Last listed at $575,000, closed on feb 2021

$540,705

•

1,164

sq ft

54 Rainey St #521, Austin, TX 78701

About this home

Gorgeous 2/2 at Milago, backing to Lady Bird Lake/hike & bike trail. Exceptional views of downtown from most rooms. Updates include Bosch induction range, Bosch washer and dryer, updated central air and heat, updated lights and fans, electric window treatments with blackouts, etc. Pool, hot tub, outdoor grills, along with lake and city views from the upper level recreation area. .. perfect place to watch the bats and fireworks! Gym, conference/work areas. Walk to great restaurants/bars/shopping. .. lifestyle!Restrictions: Yes

CondoProperty Type

2005Year Built

$465Est. Price/Sq.Ft.

2 car garageParking

Listed by Andy Allen • Keller Williams Realty

Bought with Betty Epperson • Epperson Realty Group LLC

Redfin checked: a minute ago

•Source:Unlock MLS #1841063

Redfin Estimate

$540,705

$34K under list price of $575K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.7% lower than the average sale price ($718K) of 6 comparable homes.

SOLD JUN 30, 2026
$685,000
A
2 beds2 baths1,164 sq ft
54 Rainey St #412, Austin, TX 78701
SOLD SEP 1, 2026
$550,000
B
2 beds2 baths1,341 sq ft
54 Rainey St #706, Austin, TX 78701
SOLD JUL 2, 2026
$550,000
C
2 beds2 baths1,189 sq ft
54 Rainey St #404, Austin, TX 78701
SOLD OCT 9, 2026
$1,049,000
D
2 beds2 baths1,172 sq ft
44 East Ave #3304, Austin, TX 78701
SOLD MAR 2, 2026
$800,000
E
2 beds2 baths1,212 sq ft
54 Rainey St #922, Austin, TX 78701
SOLD JUL 1, 2026
$675,000
F
2 beds2 baths1,219 sq ft
603 Davis St #2011, Austin, TX 78701

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Earn from this home

Sell

$507,584

Est. take-home

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Rent

$3,226/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

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1 bed1 bath608 sq ft
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$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
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$500,000
1 bed1 bath837 sq ft
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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 #521

Date

Event

Price

Public Records

Mar 1, 2021

Sold

Unlock MLS #1841063

Feb 8, 2021

Pending

—

Feb 1, 2021

Contingent

—

Nov 18, 2020

Price Changed

$575,000

$494/sq ft

Aug 31, 2020

Price Changed

$599,900

$515/sq ft

Jul 31, 2020

Listed

$625,000

$537/sq ft

Public Records

Jun 13, 2018

Sold

Unlock MLS #7569738

Jun 12, 2018

Sold

May 3, 2018

Pending

—

Apr 1, 2018

Price Changed

$555,000

$477/sq ft

Oct 23, 2017

Listed

$565,000

$485/sq ft

Oct 20, 2017

Coming Soon

$565,000

$485/sq ft

Welcome to the Downtown lifestyle at Milago Condos. This beautiful 2 bedroom/2 bath condo facing North has breathtaking views of the downtown skyline from both bedrooms and the large covered balcony. Step right outside to the Hike & Bike trail & Lady Bird Lake or walk down Rainey Street for some great food & night on the town. The open floor plan features 1164sqft, 2 reserved parking spaces in gated garage, large kitchen w/ island, dining & living area. Perfect for entertaining or a peaceful downtown retreat!FEMA - Unknown Restrictions: Yes

Public Records

Feb 12, 2013

Sold

Unlock MLS #2316354

Feb 11, 2013

Sold

Jan 21, 2013

Pending

—

Jan 6, 2013

Pending

—

Jan 1, 2013

Price Changed

$369,900

$318/sq ft

Dec 13, 2012

Listed

$379,900

$326/sq ft

Stunning two bedroom, two bath on Ladybird Lake and Hike & Bike Trail! Great floor plan with open kitchen concept, island, granite counter tops, stainless steel appliances and a brand new stove! This condo also has scenic VIEWS from the living room/balcony/master of the downtown skyline! NO carpet!!! Also comes with 2 GARAGE parking spots!! Amenities Galore; 24/7 concierge, rooftop pool, hot tub, workout facility, club room, and wi-fi lounge! Won't last long. Restrictions: Yes

