Experience the very best of downtown Austin living in this rare 3rd-floor residence at Milago Condominiums. Nestled in the highly sought-after Rainey Street District, this thoughtfully designed two-bedroom, two-bath home combines modern comfort with unbeatable access to Austins vibrant urban core. Step inside to discover an open-concept floor plan featuring a spacious living and dining area, a sleek kitchen with quartz counters, stainless steel appliances, and a large island that doubles as a breakfast bar. Natural light fills the space, while private bedrooms are thoughtfully separated for privacy and convenience. The highlight of this home is the oversized private patio that seamlessly extends your living space outdoors. Unique to this residence, the patio connects directly to Milagos 3rd-floor terrace complete with lounge seating and a community grill giving you the feeling of an expansive backyard in the heart of the city. With easy access to both the elevator and stairs, you can step outside, entertain, or simply relax without leaving your floor. Additional features include: Two reserved garage spaces a true luxury downtown Primary suite with walk-in closet and spa-inspired bath Stacked washer/dryer and wine refrigerator included Pet-friendly community Milago residents enjoy an unmatched lifestyle with amenities such as 24-hour security, a rooftop pool and spa with panoramic city and lake views, a fully equipped fitness center, a business lounge, and on-site concierge services. Direct access to the Lady Bird Lake Hike & Bike Trail puts nature at your doorstep, while Rainey Streets dining, music, and nightlife are just steps away.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Breakfast Bar
- Ceiling Fan(s)
- Quartz Counters
- Double Vanity
- Kitchen Island
- Open Floorplan
- Primary Bedroom on Main
- Stackable W/D Connections
- Storage
- Walk-In Closet(s)
- Flooring: Vinyl
- Window Features: Window Treatments
Appliances
- Dishwasher
- Microwave
- Free-Standing Electric Range
- RNGHD
- Free-Standing Refrigerator
- Washer/Dryer Stacked
- Wine Refrigerator
- Laundry Features: In Unit
Heating and Cooling
- Cooling Features: Central Air, Electric
- Heating Features: Central, Electric
Waterfront and Water Access
- Water Body Name: Lady Bird Lake
- Lake Front
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Patio
Garage and Parking
- Covered Spaces: 2
- Garage Spaces: 2
- Parking Features: Assigned, Garage, Gated
- Parking Total: 2
Land Info
- Lot Size Acres: 0.0067
- Lot Size Square Feet: 292
Homeowners Association
- Association: Yes
- Association Fee: 900
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 900
- Association Name: Milago Condominium
School Information
- Elementary School: Mathews
- High School: Austin
- High School District: Austin ISD
- Middle School: O Henry
- School District: Austin ISD
Amenities and Community Features
- Community Features: BBQ Pit/Grill, Bike Storage/Locker, Business Center, Cluster Mailbox, Concierge, Conference/Meeting Room, Controlled Access, Covered Parking, Fitness Center, Garage Parking, Lake, Maintenance On-Site, Package Service, Planned Social Activities, Pool, Hot Tub, Storage, Street Lights, Tenant Access Cargo Elevator, Trail(s)
Other Property Info
- Annual Tax Amount: 11441.35000000
- Source Listing Status: Active
- County: Travis
- Directions: From I-35, take the Cesar Chavez exit and head west. Turn left (south) onto Red River Street, then left onto Davis Street. Continue east until you reach Rainey Street. Milago Condominiums are located at 54 Rainey Street, near the end of the street, adjacent to Lady Bird Lake Trail.
- Tax Year: 2025
- Source Property Type: Residential
- Area: DT
- Property Subtype: condo
- Source Neighborhood: Milago Condo Amd
- Ownership Type: Common
- Parcel Number: 02030312160000
- Subdivision: Milago Condo Amd
- Flood Plain: No
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1164
- Year Built: 2005
- Builder Name: Milago
- Construction Materials: Brick, Stone, Stucco
- Direction Faces: West
- Foundation Details: Pillar/Post/Pier
- Levels: One
- Living Area Source: Public Records
- Property Age: 20
- Property Condition: Resale
- House Style: 3rd+ Floor Entry, Elevator, High Rise (8-13 Stories)
- Total Area Sqft: 1164
- Year Built Source: Public Records
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- Water Source: Public
Home Features
- Security Features: 24 Hour Security, Building Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Secured Garage/Parking, Security Service