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Active
    • $509,000

    54 Rainey St #Penthouse 20, Austin, TX 78701

    1beds
    798sqft
    : 
    $4,444/mo
    Get pre-qualified
    Condominium
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $638/sqft
    $661/mo HOA

    What's special

    Stainless steel appliancesKitchen features granite countertopsModern cabinetryProfessionally designed walk-in closet
    A rare opportunity to live on the Penthouse Floor at Milago, where elevated downtown living meets the tranquility of Lady Bird Lake. Set on the building’s private top residential floor, this distinctive one-bedroom residence offers 10-foot ceilings, professionally designed walk-in closet, added security and an exceptional 165-square-foot double covered balcony with beautiful lake views—creating a seamless extension of the living space. The penthouse floor has just undergone a beautiful renovation of its common areas, adding a fresh, sophisticated arrival experience exclusive to this level. Throughout Milago, additional common spaces are also in the midst of an extensive renovation, bringing a new level of style and refinement to the building. Inside, fresh interior paint creates polished feel, while the kitchen features granite countertops, modern cabinetry and stainless steel appliances. Dining area offers generous space for entertaining, working from home or simply enjoying the luxury of extra room. Just above, escape to the rooftop pool and hot tub, where sweeping skyline views provide a spectacular backdrop for morning swims or evenings under the city lights. Residents also enjoy a private lounge, clubroom, conference space, fitness center and 24-hour concierge. Parking and Storage.
    21 days
    253
    16

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonna Juul-Hansen (512) 663-8881,

    Christies Intl Real Estate Lone Star (512) 270-8586

    Source: Unlock MLS,MLS#: 6916651MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Oven(s), Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Free-Standing Range, Refrigerator, Washer/Dryer Stacked
      Features
      • Breakfast Bar, High Ceilings, Primary Bedroom on Main, Granite Counters
      • Flooring: Carpet, Slate, Wood
      • Windows: Window Treatments
      • Fireplace features: None
      Interior area
      • Total interior livable area: 798 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Reserved
      • Garage spaces: 1
      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: Lake, Panoramic, River
      • Has water view: Yes
      • Water view: Lake,River
      • Waterfront features: Lake Front
      • Body of water: Lady Bird Lake
      Lot
      • Features: Back to Park/Greenbelt
      Details
      • Additional structures: None
      • Parcel number: 02030314410000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      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: Electricity Available, Other, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Concierge, Fitness Center, Gated, Package Service, Pool, Property Manager On-Site, Spa/Hot Tub
      • Subdivision: Milago Condo Amd
      HOA
      • Has HOA: Yes
      • Services included: Common Area Maintenance, Insurance, Parking, Trash
      • HOA fee: $661 monthly
      • HOA name: Milago
      Location
      • Region: Austin

      Financial & listing details

      • Price per square foot: $638/sqft
      • Tax assessed value: $428,291
      • Annual tax amount: $7,709
      • Date on market: 9/8/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/8/2026Listed for sale$509,000-4%$638/sqft
        Source: Unlock MLS #6916651 Report a problem
        10/4/2021Listing removed--
        Source: Unlock MLS #9214838 Report a problem
        9/19/2021Pending sale$529,990$664/sqft
        Source: Unlock MLS #9214838 Report a problem
        9/9/2021Listed for sale$529,990+7.1%$664/sqft
        Source: Unlock MLS #9214838 Report a problem
        9/8/2020Sold--
        Source: Agent Provided Report a problem
        8/14/2020Pending sale$495,000$620/sqft
        Source: Urbanspace #8332273 Report a problem
        7/30/2020Listed for sale$495,000+4.2%$620/sqft
        Source: Urbanspace #8332273 Report a problem
        6/22/2018Sold--
        Source: Agent Provided Report a problem
        6/1/2018Pending sale$475,000$595/sqft
        Source: Redfin Corporation #5749805 Report a problem
        5/3/2018Listed for sale$475,000$595/sqft
        Source: Redfin Corporation #5749805 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,765 -10.4%$428,291 -13.2%
        2024$9,783 -6.1%$493,638 -14.3%
        2023$10,416 -3.1%$575,723 +5.7%
        2022$10,752 $544,441 +11.6%
        2021-- $487,919 +6.4%
        2020$7,795 -12.5%$458,431
        2019$8,908 +4.3%$458,431 +4.7%
        2018$8,537 $438,017 +3.2%
        2017$8,537 +0.7%$424,378 +7.3%
        2016$8,478 $395,387 -2.1%
        2015$8,478 $404,018 +13.4%
        2014$8,478 $356,255 +9.2%
        2013-- $326,298 +20.4%
        2012-- $270,927 +9.4%
        2011-- $247,612 -3.8%
        2010-- $257,456 -16.2%
        2009-- $307,342 +10%
        2008-- $279,402 -3.6%
        2007-- $289,900 +465.6%
        2006-- $51,259
        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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