Active Listing  ·  4 days on market

603 Davis St #907

Austin, TX 78701
$330,000
1 Bed 1 Bath 879 sqft $375/sqft Built 2006 0.00 acres 1-Car Garage Pool Shore A Condo Amd The

A Downtown Austin Win, Just in Time for Football Season

With Austin riding a wave of Longhorn energy, 603 Davis #907 at The Shore might be the easiest lock-and-leave downtown for game weekends, quick city trips, or full-time living.

This 879-square-foot one-bedroom with a versatile bonus room was just refreshed with new wood floors and fresh paint throughout, including the ceilings. The open living plan leads out to a private patio with real outdoor space in the heart of downtown. The kitchen has quartz counters and stainless appliances, and the bonus room flexes into an office, a workout room, media space, or an oversized closet, whatever the buyer needs.

The location does the rest. Steps from the Lady Bird Lake trail and Rainey Street, about 1.8 miles from DKR Memorial Stadium, with concierge, a pool, a fitness center, and reserved parking waiting at home.

For a buyer who wants a downtown foothold without the upkeep, #907 is freshly updated, easy to own, and priced right.

Call it the two-minute drill for UT season: land in Austin, lock up, and head for kickoff. No yard, no maintenance marathon, just a home base ready for game day and everything else Austin has to offer.

1 Bed | 1 Bath | Bonus Room | 879 SF | Private Patio | Reserved Parking

Sometimes the simplest play is the best one. #907 is ready to score.

At $375/sqft, this home is 5% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

603 Davis St #907, Austin, TX 78701

Property Details

Price $330,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 879 sqft
Lot Size 0.00 acres (165.53 sqft)
Year Built 2006
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Shore A Condo Amd The
County Travis
Zip Code 78701
$/sqft $375/sqft
Days on Market ,
HOA $459/Monthly
Annual Tax Est. $7,718.53
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245390376
List Date September 18, 2026
Elementary School Mathews
Middle School O Henry
High School Austin
School District ,

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.

Schedule a Call →

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
505 W 7th St #113
Posada Del Rey Condo Amd
$324,999 $495 1 bd / 1 ba 656 sqft , 2026-05-21
802 S 1st St #207
Bouldin Creek Condos
$315,000 $544 1 bd / 1 ba 579 sqft , 2026-07-15
54 Rainey St #811
Milago Condo Amd
$349,000 $462 1 bd / 1 ba 756 sqft , 2026-06-05
505 W 7th St #308
Posada Del Rey Condo Amd
$349,900 $494 1 bd / 1 ba 709 sqft , 2026-06-05
908 Nueces St #14
Celias Court Condominiums
$349,990 $406 1 bd / 1 ba 862 sqft , 2026-04-17

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
$1,584/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
$66,000
20% conventional investment loan

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

Estimated Gross Rent+$1,584
Principal + Interest−$1,801
Property Tax (~2.1% TX avg)−$578
Insurance (~0.5%)−$138
Est. Monthly Cash Flow $-933

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 · 30 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. This page was last updated on September 19, 2026.

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