$3,250 / Month

54 Rainey St Unit 509

,

Austin, TX 78701

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512-940-7368
  • Bedrooms

    2

  • Bathrooms

    2

  • Square Feet

    1,164 sq ft

  • Available

    Available Jan 1, 2026

Highlights

  • Concierge
  • Roof Top Pool
  • Fitness Center
  • Spa
  • Electric Gate
  • Two Primary Bedrooms
54 Rainey St Unit 509
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About This Home

Available Jan 1, 2026

360 Degree Views of Lake, DT, Hills on Rooftop Pool & Steps to Ladybird Lake & Hike & Bike Trail w Ladybird Lake access. This unit recently renovated, designer interiors, new floors & paint offers 24 HR Concierge, secure parking, extra amenities, rooftop hot tub, fully equipped lakefront/trail fitness center and patio, club room, WiFi lounge, 3rd floor community terrace w/grill and patio seating . Unit has multiple upgrades, w no carpet, glass tile backsplash and column, recess lighting, fluted and dental moldings, faux finishes, designer frosted W/D sliding doors. Sq./Ft. w Balcony 1189 sq./ft Owner/Agent TX#569615

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

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. 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

Double Master Bedroom Two Primary Bathrooms Dual Closets Double Vanity Walk-In Closet 2 Main Level Bedrooms 2 Full Bathrooms

Flooring

Wood Tile

Home Security

Fire and Smoke Detector Fire Sprinkler System Fire Escape

Interior Spaces

High Ceiling Coffered Ceiling Built-In Features Crown Molding 1-Story Property Chandelier Ceiling Fan 1,164 Sq Ft Home

Kitchen

Granite Countertops Electric Range ENERGY STAR Qualified Dishwasher ENERGY STAR Qualified Refrigerator Kitchen Island Microwave Self-Cleaning Oven Disposal

Laundry

Washer and Dryer

Listing and Financial Details

Security Deposit $2,000 $49 Application Fee Assessor Parcel Number 02030312570000 Tenant pays for all utilities, cable TV, electricity, internet, water The owner pays for all utilities, cable TV, internet, water

Lot Details

292 Sq Ft Lot East Facing Home

Outdoor Features

Balcony Exterior Lighting

Parking

Electric Gate Secured Garage or Parking 1 Car Garage Community Parking Structure Front Facing Garage Assigned Parking Additional Parking Off-Street Parking

Pool

Roof Top Pool In Ground Pool Spa

Schools

Mathews Elementary School O Henry Middle School Austin High School

Utilities

Central Air High Speed Internet Electric Water Heater

Community Details

Amenities

Concierge Clubhouse Lounge Sundeck Service Elevator Bike Room Community Barbecue Grill Courtyard Package Room Common Area Community Mailbox

Overview

Community Lake Lock-and-Leave Community 295 Units Milago Condo Amd Subdivision

Pet Policy

Dogs Allowed Breed Restrictions Limit on the number of pets Pet Size Limit Medium pets allowed Pet Deposit $300

Recreation

Fitness Center Community Pool Park Trails

Security

Gated Community Card or Code Access Resident Manager or Management On Site

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

  • Dogs
    • Allowed

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

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 Scott Dugas | Central Metro Realty
  • Phone Number
  • Website View Property Website
  • 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.
Amenities
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Hardwood Floors
  • Tile Floors
  • Balcony
  • 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
Drive: 5 min 2.3 mi
Drive: 5 min 2.6 mi
Drive: 6 min 2.9 mi
Drive: 6 min 3.0 mi
54 Rainey St Unit 509 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 509. 54 Rainey St Unit 509 is near Austin-Bergstrom International, located 11.7 miles or 22 minutes away.

Transit / Subway Distance
Transit / Subway Distance
Walk: 10 min 0.6 mi
Drive: 3 min 1.2 mi
Drive: 6 min 3.2 mi
Drive: 8 min 5.5 mi
Drive: 11 min 6.5 mi
Commuter Rail Distance
Commuter Rail Distance
Drive: 6 min 1.7 mi
Drive: 36 min 30.3 mi
Drive: 45 min 36.5 mi
Airports Distance
Airports Distance
Austin-Bergstrom International
Drive: 22 min 11.7 mi
Very Walkable
88
Walk Score®
Out of 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
60
Transit Score®
Out of 100
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
91
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.
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-
Soundscore
Out of 100

Traffic:

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Airport:

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Businesses:

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Points of Interest

Time and distance from 54 Rainey St Unit 509.

Shopping Centers Distance
Shopping Centers Distance
Walk: 14 min 0.7 mi
Walk: 17 min 0.9 mi
Drive: 3 min 1.2 mi
54 Rainey St Unit 509 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 509 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
Drive: 3 min 1.6 mi
Drive: 4 min 2.6 mi
Drive: 5 min 2.7 mi
54 Rainey St Unit 509 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
Drive: 78 min 65.2 mi
Drive: 107 min 92.7 mi
54 Rainey St Unit 509 is 65.2 miles from Randolph Air Force Base, and is convenient to other military bases, including Camp Bullis Military Training Reservation.

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