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.
Bedrooms
1
Bathrooms
1
Square Feet
798
Year Built
2005
Garage
1 car
Stories
1
Tax Assessed
$428,291 (2026)
Property Tax
$7,709.97/yr (2026)
Type
Condo
Status
Active
Shapiro Group
Last checked 2h ago.
As assigned by the MLS listing; verify with the district.
54 Rainey St Unit #PH20
Austin, TX 78701
Loan Term
Est. Monthly Payment
$3,344
Property tax is the county's 2026 bill of $7,710, not an estimate.
Estimates based on 6.5% rate. Actual payments may vary.
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