| 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
| Office | Kuper Sotheby's Int'l Realty |
|---|---|
| Contact Info | (512) 422-2495 |
