Milago#415
54 Rainey St #415, Austin, TX 78701
$359,000$475/SF
Bedrooms
1
Bathrooms
1
Living Area
756 sf
Days on Market
38
About This Property
Experience elevated downtown living at 54 Rainey St. #415, a beautifully renovated 1-bedroom, 1-bathroom condo. This 756-square-foot home has been thoughtfully upgraded to offer both style and comfort. The sleek kitchen features updated appliances, designer cabinetry, and stylish lighting, creating a modern space ideal for cooking and entertaining. The spa-inspired bathroom boasts a walk-in shower, enhanced by elegant tile work and contemporary fixtures, providing the perfect retreat after a day of urban exploration. Step onto your private balcony to enjoy serene views, or head to the rooftop pool to take in stunning panoramas of downtown Austin and Lady Bird Lake. The building’s exceptional amenities include a fully equipped gym, 24-hour concierge service, and impeccably maintained common areas—all complemented by some of the most affordable HOA fees in the downtown area. Situated in the heart of the vibrant Rainey Street district, this condo is steps away from Lady Bird Trail, offering easy access to biking, running, and waterfront activities. Rainey Street’s eclectic mix of restaurants, bars, and coffee shops ensures that dining and nightlife options are always close at hand. The property’s prime location provides seamless access to I-35, East Austin, South Congress, and beyond, making it a perfect choice for those seeking the ultimate urban lifestyle. Whether you're catching fireworks from the rooftop, grabbing a morning coffee, or enjoying a peaceful stroll along the trail, this home is the ideal blend of modern sophistication and Austin charm. All values are approximate and to be verified.
Property Details
Listed by Matt Cordova, Keller Williams Realty
Source: Unlock MLS, MLS# 1844029
Information deemed reliable but not guaranteed.
Price History
| Jun 1, 2026 | Listed for sale | $359,000-17.5% $475/sqft |
Show previous listings (7)▾
| May 1, 2025 Day 28 | Leased | — |
| Apr 3, 2025 | Listed for rent | $2,295/mo+35.4% $3/sqft |
| May 1, 2025 Day 101 | Listing removed | — |
| Jan 20, 2025 | Listed for sale | $450,000-9.1% $595/sqft |
| Jan 20, 2025 Day 0 | Price change | $450,000→$435,000-3.3% $575/sqft |
| Nov 30, 2021 Day 111 | Sold | — |
| Aug 11, 2021 | Listed for sale | $554,900+66.9% $734/sqft |
| Aug 11, 2021 Day 0 | Price change | $554,900→$495,000-10.8% $655/sqft |
| Sep 5, 2018 Day 40 | Sold | — |
| Jul 27, 2018 | Listed for sale | $332,500+11.6% $440/sqft |
| Feb 28, 2014 Day 50 | Sold | — |
| Jan 9, 2014 | Listed for sale | $297,900+26.8% $394/sqft |
| Jul 3, 2012 Day 26 | Leased | — |
| Jun 7, 2012 | Listed for rent | $1,695/mo $2/sqft |
| Jun 30, 2008 Day 112 | Sold | — |
| Mar 10, 2008 | Listed for sale | $234,900 $311/sqft |
Sold and leased prices aren't shown per Unlock MLS rules — reach out to Jacob for this info.
Below: which way the unit faces, the floor plan, the building (year built, residences, amenities), the neighborhood character, and how this unit's $/SF lines up with recent sales here.
The Building — Milago
Built
2006
Floors
13
Residences
240
The Neighborhood — Rainey Street District
Historic bungalow bars meet luxury high-rise living on Austin's most dynamic lakefront street.
About Rainey Street District →Is It Priced Right?
Milago's 1-bedroom units, last 12 months · 6 closed sales
This range is a gauge, not a recommended price. What a unit should actually sell for depends on its floor, finishes, view, outdoor space, condition, and timing — this is one tool to orient yourself, not the answer.
How fast it's moving
On market 38 days — faster than the 247-day typical.
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