Condos Texas Travis County Austin Texas Capital

$3,500 / Month

54 Rainey St Unit 512

Austin, TX 78701

512-797-5122

Bedrooms

2
Bathrooms

2
Square Feet

1,164 sq ft
Available

Available Jun 8

Highlights

Lake Front
Boat Ramp
Fitness Center
Above Ground Pool
Above Ground Spa
Gated Community

54 Rainey St Unit 512

About This Home

Available Jun 8

Inviting west-facing two-bedroom residence at the highly sought-after Milago Condominiums, ideally positioned alongside the renowned Lady Bird Lake. This light-filled home offers captivating lake views and a spacious open-concept layout featuring two bedrooms and two full bathrooms. The modern kitchen is equipped with granite countertops, stainless steel appliances, ample cabinetry, and generous storage throughout. Additional highlights include wood flooring throughout, custom window treatments, a private balcony, in-unit washer and dryer, and walk-in closets. The primary suite features a spa-inspired bathroom with a glass-enclosed shower and separate soaking tub. Residents of Milago enjoy an exceptional collection of amenities, including: Full-time front desk and concierge staff Expansive fitness center Bike storage Club room for social and private events Lakeside reading room Rooftop pool, hot tub, and gas grilling area Enjoy unparalleled access to Lady Bird Lake, the hike-and-bike trail, and the vibrant downtown lifestyle. Please note: Broker has a familial relationship with the owner. MLS ID 4666922

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

Bedrooms and Bathrooms

2 Main Level Bedrooms Walk-In Closet 2 Full Bathrooms

Flooring

Wood Tile

Home Design

Masonry Siding Pillar, Post or Pier Foundation

Home Security

Security System Leased Fire and Smoke Detector

Interior Spaces

1-Story Property Track Lighting 1,164 Sq Ft Home Window Treatments

Kitchen

Electric Range Breakfast Bar Oven Free-Standing Range Microwave Dishwasher Disposal

Laundry

Laundry closet

Listing and Financial Details

Security Deposit $3,500 12 Month Lease Term $40 Application Fee Assessor Parcel Number 02030312600000 Tenant pays for all utilities, electricity, water The owner pays for association fees, insurance, taxes

Lot Details

Lake Front 305 Sq Ft Lot Mature Trees Wooded Lot West Facing Home Many Trees Level Lot Sprinkler System

Outdoor Features

Boat Ramp Covered Patio or Porch

Parking

2 Car Attached Garage Garage Door Opener Reserved Parking

Pool

Above Ground Pool Above Ground Spa

Schools

Mathews Elementary School O Henry Middle School Austin High School

Utilities

Central Heating and Cooling System

Views

River Lake City Hills

Community Details

Amenities

Game Room Common Area

Overview

Community Lake 240 Units Property has a Home Owners Association Milago Condo Amd Subdivision

Recreation

Fitness Center Community Pool Community Playground Park Trails

Security

Gated Community

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 Annahita Anami Hardeman | 3 Flowers Realty, LLC
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 © 2026.

Location Get Directions

Schools Restaurants Groceries Coffee Banks Shops Fitness

| Edit

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

Amenities

Dishwasher
Disposal

Microwave
Refrigerator

Hardwood Floors
Tile Floors

Pool

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 512 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 512. 54 Rainey St Unit 512 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

Getting Around

Very Walkable

Walkability

80 / 100

Some Public Transit

Transit

50 / 100

Moderately Drivable

Drivability

70 / 100

Very Bikeable

Bikeability

80 / 100

Scores provided by

Soundscore^™

- / 100

Traffic

Airport

Businesses

Scores provided by

HowLoud

Points of Interest

Time and distance from 54 Rainey St Unit 512.

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 512 has 3 shopping centers within 1.2 miles, which is about a 3-minute drive. 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 512 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 512 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
Fort Hood	Drive:	91 min	74.4 mi
Camp Bullis Military Training Reservation	Drive:	107 min	92.7 mi