




$610,000
54 Rainey ST 513, Austin, TX, 78701
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*Least expensive 2-bedroom in the building!* Amazing value in this 2 bed/2 bath condo on Rainey ST Downtown! This unit boasts a great layout: primary bedroom features a large ensuite bathroom + walk in closet; kitchen, dining, and living room are all open to each other which creates a spacious feel and provides flexibility in how you use the space; secondary bedroom with it's own full bathroom, plus a covered patio to boot! Efficient use of space with plenty of storage. Great amenities including roof top pool and hot tub, workout room, party space and multiple indoor/outdoor lounge areas. Incredible location on the south end of Rainey Street, just steps from the Hike & Bike Trail. Easy access to all the action on Rainey, the East Side and Downtown, multiple restaurants and shops including Royal Blue Grocery directly across the street! Assigned parking spaces are A68 and A60.
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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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