Milago#PH20
54 Rainey St #PH20, Austin, TX 78701
$509,000$638/SF
Bedrooms
1
Bathrooms
1
Living Area
798 sf
Days on Market
17
About This Property
A rare opportunity to live on the Penthouse Floor at Milago, where elevated downtown living meets the tranquility of Lady Bird Lake. Set on the building’s private top residential floor, this distinctive one-bedroom residence offers 10-foot ceilings, professionally designed walk-in closet, added security and an exceptional 165-square-foot double covered balcony with beautiful lake views—creating a seamless extension of the living space. The penthouse floor has just undergone a beautiful renovation of its common areas, adding a fresh, sophisticated arrival experience exclusive to this level. Throughout Milago, additional common spaces are also in the midst of an extensive renovation, bringing a new level of style and refinement to the building. Inside, fresh interior paint creates polished feel, while the kitchen features granite countertops, modern cabinetry and stainless steel appliances. Dining area offers generous space for entertaining, working from home or simply enjoying the luxury of extra room. Just above, escape to the rooftop pool and hot tub, where sweeping skyline views provide a spectacular backdrop for morning swims or evenings under the city lights. Residents also enjoy a private lounge, clubroom, conference space, fitness center and 24-hour concierge. Parking and Storage.
Property Details
Listed by Jonna Juul-Hansen, Christies Intl Real Estate Lone Star
Source: Unlock MLS, MLS# 6916651
Information deemed reliable but not guaranteed.
Price History
| Aug 22, 2026 | Listed for sale | $509,000-4.0% $638/sqft |
Show previous listings (3)▾
| Oct 4, 2021 Day 25 | Sold | — |
| Sep 18, 2021 Day 9 | Pending | $529,990 $664/sqft |
| Sep 9, 2021 | Listed for sale | $529,990+7.1% $664/sqft |
| Sep 8, 2020 Day 40 | Sold | — |
| Aug 14, 2020 Day 15 | Pending | $495,000 $620/sqft |
| Jul 30, 2020 | Listed for sale | $495,000+4.2% $620/sqft |
| Jun 21, 2018 Day 49 | Sold | — |
| Jun 1, 2018 Day 29 | Pending | $475,000 $595/sqft |
| May 3, 2018 | Listed for sale | $475,000 $595/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 · 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 17 days — faster than the 154-day typical.
Loading map...
Interested in this unit?
Reach out for a private showing or the full building breakdown.
Contact JacobInquire
Interested in Milago? Get in touch.