Which floor plans are available, and what are the price ranges?

54 Rainey St Austin, TX 78701 has one bedroom available and rents for $2,300/mo.

Can I see a model or tour available condos at 54 Rainey St Austin, TX 78701?

Yes, to view the floor plan in person, please schedule a personal tour.

What neighborhood is the property located in?

54 Rainey St Austin, TX 78701 is in Texas Capital in the city of Austin. Here you’ll find three shopping centers within 1.2 miles of the property. Five parks are within 3.2 miles, including Lady Bird Lake, Umlauf Sculpture Garden and Museum, and Blunn Creek Nature Preserve.

Condos Texas Travis County Austin Texas Capital 54 Rainey St Unit 503

$2,300 / Month

54 Rainey St Unit 503

Austin, TX 78701

Today

512-900-0724

Bedrooms

1
Bathrooms

1
Square Feet

865 sq ft
Available

Available Now

Highlights

Concierge
Lake Front
Roof Top Pool
Fitness Center
24-Hour Security
In Ground Spa

54 Rainey St Unit 503

About This Home

Available Now

PRICED TO LEASE! LIVE, WORK, PLAY! Fabulous 1 bedroom condo with an office/den and partial Lady Bird Lake view in the highly sought-after Milago Condominiums. All the things you would expect in a luxury condo - granite countertops, wood floors and stainless steel appliances. Convenient 24/7 concierge, WIFI lounge, clubroom, fitness center, rooftop pool and BBQ area, reserved parking and a grocery store across the street. Plenty of places to entertain friends and family with many restaurants and bars along Rainey St or go for a stroll, run or bike with your four-legged friend on the hike and bike trail. Many upgrades/updates completed (see documents for complete list).

54 Rainey St is a condo located in Travis County and the 78701 ZIP Code.

* Price shown is base rent and may not include non-optional fees and utilities. Price, availability, fees, and any applicable rent special are subject to change without notice.

* Square footage definitions vary. Displayed square footage is approximate.

Home Details

Home Type

Condominium

Year Built

Built in 2005

Accessible Home Design

No Interior Steps

Bedrooms and Bathrooms

1 Primary Bedroom on Main Walk-In Closet 1 Full Bathroom

Eco-Friendly Details

Sustainability products and practices used to construct the property include onsite recycling center

Flooring

Wood Tile

Home Design

Brick Exterior Construction Masonry Siding Asphalt Roof

Home Security

Home Security System Smart Thermostat Carbon Monoxide Detectors Fire and Smoke Detector Fire Sprinkler System

Interior Spaces

Open Floorplan Bonus Room High Ceiling Living Room 1-Story Property Track Lighting Ceiling Fan Bookcases 865 Sq Ft Home Window Treatments

Kitchen

Granite Countertops Breakfast Area or Nook Open to Family Room Free-Standing Electric Range Breakfast Bar Microwave Dishwasher Disposal Plumbed For Ice Maker

Laundry

Stacked Washer and Dryer

Listing and Financial Details

Security Deposit $2,300 $75 Application Fee Assessor Parcel Number 02030312510000 Tenant pays for all utilities The owner pays for association fees, taxes

Lot Details

Lake Front 218 Sq Ft Lot Wooded Lot East Facing Home Sprinkler System

Outdoor Features

Outdoor Gas Grill

Parking

1 Car Attached Garage Community Parking Structure Assigned Parking

Pool

Roof Top Pool In Ground Spa

Schools

Mathews Elementary School O Henry Middle School Austin High School

Utilities

Central Heating and Cooling System High Speed Internet

Views

City Views

Community Details

Amenities

Concierge Clubhouse Business Center Meeting Room Lounge Sundeck Service Elevator Community Barbecue Grill Package Room Common Area Community Mailbox

Overview

Community Lake 503 Units Property has a Home Owners Association Built by Fairfield Milago Condo Amd Subdivision

Recreation

Fitness Center Community Pool Park Trails Dog Park

Security

24-Hour Security Card or Code Access Resident Manager or Management On Site

Milago Condominiums

240 Units 13 Stories Built in 2005 339,418 Sq Ft

Milago Condominiums, designed by WDG, stands as a 13-story residential building completed in 2005. Located in the vibrant Rainey Street Historic District of Austin, this building offers 240 units that blend modern design with the lively atmosphere of downtown. The building's architecture features a mix of curved and angular facades, combining brick and stucco exteriors, which complement the dynamic surroundings. Milago provides a unique opportunity to experience urban living with direct access to Lady Bird Lake and the Ann and Roy Butler Hike-and-Bike Trail.

Learn more about Milago Condominiums

Contact

Listed by Joe LeDonne | Keller Williams Realty
Phone Number
Contact
Source

Austin Board of REALTORS®

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. ABoR, ACTRIS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law. Copyright © 2025.

