Active

$349,000

54 Rainey St APT 811, Austin, TX 78701

1beds

756sqft

$3,293/mo

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Condominium

Built in 2005

-- sqft lot

$-- Zestimate^®

$462/sqft

$627/mo HOA

What's special

Spacious open floor planNatural lightRooftop pool and spa

Live ON the lake and trail. Enjoy the best of downtown Austin living in this pristine condo with 1-Bedroom, 1-Bath + Balcony at Milago Condominiums. Located on vibrant Rainey St. with direct access to Lady Bird Lake & Trail, this residence offers a spacious open floor plan, natural light, a balcony looking down on Rainey St. and a 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 leading 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 that is right on Lady Bird Lake and in the popular Rainey Street Historical District. Rsvd Garage Parking Space #A115

125 days
235
18

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

Price history

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

Public tax history

Year	Property taxes	Tax 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