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$640,000
NAL Estimated Property Value54 Rainey ST 507, Austin, TX, 78701
2 Beds
2 Bath
1,164 Sq Ft
Condos / Townhouses
$399.48 / sqft
Built in 2005Property Lead Type:
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Interior
Bedrooms 2
Bathrooms Full 2Exterior
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About this property
Gorgeous 2-bedroom unit on the 5th Floor, street side of the Milago Building is ready for new owners! Great floor plan with two large bedroom suites separated by a large, light-filled kitchen/dining/living area. Lovingly maintained. Fantastic location in the exciting Rainey Street District. You are just a few steps from everything great that Austin has to offer -- Town Lake Trail, Rainey Street entertainment district; or all the many venues downtown. So walkable, come home to the Milago you will love it!Restrictions: Yes
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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.
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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
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2,269 units
City: Austin
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