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54 Rainey ST, Austin, TX 78701

$400,000

1 bd · 1 ba · 756 sqft

54 Rainey ST, Austin, TX 78701

54 Rainey ST, Austin, TX 78701 is a 1-bedroom, 1-bathroom condominium listed at $400,000 ($529/sqft). 756 sqft. Built in 2006. Located in Rainey Street District, Austin TX. Priced 10% below the Rainey Street District median of $589/sqft. MLS #3315073. Listed by DEN Property Group.

Property Overview

This 756-square-foot corner condominium on Rainey Street places residents directly in Austin's most dynamic entertainment and cultural hub. The unit offers an efficient floor plan with one bedroom and one bathroom, positioned at $529 per square foot—approximately 10% below the neighborhood median, providing solid value in one of downtown's most sought-after addresses. Floor-to-floor living in the Rainey Street District means walking distance to historic bungalow bars, Lady Bird Lake's scenic trails, and the neighborhood's thriving restaurant and nightlife scene.

The Rainey Street District has evolved into a premier destination where restored 1920s cottages sit alongside modern luxury high-rises, creating a distinctive architectural blend. From this location, residents enjoy immediate access to downtown Austin's cultural institutions, Congress Avenue's retail and dining, and expansive skyline views that define the city's urban landscape. The 2006-built structure offers convenient condo living with the neighborhood's unmatched walkability and proximity to Lady Bird Lake for outdoor recreation.

Agent Description

Perfectly located on Lady Bird Lake, this one bedroom condo within the desirable Milago condominiums features an open floor plan with stainless steel appliances, wood floors, granite countertops and balcony overlooking the MACC and downtown. Only steps away from the Hike and Bike trail and several of Austin’s finest restaurants and entertainment. Amenities include: 24/7 concierge, roof top terrace with pool & hot tub, fitness center with lake views, residents lounge, club room, & outdoor patio with grillsRestrictions: Yes Sprinkler Sys:Yes

Neighborhood: Rainey Street District

This property is located in Rainey Street District, Austin, TX. The area is known for Historic Bungalow Bars, Lady Bird Lake Access, Luxury High-Rises, Skyline Views, Vibrant Nightlife.

At $529/sqft, this listing is priced 10% below the Rainey Street District median of $589/sqft.

Property Details

Property TypeCondominium
Year Built2006
Bedrooms1
Bathrooms1
Living Area756 sqft
Lot Size174.24 sqft
Price per Sqft$529
Days on Market2017
MLS #3315073
Listed ByDEN Property Group

Listing data last updated:

Frequently Asked Questions

What is the listing price of 54 Rainey ST, Austin, TX 78701?

This property is listed at $400,000, which is $529 per square foot. That is 10% below the Rainey Street District area median of $589/sqft.

How many bedrooms and bathrooms does 54 Rainey ST, Austin, TX 78701 have?

This home has 1 bedroom and 1 bathroom, with 756 square feet of living space.

When was 54 Rainey ST, Austin, TX 78701 built?

This property was built in 2006, making it 20 years old.

What neighborhood is 54 Rainey ST, Austin, TX 78701 in?

This property is in Rainey Street District, Austin, TX. The area is known for historic bungalow bars, lady bird lake access, luxury high-rises.

How long has 54 Rainey ST, Austin, TX 78701 been on the market?

This listing has been on the market for 2017 days.

What type of property is 54 Rainey ST, Austin, TX 78701?

This is a Condominium on a 174.24 sqft lot.

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