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54 Rainey #920, Austin 78701

54 Rainey #920

$475,000 · 1 bd · 1 ba · 750 sq ft

From the listing

Enjoy a front-row seat to Lady Bird Lake from this ninth-floor residence at Milago, where panoramic water views and abundant natural light create an inviting retreat in the heart of downtown Austin. Expansive windows frame the lake from nearly every room, while a private balcony extends the living space outdoors, offering a beautiful setting to take in the views and enjoy the waterfront surroundings. Streamlined for comfort and convenience, Unit 920 features an open, efficient floor plan that makes the most of its space and exceptional setting. Whether enjoyed as a full-time residence, weekend getaway or lock-and-leave retreat, the home offers an appealing balance of urban living and everyday comfort. Milago's amenities further enhance the experience, with a rooftop pool offering sweeping views of the lake and downtown skyline, a fitness center, concierge services and inviting common areas. Just outside the building, the Lady Bird Lake hike-and-bike trail invites morning walks, afternoon bike rides and easy access to Austin's waterfront parks and green spaces. In the other direction, the vibrant Rainey Street District offers an eclectic collection of restaurants, coffee shops and entertainment, all within easy walking distance. With its exceptional waterfront location, captivating lake views and proximity to downtown Austin's dining, entertainment and cultural destinations, Milago Unit 920 offers a distinctive opportunity to enjoy the best of Austin's urban and outdoor lifestyles.

The description is the listing brokerage’s, reproduced from the MLS. Listed by Compass RE Texas, LLC.

The ZIP

Everything that is not in the listing, from the creeks to the schools to who the area is wrong for, is on the 78701 page. Everything else for sale there today is on its market page.

A private viewing

Tell me when works and I will confirm directly.

Luke Allen

Licensed Texas REALTOR, License #788149

254-718-2567luke@austinmdg.com
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Based on information submitted to the MLS GRID as of October 17, 2026 at 4:03 AM CDT. All data obtained from various sources and may not have been verified by broker or MLS GRID.

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Alex Bartram, Designated Broker, TREC License #615893

Austin Marketing + Development Group LLC, TREC License #9014959

1401 West Ave Ste B, Austin, TX 78701

Luke Allen, Licensed Texas REALTOR, License #788149

Equal Housing Opportunity

lukeallenaustin.com