Milago#811
54 Rainey St #811, Austin, TX 78701
$339,000$448/SF
Bedrooms
1
Bathrooms
1
Living Area
756 sf
Days on Market
136
About This Property
Live ON the lake and trail. Enjoy the best of downtown Austin living in this pristine condo with 1-Bedroom, 1-Bath + Balcony at Milago Condominiums. Located on vibrant Rainey St. with direct access to Lady Bird Lake & Trail, this residence offers a spacious open floor plan, natural light, a balcony looking down on Rainey St. and a reserved parking space in the gated garage. Amenities include a rooftop pool and spa, 2nd floor fitness center and party/club room, and 1st floor lounge leading out to a private patio, the trail and the lake. Top notch concierge service and secure access 24/7. Walk to dining, entertainment, nightlife and outdoor recreation while enjoying a convenient lock-and-leave lifestyle. Milago is the only downtown condo building that is right on Lady Bird Lake and in the popular Rainey Street Historical District. Rsvd Garage Parking Space #A115
Property Details
Listed by Joanne Flynn, Brauman Realty, Inc
Source: Unlock MLS, MLS# 2641435
Information deemed reliable but not guaranteed.
Price History
| Oct 12, 2026 Day 129 | Price change | $359,900→$339,000-5.8% $448/sqft |
| Jun 5, 2026 | Listed for sale | $359,900+80.0% $476/sqft |
Show previous listings (2)▾
| Jun 19, 2009 Day 118 | Sold | — |
| Apr 26, 2009 Day 64 | Pending | $199,900 $264/sqft |
| Feb 21, 2009 | Listed for sale | $229,000 $303/sqft |
| Feb 21, 2009 Day 0 | Price change | $229,000→$199,900-12.7% $264/sqft |
| Nov 8, 2006 Day 26 | Leased | — |
| Nov 7, 2006 Day 25 | Pending | $1,500/mo $1.98/sqft |
| Oct 13, 2006 | Listed for rent | $1,500/mo $1.98/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 · 3 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 136 days — faster than the 154-day typical.
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