Last listed at $389,000, closed on sep 2025

$376,735

•

756

sq ft

54 Rainey St #1015, Austin, TX 78701

About this home

Indulge in luxury living with this exquisite one-bedroom condo, showcasing breathtaking views. Inside, you’ll be greeted by the timeless beauty of wood floors and granite countertops, while the kitchen features sleek stainless steel appliances. A stacked washer and dryer add to the modern conveniences. The Milago building offers impressive amenities, including a rooftop terrace with a pool, hot tub, BBQ grills, a fitness center, club room, ground-level lounge, patio, and 24/7 concierge services. Located in the vibrant Rainey Street District next to Lady Bird Lake, you'll be steps away from popular spots like Royal Blue Grocery, Salvation Pizza, Standard Proof, Cuvee Coffee, Emmer & Rye, Geraldine’s, and the Limestone Rooftop Bar. Enjoy the neighborhood's bustling nightlife and easy access to outdoor activities like biking, paddle boarding, kayaking, running, or strolling along the nearby hike and bike trail or Rainey Trailhead. Live music, dining, and cocktails are just a short walk away, offering an unmatched urban lifestyle. Plus, with reserved parking space #234, you can enjoy the convenience of a lock-and-leave lifestyle. Experience the perfect blend of sophistication and convenience at Milago Condominium—your new home awaits.

CondoProperty Type

2005Year Built

191 sq ftLot Size

$498Est. Price/Sq.Ft.

1 car garageParking

Listed by Sherene Mayner • Womack Real Estate LLC

Contact: (512) 689-9324

Bought with Sherene Mayner • Womack Real Estate LLC

Redfin checked: a minute ago

•Source:Unlock MLS #3385473

Redfin Estimate

$376,735

$12K under list price of $389K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17% lower than the average sale price ($454K) of 6 comparable homes.

SOLD MAY 15, 2026
$446,000
A
1 bed1 bath852 sq ft
54 Rainey St #416, Austin, TX 78701
SOLD OCT 27, 2026
$500,000
B
1 bed1 bath1,005 sq ft
603 Davis St #1201, Austin, TX 78701
SOLD JUL 31, 2026
$395,000
C
1 bed1 bath879 sq ft
603 Davis St #2007, Austin, TX 78701
SOLD DEC 8, 2025
$349,900
D
1 bed1 bath781 sq ft
54 Rainey St #405, Austin, TX 78701
SOLD OCT 26, 2026
$539,000
E
1 bed1 bath742 sq ft
48 East Ave #3006, Austin, TX 78701
SOLD OCT 23, 2026
$495,000
F
1 bed1 bath706 sq ft
48 East Ave #3005, Austin, TX 78701

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Earn from this home

Sell

$353,026

Est. take-home

List your home with Redfin and save $3,767

Rent

$2,460/mo

Redfin rental estimate

List your home for rent

Market trends in 78799, TX

Last updated October 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

96.3%

+1.9% MoM

Median sale price

$786K

$17K MoM

Avg. days on market

93d

9 days MoM

Recently sold homes

7 MoM

New listings for sale

$160,000
1 bed1 bath608 sq ft
1800 Lavaca St Unit A704, Austin, TX 78701
$1,637,500
2 beds2.5 baths1,587 sq ft
210 Lavaca St #1912, Austin, TX 78701
$1,195,000
2 beds2 baths1,697 sq ft
70 Rainey St #1201, Austin, TX 78701
$695,000
1 bed1 bath667 sq ft
84 East Ave #1808, Austin, TX 78701
$798,000
2 beds2 baths1,221 sq ft
44 East Ave #2307, Austin, TX 78701
44 East Ave #3402, Austin, TX 78701
$1,425,000
2 beds2 baths1,386 sq ft
44 East Ave #3402, Austin, TX 78701
$469,000
Studio1 bath450 sq ft
48 East Ave #1202, Austin, TX 78701
$2,200,000
3 beds3 baths2,517 sq ft
501 West Ave #1601, Austin, TX 78701
$500,000
1 bed1 bath837 sq ft
70 Rainey St #1805, Austin, TX 78701
EARLY ACCESS
$539,000
1 bed1 bath650 sq ft
222 West Ave #2605, Austin, TX 78701
See all

