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According to the listing agent, this listing is a bank owned (foreclosed) property. |
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 Austin's 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 Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 5/11/2026 | Tract | Milago Condo Amd |
|---|---|---|---|
| Year Built | 2005 | Community | Milago Condo Amd |
| Garage Spaces | 2.0 | County | Travis |
SCHOOLS
| Elementary School | Mathews |
|---|---|
| Jr. High School | O Henry |
| High School | Austin |
Additional Details
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds, Maintenance Structure |
| APPLIANCES | Dishwasher, Dryer, Electric Range, Microwave, Oven, Range, Refrigerator, Washer, Washer/Dryer, Wine Cooler, Wine Refrigerator |
| AREA | DT |
| EXTERIOR | Balcony |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 965|Monthly |
| INTERIOR | Bar, Bookcases, Built-in Features, Ceiling Fan(s), Chandelier, Granite Counters, Master Downstairs, Pantry, See Remarks, Stone Counters, Walk-In Closet(s) |
| LOT | 335 sq ft |
| LOT DESCRIPTION | City Lot, Near Public Transit, See Remarks, Waterfront |
| PARKING | Assigned, Garage, See Remarks |
| POOL DESCRIPTION | See Remarks |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | High Rise (8-13 Stories) |
| SUBDIVISION | Milago Condo Amd |
| TAXES | 16394.9 |
| UTILITIES | See Remarks |
| VIEW | Yes |
| VIEW DESCRIPTION | City, City Lights, Downtown, Lake, River, Skyline |
| WATER | Public |
| WATER ACCESS | Lady Bird Lake |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Waterfront |
Location
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Property listed by Dustin Raye, Spyglass Realty
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 5/13/26 10:46 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is 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 being provided is 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.
This IDX solution is (c) Diverse Solutions 2026.
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