Public Records

Jun 20, 2011

Sold

Public Records

May 5, 2008

Sold

Public Records

Jun 26, 2006

Sold

Year

Property tax

Land + Additions

Assessment*

2026

$10,034 (−17.6%)

$219,150 + $271,163

$490,313

2025

$12,177 (−11.4%)

$219,150 + $375,867

$595,017

2024

$13,749 (−7.9%)

$219,150 + $474,624

$693,774

2023

$14,924 (+14.0%)

$219,150 + $605,718

$824,868

2022

$13,090 (+4.6%)

$219,150 + $443,675

$662,825

2021

$12,514 (+1.4%)

$109,575 + $465,343

$574,918

2020

$12,345 (+3.8%)

$78,894 + $475,514

$554,408

2019

$11,891 (+1.5%)

$78,894 + $475,514

$554,408

2018

$11,716 (+2.3%)

$65,745 + $447,915

$513,660

2017

$11,455 (+7.1%)

$65,745 + $413,679

$479,424

2016

$10,691 (+13.4%)

$65,745 + $447,915

$513,660

2014

$9,428 (+12.1%)

$65,745 + $330,461

$396,206

2013

$8,409 (+12.0%)

$65,745 + $330,461

$396,206

2012

$7,507 (−1.6%)

2011

$7,626 (+4.7%)

2010

$7,281

2009

$7,281

Tax history for 54 Rainey St #521

Year

Property tax

Land + Additions

Assessment*

2026

$10,034 (−17.6%)

$219,150 + $271,163

$490,313

2025

$12,177 (−11.4%)

$219,150 + $375,867

$595,017

2024

$13,749 (−7.9%)

$219,150 + $474,624

$693,774

2023

$14,924 (+14.0%)

$219,150 + $605,718

$824,868

2022

$13,090 (+4.6%)

$219,150 + $443,675

$662,825

2021

$12,514 (+1.4%)

$109,575 + $465,343

$574,918

2020

$12,345 (+3.8%)

$78,894 + $475,514

$554,408

2019

$11,891 (+1.5%)

$78,894 + $475,514

$554,408

2018

$11,716 (+2.3%)

$65,745 + $447,915

$513,660

2017

$11,455 (+7.1%)

$65,745 + $413,679

$479,424

2016

$10,691 (+13.4%)

$65,745 + $447,915

$513,660

2014

$9,428 (+12.1%)

$65,745 + $330,461

$396,206

2013

$8,409 (+12.0%)

$65,745 + $330,461

$396,206

2012

$7,507 (−1.6%)

2011

$7,626 (+4.7%)

2010

$7,281

2009

$7,281

*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.

1,164

Year built

2005

Style

Condo/Co-op

County

Travis County

APN

719589

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: 2

Parking
Features: Assigned, Attached, Covered
# of Covered Spaces: 2

Interior

Virtual Tour

Bedroom Information
# of Main Level Bedrooms: 2

Bathroom Information
# of Full Bathrooms: 2

Room 1 Information
Laundry

Room 2 Information
Features: Double Vanity, Garden Tub/Roman Tub, Separate Shower
Level: Main

Room 3 Information
Kitchen
Features: Breakfast Bar, Breakfast Area, Granite Counters, Kitchen Island, Kitchen/Family Room Combo

Room 4 Information
Features: Walk-In Closet(s)
Level: Main

Room 5 Information
Dining Room

Room 6 Information
Workshop

Laundry Information
Features: Laundry Closet, In Unit, Stacked

Equipment
Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Free-Standing Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s)

Interior Features
Window Features: Window Treatments
Unfurnished
Flooring: Tile
Other Features: Breakfast Bar, Granite Counters, In-Law Floorplan, Main Level Primary, No Interior Steps, Walk-In Closet(s)

Exterior

Building Information
Stories: 1
Roof Details: Flat Tile
Construction Details: Masonry

