
54 Rainey St, Austin, TX 78701
What This Condo Offers
Milago Condo in the Vibrant Rainey St District with Spectacular unobstructed Views of Lady Bird Lake, the Downtown Austin Skyline and the Hill Country. Milago... is the only building in the downtown area that sits right beside the trail and lake. The kitchen, dining, and living room areas are open to each other creating a wonderfully spacious feel. This generous floor plan features Two Unique Primary Bedrooms each with an En-Suite Bath, a half bath, oversized walk-in closets and an oversized large balcony to take in the views.. The kitchen has an abundance of storage space and a beautiful curved breakfast bar. Residents have access to bike storage areas, a fully equipped fitness room, club/party room, ground floor lounge with access to the outdoor trailside patio, 3rd level outdoor terrace with a grill overlooking the lake and park, rooftop pool/spa with covered/shaded sitting areas and bbq grills.
Unit 1208
- $4,500 / month
- 2 Beds
- 3 Baths
- 1,650 sq. ft.
- Available Now
Condo Features
- Balcony
- Dishwasher
- Disposal
- Hardwood Floors
- Microwave
- Tile Floors
Community Features
- Pool
54 Rainey St Unit 1208 is located in Austin, Texas in the 78701 zip code.
Rental Fees and Pet Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Cats Allowed
- Fee Not Specified
Dogs Allowed
- Fee Not Specified
Condo Details
Views
- Lake
- Downtown
- Hills
Home Design
- Built in 2005
- Brick Exterior Construction
- Condominium
- Built-Up Roof
- Stucco
- Pillar, Post or Pier Foundation
Interior Spaces
- Storage
- 1-Story Property
- 1650 Sq Ft Home
- Window Treatments
Kitchen
- Free-Standing Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Double Master Bedroom
- 2 Main Level Bedrooms
- 2.5 Bathrooms
- 2 Bedrooms | 3 Bathrooms
Laundry
- Stacked Washer and Dryer
Home Security
- Closed Circuit Camera
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- Secured Garage or Parking
- 2 Car Garage
- Community Parking Structure
- Reserved Parking
Eco-Friendly Details
- Sustainability products and practices used to construct the property include onsite recycling center
Pool
- Roof Top Pool
- Spa
Outdoor Features
- Covered Patio or Porch
- Balcony
Lot Details
- Lake Front
- 414 Sq Ft Lot
- Many Trees
- Southwest Facing Home
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
- Public Water Source
- Electric Water Heater
- Public Sewer
Listing and Financial Details
- Security Deposit $4,500
- 12 Month Lease Term
- $100 Application Fee
- Assessor Parcel Number 719741
- Tenant pays for all utilities, cable TV, electricity, hot water, insurance, sewer, water
- The owner pays for association fees
Community Details
Overview
- Community Lake
- Lock-and-Leave Community
- 240 Units
- Property has a Home Owners Association
- Milago Condo Amd Subdivision
Amenities
- Concierge
- Laundry Service
- Rooftop Deck
- Meeting Room
- Lounge
- Bike Room
- Community Barbecue Grill
- Courtyard
- Package Room
- Community Storage Space
- Common Area
- Community Mailbox
- Recycling
Recreation
- Fitness Center
- Community Pool
- Park
- Trails
- Dog Park
Pet Policy
- Dogs and Cats Allowed
- Small pets allowed
Security
- Gated Community
- Card or Code Access
- Resident Manager or Management On Site
Explore Commute Options
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--
Get In Touch

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 © 2025.
Neighborhood Scores
Walk Score ®
Very Walkable88 / 100
Transit Score ®
Good Transit60 / 100
Bike Score ®
Biker's Paradise91 / 100
Soundscore ™
Busy67 / 100
Travel and Transit


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 1208 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 60, 54 Rainey St Unit 1208 has good 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 1208 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 1208.
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