lively Rainey Street. This spacious 1-bedroom, 1-bath condo offers 781 sq. ft. of open-concept living with hardwood floors, granite countertops, and stainless steel appliances. Located on the 4th floor with a private balcony, Unit 405 combines modern comfort with unbeatable access to outdoor and city life. Step right outside to the Hike-and-Bike Trail along Lady Bird Lake, or enjoy a short walk to some of Austin's best restaurants, bars, cafes, yoga studios, and entertainment spots. On-Site Amenities: Resort-Style Rooftop Pool & Hot Tub with skyline views Fitness Center & Club Room (2nd floor) WiFi Lounge & Outdoor Patio (1st floor) 3rd-Floor Terrace with Grills and Lounge Seating 24/7 Concierge and Security Fob-Access Building & Package Receiving Key Features: Hardwood floors throughout Granite countertops & stainless steel appliances Multiple closets for ample storage In-unit washer and dryer Private balcony Gated parking garage with assigned spot next to elevator Additional Info: Lease Terms: 12-month minimum Security Deposit: 1 month's rent HOA Application Fee: $300 (non-refundable) Utilities: Tenant pays electricity, water, internet Parking: Assigned space in gated garage near elevator (no additional fee) Pet Policy: One dog or one cat allowed (no additional fee) Why You'll Love Living Here: Whether you're biking the trail, lounging on the rooftop, or enjoying Rainey Street's vibrant scene, this condo offers the perfect blend of nature, nightlife, and convenience all in one of Austin's most desirable downtown communities. Good credit and rental history required. Owner pays monthly HOA fee. Tenant pays all utilities (Electricity, water, and internet). No paint.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 781 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Deck
    • Exterior features: Bicycle storage, Club Room, Electricity not included in rent, Heating system: Forced Air, Internet not included in rent, No Utilities included in rent, TV Lounge, Water not included in rent
    Details
    • Parcel number: 719550

    Construction

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

    Community & neighborhood

    Community
    • Community features: Fitness Center, Pool
    Location
    • Region: Austin

    HOA & financial

    Other fees
    • Deposit fee: $2,000

    Other

    Other facts
    • Available date: 09/13/2025

    Price history

    DateEventPrice
    12/8/2025Sold--
    Source: Agent Provided Report a problem
    10/23/2025Contingent$349,900$448/sqft
    Source: Unlock MLS #4581585 Report a problem
    10/10/2025Listed for sale$349,900$448/sqft
    Source: Unlock MLS #4581585 Report a problem
    10/1/2025Listing removed$2,000$3/sqft
    Source: Zillow Rentals Report a problem
    9/13/2025Price change$2,000-4.8%$3/sqft
    Source: Zillow Rentals Report a problem
    7/23/2025Listed for rent$2,100$3/sqft
    Source: Zillow Rentals Report a problem
    7/29/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/14/2023Listed for rent$2,100+10.5%$3/sqft
    Source: Zillow Rentals Report a problem
    7/25/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/19/2021Listed for rent$1,900$2/sqft
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,457 -9.2%$366,658 -5.5%
    2024$6,009 +12.1%$387,845 +2.1%
    2023$5,360 -7.7%$379,786 +10%
    2022$5,808 $345,260 +10%
    2021-- $313,873 -0.7%
    2020$6,279 +3.8%$315,956
    2019$6,051 -2.7%$315,956 -4%
    2018$6,217 $329,000 +5.1%
    2017$6,217 +16.9%$313,000 +6.3%
    2016$5,320 $294,482 +10%
    2015$5,320 $267,711 +10%
    2014$5,320 $243,374 +8.3%
    2013-- $224,821 +18.8%
    2012-- $189,224 +8.6%
    2011-- $174,236 +2.6%
    2010-- $169,742 -20.8%
    2009-- $214,219
    2008-- $214,219 -19.5%
    2007-- $266,266 +431%
    2006-- $50,146

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $337,700
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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
    $337,700