Active Listing  ·  1 day on market

603 Davis St #2201

Austin, TX 78701
$2,495,000
2 Bed 3 Bath 2,498 sqft $999/sqft Built 2006 0.01 acres 2-Car Garage Pool Shore A Condo Amd The

Rising high above the city on the 22nd floor, The Shore Penthouse is a rare offering that redefines luxury high-rise living. Occupying the entire west side of the building, with no shared walls, this exceptional two-story residence delivers a level of privacy, exclusivity, and tranquility seldom found in downtown living.

Beyond its doors, unobstructed panoramic views unfold in every direction—from the glittering city skyline and sparkling waters to the rolling beauty of the Texas Hill Country. Soaring 30-foot ceilings create a captivating sense of volume and grandeur. Three covered balconies offering nearly 600 square feet of private outdoor living space provide the perfect setting to enjoy spectacular sunsets, entertain guests, or simply take in the views.

Thoughtfully designed for both sophisticated entertaining and effortless everyday living, the residence features a versatile floor plan with two luxurious primary suites, offering flexibility for owners and guests alike. A dramatic mezzanine loft adds another dimension to the home, ideal for an office, lounge, creative retreat, or entertaining.

Meticulously renovated and professionally designed, the penthouse blends contemporary elegance with timeless sophistication, creating a residence that feels as extraordinary as its setting.

The Shore itself offers a distinctly boutique living experience, with approximately half the residences of a typical high-rise. This more intimate atmosphere is complemented by a rare urban luxury: convenient first-floor parking in a separate, premium parking section, with spaces located immediately adjacent to the building entrance—making every arrival and departure remarkably effortless. Secure garage storage adds to the ease of living the highrise lifestyle.

With its unmatched privacy, dramatic architectural scale, breathtaking views, and thoughtful design, The Shore Penthouse represents a distinctive opportunity to experience downtown living without compromise.

At $999/sqft, this home is priced 156% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

603 Davis St #2201, Austin, TX 78701

Property Details

Price $2,495,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 2,498 sqft
Lot Size 0.01 acres (470.45 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Shore A Condo Amd The
County Travis
Zip Code 78701
$/sqft $999/sqft
Days on Market ,
HOA $1,717.5/Monthly
Annual Tax Est. $29,040.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT252340653
List Date November 11, 2026
Elementary School Mathews
Middle School O Henry
High School Austin
School District Austin ISD

Austin ISD

Mathews · O Henry · Austin

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
200 Congress Ave #15E
Austonian Condo Community
$2,499,000 $1,303 2 bd / 2 ba 1,918 sqft , 2026-04-28
610 Davis St #4301
The Modern Austin Residences
$2,425,500 $1,243 3 bd / 3 ba 1,951 sqft , 2026-05-28
1800 Brackenridge St
Swisher Add
$2,399,000 $753 3 bd / 5 ba 3,184 sqft , 2026-09-10
222 West Ave #2201
Seaholm Residences Residential
$2,395,000 $1,075 3 bd / 3 ba 2,227 sqft , 2025-11-13
210 Lavaca St #2105
The Residences at W Austin
$2,599,000 $846 3 bd / 4 ba 3,073 sqft , 2026-04-14

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$11,976/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$499,000
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$11,976
Principal + Interest−$13,616
Property Tax (assumed ~2.1%)−$4,366
Insurance (assumed ~0.5%)−$1,040
Est. Monthly Cash Flow $-7,046

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on November 12, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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