Location Get Directions

Schools Restaurants Groceries Coffee Banks Shops Fitness

Amenities

Dishwasher
Disposal

Microwave
Refrigerator

Hardwood Floors
Tile Floors

Pool

Neighborhood

The stunning Texas Capitol towers over the landscape of Downtown Austin, quite possibly the hottest neighborhood in one of America’s favorite cities. Austin’s truly legendary nightlife scene is certainly not restricted to the famous 6th Street, although this particular Downtown thoroughfare definitely has its share of noteworthy watering holes. Live music is an integral element of the city, and nowhere is this more apparent than Downtown, where stages and venues of every description kick out a variety of tunes every night of the week. And of course, living in Downtown Austin comes with the benefit of one of America’s best selections of food, from exceptional local favorites like barbecue and Tex-Mex to eclectic food trucks and exotic international fare.

From a more practical standpoint, living in Downtown Austin puts you right at the heart of the city’s thriving business and government centers, meaning that many locals live near enough to walk or bike to work.

Learn more about living in Texas Capital

Education

Colleges & Universities			Distance
Colleges & Universities			Distance
University of Texas at Austin	Drive:	5 min	2.3 mi
Austin C.C., Rio Grande Campus	Drive:	5 min	2.6 mi
Austin C.C., Eastview Campus	Drive:	6 min	2.9 mi
St. Edward's University	Drive:	6 min	3.0 mi

54 Rainey St Unit 503 is within 5 minutes or 2.6 miles from Austin C.C., Rio Grande Campus. It is also near University of Texas at Austin and Austin C.C., Eastview Campus.

Transportation

Transportation options available in Austin include Downtown Station, located 0.6 mile from 54 Rainey St Unit 503. 54 Rainey St Unit 503 is near Austin-Bergstrom International, located 11.7 miles or 22 minutes away.

Transit / Subway			Distance
Transit / Subway			Distance
Downtown Station	Walk:	10 min	0.6 mi
Plaza Saltillo Station	Drive:	3 min	1.2 mi
M L King Jr Station	Drive:	6 min	3.2 mi
Highland Station	Drive:	8 min	5.5 mi
Crestview Station	Drive:	11 min	6.5 mi

Commuter Rail			Distance
Commuter Rail			Distance
Austin	Drive:	6 min	1.7 mi
San Marcos Amtrak	Drive:	36 min	30.3 mi
Taylor Amtrak	Drive:	45 min	36.5 mi

Airports			Distance
Airports			Distance
Austin-Bergstrom International	Drive:	22 min	11.7 mi

Very Walkable

Walk Score^®

Out of 100

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

Good Transit

Transit Score^®

Out of 100

The area around this property has good transit with many nearby transportation options.

Biker's Paradise

Bike Score^®

Out of 100

Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.

Soundscore^™

Out of 100

Traffic:

Airport:

Businesses:

Score provided by

Scores provided by and

Score provided by

Points of Interest

Time and distance from 54 Rainey St Unit 503.

Shopping Centers			Distance
Shopping Centers			Distance
805 & 809 E 6th St	Walk:	14 min	0.7 mi
6th & Congress	Walk:	17 min	0.9 mi
Pecan Business Square	Drive:	3 min	1.2 mi

54 Rainey St Unit 503 has 3 shopping centers within 1.2 miles, which is about a 3-minute walk. The miles and minutes will be for the farthest away property.

Parks and Recreation			Distance
Parks and Recreation			Distance
Lady Bird Lake	Drive:	3 min	1.6 mi
Umlauf Sculpture Garden and Museum	Drive:	7 min	2.5 mi
Blunn Creek Nature Preserve	Drive:	4 min	2.5 mi
Zilker Botanical Garden	Drive:	7 min	2.9 mi
Boggy Creek Greenbelt	Drive:	6 min	3.2 mi

54 Rainey St Unit 503 has 5 parks within 3.2 miles, including Lady Bird Lake, Umlauf Sculpture Garden and Museum, and Blunn Creek Nature Preserve.

Hospitals			Distance
Hospitals			Distance
Dell Seton Medical Center at The University of Texas	Drive:	3 min	1.6 mi
Austin Lakes Hospital	Drive:	4 min	2.6 mi
St. David's Medical Center	Drive:	5 min	2.7 mi

54 Rainey St Unit 503 has 3 hospitals within 2.7 miles, the nearest is Dell Seton Medical Center at The University of Texas which is 1.6 miles away and a 3 minute drive.

Military Bases			Distance
Military Bases			Distance
Randolph Air Force Base	Drive:	78 min	65.2 mi
Camp Bullis Military Training Reservation	Drive:	107 min	92.7 mi

54 Rainey St Unit 503 is 65.2 miles from Randolph Air Force Base, and is convenient to other military bases, including Camp Bullis Military Training Reservation.