54 Rainey Street Ph20, Austin, TX

$509,000

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1

Bed

1

Bath

798

Square feet

About 54 Rainey Street Ph20

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.

Features of 54 Rainey Street Ph20

MLS® # 6916651
Price $509,000
Bedrooms 1
Bathrooms 1
Full Baths 1
Square Footage 798
Acres 0.00
Year Built 2005
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 54 Rainey Street Ph20
Area DT
Subdivision Milago Condo Amd
City Austin
County Travis
State TX
Zip Code 78701

Amenities

Amenities Concierge
Utilities Electricity Available, Other, Sewer Available, Water Available
Features Barbecue, Fitness Center, Gated, Property Manager On-Site, Pool, Trails/Paths, Bicycle Storage, Business Center, Concierge, Package Service
Parking Assigned
Garage Spaces 1
View Lake, Panoramic, River
Is Waterfront Yes
Waterfront Lake Front
Has Pool No

Interior

Interior Carpet, Wood, Slate
Interior Features Breakfast Bar, Granite Counters, High Ceilings, Main Level Primary
Appliances Built-In Oven, Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Disposal, Refrigerator, Washer/Dryer Stacked
Heating Central
Fireplace No
Fireplaces None
# of Stories 1
Stories One

Exterior

Exterior Features Balcony
Lot Description Backs to Greenbelt/Park
Roof See Remarks
Construction Masonry
Foundation Slab

School Information

District Austin ISD
Elementary Mathews
Middle O Henry
High Austin

Additional Information

Date Listed August 22nd, 2026
Days on Market 1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeChristies Intl Real Estate Lone Star
Contact Info(512) 663-8881

Listing Map

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