Betty Epperson of Epperson Realty Group - 512-630-7290

MLS: 5853750     $999,000
3 Bedrooms with 3 Baths

MLS: 5853750 Condo For Sale
54 RAINEY ST 1018
AUSTIN TX 78701

MLS:  5853750
Status:  ACTIVE
List Price:  $999,000
Price per SQFT:  $511
Square Footage:  1956

3 Bedrooms
3 Baths
Year Built:  2006
Zip Code:  78701

 

Listing Remarks

Ideally situated on a high floor of the Milago, this expansive 1,956 SF corner residence offers unobstructed views of the Austin skyline and Lady Bird Lake. With a flexible layout featuring three bedrooms (or two with home office or study) this home is thoughtfully designed for both comfort and sophistication. The open-concept living and dining areas flow into the kitchen with generous counter space, stainless steel appliances, and a large pantry. The primary suite is a true retreat, complete with a walk-in closet, private balcony, and a spacious spa-like bath featuring a soaking tub, glass-enclosed shower, dual vanity, and great storage. The second bedroom includes its own en-suite bath, providing comfort and privacy for guests. Additional features include two reserved parking spaces and a private storage unit. Perhaps one of the best secrets in town, The Milago is located on the quiet end of Rainey Street with direct access to the Hike & Bike Trail while being steps away from restaurants, bars, and entertainment, offering a rare balance of lakeside calm and downtown connectivity. The building's full-service amenities include a 24-hour concierge, rooftop pool and spa, fitness center, business center, third-floor terrace with BBQ and seating, and secure bike storage.

Address: 54 RAINEY ST 1018 AUSTIN TX 78701

Listing Courtesy of URBANSPACE

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Condo Mania Agent

Featured Real Estate Agent Betty Epperson

Betty Epperson

Epperson Realty Group
Broker/Owner
Real Estate Agent
TREC # 474240
Phone: 512-630-7290

Contact Betty Epperson

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Listing Photos

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Listing Details

STATUS:Active
SPECIAL LISTING CONDITIONS:Standard
LISTING CONTRACT DATE:2025-07-09
BEDROOMS:3
BATHROOMS FULL:2
BATHROOMS HALF:1
LIVING AREA SQ FT:1956
YEAR BUILT:2006
HOA/MGMT CO:Milago Condominium
HOA FEES FREQUENCY:Monthly
HOA FEES:$1,511
HOA INCLUDES:CommonAreaMaintenance, MaintenanceGrounds, MaintenanceStructure, Parking, Security
HOA AMENITIES:Concierge
APPLIANCES INCLUDED:BuiltInElectricOven, BuiltInElectricRange, BuiltInRange, WasherDryerStacked, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Refrigerator
CONSTRUCTION:Brick, Stone, Stucco
COMMUNITY FEATURES:Barbecue, BusinessCenter, BarLounge, BicycleStorage, Concierge, CommonGroundsArea, CommunityMailbox, ConferenceMeetingRoom, Curbs, DeckPorch, FitnessCenter, Gated, Lake, PackageService, Park, PropertyManagerOnSite, Pool, RooftopLounge, StorageFacilities, StreetLights, TrailsPaths
EXTERIOR FEATURES:Balcony
FLOORING:Tile, Wood
HEATING:Central, Electric
INTERIOR FEATURES:BreakfastBar, CeilingFans, DoubleVanity, HighCeilings, MainLevelPrimary, OpenFloorplan, QuartzCounters, Storage, WalkInClosets
LAUNDRY FEATURES:LaundryCloset, InHall, WasherHookup, DryerHookup, Stacked
LEGAL DESCRIPTION:UNT 1018 MILAGO CONDOMINIUMS AMENDED PLUS . 742 % INT IN COM AREA
LOT FEATURES:Landscaped, Level, ManyTrees, Views
# GARAGE SPACES:2
PARKING FEATURES:Assigned, Garage, Gated, Guest
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Condominium
ROOF:BuiltUp
POOL FEATURES:SeeRemarks, Community
SPA FEATURES:Community
DIRECTION FACES:Northwest
VIEW:City, Hills, Lake
LISTING AGENT:KAREN PRAGER
LISTING OFFICE:URBANSPACE
LISTING CONTACT:(512) 457-8884

Estimated Monthly Payments

List Price:$999,000
20% Down Payment:$199,800
Loan Amount:$799,200
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$5,051

Estimate does not include taxes, fees, insurance.

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Property Location: 54 RAINEY ST 1018 AUSTIN TX 78701


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Condo Mania Agent

Featured Real Estate Agent Betty Epperson

Betty Epperson

Epperson Realty Group
Broker/Owner
Real Estate Agent
TREC # 474240
Phone: 512-630-7290

Contact Betty Epperson

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Last Updated: 2025-09-13