BEDS2
BATHS2 full
SQUARE FEET1,341
MLS#7656455
STATUS(Bank Owned) - Pending
PROPERTY TYPEResidential - Condominium
SUBDIVISIONMilago Condo
SCHOOLAustin ISD
Property Description
Located in the heart of the vibrant Rainey Street District, this exceptional residence at 54 Rainey offers one of the most breathtaking and unobstructed views in all of Austin. Unit 706 features two spacious bedrooms, two full bathrooms, a dedicated office, and an expansive open living area perfectly positioned to capture sweeping panoramic views of Lady Bird Lake and the downtown Austin skyline from nearly every angle. Floor-to-ceiling glass fills the home with natural light and creates a truly unmatched urban living experience.Residents at 54 Rainey enjoy resort-style amenities including a stunning rooftop pool and lounge deck overlooking the city, state-of-the-art fitness center, yoga studio, dog park, concierge services, outdoor grilling and entertaining spaces, co-working areas, and beautifully designed resident lounges. Just steps from Austins top restaurants, nightlife, hike and bike trails, and waterfront activities, this is luxury downtown living at its finest.Priced aggressively at just $550,000 and ready to sell. Seller financing may also be available for qualified buyers with as little as 0% down.
Property Features
Property Type: Residential - Condominium
Cooling: Central Air
Garage: 2
Heating: Central
Lot Size: 0.01 Acres
Roof Type: Flat Tile
Stories: 1.0
Taxes: $16,394
Year Built: 2005
Amenities
See Remarks
Bar
Bookcases
Built-in Features
Ceiling Fan(s)
Chandelier
Granite Counters
Stone Counters
Pantry
Primary Bedroom on Main
Walk-In Closet(s)
Balcony
See Remarks
Feature Descriptions
Accessibility: See Remarks
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Oven, Range, Refrigerator, Washer, Washer/Dryer, Wine Cooler, Wine Refrigerator
Area #: DT
Body of Water: Lady Bird Lake
Community Features: See Remarks, Fitness Center, Park, Pool
Days on Site: 5
Exterior: Masonry ??? All Sides
Flood Plain: No
Flooring: Tile, Wood
HOA Fee: $965/ Monthly
Lot: City Lot, Near Public Transit, See Remarks
Parcel#: 02030313010000
Parking: Assigned, Garage, See Remarks
Parking Notes: Assigned, Garage, See Remarks
Patio/Porch: Covered, Terrace, See Remarks
Pool: See Remarks
Restrictions: Deed Restrictions
Security: See Remarks, Smoke Detector(s)
Sewer: Public Sewer
Special View Info: City, City Lights, Downtown, Lake, River, Skyline
Utilities: See Remarks
Water: Public
Water Features: Waterfront
Window: See Remarks
Local Schools
High School: Austin
Middle School: O Henry
Elementary School: Mathews
School District: Austin ISD
Listed By / Shown By
Listed By
Agency Name: Spyglass Realty
Agency Contact: (512) 554-7461
Shown By
Agent Name: Joel Peal
Agent Phone: (512) 590-9126
Agency Title: Realty Capital City
Estimate Your Payment
Estimated Payment
$ 2,750.64 per month $1,224.06 Principal & Interest $1,366.17 Property Tax $160.42 Homeowner's InsuranceChange Payment Information
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 06/01/2026. The listing information on this page last changed on 06/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/01/2026 2:07:17 AM EST) or Austin MLS (last updated Mon 06/01/2026 12:27:34 AM EST) or CTXMLS (last updated Sat 05/30/2026 11:34:26 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Each office independently owned and operated.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 06/01/2026. The listing information on this page last changed on 06/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/01/2026 2:07:17 AM EST) or Austin MLS (last updated Mon 06/01/2026 12:27:34 AM EST) or CTXMLS (last updated Sat 05/30/2026 11:34:26 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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54 Rainey St, Unit 706 | MLS# 7656455
This condo located at 54 Rainey St, Unit 706, Austin, TX 78701 is currently listed for sale with an asking price of $550,000. This property was built in 2005 and has 2 bedrooms and 2 full baths with 1341 sq. ft. Rainey St, Unit 706 is located in the Milago Condo subdivision within the Austin ISD school district. Search Milago Condo real estate on www.pealestate.com today.