
54 Rainey St, Austin, TX 78701
What This Condo Offers
Located within Austin’s Rainey Street District, walking distance to Austin’s Butler Hike trail, easy access to upscale dinning and entertainment, this... beauty offers views of the most desirable city in America! Escape the busy city life in this Oasis located on the 5th floor at Milago. This spacious condo is a 2BED/2 BATH open floor plan for anyone looking to live in the heartbeat of Austin. Condo includes: 24 hour concierge service, 24 hour access to all amenities, stainless steel appliances, 2 reserved garage parking spots, and a private balcony. MLS ID 6804395
Unit 518
- $3,295 / month
- 2 Beds
- 2 Baths
- 1164 sq. ft.
- Available Mar 1
Condo Features
- Balcony
- Dishwasher
- Disposal
- Hardwood Floors
- Microwave
- Tile Floors
Community Features
- Pool
54 Rainey St Unit 518 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.
Dogs
- Dogs Allowed
Cats
- Cats Allowed
Condo Details
Views
- City Views
Home Design
- Built in 2006
- Condominium
- Masonry Siding
- Stone Veneer
- Slab Foundation
Interior Spaces
- Open Floorplan
- Recessed Lighting
- 1-Story Property
- Track Lighting
- Ceiling Fan
- Window Screens
- 1164 Sq Ft Home
Kitchen
- Granite Countertops
- Stainless Steel Appliances
- Breakfast Bar
- Oven
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- 2 Main Level Bedrooms
- 2 Full Bathrooms
- 2 Bedrooms | 2 Bathrooms
Laundry
- Laundry closet
- Washer
Parking
- 2 Car Garage
- Community Parking Structure
- Assigned Parking
Accessible Home Design
- Accessible Common Area
Pool
- In Ground Pool
Outdoor Features
- Balcony
Lot Details
- Lake Front
- 305 Sq Ft Lot
- Mature Trees
- Wooded Lot
- Northeast Facing Home
- Dense Growth Of Small Trees
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Electricity Available
- Public Water Source
- Public Sewer
- Vented Exhaust Fan
Listing and Financial Details
- Security Deposit $3,995
- Negotiable Lease Term
- $75 Application Fee
- Assessor Parcel Number 02030312660000
- Tenant pays for all utilities
- The owner pays for association fees
Community Details
Overview
- Community Lake
- 75 Units
- Property has a Home Owners Association
- Milago Condo Amd Subdivision
Amenities
- Concierge
- Clubhouse
- Planned Social Activities
- Community Kitchen
- Meeting Room
- Picnic Area
- Community Storage Space
- Common Area
- Community Mailbox
- Recycling
Recreation
- Fitness Center
- Community Pool
- Park
- Trails
Pet Policy
- Pet Amenities
- Dogs and Cats Allowed
- Breed Restrictions
- Small pets allowed
- Pet Deposit $150
Security
- Building Security
- Gated Community
- Resident Manager or Management On Site
Explore Commute Options
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--
Get In Touch
Austin, TX 78701

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.
Neighborhood Scores
Walk Score ®
Very Walkable88 / 100
Transit Score ®
Good Transit60 / 100
Bike Score ®
Biker's Paradise91 / 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 518 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 518 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 518 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 518.
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