Active

$519,000

54 Rainey St APT 608, Austin, TX 78701

1beds

893sqft

$4,530/mo

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Condominium

Built in 2005

-- sqft lot

$-- Zestimate^®

$581/sqft

$741/mo HOA

What's special

Study with built-ins

Don't miss this rare opportunity to have the most beautiful and peaceful view of the downtown Austin skyline. This one bedroom condo also has a study with built-ins that can double as a guest room or a child's bedroom. Watch the fireworks from your balcony and see the infamous bats fly out from the congress bridge at dusk. The Trail and Lady Bird Lake are right out the back door. There is no other condo building so conveniently located for your outdoor activities - walking, running, biking, paddle boarding, kayaking and more. On Rainey St you will find a grocery store, med-spa, salon, fabulous restaurants and popular bars.

6 days
103
5

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Heating

Central, Electric

Cooling

Ceiling Fan(s), Central Air, Electric

Appliances

Included: Dishwasher, Disposal, Microwave, Free-Standing Range, Electric Water Heater

Features

Breakfast Bar, Elevator, Entrance Foyer, High Ceilings, Primary Bedroom on Main, No Interior Steps, Bookcases, Multiple Living Areas, Study/Home Office
Flooring: No Carpet, Tile, Wood
Windows: Drapes, Screens, Solar Screens
Fireplace features: None

Interior area

Total interior livable area: 893 sqft

Property

Parking

Total spaces: 1
Parking features: Garage, Reserved
Garage spaces: 1

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio
Exterior features: Boat Ramp, No Exterior Steps
Has private pool: Yes
Pool features: In Ground, Pool/Spa Combo, See Remarks
Spa features: Hot Tub, In Ground
Fencing: None
Has view: Yes
View description: Lake, Panoramic, Park/Greenbelt, River
Has water view: Yes
Water view: Lake,River
Waterfront features: Lake Front
Body of water: Lady Bird Lake

Lot

Size: 217 Square Feet
Features: Back to Park/Greenbelt, Trees-Large (Over 40 Ft), Many Trees

Details

Additional structures: None
Parcel number: 02030312790000
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Foundation: Pillar/Post/Pier
Roof: Flat Tile

Condition

Resale
New construction: No
Year built: 2005

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available

Community & HOA

Community

Features: Cluster Mailbox, Common Grounds, Lake, Park, Pool, Sidewalks
Subdivision: Milago Condo Amd

HOA

Has HOA: Yes
Services included: Common Area Maintenance, Insurance, Landscaping, Maintenance Structure, See Remarks
HOA fee: $741 monthly
HOA name: Milago HOA

Location

Region: Austin

Financial & listing details

Price per square foot: $581/sqft
Tax assessed value: $493,553
Annual tax amount: $3,183
Date on market: 10/24/2026
Listing terms: Cash,Conventional,Lender Approval
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/24/2026	Listed for sale	$519,000+15.3%$581/sqft
Source: Unlock MLS #3929245 Report a problem
9/15/2016	Listing removed	$450,000$504/sqft
Source: Kuper Sotheby's International Realty #5094176 Report a problem
7/29/2016	Pending sale	$450,000$504/sqft
Source: Kuper Sotheby's International Realty #5094176 Report a problem
7/20/2016	Price change	$450,000-4.1%$504/sqft
Source: Kuper Sotheby's International Realty #5094176 Report a problem
7/14/2016	Listed for sale	$469,000+24.8%$525/sqft
Source: Kuper Sotheby's Itl Rlty #5094176 Report a problem
4/15/2013	Listing removed	$375,900$421/sqft
Source: Amelia Bullock Realtors #3768907 Report a problem
4/12/2013	Listed for sale	$375,900$421/sqft
Source: Amelia Bullock Realtors #3768907 Report a problem
4/4/2013	Pending sale	$375,900$421/sqft
Source: Amelia Bullock Realtors #3768907 Report a problem
3/29/2013	Price change	$375,900+0.2%$421/sqft
Source: Amelia Bullock Realtors #3768907 Report a problem
3/20/2013	Listed for sale	$375,000$420/sqft
Source: Amelia Bullock Realtors #3768907 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,183 -31.4%	$493,553 -11.5%
2024	$4,642 +4.2%	$557,394 +4.2%
2023	$4,453 -18%	$534,820 -5.8%
2022	$5,427	$567,519 +28.4%
2021	--	$442,000 +10%
2020	$5,567 +4.4%	$402,000 -0.9%
2019	$5,333 -0.6%	$405,846 -2.7%
2018	$5,362	$417,000 +4.3%
2017	$5,362 -35.5%	$400,000 -1.5%
2016	$8,309	$405,973 +2.8%
2015	$8,309	$394,986 +13.1%
2014	$8,309	$349,137 +18.7%
2013	--	$294,181 +10%
2012	--	$267,437 +9.1%
2011	--	$245,036 -1.7%
2010	--	$249,339 -21%
2009	--	$315,646
2008	--	$315,646 +5.7%
2007	--	$298,739 +429%
2006	--	$56,476