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Active
  • $475,000

    54 Rainey St APT 920, Austin, TX 78701

    1beds
    750sqft
    : 
    $4,089/mo
    Get pre-qualified
    Condominium
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $633/sqft
    $622/mo HOA

    What's special

    Exceptional waterfront locationAbundant natural lightOpen efficient floor planCaptivating lake viewsPanoramic water views
    Enjoy a front-row seat to Lady Bird Lake from this ninth-floor residence at Milago, where panoramic water views and abundant natural light create an inviting retreat in the heart of downtown Austin. Expansive windows frame the lake from nearly every room, while a private balcony extends the living space outdoors, offering a beautiful setting to take in the views and enjoy the waterfront surroundings. Streamlined for comfort and convenience, Unit 920 features an open, efficient floor plan that makes the most of its space and exceptional setting. Whether enjoyed as a full-time residence, weekend getaway or lock-and-leave retreat, the home offers an appealing balance of urban living and everyday comfort. Milago's amenities further enhance the experience, with a rooftop pool offering sweeping views of the lake and downtown skyline, a fitness center, concierge services and inviting common areas. Just outside the building, the Lady Bird Lake hike-and-bike trail invites morning walks, afternoon bike rides and easy access to Austin's waterfront parks and green spaces. In the other direction, the vibrant Rainey Street District offers an eclectic collection of restaurants, coffee shops and entertainment, all within easy walking distance. With its exceptional waterfront location, captivating lake views and proximity to downtown Austin's dining, entertainment and cultural destinations, Milago Unit 920 offers a distinctive opportunity to enjoy the best of Austin's urban and outdoor lifestyles.
    14 days
    194
    16

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Barbara Van Dyke (512) 431-2552,

    Compass RE Texas, LLC (512) 575-3644

    Source: Unlock MLS,MLS#: 7555409MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Washer/Dryer Stacked
      Features
      • Breakfast Bar, No Interior Steps, Primary Bedroom on Main, Track Lighting, Walk-In Closet(s), Granite Counters
      • Flooring: Vinyl
      • Windows: None
      • Fireplace features: None
      Interior area
      • Total interior livable area: 750 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Reserved
      • Garage spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Exterior features: Balcony, Boat Ramp
      • Has private pool: Yes
      • Pool features: Rooftop Pool, See Remarks
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: City, Lake, Panoramic, Park/Greenbelt, River
      • Has water view: Yes
      • Water view: Lake,River
      • Waterfront features: River Front
      • Body of water: Lake Austin
      Lot
      • Size: 174 Square Feet
      • Features: Back to Park/Greenbelt, Views
      Details
      • Additional structures: None
      • Parcel number: 02030313610000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Foundation: Slab
      • Roof: See Remarks
      Condition
      • Resale
      • New construction: No
      • Year built: 2005

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Bike Storage/Locker, Clubhouse, Concierge, Fitness Center, Garage Parking, Park, Pet Amenities
      • Subdivision: Milago Condo Amd
      HOA
      • Has HOA: Yes
      • Services included: Common Area Maintenance, Insurance, Landscaping, Maintenance Structure
      • HOA fee: $622 monthly
      • HOA name: Milago Condominiums
      Location
      • Region: Austin

      Financial & listing details

      • Price per square foot: $633/sqft
      • Tax assessed value: $366,714
      • Annual tax amount: $7,259
      • Date on market: 10/16/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/16/2026Listed for sale$475,000+13.4%$633/sqft
        Source: Unlock MLS #7555409 Report a problem
        1/13/2021Listing removed--
        Source: Unlock MLS Report a problem
        12/11/2020Price change$419,000-1.4%$559/sqft
        Source: Eleven Oaks Realty #6406574 Report a problem
        12/2/2020Price change$425,000-0.9%$567/sqft
        Source: Eleven Oaks Realty #6406574 Report a problem
        9/29/2020Price change$429,000-1.4%$572/sqft
        Source: Eleven Oaks Realty #6406574 Report a problem
        8/18/2020Price change$435,000-1.8%$580/sqft
        Source: Eleven Oaks Realty #6406574 Report a problem
        7/14/2020Listed for sale$443,000+15.1%$591/sqft
        Source: Eleven Oaks Realty #6406574 Report a problem
        11/1/2017Listing removed$1,950$3/sqft
        Source: Eleven Oaks Realty #9652160 Report a problem
        10/25/2017Listed for rent$1,950$3/sqft
        Source: Eleven Oaks Realty #9652160 Report a problem
        7/23/2017Listing removed$385,000$513/sqft
        Source: Realty Austin #1626671 Report a problem
        5/31/2017Pending sale$385,000$513/sqft
        Source: Realty Austin #1626671 Report a problem
        5/26/2017Listed for sale$385,000$513/sqft
        Source: Realty Austin #1626671 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,259 -19.8%$366,714 -19.7%
        2024$9,047 -7%$456,522 -15.1%
        2023$9,733 -3.1%$537,962 +5.7%
        2022$10,049 $508,815 +21.3%
        2021-- $419,400 +17.6%
        2020$7,943 +3.8%$356,733
        2019$7,651 -1%$356,733 -7.8%
        2018$7,727 $386,709 +10.8%
        2017$7,727 +10.9%$349,000 +5.1%
        2016$6,966 $332,000 +0.6%
        2015$6,966 $330,000 +9.9%
        2014$6,966 $300,203 +8.9%
        2013-- $275,611 +20%
        2012-- $229,692 +9.2%
        2011-- $210,358 -2.1%
        2010-- $214,930 -21%
        2009-- $272,160 -7.3%
        2008-- $293,660 +13.8%
        2007-- $258,131 +431.6%
        2006-- $48,556
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        59 / 100
        Good Transit

        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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