Date
Details
Price
Change
Source
8/22/2026
Listed
$509,000
—
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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$509,000
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Property Description
A rare opportunity to live on the Penthouse Floor at Milago, where elevated downtown living meets the tranquility of Lady Bird Lake. Set on the building's private top residential floor, this distinctive one-bedroom residence offers 10-foot ceilings, professionally designed walk-in closet, added security and an exceptional 165-square-foot double covered balcony with beautiful lake views-creating a seamless extension of the living space. The penthouse floor has just undergone a beautiful renovation of its common areas, adding a fresh, sophisticated arrival experience exclusive to this level. Throughout Milago, additional common spaces are also in the midst of an extensive renovation, bringing a new level of style and refinement to the building. Inside, fresh interior paint creates polished feel, while the kitchen features granite countertops, modern cabinetry and stainless steel appliances. Dining area offers generous space for entertaining, working from home or simply enjoying the luxury of extra room. Just above, escape to the rooftop pool and hot tub, where sweeping skyline views provide a spectacular backdrop for morning swims or evenings under the city lights. Residents also enjoy a private lounge, clubroom, conference space, fitness center and 24-hour concierge. Parking and Storage.
Full Property Details
Full Property Details for 54 Rainey St #PH20
General
- Price: $509,000
- HOA FEE: $661/month
- Taxes: $7,709 (2026)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 6916651
- Updated: 9/8/2026
- Added to Site: 40 day(s) ago
Interior
- Interior Features: Breakfast Bar, Granite Counters, High Ceilings, Main Level Primary
- Fireplace(s): None
- Appliances: Built-In Oven, Washer/Dryer Stacked, Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Disposal, Refrigerator
- Flooring: Carpet, Slate, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main: 1
Other Rooms
- Laundry: Laundry Closet, Stacked
Additional Information
- Shared Amenities: Concierge
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Spa Description: Community
- Security/Safety: Secured Garage/Parking, Key Card Entry
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: None, Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Assigned
Location
- Area: DT
- County: Travis
- Subdivision: Milago Condo Amd
- Driving Directions: From Cesar Chavez, turn south on Red River. Left on Davis at Hotel Van Zandt. Right on Rainey.
- Direction Faces: Southwest
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
- Assoc. Name: Milago
- Assoc. Fees Include: Common Area Maintenance, Insurance, Parking, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Other, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Masonry
- Roof: See Remarks
- Windows: Window Treatments
- Stories/Levels: 1
- Square Feet: 798
- Sq. Ft. Source: Public Records
- Living Area: 798 Sq. Ft.
- Year Built: 2005
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Lake, Panoramic, River
- Lot Features: Backs to Greenbelt/Park
- Fencing (Description): None
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
Financial Considerations
- Association Fee: $661
- Assoc Fee Freq.: Monthly
- Assessment Amount: $428,291
- Tax Amount: $7,709.97
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: UNT PH20 MILAGO CONDOMINIUMS AMENDED PLUS .303 % INT IN COM AREA
- Disclosures/Reports: Seller Disclosure
- Property ID: 2030314410000
- Lot Number: PH20
Listed by Christies Intl Real Estate Lone Star
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Listing agent
— 54 Rainey St #PH20 —
Christies Intl Real Estate Lone Star
(512) 663-8881
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Schools
Schools serving 54 Rainey St #PH20
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 & Sales History for 54 Rainey St #PH20
Tax History
Tax History for 54 Rainey St #PH20
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,783
—
$428,291
-13%
2024
$9,783
-9%
$493,638
-14%
2022
$10,752
—
$575,723
6%
2022
$10,752
15%
$544,441
12%
2021
$9,364
-8%
$487,919
6%
2020
$10,208
4%
$458,431
—
2020
$9,833
-2%
$458,431
5%
2019
$10,070
14%
$438,017
3%
2016
$8,818
-7%
$424,378
7%
2017
$9,464
2%
$395,387
-2%
2015
$9,277
9%
$404,018
13%
2014
$8,478
5%
$356,255
9%
2013
$8,037
—
$326,298
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 54 Rainey St #PH20
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- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
54 Rainey Street #PH20, Austin, TX 78701 (MLS# 6916651) is a Condo property with 1 bedroom and 1 full bathroom. 54 Rainey Street #PH20 is currently listed for $509,000 and was received on August 22, 2026. Want to learn more about 54 Rainey Street #PH20? Do you have questions about finding other Condo real estate for sale in Central Austin? You can browse all Central Austin real estate or contact a Coldwell Banker agent to request more information.