54 Rainey ST #PH20 Austin, TX 78701 Open Sun 1PM-3PM

UPDATED: 10/12/2026 03:26 PM ON MARKET: 53 days on market

$509,000

1 Bed1 Bath798 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 798 sqft

Price per Sqft $637

Subdivision Milago Condo Amd

MLS Listing ID 6916651

Style Tower (14+ Stories)

Bedrooms 1

Full Baths 1

HOA Fees $661/mo

HOA Y/N Yes

Year Built 2005

Annual Tax Amount $7,709

Tax Year 2026

Property Sub-Type Condominium

Source actris

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.

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 10/14/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Data last updated: 10/14/2026 22:04