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Jacob Hannusch
Milago #1018 - Photo 1
Active

Milago#1018

54 Rainey St #1018, Austin, TX 78701

$949,999$486/SF

Bedrooms

3

Bathrooms

3

Living Area

1,956 sf

Days on Market

91

The Breakdowntake a deeper look at this unit with Jacob's proprietary downtown Austin data

About This Property

Experience elevated downtown living at Milago, where style, space, and sweeping views come together in one exceptional residence. This beautifully appointed 3-bedroom, 2.5-bath condo offers nearly 2,000 square feet (1,956 SF) of light-filled living space in one of Austin’s most desirable waterfront buildings. From the moment you enter, you’re greeted by expansive windows that flood the home with natural light and frame stunning views the downtown skyline and Lady Bird Lake. Rich wood flooring runs throughout, creating a warm, cohesive feel across the open-concept living and dining areas—perfect for entertaining or simply enjoying the view. The gorgeous kitchen is both functional and refined, featuring quartz countertops, a custom backsplash, an extra-deep sink, and abundant cabinet space for effortless organization. Whether you’re hosting friends before a night out or preparing a quiet dinner at home, this kitchen is designed to impress. The spacious primary suite offers a true retreat, complete with a luxurious ensuite bath boasting a double vanity, large soaking tub, and separate walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or a dedicated fitness or media space. Located just steps from the Town Lake Trail, you’ll have immediate access to miles of scenic waterfront paths, along with some of Austin’s best dining, shopping, and entertainment. Residents of Milago enjoy premium amenities including a beautiful pool and a fully equipped fitness center. This is downtown Austin living at its finest—spacious, sophisticated, and perfectly positioned to enjoy the best of the city.

Property Details

StatusActive
List DateMar 5, 2026
Year Built2005
Property TypeCondominium
HOA Fee$1,511/monthly

Listed by Matt Holm, Compass RE Texas, LLC

Source: Unlock MLS, MLS# 2440461

Information deemed reliable but not guaranteed.

Price History

ActiveMLS #2440461· 91 DOM
Listed by Compass RE Texas, LLC
May 24, 2026
Day 80
Price change
$989,000$949,999-3.9%
$486/sqft
Mar 5, 2026Listed for sale
$989,000-1.0%
$506/sqft
Show previous listings (17)
Listing removedMLS #4971034· 85 DOM
Listed by Urbanspace
Jan 23, 2026
Day 85
Listing removed
Oct 30, 2025Listed for rent
$7,985/mo+121.8%
$4/sqft
Oct 30, 2025
Day 0
Price change
$7,985$5,795/mo-27.4%
$3/sqft
Listing removedMLS #5853750· 171 DOM
Listed by Urbanspace
Dec 27, 2025
Day 171
Listing removed
Jul 9, 2025Listed for sale
$1,079,000-1.9%
$552/sqft
Jul 9, 2025
Day 0
Price change
$1,079,000$999,000-7.4%
$511/sqft
Listing removedMLS #9115496· 155 DOM
Listed by Lux Haus Realty
Jul 1, 2025
Day 155
Listing removed
Jan 27, 2025Listed for sale
$1,150,000+41.1%
$588/sqft
Jan 27, 2025
Day 0
Price change
$1,150,000$1,100,000-4.3%
$562/sqft
SoldMLS #7940997· 31 DOM
Listed by Realty Austin
Oct 15, 2020
Day 55
Sold
Aug 21, 2020Listed for sale
$825,000+3.3%
$422/sqft
Aug 21, 2020
Day 0
Price change
$825,000$815,000-1.2%
$417/sqft
Listing removedMLS #7789435· 41 DOM
Listed by Urbanspace
Aug 1, 2020
Day 41
Listing removed
Jun 21, 2020Listed for sale
$850,000
$435/sqft
Jun 21, 2020
Day 0
Price change
$850,000$799,000-6.0%
$408/sqft
Listing removedMLS #3436613· 172 DOM
Listed by Urbanspace
Mar 22, 2020
Day 172
Listing removed
Oct 2, 2019Listed for sale
$975,000+33.7%
$498/sqft
Oct 2, 2019
Day 0
Price change
$975,000$850,000-12.8%
$435/sqft
SoldMLS #8499952· 81 DOM
Listed by The Boutique Real Estate
Nov 21, 2013
Day 90
Sold
Aug 23, 2013Listed for sale
$750,000
$383/sqft
Aug 23, 2013
Day 0
Price change
$750,000$729,000-2.8%
$373/sqft
Listing removedMLS #3800174· 8 DOM
Listed by The Boutique Real Estate
Nov 12, 2013
Day 8
Listing removed
Nov 4, 2013Listed for rent
$3,600/mo-4.0%
$2/sqft
Listing removedMLS #2463684· 67 DOM
Listed by The Boutique Real Estate
Oct 15, 2013
Day 67
Listing removed
Aug 9, 2013Listed for rent
$4,000/mo
$2/sqft
Aug 9, 2013
Day 0
Price change
$4,000$3,750/mo-6.3%
$2/sqft
Listing removedMLS #9736843
Listed by The Boutique Real Estate
Aug 9, 2013Listed for sale
$750,000+7.2%
$383/sqft
Aug 9, 2013
Day 0
Listing removed
Listing removedMLS #1842158· 45 DOM
Listed by DEN Property Group
Jul 31, 2013
Day 44
Listing removed
Jun 17, 2013Listed for rent
$4,200/mo-6.7%
$2/sqft
Jun 17, 2013
Day 0
Price change
$4,200$4,000/mo-4.8%
$2/sqft
Listing removedMLS #6918136· 72 DOM
Listed by DEN Property Group
May 31, 2013
Day 71
Listing removed
Mar 21, 2013Listed for rent
$4,750/mo+20.3%
$2/sqft
Mar 21, 2013
Day 0
Price change
$4,750$4,500/mo-5.3%
$2/sqft
Listing removedMLS #3088676· 75 DOM
Listed by DEN Property Group
Sep 7, 2011
Day 75
Listing removed
Jun 24, 2011Listed for sale
$699,900+21.7%
$358/sqft
Listing removedMLS #5670086· 40 DOM
Listed by DEN Property Group
Sep 7, 2011
Day 40
Listing removed
Jul 29, 2011Listed for rent
$3,950/mo+1.3%
$2/sqft
Listing removedMLS #7333042· 26 DOM
Listed by Urbanspace
Sep 30, 2010
Day 26
Listing removed
Sep 4, 2010Listed for sale
$574,900
$294/sqft
LeasedMLS #2435544· 49 DOM
Listed by Urbanspace
Oct 22, 2007
Day 49
Leased
Sep 3, 2007Listed for rent
$3,900/mo+11.4%
$2/sqft
LeasedMLS #5579454· 29 DOM
Listed by Urbanspace
Oct 11, 2006
Day 29
Leased
Sep 12, 2006Listed for rent
$3,500/mo
$2/sqft

Sold and leased prices aren't shown per Unlock MLS rules — reach out to Jacob for this info.

The Breakdown

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

24-hour conciergeTown Lake and downtown skyline viewsFitness centerThird-floor terrace overlooking the park and Lady Bird Lake+ more
Explore more about Milago

The Neighborhood — Rainey Street District

Historic bungalow bars meet luxury high-rise living on Austin's most dynamic lakefront street.

About Rainey Street District

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