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$5,275
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Property Description
*** Property Special!! All Application Fee's Refunded for an Approved Application! *** Experience unparalleled luxury in this stunning 2-bedroom, 2.5-bath condo, boasting panoramic views from three sides of the building that will simply take your breath away. Situated on the 11th floor, enjoy unbeatable views of the downtown skyline and Lady Bird Lake, placing you right in the heart of Austin's vibrant offerings. The chef's kitchen is a culinary dream, featuring beautifully appointed appliances, a designer layout, a dedicated wine fridge, and ample storage space. The large, open entertaining area seamlessly extends to the balcony, providing a perfect spot to soak in the amazing views. Additionally, this condo includes a dedicated theater/media room-a rare find in downtown living! The spacious primary bedroom is a retreat in itself, offering a luxury walk-in closet complete with a custom-built wardrobe storage system. No expense has been spared in ensuring top-tier comfort and style. Beyond the condo's exceptional features, the building itself offers world-class amenities such as a rooftop pool, a fully equipped gym, and many other exclusive features that set it apart.
Full Property Details
Full Property Details for 54 Rainey St #1122
General
- Rent: $5,275
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 4954259
- Updated: 12/30/2025
- Added to Site: 67 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Breakfast Bar, Bookcases, Built-in Features, Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, Multiple Living Areas, Multiple Primary Suites, Storage, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Wine Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Laundry Closet, In Unit
Additional Information
- Shared Amenities: Concierge
- Shared Pool: Yes
- Pool: Yes
- Private Pool: Yes
- Pool Description: Roof Top, Community
- Spa Description: Community
- Security/Safety: Secured Garage/Parking, Key Card Entry, Controlled Access
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: Assigned, Side By Side, Storage
Location
- Area: DT
- County: Travis
- Subdivision: Milago Condo Amd
- Driving Directions: From Cesar Chavez, S on Red River, E on Driskill, S on Rainey. Milago is at the end of the street on the right. There is street parking in front, visitor parking in garage, or across the street in the public garage.
- Direction Faces: West
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Mathews
- Middle School: O Henry
- High School: Austin
Community
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Private Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Masonry
- Roof: See Remarks
- Windows: Double Pane Windows, Low-Emissivity Windows
- Stories/Levels: 1
- Square Feet: 2,418
- Sq. Ft. Source: Public Records
- Living Area: 2,418 Sq. Ft.
- Year Built: 2005
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: City Lights, City, Lake, Panoramic, Water
- Lot Size (Acres): 0.014
- Lot Size (Sq. Ft.): 609.84
- Fence: Yes
- Lot Features: Level
- Fencing (Description): Gate
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lady Bird Lake
- Water Front Desc.: Lake Front
- Lake Front: Yes
Green Features
- Energy Efficient: Appliances
- Sustainability: Onsite Recycling Center
Financial Considerations
- For Sale/Rent/Lease: Lease
- Security Deposit: $4,748
- Owner Pays: Association Fees, Taxes
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: UNT 1122 MILAGO CONDOMINIUMS AMENDED PLUS .918 % INT IN COM AREA
- Disclosures/Reports: None, Renters Insurance Required
- Property ID: 2030314060000
- Lot Number: 1122
Listed by Keyrenter Property Management
Schools
Schools serving 54 Rainey St #1122
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Mathews Elementary School 906 West Lynn Street, Austin, TX 78703 | PK-6 | 1.9 mi |
Austin High School, Austin, TX 1715 West Cesar Chavez Street, Austin, TX 78703 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 54 Rainey St #1122
Date
Details
Price
Change
Source
12/02/2025
Price Reduced
$5,275
-1.86%
MLS
11/11/2025
Listed
$5,375
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
54 Rainey Street #1122, Austin, TX 78701 (MLS# 4954259) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 54 Rainey Street #1122 is currently listed for rent at $5,275 and was received on November 11, 2025. Want to learn more about 54 Rainey Street #1122? Do you have questions about finding other real estate for sale or rent in Austin? You can browse all Austin rentals or contact a Coldwell Banker agent to request more information.

