54 Rainey St, Unit 403

Austin, TX 78701

$2,300
Price
1
Bed
865 Sq. Ft.
$32 / Sq. Ft.
865
Sq. Ft.
$32
per Sq. Ft.

Description

Experience the best of Austin living in this stunning 1-bedroom, 1-bathroom condo at the highly sought-after Milago Condominiums on Rainey Street. Just steps from vibrant nightlife, renowned restaurants, and Lady Bird Lake, this home offers the perfect balance of energy and tranquility. Inside, you'll find a spacious, light-filled layout with beautiful hardwood flooring in the living areas and sleek modern finishes throughout. The chef’s kitchen is designed for both style and functionality, featuring...Experience the best of Austin living in this stunning 1-bedroom, 1-bathroom condo at the highly sought-after Milago Condominiums on Rainey Street. Just steps from vibrant nightlife, renowned restaurants, and Lady Bird Lake, this home offers the perfect balance of energy and tranquility. Inside, you'll find a spacious, light-filled layout with beautiful hardwood flooring in the living areas and sleek modern finishes throughout. The chef’s kitchen is designed for both style and functionality, featuring granite countertops, a breakfast bar, and stainless-steel appliances. The large bedroom boasts a ceiling fan, a generous walk-in closet, and an en-suite bath with a granite-topped vanity, ample storage, and a tub/shower combo. A dedicated office or flex space and in-unit laundry add to the convenience. Milago’s world-class amenities set this residence apart, offering a rooftop pool and terrace with breathtaking skyline views, a BBQ and lounge area, a stylish clubroom, and a ground-floor Wi-Fi lounge. Residents also enjoy 24-hour concierge service, bike and canoe/kayak storage, and direct access to the lake via a private dock—perfect for outdoor enthusiasts. With easy access to downtown, public transportation, and the scenic trails of Lady Bird Lake, this condo delivers an unparalleled lifestyle in one of Austin’s most dynamic neighborhoods. Don’t miss this opportunity—schedule a private tour today! *This unit is available for rent with the option to be furnished or unfurnished. The monthly rental rate is $2,600 if furnished and $2,300 if unfurnished.*

Property Details for 54 Rainey Street, Unit 403

Subdivision Name
Milago Condo Amd
Waterfront
No
Waterfront Description
None
Water Access Description
Public
Furnished
Negotiable
Pets Allowed
CatsOk, DogsOk, Negotiable
Parcel Number
02030312280000
Tax Lot
403
LISTING UPDATED: 02/14/2025 09:01 AM

Property Details for 54 Rainey Street, Unit 403

StatusActive
MLS #4948503
Days on Market123
Rental Incentives-
Available Date02/13/2025
Lease Term12 Months
Furnished-
Compass TypeRental
MLS TypeResidential Lease / Condominium
Year Built2005
Lot Size0.00 AC / 217 SF
CountyTravis County

My Agent

Contact Kristin

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Location

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Building Information for 54 Rainey Street, Unit 403

Building/Complex54 Rainey StFloor-Stories1Residences70Pet PolicyAllowedPet Policy DetailsCatsOk,DogsOk,NegotiableYear Built2005Lot Size0.00 AC / 217 SF

Property Information for 54 Rainey Street, Unit 403

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 1
  • Parking Features: Assigned, Attached, Covered, Garage, Guest
  • Covered Spaces: 1
Interior
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Eat In Kitchen, Granite Counters, High Ceilings, Multiple Living Areas, Main Level Master, No Interior Steps, Open Floorplan, Track Lighting, Walk In Closets, High Speed Internet
  • Flooring: Carpet, Tile, Wood
Exterior
  • Exterior Features: None
  • Patio And Porch Features: None
  • Fencing: None
  • Direction Faces: East
  • Window Features: PlantationShutters
  • Accessibility Features: None
  • Community Features: Barbecue, Business Center, Bicycle Storage, Concierge, Common Grounds/Area, Clubhouse, Community Mailbox, Conference/Meeting Room, Car Share Available, Dog Park, Fitness Center, Internet Access, Pet Amenities, Park, Property Manager On-Site, Pool, Rooftop Lounge, Storage Facilities, Street Lights, Trails Paths
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Landscaped
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling: Ceiling Fans
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Owner Pays: AssociationFees, Taxes
  • Tenant Pays: AllUtilities
Room Information
Room 1
  • Room Type: Office
  • Room Level: Main
  • Room Features: SeeRemarks
Room 2
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: EnSuiteBathroom, GraniteCounters
Room 3
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: CeilingFans, WalkInClosets
Room 4
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: BreakfastBar, DiningArea, GraniteCounters, KitchenFamilyRoomCombo
Room 5
  • Room Type: LivingRoom
  • Room Level: Main
  • Room Features: CeilingFans
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Unit 4
  • Permission: IDX
Unit 5
  • Permission: IDX
Unit Information
  • Number Of Units Total: 70
Financial Information
Taxes and HOA Information
  • Association Amenities: Concierge
Showing Information
Showing Information
  • Security Features: Building Security, Smoke Detector(s), Controlled Access
  • Directions: From 35 & Holly, Head West on Holly, Turn left on Rainey Street. Milago Building on your right. Guest parking is available on a first-come first serve basis. Obtain guest parking permit from front desk.

