AUSTIN LUXURY REALTY

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$550,000
1 Day On Site

54 Rainey ST 706
Austin, TX 78701

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
1,341
SqFt
$410
/SqFt
2005
Built
Subdivision:
Milago Condo Amd
County:
Travis
Call Now: (512) 518-3517
Is this the listing for you? We can help make it yours.
(512) 518-3517
54 Rainey ST 70654 Rainey ST 70654 Rainey ST 70654 Rainey ST 706
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Monthly Payment (Est.)

$2,509
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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.

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Listing Snapshot
Price 
$550,000
Days On Site 
1 Day
Bedrooms 
2
Inside Area (SqFt) 
1,341 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.0077 Acres
Year Built 
2005
MLS® Number 
7656455
Status 
Active
Property Tax 
$16,394.9
HOA/Condo/Coop Fees 
$965 monthly
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.0077
Direction Faces 
Southwest
Disclosures 
None
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Levels 
One
Parking 
AssignedGarageSee Remarks
Parking Spaces 
2
Property Sub Type 
Condominium
Security 
See RemarksSmoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Real Estate Owned
Style 
High Rise (8-13 Stories)
Utilities 
See Remarks
Water Source 
Public
Interior Features
Appliances 
DishwasherDryerElectric RangeMicrowaveOvenRangeRefrigeratorWasherWasher/DryerWine CoolerWine Refrigerator
Cooling 
Ceiling Fan(s)Central Air
Flooring 
TileWood
Heating 
Central
Interior 
See RemarksBarBookcasesBuilt-in FeaturesCeiling Fan(s)ChandelierGranite CountersStone CountersPantryWalk-In Closet(s)Master Downstairs
Laundry Features 
In UnitInsideLaundry Closet
Main Level Bedrooms 
2
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Exterior Features
Exterior 
Balcony
Fencing 
None
Lot Features 
City LotNear Public TransitSee RemarksWaterfront
Other Structures 
See Remarks
Patio And Porch 
CoveredTerraceSee Remarks
Pool Features 
See Remarks
Roof 
Flat Tile
View 
CityCity LightsDowntownLakeRiverSkyline
Waterfront 
Yes
Waterfront Features 
Waterfront
Waterview 
CityCity LightsDowntownLakeRiverSkyline
Community Features
Association Dues 
965
Community Features 
Fitness CenterParkPool
Financing Terms Available 
CashConventionalVA Loan
HOA Fee Frequency 
Monthly
Horse Allowed 
Yes
Horse Property 
None
MLS Area 
DT
School District 
Austin ISD
Schools
School District
Austin ISD
Elementary School
Mathews
Middle School
O Henry
High School
Austin
Listing courtesy of Spyglass Realty dustin@spyglassrealty.com


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Last checked - 2026-05-13 06:57 AM CDT

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Neighborhood & Commute
Source: Walkscore
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