$756,000
NAL Estimated Property Value54 Rainey St Apt 501, Austin, TX, 78701
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About this property
A rare opportunity to live in the highly sought-after Milago Condominiums, perfectly situated along the serene shores of Lady Bird Lake. This elegant 2-bedroom, 2-bathroom residence offers a seamless blend of comfort and modern convenience. Step inside to find a thoughtfully designed space that will be freshly repainted before move-in, ensuring a pristine and inviting atmosphere. The unit features Google Fiber connectivity, a fairly-new HVAC system, refrigerator, and microwave, as well as a washer and dryer for ultimate convenience. The second bedroom is enhanced with a Murphy bed, while the primary suite boasts a custom-built closet, maximizing both style and functionality. Enjoy breathtaking tree-lined and lake views from the spacious private balcony, offering a tranquil retreat in the heart of the city. Parking is effortless with two dedicated spaces, ensuring convenience and peace of mind. The Milago offers an array of premium amenities, including a rooftop pool with panoramic views, a state-of-the-art fitness center, and 24/7 concierge service. Just steps from the vibrant hike-and-bike trail, this prime location allows you to immerse yourself in the best of downtown Austin—renowned dining, nightlife, and entertainment all just moments away. Available for move-in starting March 1. Don't miss the chance to call this exceptional condo home!
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Learn About the Market: Opportunity in Austin




Explore
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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