54 Rainey St #809, Austin, TX 78701
Property image
Property image
OFF MARKET

$472,400

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,164 sqft

54 Rainey St #809, Austin, TX 78701

Downtown
Est. Refi. Payment $3,081/mo*
Refinance Your Home

Home Value

Trulia Estimate
$472K
Since last month
Decreased$3K (-0.6%)
Since last year
Decreased$23K (-4.6%)
Since last sale
Decreased$17K (-3.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +1% in the last 10 years
MonthEstimated value
2026
August 2026$472K
August 2026$472K
July 2026$475K
June 2026$480K
May 2026$485K
April 2026$480K
March 2026$490K
February 2026$482K
January 2026$476K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
54 Rainey St #412, Austin, TX
0.01
Condo
-
06/30/26
2
2
1,164
54 Rainey St #713, Austin, TX
0.03
Condo
-
12/15/25
2
2
1,164
70 Rainey St #2102, Austin, TX
0.10
Condo
-
11/25/25
2
2
1,154
44 East Ave #1801, Austin, TX
0.09
Condo
-
05/28/26
2
2
1,280
44 East Ave #3010, Austin, TX
0.10
Condo
-
05/29/26
2
2
1,260
40 N Interstate Highway 35 Hwy #6C1, Austin, TX
0.15
Unknown
$337,500
04/28/26
-
-
44 East Ave #2007, Austin, TX
0.08
Condo
-
07/10/26
3
2
1,221
84 East Ave #2506, Austin, TX
0.19
Condo
-
11/01/25
2
2
1,224
44 East Ave #2708, Austin, TX
0.08
Condo
-
06/30/26
2
2
793
44 East Ave #2808, Austin, TX
0.09
Condo
-
09/10/25
2
2
793

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
54 Rainey St #502, Austin, TX 78701
0.01
$849,500
3
2
1,557
For Sale
54 Rainey St #811, Austin, TX 78701
0.00
$349,000
1
1
756
For Sale
54 Rainey St #609, Austin, TX 78701
0.01
$480,000
2
2
1,164
For Sale
54 Rainey St #415, Austin, TX 78701
0.02
$359,000
1
1
756
For Sale
48 East Ave #1711, Austin, TX 78701
0.05
$765,000
2
1.5
1,036
For Sale
48 East Ave #2211, Austin, TX 78701
0.06
$930,000
2
1.5
1,036
For Sale
48 East Ave #2911, Austin, TX 78701
0.06
$949,900
2
1.5
1,036
For Sale
48 East Ave #2405, Austin, TX 78701
0.06
$535,000
1
1
706
For Sale
48 East Ave #2311, Austin, TX 78701
0.06
$930,000
2
1.5
1,036
For Sale
48 East Ave #2108, Austin, TX 78701
0.06
$675,000
1
1
803
For Sale
48 East Ave #1310, Austin, TX 78701
0.06
$1,049,000
2
2
1,277
For Sale
48 East Ave #2005, Austin, TX 78701
0.06
$483,999
1
1
706
For Sale

Local Information

  • Map ViewExplore the area around 54 Rainey St #809.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 2005
1,164 sqft
$406/sqft
Garage

About this House

Milago is located in the popular Rainey St Historical District on Lady Bird Lake/Trail. You will find restaurants, great entertainment, coffee, spa services, a salon and Royal Blue Grocery, all within walking distance. This classy condo features wood flrs, carpet in bdrms, and a balcony overlooking Rainey St with a peekaboo lake view. Milago Amenities Incl: Beautiful Roof-top Pool w/ Hot Tub, Fire Pit and Grills, Fitness Center, Common Area Lounge, Patios, 24/7 Concierge and Milago is Google Fiber ready! Two Reserved Garage Pkg Spaces.
54 Rainey St #809, Austin, TX 78701 is a 2 bedroom, 2 bathroom, 1,164 sqft condo in Downtown, built in 2005. It last sold for $489,000 on Apr 10, 2018. More recently, it was listed as a rental in August 2019 with an asking price of $4,000 per month. That rental listing was removed on October 16, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $472,400, with a rent estimate of $3,485/month.

