Condos Texas Travis County Austin Texas Capital

$2,395 / Month

54 Rainey St Unit 703

Austin, TX 78701

512-633-7015

Bedrooms

1
Bathrooms

1
Square Feet

865 sq ft
Available

Available Sep 17

Highlights

Concierge
Lake Front
Fitness Center
Building Security
Rooftop Deck
Spa

54 Rainey St Unit 703

About This Home

Available Sep 17

Milago Condo #703 is a beautiful gem! 865 sq ft, 1 bedroom, 1 bath, study, plus abundant storage. This unique condo has extensive updates such as the added storage cabinets, recent wood flooring and a counter height granite breakfast bar. Building amenities include a 2nd floor fitness center and party room, pool/spa/bbq grills on the roof and the 1st floor lounge connected to an outdoor patio in the back facing the lake. The condo is close to the elevators and the parking space is conveniently located near the garage elevator. You will love living on Lady Bird Lake and the Trail while enjoying the multiple restaurants and music venues all along the Rainey Street Historical District. MLS ID 4364272

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

1 Main Level Bedroom 1 Full Bathroom

Flooring

Wood Tile

Home Design

Brick Exterior Construction Built-Up Roof Stucco Pillar, Post or Pier Foundation

Home Security

Closed Circuit Camera Fire and Smoke Detector Fire Sprinkler System

Interior Spaces

1-Story Property Bookcases 865 Sq Ft Home

Kitchen

Breakfast Bar Range Oven Microwave Dishwasher Disposal

Laundry

Stacked Washer and Dryer

Listing and Financial Details

Security Deposit $2,395 12 Month Lease Term $100 Application Fee Assessor Parcel Number 02030312970000 Tenant pays for all utilities, internet The owner pays for association fees

Lot Details

Lake Front 218 Sq Ft Lot Mature Trees East Facing Home Level Lot

Parking

Gated Parking 1 Car Attached Garage Secured Garage or Parking Community Parking Structure Assigned Parking Parking Permit Required

Pool

Spa

Schools

Mathews Elementary School O Henry Middle School Austin High School

Utilities

Central Air Cable TV Available Electric Water Heater

Community Details

Amenities

Concierge Rooftop Deck Meeting Room Lounge Sundeck Bike Room Community Barbecue Grill Courtyard Package Room Common Area Community Mailbox Recycling

Overview

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

Recreation

Fitness Center Community Pool Park Trails

Security

Building Security Gated Community 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 Joanne Flynn | Brauman Realty, Inc
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 © 2026.

Location Get Directions

Schools Restaurants Groceries Coffee Banks Shops Fitness

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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

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 703 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 703. 54 Rainey St Unit 703 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

Busy

Soundscore^™

67 / 100

Traffic

Busy

Airport

Calm

Businesses

Active

Scores provided by

HowLoud

Points of Interest

Time and distance from 54 Rainey St Unit 703.

Shopping Centers			Distance
Shopping Centers			Distance
715 5th St E	Walk:	13 min	0.7 mi
Saltillo	Walk:	13 min	0.7 mi
805 & 809 E 6th St	Walk:	14 min	0.7 mi

54 Rainey St Unit 703 has 3 shopping centers within 0.7 mile, which is about a 14-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 703 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 703 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