Exterior Features
Exterior Features: Balcony, No Exterior Steps, Arbor, Barbecue
Patio And Porch Features: Patio, Balcony
Security Features: Fire Alarm

Pool and Spa Information
Has Private Pool
Pool Features: Heated, In Ground, Roof Top, Pool/Spa Combo
Has Spa
Spa Features: Hot Tub, In Ground, Community

Lot Information
Is Waterfront
Water Body Name: Lady Bird Lake
Waterfront Features: Lake Front

Property Information
Has View
Direction Faces: North
Foundation Details: Slab
Updated/Remodeled

Financial

Tax Information
Tax Year: 2020

Utilities

Utility Information
Utilities: Cable Available, Electricity Available, High Speed Internet Available, Phone Available
Sewer: Public Sewer
Water Source: Public

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

Location

HOA Information
Has Home Owners Association
Association Name: Milago Condos
Association Fee: $595
Monthly
Association Fee Includes: Common Area Maintenance, Insurance, Maintenance Structure
Association Amenities: Concierge

Community Information
Community Features: Barbecue, Bicycle Storage, Concierge, Common Grounds/Area, Community Mailbox, Fitness Center, Game Room, Gated

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,164
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 2005
Year Renovated: —
County: Travis County
APN: 719589

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

$514,000 – $622,000

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Home values near 54 Rainey St #521

Data from public records.

Address	Redfin Estimate
54 Rainey St Apartment 411, Austin, TX 1 Beds \| 1 Baths \| 756 Sq. Ft.	$351,076
54 Rainey St Apartment 505, Austin, TX 1 Beds \| 1 Baths \| 781 Sq. Ft.	$422,236
54 Rainey St Apartment 310, Austin, TX 1 Beds \| 1 Baths \| 756 Sq. Ft.	$553,190
54 Rainey St Apartment 1009, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$523,519
54 Rainey St Apartment 1010, Austin, TX 1 Beds \| 1 Baths \| 756 Sq. Ft.	$466,378
54 Rainey St Apartment 1006, Austin, TX 2 Beds \| 2 Baths \| 1341 Sq. Ft.	$682,203
54 Rainey St Apartment 422, Austin, TX 2 Beds \| 2 Baths \| 1212 Sq. Ft.	$577,409

Address	Redfin Estimate
54 Rainey St Apartment 416, Austin, TX 1 Beds \| 1 Baths \| 852 Sq. Ft.	$430,150
54 Rainey St Apartment 711, Austin, TX 1 Beds \| 1 Baths \| 756 Sq. Ft.	$360,773
54 Rainey St Apartment 1020, Austin, TX 1 Beds \| 1 Baths \| 750 Sq. Ft.	$357,865
54 Rainey St Apartment 904, Austin, TX 2 Beds \| 2 Baths \| 1189 Sq. Ft.	$636,248
54 Rainey St Apartment 618, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$503,276
54 Rainey St Apartment 1, Austin, TX 3 Beds \| 3 Baths \| 2120 Sq. Ft.	$1,264,820
54 Rainey St Apartment 1016, Austin, TX 1 Beds \| 1 Baths \| 852 Sq. Ft.	$400,810

Address	Redfin Estimate
54 Rainey St Apartment 518, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$511,511
54 Rainey St Apartment 705, Austin, TX 1 Beds \| 1 Baths \| 781 Sq. Ft.	$396,186
54 Rainey St Apartment 1005, Austin, TX 1 Beds \| 1 Baths \| 781 Sq. Ft.	$374,604
54 Rainey St Apartment 715, Austin, TX 1 Beds \| 1 Baths \| 756 Sq. Ft.	$368,026
54 Rainey St Apartment 909, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$531,852
54 Rainey St Apartment 415, Austin, TX 1 Beds \| 1 Baths \| 756 Sq. Ft.	$327,605
54 Rainey St Apartment 1012, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$568,787

Property information provided by Unlock MLS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 78799, TX

Sale history for 54 Rainey St #521

Tax history for 54 Rainey St #521

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 #521

More real estate resources