Milago#609
54 Rainey St #609, Austin, TX 78701
$530,000$455/SF
Bedrooms
2
Bathrooms
2
Living Area
1,164 sf
Days on Market
1
About This Property
Experience elevated downtown living at Milago, one of Austin's premier waterfront high-rises in the heart of the vibrant Rainey Street District. This beautifully updated 2-bedroom, 2-bath residence offers an open-concept floor plan with rich wood flooring, abundant natural light, and contemporary finishes throughout. The renovated kitchen features white shaker cabinetry, granite countertops, stainless steel appliances, a stylish herringbone tile backsplash, and a spacious breakfast bar that seamlessly connects to the living and dining areas, perfect for entertaining. The generous living space opens to large windows that fill the home with natural light while creating a bright and inviting atmosphere. The primary suite offers a private retreat with an en-suite bath and ample closet space, while the secondary bedroom provides flexibility for guests, a home office, or additional living needs. Refrigerator, washer, and dryer convey. Milago residents enjoy exceptional amenities, including 24-hour concierge service, a rooftop pool and spa, fitness center, clubroom, and direct access to the Hike-and-Bike Trail and Lady Bird Lake. Building enhancements are currently underway, including updated hallways, a fully renovated clubroom, and new elevators, further enhancing the property's value and appeal.Enjoy walkable access to Austin's best dining, entertainment, nightlife, and outdoor recreation, all just steps from your front door. This is downtown Austin living at its finest.
Property Details
Listed by Sherene Mayner, Womack Real Estate LLC
Source: Unlock MLS, MLS# 2020610
Information deemed reliable but not guaranteed.
Price History
| Jun 12, 2026 | Listed for sale | $530,000+8.4% $455/sqft |
Show previous listings (6)▾
| May 31, 2016 Day 124 | Sold | — |
| Jan 28, 2016 | Listed for sale | $519,900+9.5% $447/sqft |
| Jan 28, 2016 Day 0 | Price change | $519,900→$489,000-5.9% $420/sqft |
| Jan 20, 2015 Day 59 | Sold | — |
| Nov 22, 2014 | Listed for sale | $475,000-6.3% $408/sqft |
| Dec 3, 2012 Day 46 | Leased | — |
| Oct 18, 2012 | Listed for rent | $2,500/mo+32.3% $2/sqft |
| Oct 18, 2012 Day 0 | Price change | $2,500→$2,450/mo-2.0% $2/sqft |
| Jan 11, 2011 Day 13 | Leased | — |
| Dec 29, 2010 | Listed for rent | $1,890/mo $2/sqft |
| Dec 14, 2001 Day 184 | Listing removed | — |
| Jun 13, 2001 | Listed for sale | $507,000 $436/sqft |
| Jun 6, 2001 Day 160 | Listing removed | — |
| Dec 28, 2000 | Listed for sale | $507,000 $436/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 2-bedroom units, last 12 months · 4 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 1 days — faster than the 180-day typical.
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