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    54 Rainey St · #502

    $849,500

    54 Rainey St #502, Austin, TX 78701 · MLS# 4776980

    Beds

    3

    Baths

    2

    Size

    1,557

    About this residence

    Perched on the fifth floor of The Milago, this exceptional 3-bed, 2-bath home offers breathtaking west-facing views of the Downtown Austin skyline and Lady Bird Lake. Inside, an open-concept floor plan is filled with natural light streaming through expansive windows that perfectly frame the panoramic views. Rich wood flooring extends throughout the living areas and all three bedrooms, while modern finishes and clean architectural lines create a contemporary feel. The kitchen is thoughtfully designed with granite countertops, stainless steel appliances, ample cabinetry, and a breakfast bar for casual dining, while a dedicated dining area provides the perfect setting for larger gatherings and dinner parties. Just beyond the living room, a private balcony invites you to enjoy morning coffee or evening cocktails overlooking the Austin skyline and Lady Bird Lake. The spacious primary suite serves as a peaceful retreat, featuring a spa-inspired ensuite bath with a soaking tub, walk-in shower, and a custom walk-in closet. Two additional bedrooms offer flexibility for guests, a home office, or additional living space. Residents of Milago enjoy an exceptional collection of amenities, including 24-hour concierge service, secure garage parking, a rooftop pool deck with panoramic views, a fitness center, club room, private event terrace, and dedicated on-site storage. With direct access to the Lady Bird Lake Trail and countless restaurants, coffee shops, and entertainment options just beyond your door on Rainey Street, this residence offers the very best of Austin city living.

    Property details

    Year Built
    2005
    Price / Sq Ft
    $546
    HOA
    $1,290.29/mo
    Annual Taxes
    $15,008.59
    Parking
    2
    View
    City, Downtown, River, Skyline
    Property Type
    Residential
    Status
    Active
    MLS #
    4776980

    Features & appliances

    Breakfast BarCeiling Fan(s)Granite CountersOpen FloorplanPrimary Bedroom on MainRecessed LightingSoaking TubWalk-In Closet(s)DishwasherElectric RangeMicrowaveStainless Steel Appliance(s)

    Listing data deemed reliable but not guaranteed. Sourced from Unlock MLS (Austin Board of Realtors) via MLS Grid. Equal Housing Opportunity. Listing courtesy of Compass RE Texas, LLC, Michael Frost.