Milago#1117
54 Rainey St #1117, Austin, TX 78701
$2,100$2/SF
Bedrooms
1
Bathrooms
1
Living Area
865 sf
Days on Market
46
About This Property
Vibrant downtown living meets the beauty of lakeside Austin. Located in the heart of the Rainey Street Historic District, this updated one-bedroom condo with a dedicated *study* offers the perfect combination of comfort, flexibility, and urban convenience. An open-concept layout creates a bright, modern feel throughout the home. The kitchen flows seamlessly into the dining and living spaces, making the condo feel spacious and inviting whether you’re entertaining guests or enjoying a quiet evening at home. The well-appointed kitchen features generous storage, granite countertops, stainless steel appliances, and a convenient breakfast bar for casual dining. The separate study adds exceptional versatility and can easily function as a home office, guest room, creative space, or additional storage area. Large windows invite natural light while offering views of the dynamic downtown surroundings. Milago residents enjoy a collection of amenities, including a fully equipped fitness center, bike storage, club and party room, concierge service, and multiple outdoor gathering spaces. Relax in the rooftop pool and spa with shaded lounge areas and BBQ grills, gather with friends on the third-floor terrace overlooking Lady Bird Lake, or enjoy direct access to the hike-and-bike trail from the ground-floor lakeside patio. Just steps from some of Austin’s best restaurants, coffee shops, nightlife, and entertainment, plus convenient access to Royal Blue Grocery, this location truly places the best of downtown at your doorstep. Includes one parking spot. Experience elevated downtown Austin living at Milago.
Property Details
Listed by Michelle Ward, Waterloo Realty, LLC
Source: Unlock MLS, MLS# 7187953
Information deemed reliable but not guaranteed.
Price History
| May 29, 2026 Day 15 | Price change | $2,200→$2,100/mo-4.5% $2/sqft |
| May 14, 2026 | Listed for rent | $2,200/mo $3/sqft |
Show previous listings (6)▾
| Jun 21, 2024 Day 23 | Leased | — |
| May 29, 2024 | Listed for rent | $2,200/mo+22.6% $3/sqft |
| Apr 2, 2009 Day 44 | Sold | — |
| Feb 17, 2009 | Listed for sale | $222,000 $257/sqft |
| Feb 12, 2009 Day 7 | Listing removed | — |
| Feb 5, 2009 | Listed for sale | $222,000 $257/sqft |
| Feb 2, 2009 Day 201 | Listing removed | — |
| Jul 16, 2008 | Listed for sale | $227,900-1.8% $263/sqft |
| Jul 16, 2008 Day 0 | Price change | $227,900→$222,000-2.6% $257/sqft |
| May 10, 2008 Day 22 | Listing removed | — |
| Apr 18, 2008 | Listed for sale | $232,000 $268/sqft |
| Apr 18, 2008 Day 21 | Listing removed | — |
| Mar 28, 2008 | Listed for rent | $1,795/mo $2/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 · 6 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 46 days — faster than the 247-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.