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$3,500 /month

54 Rainey St, Austin, TX 78701

Last Updated:

What This Condo Offers

Inviting west-facing two-bedroom residence at the highly sought-after Milago Condominiums, ideally positioned alongside the renowned Lady Bird Lake. This... light-filled home offers captivating lake views and a spacious open-concept layout featuring two bedrooms and two full bathrooms. The modern kitchen is equipped with granite countertops, stainless steel appliances, ample cabinetry, and generous storage throughout. Additional highlights include wood flooring throughout, custom window treatments, a private balcony, in-unit washer and dryer, and walk-in closets. The primary suite features a spa-inspired bathroom with a glass-enclosed shower and separate soaking tub. Residents of Milago enjoy an exceptional collection of amenities, including: Full-time front desk and concierge staff Expansive fitness center Bike storage Club room for social and private events Lakeside reading room Rooftop pool, hot tub, and gas grilling area Enjoy unparalleled access to Lady Bird Lake, the hike-and-bike trail, and the vibrant downtown lifestyle. Please note: Broker has a familial relationship with the owner. MLS ID 4666922

Unit 512

  • $3,500 / month
  • 2 Beds
  • 2 Baths
  • 1164 sq. ft.
  • Available Jun 8

Condo Features

  • Dishwasher
  • Disposal
  • Hardwood Floors
  • Microwave
  • Refrigerator
  • Tile Floors

Community Features

  • Pool

54 Rainey St Unit 512 is a condo for rent in Austin, TX

Condo Details

Views

  • River
  • Lake
  • City
  • Hills

Home Design

  • Built in 2005
  • Condominium
  • Masonry Siding
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1-Story Property
  • Track Lighting
  • 1164 Sq Ft Home
  • Window Treatments

Kitchen

  • Electric Range
  • Breakfast Bar
  • Oven
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • 2 Bedrooms | 2 Bathrooms

Laundry

  • Laundry closet

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Reserved Parking

Pool

  • Above Ground Pool
  • Above Ground Spa

Outdoor Features

  • Boat Ramp
  • Covered Patio or Porch

Lot Details

  • Lake Front
  • 305 Sq Ft Lot
  • Mature Trees
  • Wooded Lot
  • West Facing Home
  • Many Trees
  • Level Lot
  • Sprinkler System

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • Public Water Source

Listing and Financial Details

  • Security Deposit $3,500
  • 12 Month Lease Term
  • $40 Application Fee
  • Assessor Parcel Number 02030312600000
  • Tenant pays for all utilities, electricity, water
  • The owner pays for association fees, insurance, taxes

Community Details

Overview

  • Community Lake
  • 240 Units
  • Property has a Home Owners Association
  • Milago Condo Amd Subdivision

Amenities

  • Game Room
  • Common Area

Recreation

  • Fitness Center
  • Community Pool
  • Community Playground
  • Park
  • Trails

Security

  • Gated Community

Explore Commute Options

Destination Address
  • Drive Time
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  • Walk Time
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  • Bike Ride Time
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  • Public Transit
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What's nearby 54 Rainey St Unit 512

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Get In Touch

Property Address:
54 Rainey St,
Austin, TX 78701
Listed by
Annahita Anami Hardeman | 3 Flowers Realty, LLC
Phone Number: (512) 797-5122
More Information:
View Property Website
AustinBOR#TX

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. ABoR, ACTRIS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law. Copyright © 2026.

Area Scores

Walkability

Very walkable80 / 100

Transit

Some public transit50 / 100

Driveability

Moderately drivable70 / 100

Bikeability

Very bikeable80 / 100

Scores provided by

Travel and Transit

Commuter Rail
5 min Drive
Airport
Austin-Bergstrom International
23 min Drive
Austin-Bergstrom International

Local Education

Colleges and Universities

School

Commute Time (Distance)

University of Texas at Austin

Drive: 5 min (2.3 mi)

Austin C.C., Rio Grande Campus

Drive: 5 min (2.6 mi)

Austin C.C., Eastview Campus

Drive: 6 min (2.9 mi)

St. Edward's University

Drive: 6 min (3 mi)

Discover Texas Capital, Austin, TX

Shopping Centers

Shoppers will appreciate 54 Rainey St Unit 512 proximity to 805 & 809 E 6th St, 6th & Congress, and Pecan Business Square. 805 & 809 E 6th St is 0.8 miles away, and 6th & Congress is within a 17 minute walk.

Commuting

With a TransitScore of 50, 54 Rainey St Unit 512 has some public transit, including 8 transit stops within 36.5 miles. Transit options include Downtown Station and Plaza Saltillo Station.

Parks and Recreation

Recreational activities near 54 Rainey St Unit 512 are plentiful. Discover 5 parks within 3.2 miles, including Lady Bird Lake, Umlauf Sculpture Garden and Museum, and Blunn Creek Nature Preserve.

Airports

Living in Texas Capital provides easy access to Austin-Bergstrom International, located just 22 minutes from 54 Rainey St Unit 512.

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