Provided by Redfin

Sale history for 54 Rainey St #1015

Date

Event

Price

Public Records

Sep 19, 2025

Sold

Unlock MLS #3385473

Sep 19, 2025

Sold

Sep 9, 2025

Contingent

—

Sep 2, 2025

Relisted

—

Aug 27, 2025

Price Changed

$389,000

$515/sq ft

Jun 3, 2025

Price Changed

$399,000

$528/sq ft

Apr 23, 2025

Price Changed

$419,000

$554/sq ft

Feb 6, 2025

Price Changed

$424,000

$561/sq ft

Dec 31, 2024

Price Changed

$455,000

$602/sq ft

Nov 13, 2024

Price Changed

$458,000

$606/sq ft

Oct 17, 2024

Price Changed

$459,000

$607/sq ft

Sep 25, 2024

Listed

$469,000

$620/sq ft

ACTRIS #1536617

Aug 12, 2023

Rental Removed

$2,100

$3/sq ft

Jul 31, 2023

Listed for Rent

$2,100

$3/sq ft

Public Records

Feb 26, 2019

Sold

Unlock MLS #9827879

Feb 22, 2019

Sold

Jan 24, 2019

Pending

—

Nov 27, 2018

Price Changed

$339,900

$450/sq ft

Nov 8, 2018

Price Changed

$344,900

$456/sq ft

Oct 24, 2018

Listed

$354,900

$469/sq ft

NEW PRICE! Live, work and play in the sought after Rainy Street District. Enjoy the shores of Lady Bird Lake right outside your door! Popular floor plan on the 10th floor with excellent views. Fresh paint, gorgeous hardwoods and stainless appliances. Ideal lock and leave for the busy downtown dweller. Amenities include 24 hour concierge, rooftop pool, club room, lounge, gym and business center. Updated common areas.

Public Records

Dec 30, 2015

Sold

Unlock MLS #4321282

Dec 29, 2015

Sold

Nov 24, 2015

Pending

—

Oct 25, 2015

Relisted

—

Oct 22, 2015

Pending

—

Oct 6, 2015

Price Changed

$337,000

$446/sq ft

Aug 20, 2015

Listed

$342,900

$454/sq ft

Public Records

Aug 29, 2008

Sold

Year

Property tax

Land + Additions

Assessment*

2026

$7,215 (−5.5%)

$142,298 + $210,259

$352,557

2025

$7,639 (−1.6%)

$142,298 + $230,970

$373,268

2024

$7,766

$142,298 + $249,561

$391,859

2023

$7,764 (+0.8%)

2022

$7,705 (−0.2%)

2021

$7,720 (+6.6%)

$71,150 + $283,513

$354,663

2020

$7,243 (+3.8%)

$51,227 + $274,065

$325,292

2019

$6,977 (−11.6%)

$51,227 + $274,065

$325,292

2018

$7,894 (−2.2%)

$42,690 + $292,310

$335,000

2017

$8,070 (+7.2%)

$42,690 + $294,782

$337,472

2016

$7,526 (+12.7%)

$42,690 + $292,310

$335,000

2014

$6,676 (+14.3%)

$42,689 + $237,857

$280,546

2013

$5,842 (+12.0%)

$42,689 + $237,857

$280,546

2012

$5,216 (+12.9%)

2011

$4,621 (−17.0%)

2010

$5,567

2009

$5,567

Tax history for 54 Rainey St #1015

Year

Property tax

Land + Additions

Assessment*

2026

$7,215 (−5.5%)

$142,298 + $210,259

$352,557

2025

$7,639 (−1.6%)

