54 Rainey Street 706, Austin, TX

$550,000

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2

Beds

2

Baths

1,341

Square feet

0.01

Acres

About 54 Rainey Street 706

Located in the heart of the vibrant Rainey Street District, this exceptional residence at 54 Rainey offers one of the most breathtaking and unobstructed views in all of Austin. Unit 706 features two spacious bedrooms, two full bathrooms, a dedicated office, and an expansive open living area perfectly positioned to capture sweeping panoramic views of Lady Bird Lake and the downtown Austin skyline from nearly every angle. Floor-to-ceiling glass fills the home with natural light and creates a truly unmatched urban living experience. Residents at 54 Rainey enjoy resort-style amenities including a stunning rooftop pool and lounge deck overlooking the city, state-of-the-art fitness center, yoga studio, dog park, concierge services, outdoor grilling and entertaining spaces, co-working areas, and beautifully designed resident lounges. Just steps from Austin’s top restaurants, nightlife, hike and bike trails, and waterfront activities, this is luxury downtown living at its finest. Priced aggressively at just $550,000 and ready to sell. Seller financing may also be available for qualified buyers with as little as 0% down.

Features of 54 Rainey Street 706

MLS® # 7656455
Price $550,000
Bedrooms 2
Bathrooms 2
Full Baths 2
Square Footage 1,341
Acres 0.01
Year Built 2005
Type Residential
Sub-Type Condominium
Status Pending

Community Information

Address 54 Rainey Street 706
Area DT
Subdivision Milago Condo Amd
City Austin
County Travis
State TX
Zip Code 78701

Amenities

Utilities See Remarks
Features Fitness Center, Park, Pool, See Remarks
Parking Assigned, Garage, See Remarks
Garage Spaces 2.00
View City Lights, City, Lake, River
Is Waterfront Yes
Waterfront Waterfront
Has Pool No

Interior

Interior Tile, Wood
Interior Features Bookcases, Built-in Features, Ceiling Fan(s), Chandelier, Granite Counters, Main Level Primary, Pantry, Stone Counters, See Remarks, Bar, Walk-In Closet(s)
Appliances Dryer, Dishwasher, Electric Range, Microwave, Oven, Range, Refrigerator, Wine Cooler, Wine Refrigerator, Washer
Heating Central
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Balcony, See Remarks
Lot Description City Lot, Near Public Transit, See Remarks
Roof Flat Tile
Construction Masonry
Foundation Slab

School Information

District Austin ISD
Elementary Mathews
Middle O Henry
High Austin

Additional Information

Date Listed May 11th, 2026
Days on Market 135
Foreclosure No
Short Sale No
RE / Bank Owned Yes

Listing Details

OfficeSpyglass Realty
Contact Info(512) 554-7461

Listing Map

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