Home Details for 54 Rainey St #809

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1ElevatorFloors: Tile, HardwoodGated Entry
Interior Details
Number of Rooms: 7Types of Rooms: Walk In Closet, Dining Room, Family Room, Master BathCeiling Fan
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: Built UpDeckExterior: Stone, Stucco, BrickPatio
Pool
Pool
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 2005Year Updated: 2005
Property Type / Style
Property Type: CondoArchitecture: Contemporary

Community

Units in Building: 1

Lot Information

Lot Area: 292 sqft

Building

Community rooms
Fitness Center

Price and Tax history

DateEventPrice
Mar 1, 2020
Source: Agent Provided
ListingRemoved
$470,000
Feb 21, 2020
Source: Agent Provided
Pending
$470,000
Feb 3, 2020
Source: Agent Provided
PriceChange
$470,000
Price increased by 2%
Dec 1, 2019
Source: Agent Provided
Pending
$460,000
Oct 16, 2019
Source: Agent Provided
ListingRemoved
$2,500

Market trends in Austin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$586K
$14.3KMoM
Sale-to-List Price
97.9%
Price per sq ft
$306
$4MoM
Available listings
5514
156MoM

Around this home

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 171 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 88 % Say there are sidewalks

  • 76 % Say it's walkable to restaurants

  • 74 % Say people would walk alone at night

  • 72 % Say streets are well-lit

  • 66 % Say it's walkable to grocery stores

  • 64 % Say there's holiday spirit

  • 58 % Say car is needed

  • 57 % Say parking is easy

  • 54 % Say they plan to stay for at least 5 years

  • 52 % Say it's quiet

  • 45 % Say neighbors are friendly

  • 43 % Say yards are well-kept

  • 39 % Say there are community events

  • 36 % Say kids play outside

  • 29 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Seneca Elizabeth
    "I just came to attend a concert. Will be leaving on Monday. Interesting architecture. And lots of different restaurants. Short freeway ride from the airport."
    0
    Flag
  • Katy Glazebrook
    "Several events, fairs, music venues, bars, and restaurants. Always a concert or free events going on. "
    0
    Flag
  • Trulia User
    "I work and live downtown, I pretty much walk everywhere. Everything I need is within a couple miles."
    0
    Flag
  • Shane H.
    "Non-existent. My office is less than a mile away. I can carpool or walk with no issues. Never worried about traffic or anything."
    4
    Flag
  • Shane H.
    "Generally less kids around. Mostly younger professionals working in and around downtown. Not the most kid friendly scene."
    2
    Flag
  • Alon Z.
    "Austin high school nearby, several elementary schools and ACC in the area. Also have the hike and bike trail and Texas rowing center along the trail"
    1
    Flag
  • Anthony M.
    "Real old Austin feel. Multiple bus routes. close to shopping, good bars and restaurants. farmers market being built nearby. "
    13
    Flag
  • Stephen M.
    "We live in the Seaholm area near the Trader Joe’s. There is a common area in this development with turf grass for kids to run around. "
    1
    Flag
  • Jeffrey G.
    "Not a lot of kids in the neighborhood. Mostly couples with dogs or very young kids. Changing area with amenities starting to arrive. "
    0
    Flag
  • Victor B.
    "Lots of homeless people and high crime rates are the norm around here. Friday and Saturday nights get crazy around here so be ready for that."
    0
    Flag
  • Micah
    "It’s in the perfect location for all types of food clubs parks and just in the hub perfect area to be accessible to anything you might want to do And being with you is breathtaking"
    4
    Flag
  • Analiciam92
    "I wouldn’t take my kids downtown Austin too much a lot of homeless people- some have outburst or get upset if you don’t give them what they ask for-or they get into it over jealousy- aside from all that there are a lot of bars don’t bring your kiddos at night especially anyways if u like fun party type downtown austin is for u "
    1
    Flag
  • Nicole M. M.
    "Walking distance to all the things Austin has to offer. Perfect for folks working downtown, single and young professionals. "
    12
    Flag
  • Melissa R.
    "I live in a suburban area in central (coastal) CA. Commute is 9.5 miles and it takes about 15 minutes by car or 45 minutes by bike."
    0
    Flag
  • Matty D.
    "6th street and congress street and all the theaters and restaurants and bars that are available. Derp. "
    0
    Flag
  • Eastgaboy
    "Amazing family friendly area! Our kids play with many of the kids in the neighborhood. Families hang out together and eat together. This is a great location for young families. There are many family events downtown like first Friday and many others every month."
    3
    Flag
  • Don
    "You can walk to everything. Whole Foods, Trader Joe’s, bars, restuarants, movie theaters, shops. The life style is hard to beat."
