$4,900/mo

54 Rainey ST 1201, Austin, TX 78701

2 beds |
2 baths |
1,289 sqft

Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.

Rental
Built in 2005
322sqft lot
2 car garage
$4/sqft
Listed 16 days ago

Property Description

Experience elevated downtown living in this stunning south-facing 2-bedroom, 2-bath residence at Milago, one of Austin's premier waterfront high-rises. Perched on the 12th floor, Unit 1201 is filled with natural light and showcases breathtaking views of Lady Bird Lake, two balconies, lush treetops, and the Austin skyline through expansive floor-to-ceiling windows. The thoughtfully designed open-concept floor plan features wide-plank wood flooring, high ceilings, and spacious living and dining areas that flow seamlessly to a private covered balcony, perfect for enjoying morning coffee, spectacular sunsets, or watching paddleboarders and kayakers on the lake below. The sleek modern kitchen is appointed with contemporary cabinetry, quartz countertops, stainless steel appliances, and generous storage, making it ideal for everyday living and entertaining. The spacious primary suite offers oversized windows, ample closet space, and a beautifully finished en-suite bath. A well-appointed second bedroom and adjacent full bath provide flexibility for guests, a home office, or a roommate-friendly layout. This unit comes with a dedicated climate controlled storage space. Milago residents enjoy resort-style amenities including a rooftop pool and spa overlooking Lady Bird Lake, a fully equipped fitness center, resident clubroom, conference room, Wi-Fi lounge, 24-hour concierge, controlled access, secure parking, and direct access to the Ann and Roy Butler Hike-and-Bike Trail. Ideally located between the vibrant Rainey Street District and Downtown Austin, you'll be just steps from acclaimed restaurants, coffee shops, live music, parks, kayaking, paddle-boarding, and Austin's best entertainment. Offering luxury, convenience, and exceptional south-facing views, this residence is an outstanding opportunity to experience the very best of downtown waterfront living.

Listing Status:: Active
Data Last Updated:: July 13, 2026 at 3:18AM
Listing Office:: Womack Real Estate LLC : (512) 626-0621
Listing Agent:: Sherene Mayner : (512) 689-9324
MLS ID:: 2708728

General: Two Primary SutiesCeiling Fan(s)Ceiling-HighQuartz CountersOpen FloorplanPantryRecessed LightingSmart ThermostatSoaking TubStorageWalk-In Closet(s)
Appliances: DishwasherDisposalElectric RangeFree-Standing Electric RangeWasher/Dryer
Laundry: In UnitLaundry Closet
Flooring: TileWood
A/C: Ceiling Fan(s)Central Air

General: Balcony
Pool: None
Parking: AssignedCoveredGuestReservedParking spaces: 2

General: One

HOA Amenities: Bike Storage/LockerBusiness CenterClubhouseCluster MailboxCommon GroundsConciergeConference/Meeting RoomControlled AccessCovered ParkingFitness CenterLakeLock and LeavePoolHot TubStreet LightsSundeck
Originating MLS: actris
School District: Austin ISD
County: Travis