54 Rainey Street Unit 706

Austin, TX 78701
$550,000
1,341 sqft
2 beds
2 baths

Description

Located in the heart of the vibrant Rainey Street District, this exceptional residence at 54 Rainey offers one of the most breathtaking and unobstructed views in all of Austin. Unit 706 features two spacious bedrooms, two full bathrooms, a dedicated office, and an expansive open living area perfectly positioned to capture sweeping panoramic views of Lady Bird Lake and the downtown Austin skyline from nearly every angle. Floor-to-ceiling glass fills the home with natural light and creates a truly unmatched urban living experience. Residents at 54 Rainey enjoy resort-style amenities including a stunning rooftop pool and lounge deck overlooking the city, state-of-the-art fitness center, yoga studio, dog park, concierge services, outdoor grilling and entertaining spaces, co-working areas, and beautifully designed resident lounges. Just steps from Austin’s top restaurants, nightlife, hike and bike trails, and waterfront activities, this is luxury downtown living at its finest. Priced aggressively at just $550,000 and ready to sell. Seller financing may also be available for qualified buyers with as little as 0% down.

Property Type: Residential - Condominium
MLS Status: Pending
MLS: 7656455
Year Built: 2005
County: Travis
Tract or Division: Milago Condo Amd
List Date: 05/12/2026
Area: DT
Square Feet: 1,341
Total Beds: 2
Full Baths: 2
Half Baths: 0
Acres: 0.01
Lot Size (sqft): 335

800.451.8055

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Interior Features

 
Fireplace:
  • Number of fireplaces: 0
Floor Coverings:
  • Tile
  • Wood
Appliances:
  • Dryer
  • Dishwasher
  • ElectricRange
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • WineCooler
  • WineRefrigerator
  • Washer
Virtual Tour:

Exterior Features

 
Parking:
  • Assigned
  • Garage
  • SeeRemarks
Lot Description:
  • CityLot
  • NearPublicTransit
  • SeeRemarks
Roof Type:
  • FlatTile
Yard/Grounds:
  • Balcony
  • SeeRemarks
Siding:
  • Masonry
Pool Type:
  • SeeRemarks
  • Community
Foundation:
  • Slab
Fencing:
  • None

Utilities

 
Heating/Cooling:
  • Central
Utilities:
  • SeeRemarks

Additional Property Details

 
Listing Agent: Dustin Raye
Co-Listing Agent: Chris Amato
Broker: Spyglass Realty
Amenities:
  • Bookcases
  • BuiltInFeatures
  • CeilingFans
  • Chandelier
  • GraniteCounters
  • MainLevelPrimary
  • Pantry
  • StoneCounters
  • SeeRemarks
  • Bar
  • WalkInClosets
Community:
  • FitnessCenter
  • Park
  • Pool
  • SeeRemarks
Listed by: Dustin Raye, Spyglass Realty
Phone: 512.554.7461

Location

Schools

School Name Grades Admission
Matthews Elementary School PK - 6 Regular
Unassigned EE - EE Regular
Austin High School 9 - 12 Regular
O. Henry Middle School 6 - 8 Regular
4 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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