Milago#412
54 Rainey St #412, Austin, TX 78701
$685,000$588/SF
Bedrooms
2
Bathrooms
2
Living Area
1,164 sf
Days on Market
122
About This Property
Refined urban living unfolds in this west-facing two-bedroom, two-bath residence designed for both style and ease. Rich wood floors ground the space with warmth, while gleaming granite countertops and a thoughtfully appointed kitchen, complete with under-cabinet lighting and sleek stainless steel appliance set the tone for timeless sophistication. A stacked washer and dryer round out the modern comforts. Milago’s amenities read like a greatest-hits album of downtown luxury: a rooftop terrace crowned with a pool, hot tub, and BBQ grills; a fully equipped fitness center; an elegant club room; a ground-floor lounge and patio; and the peace of mind that comes with 24/7 concierge service. Set in the heart of the Rainey Street District and just steps from Lady Bird Lake, this location puts Austin’s best within effortless reach from neighborhood essentials to celebrated dining and rooftop cocktails. Spend your evenings immersed in the city’s energy or your mornings along the hike-and-bike trail, paddle-board in hand. It’s all right outside your door.
Property Details
Listed by Sherene Mayner, Womack Real Estate LLC
Source: Unlock MLS, MLS# 6426082
Information deemed reliable but not guaranteed.
Price History
| Jan 30, 2026 | Listed for sale | $685,000+19.3% $588/sqft |
Show previous listings (6)▾
| Feb 26, 2018 Day 53 | Sold | — |
| Jan 4, 2018 | Listed for sale | $574,000-0.2% $493/sqft |
| Jan 1, 2018 Day 234 | Listing removed | — |
| May 12, 2017 | Listed for sale | $624,900-9.3% $537/sqft |
| May 12, 2017 Day 0 | Price change | $624,900→$574,900-8.0% $494/sqft |
| May 2, 2013 Day 1 | Listing removed | — |
| May 1, 2013 | Listed for rent | $2,695/mo+28.6% $2/sqft |
| Dec 10, 2011 Day 112 | Leased | — |
| Aug 20, 2011 | Listed for rent | $2,495/mo $2/sqft |
| Aug 20, 2011 Day 0 | Price change | $2,495→$2,095/mo-16.0% $2/sqft |
| Dec 3, 2001 Day 158 | Listing removed | — |
| Jun 28, 2001 | Listed for sale | $689,000 $592/sqft |
| Jun 13, 2001 Day 168 | Listing removed | — |
| Dec 27, 2000 | Listed for sale | $689,000 $592/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 · 5 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 122 days — faster than the 176-day typical.
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