$142,298 + $230,970

$373,268

2024

$7,766

$142,298 + $249,561

$391,859

2023

$7,764 (+0.8%)

2022

$7,705 (−0.2%)

2021

$7,720 (+6.6%)

$71,150 + $283,513

$354,663

2020

$7,243 (+3.8%)

$51,227 + $274,065

$325,292

2019

$6,977 (−11.6%)

$51,227 + $274,065

$325,292

2018

$7,894 (−2.2%)

$42,690 + $292,310

$335,000

2017

$8,070 (+7.2%)

$42,690 + $294,782

$337,472

2016

$7,526 (+12.7%)

$42,690 + $292,310

$335,000

2014

$6,676 (+14.3%)

$42,689 + $237,857

$280,546

2013

$5,842 (+12.0%)

$42,689 + $237,857

$280,546

2012

$5,216 (+12.9%)

2011

$4,621 (−17.0%)

2010

$5,567

2009

$5,567

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

756

Year built

2005

Style

Condo/Co-op

County

Travis County

APN

719705

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 22, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
# of Garage Spaces: 1

Parking
Features: Assigned, Electric Gate, Enclosed, Private, Covered, Guest
# of Parking (Total): 1
# of Covered Spaces: 1

Interior

Bedroom Information
# of Main Level Bedrooms: 1

Bathroom Information
# of Full Bathrooms: 1

Room 1 Information
Kitchen
Features: Granite Counters
Level: Main

Room 2 Information
Features: Granite Counters, Garden Tub/Roman Tub
Level: Main

Room 3 Information
Features: Ceiling Fan(s), High Ceilings
Level: Main

Laundry Information
Features: Laundry Closet, Washer Hookup, Dryer Hookup, Electric Dryer Hookup, Stacked

Equipment
Appliances: Washer/Dryer Stacked, Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator

Interior Features
Window Features: Insulated Windows, Window Treatments
Flooring: Wood
Other Features: Breakfast Bar, Ceiling Fan(s), Granite Counters, High Ceilings, Main Level Primary, Open Floorplan, Soaking Tub, Smart Thermostat, Walk-In Closet(s), Programmable Thermostat

Exterior

Building Information
Stories: 1
Year Built Source: Public Records
Roof Details: Membrane
Construction Details: Brick, Concrete, Stucco

Exterior Features
Exterior Features: Balcony
Patio And Porch Features: Covered, Balcony
Security Features: Fire Sprinkler System, Twenty Four Hour Security, Key Card Entry, Smoke Detector(s), Security Guard, Controlled Access

Pool and Spa Information
Pool Features: Community

Lot Information
Lot Size Area: 0.0044
Lot Size Acres: 0.0044
Lot Features: Backs to Greenbelt/Park, Many Trees
Is Waterfront
Water Body Name: Lady Bird Lake
Waterfront Features: Waterfront

Property Information
Has View
Direction Faces: East
Foundation Details: Slab
Resale

Financial

Assessments and Fees
Assessed Value: $429,142

Tax Information
Annual Tax Amount: $8,267.88
Tax Year: 2024

Utilities

Utility Information
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Sewer: Private Sewer
Water Source: Private

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central

Location

HOA Information
Has Home Owners Association
Association Name: Milago HOA
Association Fee: $584.45
Monthly
Association Fee Includes: Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Security, Trash
Association Amenities: Concierge

Community Information
Community Features: Concierge, Courtyard, Conference/Meeting Room, Deck/Porch, Fitness Center, Gated, Pool, Street Lights, Trails/Paths, Curbs

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 756
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 2005
Year Renovated: —
County: Travis County
APN: 719705

