Date
Details
Price
Change
Source
5/19/2026
Listed
$3,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Inviting west-facing two-bedroom residence at the highly sought-after Milago Condominiums, ideally positioned alongside the renowned Lady Bird Lake. This light-filled home offers captivating lake views and a spacious open-concept layout featuring two bedrooms and two full bathrooms. The modern kitchen is equipped with granite countertops, stainless steel appliances, ample cabinetry, and generous storage throughout. Additional highlights include wood flooring throughout, custom window treatments, a private balcony, in-unit washer and dryer, and walk-in closets. The primary suite features a spa-inspired bathroom with a glass-enclosed shower and separate soaking tub. Residents of Milago enjoy an exceptional collection of amenities, including: Full-time front desk and concierge staff Expansive fitness center Bike storage Club room for social and private events Lakeside reading room Rooftop pool, hot tub, and gas grilling area Enjoy unparalleled access to Lady Bird Lake, the hike-and-bike trail, and the vibrant downtown lifestyle. Please note: Broker has a familial relationship with the owner.
Full Property Details
Full Property Details for 54 Rainey St #512
General
- Rent: $3,500
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 4666922
- Updated: 5/19/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Breakfast Bar, Main Level Primary, Track Lighting, Walk-In Closet(s)
- Fireplace(s): None
- Appliances: Dishwasher, Electric Range, Free-Standing Range, Disposal, Microwave, Oven, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Laundry Closet
Additional Information
- Shared Amenities: Common Grounds/Area, Fitness Center, Game Room, Gated, Lake, Playground, Park, Pool, Sidewalks, Trails/Paths
- Shared Pool: Yes
- Pool: Yes
- Private Pool: Yes
- Pool Description: Above Ground, Community
- Spa: Yes
- Spa Description: Above Ground, Hot Tub
- Security/Safety: Security System Leased, Fire Alarm, Smoke Detector(s)
Exterior
- Exterior Features: Boat Ramp, See Remarks
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: Assigned, Attached, Garage, Garage Door Opener
Location
- Area: DT
- County: Travis
- Subdivision: Milago Condo Amd
- Driving Directions: From Cesar Chavez turn right (south) on Red River, left on Driskill, right on Rainey Street.
- 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
- Gated community: Yes
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: See Remarks
- Water: Public
- Utility Description: Electricity Available, See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: Masonry
- Roof: See Remarks
- Windows: Window Treatments
- Stories/Levels: 1
- Square Feet: 1,164
- Sq. Ft. Source: Public Records
- Living Area: 1,164 Sq. Ft.
- Year Built: 2005
Lot Features
- Property View: City, Hills, Lake, River
- Lot Size (Acres): 0.007
- Lot Size (Sq. Ft.): 304.92
- Sidewalks: Yes
- Lot Features: Level, Many Trees, Sprinklers Automatic, Trees Large Size, Trees Medium Size
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lady Bird Lake
- Water Front Desc.: Lake Front, Boat Ramp/Lift Access
- Lake Front: Yes
Financial Considerations
- For Sale/Rent/Lease: Lease
- Security Deposit: $3,500
- Owner Pays: Association Fees, Insurance, Taxes
- Tenant Pays: All Utilities, Electricity, Water
Disclosures and Reports
- Legal Description: UNT 512 MILAGO CONDOMINIUMS AMENDED PLUS .442 % INT IN COM AREA
- Disclosures/Reports: Familial Relation, Renters Insurance Required, See Remarks
- Property ID: 2030312600000
Listed by 3 Flowers Realty, LLC
Schools
Schools serving 54 Rainey St #512
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Mathews Elementary School 906 West Lynn Street, Austin, TX 78703 | PK-6 | 1.9 mi |
O Henry Middle School 2610 West 10th Street, Austin, TX 78703 | 6-8 | 2.8 mi |
Austin High School, Austin, TX 1715 West Cesar Chavez Street, Austin, TX 78703 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 54 Rainey St #512
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 4Total Baths
- Single Family
- Active
- Updated 14 hours ago
- 3Beds
- 3Total Baths
- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
54 Rainey Street #512, Austin, TX 78701 (MLS# 4666922) is a Condo property with 2 bedrooms and 2 full bathrooms. 54 Rainey Street #512 is currently listed for rent at $3,500 and was received on May 19, 2026. Want to learn more about 54 Rainey Street #512? Do you have questions about finding other real estate for sale or rent in Central Austin? You can browse all Central Austin rentals or contact a Coldwell Banker agent to request more information.