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Diane Hart Alexander, MBA, MHA

diane@alex.realestate +1(713) 591-9902

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54 Rainey ST #502 Austin, TX 78701

3 Beds

2 Baths

1,557 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,557 sqft

Subdivision Milago Condo Amd

MLS Listing ID 4776980

Style High Rise (8-13 Stories)

Bedrooms 3

Full Baths 2

HOA Fees $1,290/mo

HOA Y/N Yes

Year Built 2005

Annual Tax Amount $15,008

Tax Year 2026

Lot Size 392 Sqft

Acres 0.009

Property Sub-Type Condominium

Source actris

Property Description

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.

Location

State TX

County Travis

Area Dt

Rooms

Main Level Bedrooms 3

Interior

Interior Features Breakfast Bar, Ceiling Fan(s), Granite Counters, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplace Y

Appliance Dishwasher, Electric Range, Microwave, Stainless Steel Appliance(s)

Exterior

Exterior Feature Balcony

Garage Spaces 2.0

Fence None

Pool None

Community Features Bike Storage/Locker, Concierge, Conference/Meeting Room, Fitness Center, Lounge, Pool, Storage, Trail(s)

Utilities Available Electricity Available, Sewer Available, Water Available

Waterfront Description None

View City, Downtown, River, Skyline

Roof Type Membrane

Accessibility None

Porch See Remarks

Total Parking Spaces 2

Private Pool No

Building

Lot Description None

Faces West

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Masonry – Partial,Stucco

New Construction No

Schools

Elementary Schools Mathews

Middle Schools O Henry

High Schools Austin

School District Austin Isd

Others

HOA Fee Include Common Area Maintenance,Trash

Restrictions Deed Restrictions

Ownership Common

Acceptable Financing Cash, Conventional

Tax Rate 2.0465

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Compass RE Texas, LLC • Michael Frost

NEARBY SCHOOLS & PROPERTIES

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker License ID: 565194

+1(713) 591-9902

Diane Hart Alexander, MBA, MHA

54 Rainey ST #502 Austin, TX 78701

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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54 Rainey ST #502

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