1 Bed, 1 Bath, 800 sq ft
54 Rainey St Unit PH14
Austin, TX 78701
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| Beds | Baths | Average SF |
|---|---|---|
| 1 Bedroom 1 Bedroom 1 Br | 1 Bath 1 Bath 1 Ba | 875 SF |
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
About This Property
Milago Penthouse Condo for Lease. Nestled on the banks of Lady Bird Lake with spectacular views, his Milago Penthouse floor plan is special in that the Den/Study/Flex Rm has lake and hill country views. Seven windows across the living and study areas. Watch the racing shells early in the morning on constant level Lady Bird Lake, see the paddle boarders in the afternoon, the sightseeing cruises in the evening and the magnificent bats at dusk. Step out the back door onto the trail for a run, a walk or a bike ride. It’s all here and accessible with no other buildings between you, Lady Bird Lake and downtown. Enjoy spectacular views from every room and enjoy a glass of wine by the window or on the balcony. Work out in the Fitness Center with trail and lake views. The Club Room on 2nd Level is available for community gatherings and private use at no charge. Milago is one of downtown Austin's best kept secrets and the only building directly on Lady Bird Lake / Hike-&-Bike Trail. Take pleasure in the natural surroundings while being just a short distance to all the best hotels, restaurants, and bars in the Historical Rainey Street District. Bldg Amenities include guest parking, a 1st floor WiFi lounge with access to the ground level patio adjacent to trail, 3rd level terrace with a grill and lounge area and the rooftop area w/pool, hot tub, outdoor grills, cabanas and a fire pit. Milago is the best value in all of Downtown Austin. Please note Milago's one time fees: $300 move-in fee + $500 elevator reservation deposit that is fully refunded if there is no damage to elevator.
54 Rainey St is a condo located in Travis County and the 78701 ZIP Code. This area is served by the Austin Independent School District attendance zone.
Condo Features
Dishwasher
Hardwood Floors
Microwave
Refrigerator
- Dishwasher
- Microwave
- Refrigerator
- Hardwood Floors
- Balcony
Milago Condominiums
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
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 CapitalBelow are rent ranges for similar nearby apartments
- Dishwasher
- Microwave
- Refrigerator
- Hardwood Floors
- Balcony
| 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 |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation options available in Austin include Downtown Station, located 0.6 mile from 54 Rainey St Unit PH14. 54 Rainey St Unit PH14 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 |
Time and distance from 54 Rainey St Unit PH14.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 14 min | 0.7 mi | |
| Walk: | 17 min | 0.9 mi | |
| Drive: | 3 min | 1.2 mi |
| 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 |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 3 min | 1.6 mi | |
| Drive: | 4 min | 2.6 mi | |
| Drive: | 5 min | 2.7 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 78 min | 65.2 mi | |
| Drive: | 107 min | 92.7 mi |
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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.