Home facts updated by county records on Oct 22, 2026

About this building

8 for sale

54 Rainey St Austin, TX, 78701

See photos & sale trends

Photo via 502 listing

Units for sale


415	$339,000	1 bed	1 bath	756 sq ft
811	$339,000	1 bed	1 bath	756 sq ft
—	$375,000	1 bed	1 bath	756 sq ft
	$375,000	1 bed	1 bath	756 sq ft
920	$475,000	1 bed	1 bath	750 sq ft
20	$509,000	1 bed	1 bath	798 sq ft
608	$519,000	1 bed	1 bath	893 sq ft
502	$799,999	3 beds	2 baths	1557 sq ft

Around this home

Schools

K - 12
Preschool & daycare

Mathews Elementary School

Public PreK-6 • Assigned • 1.9mi

10/10

O Henry Middle School

Public 6-8 • Assigned • 2.9mi

7/10

Austin High School

Public 9-12 • Assigned • 2.0mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 11-17% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

6 days above 108° expected this year, 16 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Austin, TX • 78701

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 4.9 hours in December, which is comparable to the U.S. average for solar exposure.

9.4 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$358,000 – $434,000

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Near major hospitals • Near shopping • Near restaurants

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Iconic views • Private balcony • Fitness center

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Views of east austin • Ceiling fans • Cenote pool

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$435 HOA • Parking • Community pool

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501 West Ave #1601, Austin, TX 78701

Quartz countertops • Miele appliances • $2,258 HOA

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Quartz countertops • Private balcony • Motorized shades

Home values near 54 Rainey St #1015

Data from public records.

Address	Redfin Estimate
54 Rainey Street #416, Austin, TX 1 Beds \| 1 Baths \| 852 Sq. Ft.	$430,150
54 Rainey Street #604, Austin, TX 2 Beds \| 2 Baths \| 1189 Sq. Ft.	$595,892
54 Rainey Street #307, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$650,594
54 Rainey Street #808, Austin, TX 1 Beds \| 1 Baths \| 893 Sq. Ft.	$488,590
54 Rainey Street #2, Austin, TX 2 Beds \| 2.5 Baths \| 1927 Sq. Ft.	$1,176,389
54 Rainey Street #22, Austin, TX 2 Beds \| 2 Baths \| 2418 Sq. Ft.	$1,584,640
54 Rainey Street #809, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$502,540

Address	Redfin Estimate
54 Rainey Street #404, Austin, TX 2 Beds \| 2 Baths \| 1189 Sq. Ft.	$564,508
54 Rainey Street #706, Austin, TX 2 Beds \| 2 Baths \| 1341 Sq. Ft.	$570,487
54 Rainey Street #612, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$554,677
54 Rainey Street #1004, Austin, TX 2 Beds \| 2 Baths \| 1189 Sq. Ft.	$508,720
54 Rainey Street #6, Austin, TX 2 Beds \| 2 Baths \| 1341 Sq. Ft.	$667,679
54 Rainey Street #401, Austin, TX 2 Beds \| 2 Baths \| 1289 Sq. Ft.	$556,280
54 Rainey Street #914, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$608,791

Address	Redfin Estimate
54 Rainey Street #510, Austin, TX 1 Beds \| 1 Baths \| 756 Sq. Ft.	$439,230
54 Rainey Street #622, Austin, TX 2 Beds \| 2 Baths \| 1212 Sq. Ft.	$582,719
54 Rainey Street #1014, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$589,090
54 Rainey Street #1204, Austin, TX 2 Beds \| 2 Baths \| 1189 Sq. Ft.	$590,210
54 Rainey Street #18, Austin, TX 2 Beds \| 2 Baths \| 1956 Sq. Ft.	$1,354,860
54 Rainey Street #402, Austin, TX 3 Beds \| 2 Baths \| 1557 Sq. Ft.	$1,138,670
54 Rainey Street #905, Austin, TX 1 Beds \| 1 Baths \| 781 Sq. Ft.	$383,751

Property information provided by Unlock MLS when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 78799, TX

Sale history for 54 Rainey St #1015

Tax history for 54 Rainey St #1015

Public record

Property details

About this building

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 78701

Home values near 54 Rainey St #1015

More real estate resources