    3
    Flag
  • Don
    "Downtown. Walk to the Farmer’s Market, Whole Foods, Trader Joe’s, dozens of restaurants and movie theaters."
    1
    Flag
  • Joep v. L.
    "I sold my house in Austin and now lease short term downtown - the best place on earth. You can swim, row, bike, walk and go out for lunch dinner & drinks"
    2
    Flag
  • Joeadamsen
    "west downtown Austin is great. it feels like a neighborhood but you are only a block away from the city. "
    1
    Flag
  • Matt C.
    "Austin has one of the friendliest downtown areas for dog owners in the U.S. I've never seen so many places that are accommodating to animals, providing water, bowls, and even treats in some places."
    1
    Flag
  • Krishna K.
    "For dog owners like me, it's not advisable to live downtown. Not enough walking paths for pets."
    1
    Flag
  • Kay A.
    "While there are places to walk, it IS an urban area."
    0
    Flag
  • Anna D.
    "The apartments are small, but there are so many dog parks, dog stores, and parks. There's tons of green space where you can take your dog."
    0
    Flag
  • Heather M.
    "Many people living downtown have dogs, so there's always company when you're walking your pet. There are handy places for pets to board and be groomed within walking distance."
    1
    Flag
  • Tabitha E.
    "Busy and lively. There are lots of job opportunities here, so therefore lots of people to interact with."
    0
    Flag
  • Yuxi L.
    "Downtown Austin is a mix of small-town feel with big-town attractions. We love our local establishments. It's easy to walk around, with green spaces scattered all over. And local bands play every week. We have new buildings constantly going up and festivals happening all year round. The downtown scene is changing dramatically, bringing in new concepts next to old standbys."
    0
    Flag
  • Heather M.
    "Everything I need is within walking distance, and there's plenty to do."
    0
    Flag
  • Anna D.
    "It is very walkable—urban mixed with nature. It is very convenient to get in and out of."
    0
    Flag
  • John B.
    "New and trendy restaurants and bars are everywhere. The hike and bike trail along the lake is great. Plenty of things to do, no matter what mood you're in."
    0
    Flag
  • Amy C.
    "Downtown is where everything happens. It's a nice balance of culture, music, and business—as well as government. The University of Texas is also just north of downtown, so that adds another dimension to this area."
    0
    Flag
  • Matt C.
    "Downtown is busy and getting busier as more and more companies move here. Downtown does have good access to get north, south, east, and west. Traffic is pretty normal for a big city with 1 million + people. I moved here from California, and Austin is still better than that (SF area, LA area, San Diego, etc.)."
    0
    Flag
  • John B.
    "Easy if you are going north on I-35 in the morning. Coming into downtown at 5 pm, forget about it, not happening."
    0
    Flag
  • Heather M.
    "Traffic can be bad, but I work only about 25 blocks from my home so I have it easy."
    0
    Flag
  • Jordan H.
    "Very easy. As long as there isn't construction, everything is smooth."
    0
    Flag
  • Heather M.
    "There's plenty for kids to do, including lots of action at the new downtown library and the skate park."
    0
    Flag
  • Ben E.
    "It's more of an adult location than for children. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 54 Rainey St #809

  • What is 54 Rainey St #809 estimated to be worth?
    Trulia's estimated value for 54 Rainey St #809 in Austin, TX is $472,400.
  • What is the price history for 54 Rainey St #809?
    54 Rainey St #809 in Austin, TX last sold in April 2018.
  • Is Austin a buyer's or seller's market?
    Austin is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Austin?
    The median sale price in Austin is $586K. That is up $14.3K from the prior month.
  • Does 54 Rainey St #809 have air conditioning?
    Yes, 54 Rainey St #809 in Austin, TX has air conditioning.
  • Does 54 Rainey St #809 have a pool?
    Yes, 54 Rainey St #809 in Austin, TX has a pool.

Explore by feature - Pet Friendly

3400 pet-friendly rentals in Austin, TX

Explore by feature - Garage

2020 rentals with a garage in Austin, TX

Explore by feature - Air Conditioning

3406 rentals with air conditioning in Austin, TX

Explore by feature - Pool

1941 rentals with a pool in Austin, TX

Explore by feature - Washer/dryer

3572 rentals with a washer/dryer in Austin, TX

Explore by feature - Outdoor Space

1226 rentals with an outdoor space in Austin, TX

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 54 Rainey St #809

Skip to last item
Skip to first item

Homes for sale near 54 Rainey St #809

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item