54 Rainey St, Unit 502, Austin, TX 78701

$849,500
  • 54 Rainey St, Unit 502, Austin, TX 78701 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,557 MLS#4776980
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONMilago Condo SCHOOLAustin ISD

Property Description

Perched on the fifth floor of The Milago, this exceptional 3-bed, 2-bath home offers breathtaking west-facing views of the Downtown Austin skyline and Lady Bird Lake. Inside, an open-concept floor plan is filled with natural light streaming through expansive windows that perfectly frame the panoramic views. Rich wood flooring extends throughout the living areas and all three bedrooms, while modern finishes and clean architectural lines create a contemporary feel. The kitchen is thoughtfully designed with granite countertops, stainless steel appliances, ample cabinetry, and a breakfast bar for casual dining, while a dedicated dining area provides the perfect setting for larger gatherings and dinner parties. Just beyond the living room, a private balcony invites you to enjoy morning coffee or evening cocktails overlooking the Austin skyline and Lady Bird Lake. The spacious primary suite serves as a peaceful retreat, featuring a spa-inspired ensuite bath with a soaking tub, walk-in shower, and a custom walk-in closet. Two additional bedrooms offer flexibility for guests, a home office, or additional living space. Residents of Milago enjoy an exceptional collection of amenities, including 24-hour concierge service, secure garage parking, a rooftop pool deck with panoramic views, a fitness center, club room, private event terrace, and dedicated on-site storage. With direct access to the Lady Bird Lake Trail and countless restaurants, coffee shops, and entertainment options just beyond your door on Rainey Street, this residence offers the very best of Austin city living.

54 Rainey St, Unit 502 | MLS# 4776980

This condo located at 54 Rainey St, Unit 502, Austin, TX 78701 is currently listed for sale with an asking price of $849,500. This property was built in 2005 and has 3 bedrooms and 2 full baths with 1557 sq. ft. Rainey St, Unit 502 is located in the Milago Condo subdivision within the Austin ISD school district. Search Milago Condo real estate on hodgeteam.rmcapitalcity.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Garage: 2
Heating: Central
Lot Size: 0.01 Acres
Roof Type: Membrane
Stories: 1.0
Taxes: $15,008
Year Built: 2005

Amenities

Breakfast Bar
Ceiling Fan(s)
Granite Counters
Open Floorplan
Primary Bedroom on Main
Recessed Lighting
Soaking Tub
Walk-In Closet(s)
Balcony

Feature Descriptions

Appliances: Dishwasher, Electric Range, Microwave, Stainless Steel Appliance(s)
Area #: DT
Community Features: Bike Storage/Locker, Concierge, Conference/Meeting Room, Fitness Center, Lounge, Pool, Storage
Days on Site: 5
Exterior: Masonry ??? Partial, Stucco
Flood Plain: No
Flooring: Tile, Wood
HOA Fee: $1290.29/ Monthly
Parcel#: 02030312500000
Parking: Assigned, Garage, Secured
Parking Notes: Assigned, Garage, Secured
Patio/Porch: See Remarks
Restrictions: Deed Restrictions
Security: Building Security
Sewer: Public Sewer
Special View Info: City, Downtown, River, Skyline
Utilities: Electricity Available, Sewer Available, Water Available
Water: Public
Window: Window Treatments

Local Schools

High School: Austin
Middle School: O Henry
Elementary School: Mathews
School District: Austin ISD

Listed By / Shown By

Listed By

Agency Name: Compass RE Texas, LLC
Agency Contact: (512) 669-3897

Shown By

Agent Name: Hodge Team
Agent Phone: (512) 947-0794
Agency Title: Realty Capital City

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Estimated Payment

$ 3,389.06 per month $1,890.62 Principal & Interest $1,250.67 Property Tax $247.77 Homeowner's Insurance

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