54 Rainey ST #1018 Austin, TX 78701 Open Sun 3PM-5PM

UPDATED: 10/30/2025 02:03 PM ON MARKET: New on market today

$7,985

3 Beds2.5 Baths1,956 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Rent

Square Footage 1,956 sqft

Subdivision Milago Condo Amd

MLS Listing ID 4971034

Style High Rise (8-13 Stories)

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 2005

Lot Size 492 Sqft

Acres 0.0113

Property Sub-Type Condominium

Source actris

Property Description

Ideally situated on a high floor of the Milago, this expansive 1,956 SF corner residence offers unobstructed views of the Austin skyline and Lady Bird Lake. With a flexible layout featuring three bedrooms (or two with home office or study) this home is thoughtfully designed for both comfort and sophistication. The open-concept living and dining areas flow into the kitchen with generous counter space, stainless steel appliances, and a large pantry. The primary suite is a true retreat, complete with a walk-in closet, private balcony, and a spacious spa-like bath featuring a soaking tub, glass-enclosed shower, dual vanity, and great storage. The second bedroom includes its own en-suite bath, providing comfort and privacy for guests. Additional features include two reserved parking spaces and a private storage unit. Perhaps one of the best secrets in town, The Milago is located on the quiet end of Rainey Street with direct access to the Hike & Bike Trail while being steps away from restaurants, bars, and entertainment, offering a rare balance of lakeside calm and downtown connectivity. The building's full-service amenities include a 24-hour concierge, rooftop pool and spa, fitness center, business center, third-floor terrace with BBQ and seating, and secure bike storage. Also available for sale.

Listed by Urbanspace