$700,000
NAL Estimated Property Value54 Rainey ST 318, Austin, TX, 78701
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This unit is a must-see at Milago! Unbelievably large private balcony with a view of the skyline. Room on the balcony for dining table, outdoor sofa, and more. Fantastic layout with bonus space for dining room or study. Be sure to check out all the amenities- roof top pool (use north elevator to access), fitness room (2nd floor), club room (2nd floor), terrace with grill (3rd floor), wifi/reading room (1st floor) and the building has 24 hour concierge. Parking spots A78, 129 and storage unit 62.
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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.
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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