$400,000
1 bd · 1 ba · 865 sqft
54 Rainey ST, Austin, TX 78701
54 Rainey ST, Austin, TX 78701 is a 1-bedroom, 1-bathroom condominium listed at $400,000 ($462/sqft). 865 sqft. Built in 2005. Located in Rainey Street District, Austin TX. Priced 22% below the Rainey Street District median of $589/sqft. MLS #5221770. Listed by Berkshire Hathaway TX Realty.
Property Overview
This one-bedroom condo on Rainey Street offers rare value in one of Austin's most sought-after neighborhoods. Located in the heart of the Rainey Street District, the unit captures the vibrant energy of this historic corridor while providing an 865-square-foot retreat with clean lines and contemporary finishes. Residents enjoy direct access to the neighborhood's iconic bungalow bars, rooftop venues, and the dynamic street-level scene that defines this increasingly upscale pocket of downtown Austin, TX.
At $400,000, this property sits notably below the area median price per square foot, making it an attractive entry point for buyers seeking urban lifestyle in the Rainey Street District. The location delivers unparalleled proximity to Lady Bird Lake, luxury high-rises, and panoramic skyline views that rival properties commanding significantly higher prices. Whether as a primary residence or investment opportunity, this condo positions buyers at the intersection of Austin's most vibrant nightlife, waterfront recreation, and emerging luxury development.
Agent Description
LIVE, WORK, PLAY! This 1 bedroom condo at the Milago Condominiums in the Historic Rainey Street District has an office or flex space. Fantastic location, convenient 24/7 concierge, WiFi lounge, reservable clubroom, gym, reserved parking space in the parking garage, and grocery store across the street. Entertain at the rooftop pool, stroll down Rainey Street and enjoy the entertainment district or go for a run with your four-legged friend on the hike & bike trail. Pet-friendly and Google Fiber ready!FEMA - Unknown Restrictions: Yes Comm. Features: Health Club Discount
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 $462/sqft, this listing is priced 22% below the Rainey Street District median of $589/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 2005 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Living Area | 865 sqft |
| Lot Size | 217.8 sqft |
| Price per Sqft | $462 |
| Days on Market | 2048 |
| MLS # | 5221770 |
| Listed By | Berkshire Hathaway TX Realty |
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 $462 per square foot. That is 22% 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 865 square feet of living space.
When was 54 Rainey ST, Austin, TX 78701 built?
This property was built in 2005, making it 21 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 2048 days.
What type of property is 54 Rainey ST, Austin, TX 78701?
This is a Condominium on a 217.8 sqft lot.