Last 24 Hours
$441,000
54 Rainey ST 1220, Austin, TX, 78701
1 Beds
1 Bath
748 Sq Ft
Condos / Townhouses
$2.54 / sqft
Built in 2005Highlights
Interior
Bedrooms 1
Bathrooms Full 1Exterior
Building Information
Land Information
About this property
The Milago is at the center of this major hub for the hike and bike trail, shopping, hip places to eat, yoga, and many waterfront sports are on steps outside your door. The Milago is considered one of the the premiere places to live on Rainey Street. This 1 bedroom looks directly over the waterfront and has one of the best South Views available in building. This condo features granite countertops, wood floors, and a private balcony overlooking the river.
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Rental Potential
Learn About the Market: Opportunity in Austin
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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
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Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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