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54 Rainey St 706
Austin TX 78701 US

$550,000

Active Listing ID 7656455
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2 bed
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2.00 Bath (2 Full)
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Lot: 0.01 Acres
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Condominium

$550,000

Active Listing ID 7656455
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54 Rainey St 706 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.

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Property Features

  • Facts
  • Lot Size: 0.01 Acres
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 2
  • Cooling System: Central Air
  • Exterior Finish: Balcony
  • Floor Covering: Tile, Wood
  • Roof Type: Flat
  • Heating Fuels: Central
  • Additional Features
  • Waterfront

School Information

  • School
  • Mathews(Elementary)
  • O Henry(MiddleSchool)
  • Austin(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 550000
  • unparsedaddress: 54 Rainey St
  • unitnumber: 706
  • postalcity: Austin
  • stateorprovince: TX
  • country: US
  • postalcode: 78701
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0077
  • lotsizeunits: Acres
  • lotsizearea: 0.0077
  • livingarea: 1341
  • livingareaunits: Square Feet
  • latitude: 30.2567324
  • longitude: -97.73950734
  • listagentfullname: Dustin Raye
  • listagentemail: dustin@spyglassrealty.com
  • listagentkey: 3yd-ABORTX-613889
  • listagentmlsid: 613889
  • listagentpreferredphone: 5125547461
  • listagentofficephone: 5125547461
  • listofficekey: 3yd-ABORTX-5220
  • listofficemlsid: 5220
  • disclaimer: Copyright © 2026 Unlock MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ABORTX
  • yearbuilt: 2005
  • listingcontractdate: 2026-05-11
  • listagenturl: http://www.spyglassrealty.com
  • countyorparish: Travis
  • parcelnumber: 02030313010000
  • elementaryschool: Mathews
  • highschool: Austin
  • elementaryschooldistrict: Austin ISD
  • middleorjuniorschooldistrict: Austin ISD
  • highschooldistrict: Austin ISD
  • appliances: Dishwasher, Dryer, Electric Range, Microwave, Oven, Range, Refrigerator, Washer, Washer/Dryer, Wine Cooler, Wine Refrigerator
  • cooling: Central Air
  • constructionmaterials: Masonry - All Sides
  • flooring: Tile, Wood
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 2
  • parkingfeatures: Assigned, Garage
  • roof: Flat
  • view: River, Lake, City
  • waterfrontyn: True
  • franchiseaffiliation: None
  • interiorfeatures: Bar, Bookcases, Built-in Features, Ceiling Fan(s), Chandelier, Granite Counters, Stone Counters, Pantry, Primary Bedroom on Main, Walk-In Closet(s)
  • exteriorfeatures: Balcony
  • waterfrontfeatures: Waterfront
  • architecturalstyle: High Rise
  • rooms: Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2
  • speciallistingconditions: Real Estate Owned, In Foreclosure
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.73951, 30.256733
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Spyglass Realty and Investments, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dustin@spyglassrealty.com", "ListBrokerageCity":null, "ListBrokerageCountry":null, "ListBrokerageEmail":"ryan@spyglassrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Spyglass Realty and Investments, LLC", "ListBrokeragePhone":"(512) 965-1480", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":"http://www.spyglassrealty.com", "ListOfficeAddress1":"5818 Balcones Dr Ste 201", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"5220", "ListOfficeCity":"Austin", "ListOfficeCountry":"US", "ListOfficeEmail":"ryan@spyglassrealty.com", "ListOfficePostalCode":"78731", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"CONDOS - Austin, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/54-Rainey-St-Apt-706_Austin_TX_78701_M76882-69069?f=listhub&s=ABORTX&m=7656455&c=rexren", "MLSModificationTimestamp":"2026-05-12 16:16:11", "Neighborhoods":[{"Description":null, "Name":"Milago Condo Amd"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":16395, "TaxDescription":"UNT 706 MILAGO CONDOMINIUMS AMENDED PLUS .509 % INT IN COM AREA", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/12/2026 4:18:03 PM GMT
Source Updated Date: 5/12/2026 6:41:10 PM GMT

Courtesy of: Dustin Raye, Spyglass Realty, dustin@spyglassrealty.com

Copyright © 2026 Unlock MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.