Milago
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About Milago
Milago was one of the first luxury condominium towers to grace the Rainey Street area, establishing the neighborhood as a premier residential destination long before the district's entertainment boom. The 13-story building offers well-proportioned residences with quality finishes, and its lakeside position provides many units with direct views of Lady Bird Lake and the hike-and-bike trail. Milago's established community and prime location continue to make it a highly desirable address.
Amenities
Neighborhood
Milago occupies a coveted position at the southern end of Rainey Street, directly adjacent to Lady Bird Lake and its scenic trail system. The building was a pioneer in the area that has since exploded with restaurants, bars, and new residential towers. Residents enjoy both the energy of the Rainey Street entertainment district and the serenity of the waterfront, with the Convention Center and downtown core just minutes away.
Learn more about the Rainey Street District →Quick Facts
Last 12 months (11 sales)
Floor Plans at Milago
One Bedroom Floor Plans
| Floor Plan | # Bed | # Bath | SQ FT (Int.) |
|---|---|---|---|
| 1 | 1 | 1,097 | |
| 1 | 1 | 845 | |
| 1 | 1 | 826 | |
| 1 | 1 | 826 |
Two Bedroom Floor Plans
| Floor Plan | # Bed | # Bath | SQ FT (Int.) |
|---|---|---|---|
| 2 | 2 | 1,157 | |
| 2 | 2 | 1,164 | |
| 2 | 2 | 1,164 | |
| 2 | 2 | 1,164 |
Three Bedroom Floor Plans
| Floor Plan | # Bed | # Bath | SQ FT (Int.) |
|---|---|---|---|
| 3 | 2 | 1,577 | |
| 3 | 3 | 1,927 | |
| 3 | 3 | 2,120 |
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As Seen In Jacob's Insights
- Downtown Austin Condo Market Report: April 2026Read →
Downtown condo prices kept softening in April, but buyers showed up. 29 closings is up 70% year-over-year. After more than a year of sellers pricing where they wished the market was, April looks like the month buyers and sellers finally met in the middle.
- Downtown Austin Condo Market Report: March 2026Read →
As of March 2026, buyer activity is picking up with pending contracts up 88.9% year-over-year. Closings remained consistent with the broader pricing trend.
- Downtown Austin Condo Market Report: February 2026Read →
As of February 2026, buyer activity is picking up with pending contracts up 68.4% year-over-year. Recent closings came in above the rolling 12-month trend, suggesting the longer downtrend may be losing momentum.
- Snowy Austin, New Condo Sales & Off-MarketsRead →
Tracking downtown Austin building development progress with a Seaholm Residences spotlight, plus Luminary condo sales launch, ATX economic outlook, and a new bagel shop opening.
- Rainey Street District has seen the biggest transformation...Read →
Jacob’s Downtown UpdateData DiveThe Rainey Street District has seen the biggest transformation in downtown, maybe of all time. Previously a strip of single f...
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