54 Rainey Street 322, Austin, TX


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About 54 Rainey Street 322

First time to market! Rare northwest corner two bedroom residence for sale on the prized terrace level of the Milago Condominiums building. A sought after combination of serene, private setting and beautiful light-filled living spaces. Original owners have taken meticulous care of the home from recent wood flooring and paint (2021) to recent Bosch and GE microwave dishwasher and refrigerator (2020), LG electric range and LG washer and dryer (2023) and on down the line. Turn key, elevated, and thoughtful updates to closets, lighting, windows treatments, plumbing, electric, HVAC, AV, and more. With none of the maintenance issues to worry about, the new owner can focus on the tranquil setting, park and lake, and enjoyment of the private terrace that leads out to the main terrace. Perfect for children, dogs, gatherings, and just stretching out with a good book enjoying the weather in the privacy of your terrace. The Milago Condominiums building is adjacent to Lady Bird Lake and the acclaimed Anna and Roy Butler Hike-and-Bike Trail. Building amenities are robust and include a full time, on-site manager, 24/7 concierge, furnished lobby, first floor terrace and WiFi lounge, bicycle storage, third floor terrace with seating and BBQ area, fitness center, club room, and rooftop pool and hot tub with additional grilling area. Emma S. Barrientos Mexican American Cultural Center expansion and the Waller Beach at Town Lake Metropolitan Park are set to finalize in Q1/Q2 2025 and will add tremendous value and beauty to the view and the property.

Features of 54 Rainey Street 322

MLS® # 2827536
Price $750,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,212
Acres 0.01
Year Built 2005
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 54 Rainey Street 322
Area DT
Subdivision Milago Condo Amd
City Austin
County Travis
State TX
Zip Code 78701


Amenities Concierge
Utilities Electricity Available, Phone Available, Water Available, Cable Available, Fiber Optic Available, Sewer Available
Features Fitness Center, Internet Access, Pool, Barbecue, Bar/Lounge, Common Grounds/Area, Community Mailbox, Concierge, Conference/Meeting Room, Gated, Lake, Package Service, Property Manager On-Site, Storage Facilities, Street Lights, Trails/Paths
Parking Covered, Guest, Assigned, Electric Gate
Garage Spaces 2
View Park/Greenbelt
Is Waterfront Yes
Waterfront River Front
Has Pool No


Interior Wood
Appliances Dishwasher, Free-Standing Electric Range, Microwave, Disposal, Dryer, Oven, Refrigerator, Washer
Heating Central
Fireplace No
# of Stories 1
Stories One


Exterior Features Balcony
Lot Description Backs to Greenbelt/Park
Roof Concrete
Construction Brick, Stucco
Foundation Combination

School Information

District Austin ISD
Elementary Mathews
Middle O Henry
High Austin

Additional Information

Date Listed October 11th, 2023
Days on Market 225
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGottesman Residential R.E.
Contact Info(512) 451-2422

Listing Map

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