Beds 2
Baths 2
Sqft 1,212
Acres 0.01
Property Type Condo
Heating Central
Parking Assigned, Garage, Covered, Guest
Year Built 2005
Stories 1
Cooling Central Air
Days on Market 400
Garages 2

About 54 Rainey St 922

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

Location

Legal Description UNT 922 MILAGO CONDOMINIUMS AMENDED PLUS .46 % INT IN COM AREA
Address 54 Rainey St 922
County Travis
City Austin
Zip Code 78701
Subdivision Milago Condo Amd
School District Austin ISD
MLS Area DT

Size and Restrictions

Acres 0.01
Lot Description None
Horses Allowed No
$/Acre $114,285,714

Improvements

Parking Assigned, Garage, Covered, Guest
Garage Spaces 2
Fence None
Exterior Features Balcony, Gas Grill, Private Entrance

Features

View City Lights, City, Downtown, Lake, Skyline, Water
Water Access Lake Front
Waterfront Lady Bird Lake

Utilities

Water Public
Utilities Electricity Connected, Water Connected

Amenities

Area Amenities Barbecue, Business Center, Bar/Lounge, Concierge, Common Grounds/Area, Conference/Meeting Room, Fitness Center, Pool

Beds and Baths

Bedrooms 2
Main Level Beds 2
Bathrooms 2 full
Primary on Main Yes

Other Rooms

Kitchen Appliances Washer/Dryer Stacked, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
Laundry Facilities In Bathroom, Laundry Closet, Stacked

Heating and Cooling

Heating Central
Air Conditioning Central Air

Interior Features

Flooring Tile, Wood
Features Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Main Level Primary, Walk-In Closet(s)
Disability None

Building Information

Square Feet 1,212
Year Built 2005
# of Stories 1
Building Faces Northwest
Construction See Remarks
Foundation See Remarks
Roof See Remarks

Property Features

Exterior Features Balcony, Gas Grill, Private Entrance

Garage and Parking

Garage Yes - 2 Spaces
Parking Assigned, Garage, Covered, Guest

Financial

$/Sq Ft $660
$/Acre $114,285,714
Special Conditions RestrictiveCovenant
Documents Available None
Disclosures Seller Disclosure

Property Taxes

Appraisal District Travis
Estimated Taxes $11,897
Tax ID 02030313630000
Tax Year 2025

Homeowner Association

Has HOA Yes
HOA Name Milago Condo Association
HOA Fee $937 - Monthly

Listing Details

OfficeKuper Sotheby's Int'l Realty
Contact Info(512) 422-2495

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?