Milago#404
54 Rainey St #404, Austin, TX 78701
$550,000$463/SF
Bedrooms
2
Bathrooms
2
Living Area
1,189 sf
Days on Market
0
About This Property
Live where Austin's most iconic outdoor lifestyle meets the energy of downtown. This southwest-facing 2-bedroom, 2-bath residence at Milago offers a rare treetop perspective overlooking Lady Bird Lake and the Hike-and-Bike Trail, creating a peaceful retreat in the heart of the city. The open-concept floor plan features wood flooring, stainless steel appliances, solar shades, spacious walk-in closets. Enjoy morning coffee or evening sunsets from the private balcony with serene lake and greenbelt views. Milago residents enjoy resort-style amenities including a rooftop pool and spa, outdoor grilling areas, fitness center, owner lounge, party room, lakeside terrace, and 24-hour concierge service. Just outside your door, explore the Rainey Street District's acclaimed restaurants, nightlife, and entertainment, or step directly onto the Lady Bird Lake Trail for walking, running, biking, paddleboarding, and more. Urban convenience meets waterfront tranquility in one of Austin's most sought-after downtown locations.
Property Details
Listed by Cynthia Mattiza, Kuper Sotheby's Int'l Realty
Source: Unlock MLS, MLS# 9558786
Information deemed reliable but not guaranteed.
Price History
| Jun 2, 2026 | Listed for sale | $550,000-3.8% $463/sqft |
Show previous listings (6)▾
| May 21, 2019 Day 24 | Sold | — |
| Apr 27, 2019 | Listed for sale | $572,000+11.1% $481/sqft |
| Nov 20, 2013 Day 132 | Sold | — |
| Jul 11, 2013 | Listed for sale | $535,000+21.6% $450/sqft |
| Jul 11, 2013 Day 0 | Price change | $535,000→$514,900-3.8% $433/sqft |
| Apr 22, 2008 Day 165 | Listing removed | — |
| Nov 9, 2007 | Listed for sale | $424,900+1.9% $357/sqft |
| Nov 9, 2007 Day 0 | Price change | $424,900→$439,900+3.5% $370/sqft |
| Aug 1, 2006 Day 28 | Leased | — |
| Jul 4, 2006 | Listed for rent | $2,400/mo $2/sqft |
| Jul 3, 2001 Day 25 | Listing removed | — |
| Jun 8, 2001 | Listed for sale | $417,000-1.4% $351/sqft |
| Jun 6, 2001 Day 161 | Listing removed | — |
| Dec 27, 2000 | Listed for sale | $423,000 $356/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 · 4 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 0 days — faster than the 180-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.