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Active
    • Price cut: $900 (6/28)
    $349,000

    54 Rainey St APT 811, Austin, TX 78701

    1beds
    756sqft
    : 
    $3,128/mo
    Get pre-qualified
    Condominium
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $462/sqft
    $627/mo HOA

    What's special

    Private patioOpen floor planNatural lightRooftop pool and spa
    Live ON the lake and trail. Enjoy the best of downtown Austin living in this pristine 1-bedroom, 1-bath condo at Milago Condominiums. Located on vibrant Rainey St. with direct access to Lady Bird Lake & Trail, this residence offers an open floor plan, natural light, and one reserved parking space in the gated garage. Amenities include a rooftop pool and spa, 2nd floor fitness center and party/club room, and 1st floor lounge looking out to a private patio, the trail and the lake. Top notch concierge service and secure access 24/7. Walk to dining, entertainment, nightlife and outdoor recreation while enjoying a convenient lock-and-leave lifestyle. Milago is the only downtown condo building situated right on Lady Bird Lake.
    79 days
    |
    357
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joanne Flynn (303) 520-2955,

    Brauman Realty, Inc (303) 520-2955

    Source: Unlock MLS,MLS#: 2641435MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 1
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Washer/Dryer Stacked
      Features
      • See Remarks, Breakfast Bar, Open Floorplan
      • Flooring: Tile, Wood
      • Windows: Window Coverings
      Interior area
      • Total interior livable area: 756 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage, Gated
      • Garage spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: See Remarks, Covered
      • Exterior features: See Remarks, Balcony
      • Pool features: None
      • Fencing: None
      • Has view: Yes
      • View description: Neighborhood
      • Waterfront features: Lake Front, River Front
      • Body of water: Lady Bird Lake
      Lot
      • Size: 191 Square Feet
      • Features: See Remarks, Many Trees
      Details
      • Additional structures: See Remarks
      • Parcel number: 02030313290000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Foundation: Pillar/Post/Pier
      • Roof: Built-Up
      Condition
      • Resale
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Sewer Connected, Water Available

      Community & HOA

      Community
      • Features: Bike Storage/Locker, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Fitness Center, Garage Parking, Gated, Lock and Leave, Lounge, Package Service, Pool, Property Manager On-Site, Recycling Area/Center, Sidewalks, Spa/Hot Tub, Street Lights
      • Subdivision: Milago Condo Amd
      HOA
      • Has HOA: Yes
      • Services included: Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Security
      • HOA fee: $627 monthly
      • HOA name: Milago Condominium
      Location
      • Region: Austin

      Financial & listing details

      • Price per square foot: $462/sqft
      • Tax assessed value: $338,970
      • Annual tax amount: $6,936
      • Date on market: 6/5/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/28/2026Price change$349,000-0.3%$462/sqft
        Source: Unlock MLS #2641435 Report a problem
        6/16/2026Price change$349,900-2.8%$463/sqft
        Source: Unlock MLS #2641435 Report a problem
        6/5/2026Listed for sale$359,900+80%$476/sqft
        Source: Unlock MLS #2641435 Report a problem
        6/19/2009Sold--
        Source: Agent Provided Report a problem
        3/18/2009Listed for sale$199,900$264/sqft
        Source: Listhub #4030805 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,937 -1.4%$338,970 -4.5%
        2024$7,033 +45.9%$354,895 +2.3%
        2023$4,821 -8.5%$346,907 +10%
        2022$5,270 $315,370 +10%
        2021-- $286,700 -9.5%
        2020$6,297 +3.8%$316,800 0%
        2019$6,068 -6.2%$316,892 -4.6%
        2018$6,467 $332,000 +2.2%
        2017$6,467 +0.7%$325,000 -1.6%
        2016$6,421 $330,222 +8.4%
        2015$6,421 $304,654 +12.9%
        2014$6,421 $269,796 +8.6%
        2013-- $248,359 +19.5%
        2012-- $207,865 +8.9%
        2011-- $190,814 -0.1%
        2010-- $191,035 -20.9%
        2009-- $241,560
        2008-- $241,560 -7.2%
        2007-- $260,185 +431.7%
        2006-- $48,933
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        84 / 100
        Very Walkable
        59 / 100
        Good Transit
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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.

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