54 Rainey ST 1018, Austin, TX 78701

• 3 beds |
• 3 baths |
• 1,956 sqft

Property Description

Experience elevated downtown living at Milago, where style, space, and sweeping views come together in one exceptional residence. This beautifully appointed 3-bedroom, 2.5-bath condo offers nearly 2,000 square feet (1,956 SF) of light-filled living space in one of Austin’s most desirable waterfront buildings. From the moment you enter, you’re greeted by expansive windows that flood the home with natural light and frame stunning views the downtown skyline and Lady Bird Lake. Rich wood flooring runs throughout, creating a warm, cohesive feel across the open-concept living and dining areas—perfect for entertaining or simply enjoying the view. The gorgeous kitchen is both functional and refined, featuring quartz countertops, a custom backsplash, an extra-deep sink, and abundant cabinet space for effortless organization. Whether you’re hosting friends before a night out or preparing a quiet dinner at home, this kitchen is designed to impress. The spacious primary suite offers a true retreat, complete with a luxurious ensuite bath boasting a double vanity, large soaking tub, and separate walk-in shower. Two additional bedrooms provide flexibility for guests, a home office, or a dedicated fitness or media space. Located just steps from the Town Lake Trail, you’ll have immediate access to miles of scenic waterfront paths, along with some of Austin’s best dining, shopping, and entertainment. Residents of Milago enjoy premium amenities including a beautiful pool and a fully equipped fitness center. This is downtown Austin living at its finest—spacious, sophisticated, and perfectly positioned to enjoy the best of the city.

Listing Status:

Active

Data Last Updated:

March 14, 2026 at 3:17AM

Listing Office:

Compass RE Texas, LLC : (512) 575-3644

Listing Agent:

Matt Holm : (512) 769-1695

MLS ID:

2440461

Interior

• General: See Remarks
• Appliances: Built-In Electric RangeDishwasher
• Laundry: In Unit
• Flooring: See Remarks
• A/C: See Remarks
• Heating: Central
• Fireplace: Fireplaces: 0
• Eco/Green Feature: NoneNone

Exterior

• General: Balcony
• Other Structures: See Remarks
• Pool: None
• Parking: GarageReservedParking spaces: 2

Construction

• Roofing: Built-Up
• Windows: Double Pane Windows
• General: OnePillar/Post/Pier

Location

• HOA Amenities: BBQ Pit/GrillBike Storage/LockerBusiness CenterConciergeFitness CenterGarage ParkingPoolTrail(s)See Remarks1511.0Monthly
• Originating MLS: actris
• School District: Austin ISD
• County: Travis

Lot

• Zoning: UNT 1018 MILAGO CONDOMINIUMS AMENDED PLUS .742 % INT IN COM AREA02030313820000
• View: CityDowntownHill CountryLakeSkyline
• Fencing: None

Utilities

• Utilities: See Remarks
• Water: Public
• Sewer: See Remarks

Financial

• Source: actris