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Home / Austin / 54 Rainey Street #PH20
54 Rainey Street #PH20 Austin, TX 78701 54 Rainey Street #PH20 Austin, TX 78701 54 Rainey Street #PH20 Austin, TX 78701 54 Rainey Street #PH20 Austin, TX 78701 54 Rainey Street #PH20 Austin, TX 78701 54 Rainey Street #PH20 Austin, TX 78701 54 Rainey Street #PH20 Austin, TX 78701 54 Rainey Street #PH20 Austin, TX 78701 54 Rainey Street #PH20 Austin, TX 78701 54 Rainey Street #PH20 Austin, TX 78701 54 Rainey Street #PH20 Austin, TX 78701 54 Rainey Street #PH20 Austin, TX 78701 54 Rainey Street #PH20 Austin, TX 78701 View All Photos

$509,000

| Active

54 Rainey Street #PH20

Austin, TX 78701

798
Square Feet
1
Beds
1
Baths
4
Days on Market
6916651
MLS#
Condo
Structure
Residential
Zone
Contact

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.

Property Details
Interior
Breakfast Bar, Granite Counters, High Ceilings, Main Level Primary
Cooling
1
Heating
Central
Cooling Features
Central Air
Bedrooms
1
Bathrooms
1.0
Full Baths
1
View
Lake,Panoramic,River
Lot Features
Backs To Greenbelt Park
Lot Description
Backs To Greenbelt Park
Pool Description
None, Community
Pool Features
None, Community
Exterior Features
Balcony
Exterior Materials
Balcony
Pool Shared
1
Acres
0.0
Square Feet
798.0
Lot Size (sqft)
0.0
Parking Features
Assigned
Parking
1
Parking Spaces
1
Parking Type
Garage
Parking Garage Spaces
1.0
Property Type
Purchase
Property Subtype Additional
Condominium
Year Built
2005
Foundation
Slab
Roof
See Remarks
Sewer Information
Public Sewer
Utility Source
Public
Utility Features
Electricity Available, Other, Sewer Available, Water Available
Appliances
Built In Oven, Washer Dryer Stacked, Dishwasher, Energy Star Qualified Appliances, Free Standing Range, Disposal, Refrigerator
Subdivision
Milago Condo
Community Features
Barbecue, Business Center, Bicycle Storage, Concierge, Fitness Center, Gated, Package Service, Property Manager On Site, Pool, T
School District
Austin ISD
Elementary School
Mathews
Middle School
O Henry
High School
Austin
County
Travis
Region
Austin
Original List Price
$509,000
Days on Market (Cumulative)
4
Taxes Annual
$7,709
HOA
1
HOA Fees
661.0
MLS #
6916651
Location
Legal

Based on information submitted to the MLS GRID as of 2026-09-09T09:02:32Z UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Provided By
Listed by Jonna Juul-Hansen (#591545)
Listing Office: Christies Intl Real Estate Lone Star (#704437)

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