Downtown Austin Condos For Sale Resources

Milago Condominium For Sale


Address: 54 Rainey Street, 78701
Built: 2005
# Units: 300+
Sqft: 700+ to 2000+
Price Range: $200′s+ $800,000+
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Milago downtown Austin features 24/7 concierge, rooftop pool, exercise facilities, secured access, multiple outdoor terraces, and resident club room for entertaining.

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Milago offers city & lake views. Hardwood floors throughout living areas. Spa like bathrooms with hard tile and granite countertops. Kitchens include stainless steel appliances and granite countertops.



Milago is located on the south east side of downtown Austin in what’s called the Rainey Street District. This area is a fast growing niche with new hot spots opening frequently including Lustre Pearl, Bar 96, Clive, Icenhauer, and more. Milago is also located next to the Lady Bird Lake Hike and Bike Trail, feel like a morning walk or run, go for it.

The Milago Condominium Austin For Sale

Located at 54 Rainey St., the Milago Condominium Austin For Sale sits on a concave bend of Lady Bird Lake, making the Milago one of Downtown Austin’s true lakefront properties. The Milago has 240 units spanning 13 floors (12 floors plus a penthouse floor). While there are a few handfuls of three-bedroom units, most of the units are one- or two-bedroom units. One-bedrooms start just under 750 sq ft; two bedrooms at just over 1150 sq ft. There were three finish out packages offered through the developer. Wood in the bedrooms was an upgrade. The west-facing part of the Milago has beautiful views of Lady Bird Lake.

Milago Condominium Austin For Sale

You want to live close to all that downtown offers. But at the same time, you don’t want to give up on the idea of having some peace and quiet.

You can have both at the Milago. Just a short walk away from being in the middle of it all.

Wouldn’t it be nice to be steps away from the trail instead of weaving through traffic for your run or bike ride? Or look down from your condo and see trees and the lake instead of the air conditioning units on buildings below you?

At other downtown condos, you’re always reminded you’re in the urban jungle: the concrete, the construction, the streetlights, the garbage trucks, music from the bars, even the grackles at night that require you to cover your head on a short walk. No worries like that at the Milago.

Completed in 2006, the Milago offers all the modern conveniences and finishes the discriminating buyer wants. And because it broke ground before the downtown boom started, the price per square foot and HOA dues are very reasonable. Furthermore, with the development of the Austin Waterfront District, the desirability of living at the Milago will continue to grow for years to come.

There are too many perks to list here of living at the Milago. But we can’t go without mentioning that if you’re a parent of young children or a pet owner, you can literally step out the door and it’s play time. No long walk to get to a small patch of grass like at other places.

And about those bat flights. Yes, the Milago is positioned perfectly for unobstructed views of one of Austin’s most famous happenings at the Congress Street Bridge, all from the comfort of your home.