54 Rainey ST #PH20 - Photo 1
View all 13 photos
1 / 13
Just Listed

$509,000

54 Rainey ST #PH20, Austin, TX 78701

Milago Condo Amd

Bedrooms1
Bathrooms1
Sq Ft798
Year Built2005

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

Property TypeCondo
MLS #6916651
Days on Market0
HOA Fee$661 / Monthly
Listed8/22/2026
Last Updated8/22/2026

Location

County
Travis
School District
Austin ISD
MLS Area
DT

Size

Lot Description
Greenbelt

Improvements

Garage Spaces
1
Fence
None
Exterior Features
Balcony
Heating
Central
Cooling
Central Air
Appliances
Built-In Oven(s), Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Free-Standing Range, Refrigerator, Washer/Dryer Stacked
Flooring
Carpet, Slate, Wood
Fireplaces
None
Windows
Window Treatments
Construction Materials
Masonry – All Sides
Foundation
Slab
Roof
See Remarks
Direction Faces
Southwest
Pool Features
None
Patio / Porch
None
View
Lake, Panoramic, River
Waterfront
Yes
Community Features
BBQ Pit/Grill, Bike Storage/Locker, Business Center, Concierge, Fitness Center, Gated, Package Service, Pool, Property Manager On-Site, Hot Tub, Trail(s)
Covered Spaces
1
Parking Features
Reserved

Location

You Might Also Like

Listing provided by Jonna Juul-Hansen · Christies Intl Real Estate Lone Star · (512) 663-8881

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$509,000