Last listed at $579,900, closed on jul 2017

$571,548

•

1,164

sq ft

54 Rainey St #921, Austin, TX 78701

About this home

AMAZING UPGRADES separate 921 from the typical condo. Oak hardwoods, upgraded butcher block kitchen island, upgraded bathroom tiles, upgraded cabinetry and kitchen backsplash, and even a wet bar w kegerator! Milago is a LAKEFRONT building anchored to the Rainey Street District, with direct access to the Butler Hike and Bike Trail. Skyline and lake views from unit's terrace. 1st class building amenities: Google Fiber ready, class A gym, rooftop pool with grilling stations, and 24-hour concierge service. Restrictions: Yes

CondoProperty Type

2005Year Built

304 sq ftLot Size

$491Est. Price/Sq.Ft.

2 car garageParking

Listed by Jude Galligan • TOWERS.net

Listed by Amber Galligan • TOWERS.net

Bought with Mark Strub • Strub Residential

Redfin checked: 3 minutes ago

•Source:Unlock MLS #7521178

Redfin Estimate

$571,548

$8,352 under list price of $580K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.8% lower than the average sale price ($627K) 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 JUL 2, 2026
$550,000
B
2 beds2 baths1,189 sq ft
54 Rainey St #404, Austin, TX 78701
SOLD SEP 1, 2026
$550,000
C
2 beds2 baths1,341 sq ft
54 Rainey St #706, Austin, TX 78701
SOLD MAR 2, 2026
$800,000
D
2 beds2 baths1,212 sq ft
54 Rainey St #922, Austin, TX 78701
SOLD DEC 15, 2025
$499,400
E
2 beds2 baths1,164 sq ft
54 Rainey St #713, 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

$536,656

Est. take-home

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Rent

$3,221/mo

Redfin rental estimate

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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

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EARLY ACCESS
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See all

Provided by Redfin

Redfin agents who toured

This unit has views of Rainey Street and Lady Bird Lake. The condo is in excellent condition with modern finish outs. Music can be heard from Rainey St.
10 years ago• May not reflect the current state of the home
Sydney Belcher
Redfin Associate agent

Sale history for 54 Rainey St #921

Date

Event

Price

Public Records

Jul 12, 2017

Sold

Unlock MLS #7521178

Jul 11, 2017

Pending

—

Jul 11, 2017

Sold

Jun 10, 2017

Pending

—

Jun 8, 2017

Price Changed

$579,900

$498/sq ft

Jun 1, 2017

Price Changed

$584,900

$502/sq ft

May 25, 2017

Price Changed

$589,500

$506/sq ft

May 11, 2017

Relisted

—

May 10, 2017

Delisted

—

Mar 23, 2017

Price Changed

$599,000

$515/sq ft

Feb 16, 2017

Listed

$610,000

$524/sq ft

Public Records

Sep 8, 2014

Sold

Unlock MLS #4334374

Sep 18, 2014

Sold

Jul 25, 2014

Pending

—

Jul 7, 2014

Price Changed

$470,000

$404/sq ft

May 19, 2014

Listed

$499,000

$429/sq ft

Milago Condo 2/2 for sale, with beautiful downtown & lake views. AMENITIES:24/7 Concierge; Rooftop pool & hot tub; Modern fitness center & aerobics room, with lake & park views; Club & Recreation Room for private entertaining; Rooftop & 3rd Floor Grills & Terrace; Bike storage, w/ controlled access. FEATURES:Open floor plan w/ private balcony; Picturesque views of downtown & lake, Wood floors, with bedroom carpet; Window blinds; Appliances convey. (2) reserved garage parking spaces with controlled access.

Public Records

Oct 2, 2008

Sold

Public Records

Sep 11, 2006

Sold

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2026

$10,023 (−16.2%)

$219,150 + $270,600

$489,750

2025

$11,953 (−9.3%)

$219,150 + $364,948

$584,098

2024

$13,180 (−0.5%)

$219,150 + $445,901

$665,051

2023

$13,240 (+0.8%)

2022

$13,139 (−0.2%)

2021

$13,165 (+0.5%)

$109,575 + $495,225

$604,800

2020

$13,093 (+3.8%)

$78,894 + $509,114

$588,008

2019

$12,612 (+1.4%)

$78,894 + $509,114

$588,008

2018

$12,442 (+5.4%)

$65,745 + $463,615

$529,360

2017

$11,805 (+7.2%)

$65,745 + $428,179

$493,924

2016

$11,015 (+10.8%)

$65,745 + $463,615

$529,360

2014

$9,940 (−0.3%)

$65,745 + $351,961

$417,706

2013

$9,972 (+12.0%)

$65,745 + $351,961

$417,706

2012

$8,903 (+11.1%)

2011

$8,015 (+3.8%)

2010

$7,722

2009

$7,722

Tax history for 54 Rainey St #921

Year

Property tax

Land + Additions

Assessment*

2026

$10,023 (−16.2%)

$219,150 + $270,600

$489,750

2025

$11,953 (−9.3%)

$219,150 + $364,948

$584,098

2024

$13,180 (−0.5%)

