$400,000
1 bd · 1 ba · 750 sqft
54 Rainey ST, Austin, TX 78701
54 Rainey ST, Austin, TX 78701 is a 1-bedroom, 1-bathroom condominium listed at $400,000 ($533/sqft). 750 sqft. Built in 2005. Located in Rainey Street District, Austin TX. Priced 10% below the Rainey Street District median of $589/sqft. MLS #6406574. Listed by Eleven Oaks Realty.
Property Overview
This one-bedroom condominium at 54 Rainey Street positions itself at a compelling value in the Rainey Street District, priced 10 percent below the neighborhood median. The 750-square-foot unit offers direct access to one of Austin, TX's most dynamic neighborhoods, where historic bungalow bars sit alongside contemporary luxury high-rises and unobstructed skyline views. Residents enjoy walkable proximity to Lady Bird Lake and the vibrant nightlife that has made Rainey Street a destination for those seeking urban energy without sacrificing accessibility to nature.
The open-concept layout maximizes the efficient floor plan, allowing natural light to flow through the space while maintaining flexibility for both full-time residents and investors eyeing the short-term rental market. From this address, daily life centers on walkability—coffee shops, restaurants, and entertainment venues require mere minutes on foot, while the lake's hike-and-bike trails offer immediate respite. The condo's established building and location within the Rainey Street District's cultural hub create a rare opportunity to own in one of Austin's most sought-after urban neighborhoods at below-market pricing.
Agent Description
Unobstructed Lake Austin views from your private balcony. Upgraded wood floors throughout (no carpet). Plenty of natural light from large windows in living & bedroom. Kitchen features an abundance of storage, stainless steel appliances & granite counters. Garden tub/shower combo in bath. 24/7 concierge w/controlled access, rooftop pool & hot tub with grills, lounge and meeting space, fitness center and package service. Walk to Rainey Street bars & restaurants, Lady Bird Lake hike/bike trail & Downtown.Restrictions: 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 $533/sqft, this listing is priced 10% below the Rainey Street District median of $589/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 2005 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Living Area | 750 sqft |
| Lot Size | 174.24 sqft |
| Price per Sqft | $533 |
| Days on Market | 2066 |
| MLS # | 6406574 |
| Listed By | Eleven Oaks 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 $533 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 750 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 2066 days.
What type of property is 54 Rainey ST, Austin, TX 78701?
This is a Condominium on a 174.24 sqft lot.