54 RAINEY ST #PH20

Austin, 78701
Updated Sep 9, 2026 • On market 26 days
$509,000
$638/sq ft
1 Beds
1 Full Bath
798 Sq Ft
2005 Built
26 Days on Market

About This Property

A rare opportunity to live on the Penthouse Floor at Milago, where elevated downtown living meets the tranquility of Lady Bird Lake. Set on the building’s private top residential floor, this distinctive one-bedroom residence offers 10-foot ceilings, professionally designed walk-in closet, added security and an exceptional 165-square-foot double covered balcony with beautiful lake views—creating a seamless extension of the living space.The penthouse floor has just undergone a beautiful renovation of its common areas, adding a fresh, sophisticated arrival experience exclusive to this level. Throughout Milago, additional common spaces are also in the midst of an extensive renovation, bringing a new level of style and refinement to the building.Inside, fresh interior paint creates polished feel, while the kitchen features granite countertops, modern cabinetry and stainless steel appliances. Dining area offers generous space for entertaining, working from home or simply enjoying the luxury of extra room.Just above, escape to the rooftop pool and hot tub, where sweeping skyline views provide a spectacular backdrop for morning swims or evenings under the city lights. Residents also enjoy a private lounge, clubroom, conference space, fitness center and 24-hour concierge. Parking and Storage.

Property Details

Interior

  • Bedrooms 1
  • Full Baths 1
  • Half Baths 0
  • Living Area 798 Sq Ft

Property

  • Year Built 2005
  • Property Type Residential
  • Sub Type Condominium
Listed by Christies Intl Real Estate Lone Star
MLS# 6916651

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