$219,150 + $445,901

$665,051

2023

$13,240 (+0.8%)

2022

$13,139 (−0.2%)

2021

$13,165 (+0.5%)

$109,575 + $495,225

$604,800

2020

$13,093 (+3.8%)

$78,894 + $509,114

$588,008

2019

$12,612 (+1.4%)

$78,894 + $509,114

$588,008

2018

$12,442 (+5.4%)

$65,745 + $463,615

$529,360

2017

$11,805 (+7.2%)

$65,745 + $428,179

$493,924

2016

$11,015 (+10.8%)

$65,745 + $463,615

$529,360

2014

$9,940 (−0.3%)

$65,745 + $351,961

$417,706

2013

$9,972 (+12.0%)

$65,745 + $351,961

$417,706

2012

$8,903 (+11.1%)

2011

$8,015 (+3.8%)

2010

$7,722

2009

$7,722

*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

719687

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, Guest
# of Covered Spaces: 2

Interior

Bedroom Information
# of Main Level Bedrooms: 2

Bathroom Information
# of Full Bathrooms: 2

Room 1 Information
Laundry

Room 2 Information
Dining Room

Room 3 Information
Primary Bedroom

Room 4 Information
Kitchen

Equipment
Appliances: Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Disposal, Refrigerator, Stainless Steel Appliance(s), Washer

Interior Features
Unfurnished
Flooring: Wood
Other Features: Wet Bar, Main Level Primary, No Interior Steps, Track Lighting, Walk-In Closet(s)

Exterior

Building Information
Stories: 1
Construction Details: See Remarks
Builder Name: NA

Exterior Features
Exterior Features: Boat Ramp, Elevator
Security Features: Smoke Detector(s), Controlled Access

Pool and Spa Information
Has Private Pool
Pool Features: In Ground, Roof Top
Has Spa
Spa Features: Hot Tub, In Ground

Lot Information
Lot Size Area: 0.007
Lot Size Acres: 0.007
Is Waterfront
Water Body Name: Lady Bird Lake
Waterfront Features: Lake Front, Boat Ramp/Lift Access

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

Financial

Tax Information
Tax Year: 2016

Utilities

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

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

Location

HOA Information
Has Home Owners Association
Association Name: Milago Owner's Assoc
Association Fee: $466
Monthly
Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure
Association Amenities: Concierge

Community Information
Community Features: Concierge, Fitness Center, Trails/Paths

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: 719687

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

$543,000 – $658,000

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Quartz countertops • Private balcony • Motorized shades

Home values near 54 Rainey St #921

Data from public records.

Address	Redfin Estimate
54 Rainey Street #403, Austin, TX 1 Beds \| 1 Baths \| 865 Sq. Ft.	$389,291
54 Rainey Street #901, Austin, TX 2 Beds \| 2 Baths \| 1289 Sq. Ft.	$628,922
54 Rainey Street #911, Austin, TX 1 Beds \| 1 Baths \| 756 Sq. Ft.	$391,041
54 Rainey Street #703, Austin, TX 1 Beds \| 1 Baths \| 865 Sq. Ft.	$355,817
54 Rainey Street #2, Austin, TX 2 Beds \| 2.5 Baths \| 1927 Sq. Ft.	$1,176,389
54 Rainey Street #14, Austin, TX 1 Beds \| 1 Baths \| 875 Sq. Ft.	$533,826
54 Rainey Street #907, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$492,374

Address	Redfin Estimate
54 Rainey Street #607, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$533,505
54 Rainey Street #1002, Austin, TX 3 Beds \| 2 Baths \| 1557 Sq. Ft.	$816,336
54 Rainey Street #818, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$452,345
54 Rainey Street #819, Austin, TX 1 Beds \| 1 Baths \| 756 Sq. Ft.	$349,127
54 Rainey Street #8, Austin, TX 2 Beds \| 2.5 Baths \| 1650 Sq. Ft.	$983,225
54 Rainey Street #401, Austin, TX 2 Beds \| 2 Baths \| 1289 Sq. Ft.	$556,280
54 Rainey Street #1113, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$477,848

Address	Redfin Estimate
54 Rainey Street #719, Austin, TX 1 Beds \| 1 Baths \| 756 Sq. Ft.	$399,900
54 Rainey Street #707, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$506,306
54 Rainey Street #816, Austin, TX 1 Beds \| 1 Baths \| 852 Sq. Ft.	$438,491
54 Rainey Street #1006, Austin, TX 2 Beds \| 2 Baths \| 1341 Sq. Ft.	$682,203
54 Rainey Street #9, Austin, TX 2 Beds \| 2 Baths \| 1164 Sq. Ft.	$536,869
54 Rainey Street #504, Austin, TX 2 Beds \| 2 Baths \| 1189 Sq. Ft.	$564,931
54 Rainey Street #1105, Austin, TX 1 Beds \| 1 Baths \| 781 Sq. Ft.	$389,262

Property information provided by Unlock MLS when last listed in 2017. 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

Redfin agents who toured

Sale history for 54 Rainey St #921

Tax history for 54 Rainey St #921

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 #921

More real estate resources