54 Rainey ST #706 Austin, TX 78701 New

UPDATED: 05/12/2026 01:16 PM ON MARKET: 1 days on market

$550,000

2 Beds2 Baths1,341 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,341 sqft

Price per Sqft $410

Subdivision Milago Condo Amd

MLS Listing ID 7656455

Style High Rise (8-13 Stories)

Bedrooms 2

Full Baths 2

HOA Fees $965/mo

HOA Y/N Yes

Year Built 2005

Annual Tax Amount $16,394

Tax Year 2025

Lot Size 335 Sqft

Acres 0.0077

Property Sub-Type Condominium

Source actris

Property Description

Located in the heart of the vibrant Rainey Street District, this exceptional residence at 54 Rainey offers one of the most breathtaking and unobstructed views in all of Austin. Unit 706 features two spacious bedrooms, two full bathrooms, a dedicated office, and an expansive open living area perfectly positioned to capture sweeping panoramic views of Lady Bird Lake and the downtown Austin skyline from nearly every angle. Floor-to-ceiling glass fills the home with natural light and creates a truly unmatched urban living experience.

Residents at 54 Rainey enjoy resort-style amenities including a stunning rooftop pool and lounge deck overlooking the city, state-of-the-art fitness center, yoga studio, dog park, concierge services, outdoor grilling and entertaining spaces, co-working areas, and beautifully designed resident lounges. Just steps from Austin's top restaurants, nightlife, hike and bike trails, and waterfront activities, this is luxury downtown living at its finest.

Priced aggressively at just $550,000 and ready to sell. Seller financing may also be available for qualified buyers with as little as 0% down.

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 05/12/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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. Some IDX listings have been excluded from this website.
Data last updated: 05/12/2026 13:06

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 05/12/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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. Some IDX listings have been excluded from this website.
Data last updated: 05/12/2026 13:06.