Enjoy true lakefront living at Milago! Spacious 2/2 features granite countertops, center island, pantry, hardwoods + tile throughout. Recent appliance updates include washer/dryer, refrigerator, oven, dishwasher, A/C and water heater. Primary bath with dual vanity, soaking tub and walk-in shower. Covered balcony with partial lake view. Two reserved parking spaces. Rooftop amenities with city, lake and nature views feature swimming pool, hot tub, gas grills, lounge area with firepit, conference room, well-equipped fitness center and 24/7 reception staff. Situated along Lady Bird Lake hike & bike trail and an easy 10 minute walk to Waller Creek Boathouse for kayak and paddleboard rentals. Abundant dining and nightlife options at your front door. Quick commute to Whole Foods and the Austin airport. Live and play downtown in the vibrant Rainey Street District!
Sold
Price Unknown
54 Rainey St APT 713, Austin, TX 78701
2beds
1,164sqft
Condo
Built in 2005
-- sqft lot
$479,200 Zestimate®
$--/sqft
$3,437 Estimated rent
Home value
$479,200
$450,000 - $513,000
$3,437/mo
Zestimate® history
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$595/mo
Est. payment
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Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Heating
- Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Double Vanity, Walk-In Closet(s), No Interior Steps
- Flooring: Tile, Hardwood
Interior area
- Total interior livable area: 1,164 sqft
Property
Parking
- Total spaces: 2
Features
- Pool features: In Ground, Pool/Spa Combo
- Has spa: Yes
- Spa features: Community
- Has view: Yes
- View description: Water, City
- Has water view: Yes
- Water view: Water
Lot
- Size: 291 sqft
- Features: See Remarks
Details
- Parcel number: 719631
Construction
Type & style
- Home type: Condo
Condition
- Year built: 2005
Utilities & green energy
- Utilities for property: Electricity Available, See Remarks, Water Available, Phone Available
Community & neighborhood
Community
- Community features: Fitness Center
Location
- Region: Austin
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $595 monthly
Other
Other facts
- Flooring: Wood, Tile
- View: Lake, Panoramic, City, Hill Country
- Appliances: Dishwasher, Refrigerator, Disposal, Washer/Dryer, Microwave, Oven
- AssociationYN: true
- Heating: Electric
- SpaYN: true
- HeatingYN: true
- CoolingYN: true
- Utilities: Electricity Available, See Remarks, Water Available, Phone Available
- Roof: See Remarks
- CommunityFeatures: Pool, Controlled Access, Fitness Center, Lounge, Concierge, BBQ Pit/Grill, Sundeck, Rooftop Lounge
- ConstructionMaterials: See Remarks
- PropertyAttachedYN: true
- InteriorFeatures: Double Vanity, Walk-In Closet(s), No Interior Steps
- ElectricOnPropertyYN: True
- PoolPrivateYN: True
- DirectionFaces: East
- FarmLandAreaUnits: Square Feet
- PoolFeatures: In Ground, Pool/Spa Combo
- Cooling: Central Air
- ExteriorFeatures: Boat Ramp
- LotFeatures: See Remarks
- MainLevelBedrooms: 2
- SpaFeatures: Community
- LivingAreaSource: Public Records
- YearBuiltSource: Public Records
- ParkingFeatures: Reserved
- DistanceToWaterComments: Less than 1 Mile
- StructureType: High Rise (8-13 Stories), Single level Floor Plan
- MlsStatus: Active
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2025 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 11/11/2025 | Pending sale | $499,400$429/sqft |
Source:  Unlock MLS #1870432 Report a problem | ||
| 11/3/2025 | Contingent | $499,400$429/sqft |
Source: Unlock MLS #1870432 Report a problem | ||
| 10/21/2025 | Price change | $499,400-0.1%$429/sqft |
Source: Unlock MLS #1870432 Report a problem | ||
| 9/26/2025 | Price change | $499,900-7.4%$429/sqft |
Source: Unlock MLS #1870432 Report a problem | ||
| 7/30/2025 | Price change | $540,000-6.1%$464/sqft |
Source: Unlock MLS #1870432 Report a problem | ||
| 7/3/2025 | Price change | $575,000-1.7%$494/sqft |
Source: Unlock MLS #1870432 Report a problem | ||
| 5/21/2025 | Price change | $585,000-1.7%$503/sqft |
Source: Unlock MLS #1870432 Report a problem | ||
| 3/19/2025 | Listed for sale | $595,000-20.7%$511/sqft |
Source: Unlock MLS #1870432 Report a problem | ||
| 10/20/2023 | Listing removed | -- |
Source: Unlock MLS #4323223 Report a problem | ||
| 5/9/2023 | Listed for sale | $749,999$644/sqft |
Source: Unlock MLS #4323223 Report a problem | ||
| 4/3/2023 | Listing removed | -- |
Source: Unlock MLS #7457011 Report a problem | ||
| 3/21/2023 | Listed for sale | $749,999+56.3%$644/sqft |
Source: Unlock MLS #7457011 Report a problem | ||
| 3/16/2021 | Listing removed | -- |
Source: Unlock MLS #1308924 Report a problem | ||
| 11/5/2020 | Listed for sale | $479,900$412/sqft |
Source: Urbanspace #1308924 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,273 -6% | $519,461 -4.4% |
| 2024 | $8,799 -23.2% | $543,201 -14.2% |
| 2023 | $11,456 -3.9% | $633,211 +4.9% |
| 2022 | $11,921 | $603,623 +27.3% |
| 2021 | -- | $474,084 -7% |
| 2020 | $10,308 +3.7% | $510,000 |
| 2019 | $9,943 +8.3% | $510,000 +2.7% |
| 2018 | $9,184 | $496,384 +9% |
| 2017 | $9,184 +21.5% | $455,440 +10% |
| 2016 | $7,556 | $414,036 +10% |
| 2015 | $7,556 | $376,396 +10% |
| 2014 | $7,556 | $342,178 +10% |
| 2013 | -- | $311,071 +10% |
| 2012 | -- | $282,792 +8.6% |
| 2011 | -- | $260,387 +2.7% |
| 2010 | -- | $253,551 -20.8% |
| 2009 | -- | $319,989 |
| 2008 | -- | $319,989 -13.7% |
| 2007 | -- | $370,735 +424.1% |
| 2006 | -- | $70,742 |
Find assessor info on the county website
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: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$479,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$479,200
- Texas
- Travis County
- Austin
- 78701
- Downtown
- 54 Rainey St Apartment 713
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