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.
Active
$530,000
54 Rainey St APT 609, Austin, TX 78701
2beds
1,164sqft
Condominium
Built in 2005
-- sqft lot
$-- Zestimate®
$455/sqft
$965/mo HOA
What's special
Contemporary finishes throughoutOpen-concept floor planRich wood flooringAbundant natural lightStainless steel appliancesLarge windowsBright and inviting atmosphere
- 20 days |
- 285 |
- 11 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Sherene Mayner (512) 689-9324,
Womack Real Estate LLC (512) 626-0621
Source: Unlock MLS,MLS#: 2020610
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Range, Refrigerator, Washer
Features
- Breakfast Bar, Ceiling Fan(s), High Ceilings, Granite Counters, Double Vanity, Electric Dryer Hookup, Eat-in Kitchen, Kitchen Island, Open Floorplan, Smart Thermostat, Walk-In Closet(s), Washer Hookup
- Flooring: Tile, Wood
- Windows: Window Coverings
Interior area
- Total interior livable area: 1,164 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Electric Gate, Gated, Guest, Reserved
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: Balcony
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 291 Square Feet
- Features: None
Details
- Additional structures: None
- Parcel number: 02030312800000
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Membrane
Condition
- Resale
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
- Utilities for property: Electricity Connected, Internet-Fiber, Sewer Connected, Water Connected
Community & HOA
Community
- Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Clubhouse, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Covered Parking, Fitness Center, High Speed Internet, Lock and Leave, Package Service, Pool, Recycling Area/Center, Spa/Hot Tub
- Subdivision: Milago Condo Amd
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Security
- HOA fee: $965 monthly
- HOA name: Milago HOA
Location
- Region: Austin
Financial & listing details
- Price per square foot: $455/sqft
- Tax assessed value: $469,035
- Annual tax amount: $9,619
- Date on market: 6/12/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $530,000+1.9%$455/sqft |
Source: | ||
| 12/10/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/9/2023 | Listed for rent | $1,995$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/31/2016 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 5/12/2016 | Pending sale | $519,900$447/sqft |
Source: CENTURY 21 Hellmann Stribling #5363065 Report a problem | ||
| 2/10/2016 | Listed for sale | $519,900+9.5%$447/sqft |
Source: CENTURY 21 Hellmann Stribling #5363065 Report a problem | ||
| 6/24/2015 | Listing removed | $475,000$408/sqft |
Source: Coldwell Banker United, Realtors #9897429 Report a problem | ||
| 3/19/2015 | Pending sale | $475,000$408/sqft |
Source: Coldwell Banker United, Realtors #9897429 Report a problem | ||
| 3/19/2015 | Listed for sale | $475,000$408/sqft |
Source: Coldwell Banker United, Realtors #9897429 Report a problem | ||
| 1/22/2015 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 1/17/2015 | Listed for sale | $475,000$408/sqft |
Source: Coldwell Banker United, Realtors (Austin)-TX #9897429 Report a problem | ||
| 12/12/2014 | Listing removed | $475,000$408/sqft |
Source: Coldwell Banker United, Realtors #9897429 Report a problem | ||
| 11/23/2014 | Listed for sale | $475,000$408/sqft |
Source: Coldwell Banker United, Realtors #9897429 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,343 -15.5% | $469,035 -12.6% |
| 2024 | $8,686 +3.7% | $536,901 -4.7% |
| 2023 | $8,372 -7.1% | $563,598 +10% |
| 2022 | $9,013 | $512,362 +10% |
| 2021 | -- | $465,784 -9.1% |
| 2020 | $10,496 +3.6% | $512,408 |
| 2019 | $10,131 +5.4% | $512,408 +5% |
| 2018 | $9,612 | $488,184 +4.1% |
| 2017 | $9,612 +32.1% | $468,825 +7% |
| 2016 | $7,275 | $438,017 +11.4% |
| 2015 | $7,275 | $393,276 +19.3% |
| 2014 | $7,275 | $329,736 +10% |
| 2013 | -- | $299,760 +10% |
| 2012 | -- | $272,509 +8.5% |
| 2011 | -- | $251,165 +3.6% |
| 2010 | -- | $242,406 -24.2% |
| 2009 | -- | $319,989 |
| 2008 | -- | $319,989 -13.7% |
| 2007 | -- | $370,735 +424.1% |
| 2006 | -- | $70,742 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 10/10Mathews Elementary SchoolGrades: PK-6Distance: 1.9 mi
- 6/10O Henry Middle SchoolGrades: 6-8Distance: 2.9 mi
- 7/10Austin High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Mathews
- Middle: O Henry
- High: Austin
- District: Austin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Travis County
- Austin
- 78701
- Downtown
- 54 Rainey St Apartment 609