Property History for 54 Rainey Street, Unit 403

DateEvent & SourcePriceAppreciationLink
Feb 13, 2025

Listed (Active)

ACTRIS #4948503

$2,300
Mar 13, 2020

Rented

ACTRIS #4363586

$1,795
Feb 20, 2020

Pending

ACTRIS #4363586

$1,795
Jan 16, 2020

Listed (Active)

ACTRIS #4363586

$1,995
Oct 24, 2013

Rented

ACTRIS #3779614

$1,795
Oct 24, 2013

Pending

ACTRIS #3779614

$1,795
Oct 21, 2013

Listed (Active)

ACTRIS #3779614

$1,795
Mar 31, 2013

Rented

ACTRIS #5679259

$1,695
Mar 31, 2013

Pending

ACTRIS #5679259

$1,695
Feb 3, 2013

Listed (Active)

ACTRIS #5679259

$1,895
Mar 24, 2012

Rented

ACTRIS #9152156

$1,695
Mar 19, 2012

Pending

ACTRIS #9152156

$1,695
Feb 7, 2012

Listed (Active)

ACTRIS #9152156

$1,695
Dec 18, 2009

Rented

ACTRIS #2599719

$1,300
Dec 16, 2009

Pending

ACTRIS #2599719

$1,395
Nov 16, 2009

Listed (Active)

ACTRIS #2599719

$1,395
DateEvent & SourcePrice
02/13/2025

Listed (Active)

ACTRIS #4948503

$2,300
03/13/2020

Rented

ACTRIS #4363586

$1,795
02/20/2020

Pending

ACTRIS #4363586

$1,795
01/16/2020

Listed (Active)

ACTRIS #4363586

$1,995
10/24/2013

Rented

ACTRIS #3779614

$1,795
10/24/2013

Pending

ACTRIS #3779614

$1,795
10/21/2013

Listed (Active)

ACTRIS #3779614

$1,795
03/31/2013

Rented

ACTRIS #5679259

$1,695
03/31/2013

Pending

ACTRIS #5679259

$1,695
02/03/2013

Listed (Active)

ACTRIS #5679259

$1,895
03/24/2012

Rented

ACTRIS #9152156

$1,695
03/19/2012

Pending

ACTRIS #9152156

$1,695
02/07/2012

Listed (Active)

ACTRIS #9152156

$1,695
12/18/2009

Rented

ACTRIS #2599719

$1,300
12/16/2009

Pending

ACTRIS #2599719

$1,395
11/16/2009

Listed (Active)

ACTRIS #2599719

$1,395

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 54 Rainey Street, Unit 403

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - 3
Rating
School
Distance
Mathews Elementary School
PublicPK to 6

O Henry Middle School
Public6 to 8

Austin High School
Public9 to 12

Daep- El
Public3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

54 Rainey Street, Unit 403 is available for rent in Austin, TX 78701. This property was listed on February 14, 2025 by Compass, it's currently listed at $2,300. It has been on the market for a total of 123 days and was last rented on March 14, 2020. This listing's school district is Austin Independent School District. Nearby schools include Mathews Elementary School, O Henry Middle School and Austin High School. 54 Rainey Street, Unit 403 is a 1-bed, 1-bath, 865 sqft a property built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the owner. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.