Last Updated: 4 Hrs. Ago

Monthly Rent

$4,150

Beds

2

Baths

2

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Note: Prices and availability subject to change without notice.

Lease Terms

Contact office for Lease Terms

About 54 Rainey St

Welcome to Milago Unit 922, a spacious 2-bedroom, 2-bath residence offering breathtaking panoramic views of Downtown Austin and Lady Bird Lake. Ideally positioned at the tranquil end of Rainey Street, this premier condo blends peaceful lakeside living with immediate access to Austin’s most vibrant dining and entertainment district. This home underwent a comprehensive $150,000 remodel in 2017, completed through a thorough six-month renovation process. Enhancements include new hardwood flooring throughout, reconfigured walls and closets for improved functionality, custom pocket doors, and fully updated bathrooms with new toilets, showers, and modern finishes. The kitchen was completely redesigned with all-new appliances, cabinetry, and countertops, creating a refined, timeless space ideal for everyday living and entertaining. Designed for modern living, the residence features oversized windows with automatic power shades, abundant natural light throughout and seamless indoor-outdoor connection highlighting city and lake views BONUS FEATURES include two premium GROUND LEVEL parking spaces, a dedicated storage unit, refrigerator, and stackable washer/dryer—all included for your convenience. The Milago Condominiums recently completed its first building-wide assessment since original construction, funding major capital improvements including roof replacement and elevator upgrades. The seller has already paid the full assessment for Unit 922, offering peace of mind and value to the next owner. Additionally, the building will soon begin a refresh of common areas and hallways, further enhancing the community’s appeal and long-term value. Milago residents enjoy resort-style amenities, including: - Rooftop pool & spa with grilling stations - 2nd-floor fitness center and club room - 1st-floor resident lounge and landscaped outdoor patio - 24-hour concierge service MLS ID 5910542

54 Rainey St is located in Austin, Texas in the 78701 zip code.

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$4,646 / month $655,000 Listing Price
2 Beds |2 Baths | 791 Sq Ft
$4,504 / month $639,000 Listing Price
2 Beds |2 Baths | 791 Sq Ft
$4,187 / month $463,000 Listing Price
2 Beds |2 Baths | 1,234 Sq Ft

Floorplan Amenities

  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Hardwood Floors
  • Tile Floors
  • Balcony

Airport

  • Austin-Bergstrom International

    Drive: 22 min 11.7 mi

Commuter Rail

  • Austin

    Drive: 6 min 1.7 mi

Transit / Subway

  • Downtown Station

    Walk: 10 min 0.6 mi
  • Plaza Saltillo Station

    Drive: 3 min 1.2 mi
  • M L King Jr Station

    Drive: 6 min 3.2 mi
  • Highland Station

    Drive: 8 min 5.5 mi
  • Crestview Station

    Drive: 11 min 6.5 mi

Universities

Parks & Recreation

  • Lady Bird Lake

    Drive: 3 min 1.6 mi
  • Umlauf Sculpture Garden and Museum

    Drive: 7 min 2.5 mi
  • Blunn Creek Nature Preserve

    Drive: 4 min 2.5 mi
  • Zilker Botanical Garden

    Drive: 7 min 2.9 mi
  • Boggy Creek Greenbelt

    Drive: 6 min 3.2 mi

Shopping Centers & Malls

Military Bases

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