54 Rainey St Unit 1218
Austin, TX 78701

  • 3 beds
  • 3 baths
  • 1,956 sqft
  • 479 sqft lot
  • $562 per sqft
  • 2005 build
  • on site

READ ALL OF THESE REMARKS: You will not find a downtown Austin condo with a better combination of amenities, turn-key-updates, modern styling, unadulterated views, convenience, size, space, all in an exciting and peaceful location. I am also sure that you won't find a 3 bedroom condo at a better value! This recently remodeled CORNER UNIT in The Milago Condominiums is a very rare 3 bedroom orientation, with a whopping 1956 square feet! The Milago is one of the best kept secrets in Austin condominium living. Bordering the Waller Beach Metropark, The Milago is the only high rise with direct, unobstructed access to the Hike & Bike trail. You don't even cross a street...you just simply walk out the back door of the building and BOOM...you're there...standing along the edge of Lady Bird Lake. The Milago has all the amenities you'd come to expect from living in a downtown high rise: Rooftop pool, business center, top shelf gym, security, relaxing common areas, etc. It also sits at the South (quiet!) end of Rainey Street Historic/Entertainment District, which allows you to enjoy a wide range of entertainment and dining options. The unit is in pristine shape, provides a modern "open concept floorplan", and is move in ready, with a recently remodeled kitchen and master bath, along with other updates throughout. Truly a "turn key" option, this property offers TWO primary suites (with ensuite full baths), and a 3rd bedroom directly off the main living area that can be utilized as a bedroom, office, yoga studio, media room, art studio. etc. You're only limited by your imagination. The TWO outdoor patios (one off of the main living area, another off the 1st Primary Suite) offer unobstructed views of the entire Austin skyline and Lady Bird Lake. Two parking spaces that literally straddle the elevator access in the garage, are also included. Since this unit 10 steps from the elevator, you can get from your 12th floor condo to your vehicle in less than 20 steps. Come see it ASAP!

Austin Board of REALTORS logo Listing courtesy of ABOR / Robert Gordon / Bramlett Residential

Last checked: Checking… • Last updated Apr 14, 2024 •

MLS# 4111361 —

Monthly cost estimate

54 Rainey St Unit 1218

Asking price

$1,099,999

Expense Monthly cost
Mortgage

$5,890

Taxes $1,853
Insurance $302
HOA fees $1,134
Utilities N/A
Total $9,179/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
4/5/24
Price Changed ABOR $1,099,999 0.0%
3/29/24
Listed / Active ABOR $1,100,000

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Listing provided by broker:

Robert Gordon

Bramlett Residential

(512) 850-5717

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54 Rainey St Unit 1218

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This condo located in Central Austin, Austin, TX 78701 is currently for sale for $1,099,999. 54 Rainey St Unit 1218 is a 1,956 square foot condo with 3 beds and 3 baths that has been on Estately for 30 days. 54 Rainey St Unit 1218 is in the Central Austin neighborhood of Austin and has a WalkScore® of 87, making it very walkable. This condo is in the attendance area of Mathews Elementary School, Austin High School, and O. Henry Middle School.

Austin Board of REALTORS logo Based on information from the Austin Board of REALTORS® and ACTRIS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.

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