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$3,179
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Property Description
Move In Special: 2K Security Deposit *Look & Lease $1K off security deposit. 360 Degree Views of Lake, DT, Hills on Rooftop Pool & Steps to Ladybird Lake & Hike & Bike Trail w Ladybird Lake access. This unit recently renovated, designer interiors, new floors & paint offers 24 HR Concierge, secure parking, extra amenities, rooftop hot tub, fully equipped lakefront/trail fitness center and patio, club room, WiFi lounge, 3rd floor community terrace w/grill and patio seating . Unit has multiple upgrades, w no carpet, glass tile backsplash and column, recess lighting, fluted and dental moldings, faux finishes, designer frosted W/D sliding doors. Sq./Ft. w Balcony 1189 sq./ft Owner/Agent TX#569615
Full Property Details
Full Property Details for 54 Rainey St #509
General
- Rent: $3,179
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 3436351
- Updated: 1/15/2026
- Added to Site: 75 day(s) ago
Rental Information
- Lease/Rent Term: See Remarks
Interior
- Interior Features: Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Coffered Ceiling(s), Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Multiple Primary Suites, Multiple Closets, No Interior Steps, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
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: In Ground, Roof Top, Community
- Spa: Yes
- Spa Description: Community, Hot Tub
- Security/Safety: Fire Alarm, Fire Escape, Fire Sprinkler System, Secured Garage/Parking, Key Card Entry, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Lighting
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Additional Parking, Assigned, Electric Gate, Garage Faces Front, Garage, Gated, Off Street, Covered, Guest
Location
- Area: DT
- County: Travis
- Subdivision: Milago Condo Amd
- Driving Directions: From I-35 N exit Holly St, Left to round-about, Left towards lake, last condo on right @ Lake. From Cesar Chavez, South on Red River, left on Driskill for 1 block, Right on Rainey. Last high rise at the Lake on the RT, Milago Condos.
- Direction Faces: East
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
- Gated community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
Utilities
- Sewer: Public Sewer
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, High Speed Internet Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 1
- Square Feet: 1,189
- Sq. Ft. Source: Public Records
- Living Area: 1,189 Sq. Ft.
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.0067
- Lot Size (Sq. Ft.): 291.85
- Lot Features: None
Water Features
- Water Front Name: Lady Bird Lake
Green Features
- Energy Efficient: Appliances
Financial Considerations
- For Sale/Rent/Lease: Lease
- Security Deposit: $2,000
- Pet Deposit: $300
- Owner Pays: All Utilities, Cable TV, Internet, Water
- Tenant Pays: All Utilities, Cable TV, Electricity, Internet, Water
Disclosures and Reports
- Legal Description: UNT 509 MILAGO CONDOMINIUMS AMENDED PLUS .442 % INT IN COM AREA
- Disclosures/Reports: Owner Is Listing Agent, Renters Insurance Required
- Property ID: 2030312570000
- Lot Number: 509
Listed by Central Metro Realty
Schools
Schools serving 54 Rainey St #509
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 #509
Date
Details
Price
Change
Source
1/15/2026
Price Increased
$3,179
3.38%
MLS
1/10/2026
Price Reduced
$3,075
-0.81%
MLS
12/10/2025
Price Reduced
$3,100
-2.97%
MLS
12/02/2025
Price Reduced
$3,195
-3.03%
MLS
11/26/2025
Price Increased
$3,295
1.38%
MLS
11/04/2025
Listed
$3,250
—
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 #509, Austin, TX 78701 (MLS# 3436351) is a Condo property with 2 bedrooms and 2 full bathrooms. 54 Rainey Street #509 is currently listed for rent at $3,179 and was received on November 04, 2025. Want to learn more about 54 Rainey Street #509? 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.

