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54 Rainey St Unit 815

Austin, TX 78701

1 bed
1 bath
756 sqft
191 sqft lot
$462 per sqft
2005 build
– on site

Here it is—one of the best-priced condos in downtown Austin, right on lively Rainey Street! At a huge 756 sq ft, this isn't your typical 1-bedroom—it's spacious, open, and perfect for relaxing or entertaining. Inside, you'll find a kitchen with brand-new appliances, opening into a massive living area. Easily fit a dining table and a lounge setup which will be perfect to enjoy your favorite show or the views of Rainey ST. The bedroom is spacious and conveniently flows into a large walk-in closet and full bathroom. Step onto your private balcony to take in fantastic views of Rainey Street and the bustling cityscape around you. Milago offers standout amenities, including a rooftop pool and hot tub overlooking downtown—a rare find in downtown Austin! You'll also enjoy a grill area, conference rooms, a fully equipped gym, and direct trail access. Ideal for all buyers ranging from young professionals, students, or as a second home, this condo is completely move-in ready and waiting for you!

Listing courtesy of ABOR / Diego Ojeda / Urbanspace

Last checked: Checking… • Last updated Jun 7, 2025 •

MLS# 3753956 —

The Building

Year Built:

2005
Unit Number:

815
Unit Style:

High Rise (8-13 Stories)
New Construction:

false
Roof:

Concrete
Foundation:

Slab
Exterior Features:

Balcony
Accessibility Features:

None
Patio And Porch Features:

Covered
Window Features:

Blinds
Levels:

One
Direction Faces:

East

Interior

Interior Features:

Breakfast Bar
Living:

1
Dining:

1
Flooring:

Tile
Laundry Location:

Laundry Closet

Room Dimensions

Living Area:

756
Living Area Source:

Public Records

Financial & Terms

Possession:

Immediate
Restrictions:

None

Location

Latitude:

30.257011
Longitude:

-97.739788
Directions:

East on Cesar Chavez, Right on Red River, 1st left and then Right on Rainey St. Milago is located at the very end of the street on the right

The Property

Property Type:

Residential
Subtype:

Condominium
Parcel Number:

02030313330000
Property Condition:

Resale
Property Attached:

true
Other Structures:

None
Lot Features:

None
Lot Size Acres:

0.0044
Lot Size Area:

0 Sqft
Lot Size SqFt:

191 Sqft
SqFt Total:

756 Sqft
View:

City
Waterfront:

true
Waterfront Features:

River Front
Water Body Name:

Colorado River
Horse:

false
Additional Parcels:

false
Fencing:

Wrought Iron
FEMA Flood Plain:

See Remarks

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$7,931.94

Beds

Bedrooms Total:

1
Main Level Bedrooms:

1

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

Standard
Listing Terms:

See Remarks
Occupant Type:

Vacant

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Mathews
Elementary School District:

Austin ISD
Middle School:

O Henry
Middle School District:

Austin ISD
High School:

Austin
High School District:

Austin ISD

The Community

Subdivision Name:

Milago Condo Amd
Association Name:

Milago Condomiums
Association Fee:

$584.45
Association Fee Includes:

Common Area Maintenance
Association Fee Frequency:

Monthly
Community Features:

BBQ Pit/Grill
Pool Private:

false
Pool Features:

None

Parking

Parking Features:

Garage
Garage:

true
Attached Garage:

false
Garage Spaces:

1
Covered Spaces:

1

Monthly cost estimate

Asking price

$349,900

Expense	Monthly cost
Mortgage	$1,873
Taxes	$660
Insurance	$96
HOA fees	$584
Utilities	$96 See report
Total	$3,309/mo.^*
	^*This is an estimate

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This condo located in Central Austin, Austin, TX 78701 is currently for sale for $349,900. 54 Rainey St Unit 815 is a 756 square foot condo with 1 bed and 1 bath that has been on Estately for 0 days. 54 Rainey St Unit 815 is in the Central Austin neighborhood of Austin. This condo is in the attendance area of Mathews Elementary School and Austin High School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. 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.