Active Listing  ·  80 days on market

610 Davis St #1805

Austin, TX 78701
$1,239,000
2 Bed 2 Bath 1,127 sqft $1,099/sqft Built 2025 1-Car Garage Pool New Construction The Modern Austin Residences

Experience unparalleled luxury in this expansive southwest corner residence on the 18th floor of The Modern Austin Residences. This thoughtfully designed home boasts floor-to-ceiling windows throughout, offering stunning city views and abundant natural light. The sophisticated interior features wide-plank oak floors, a chef’s kitchen with elegant light quartz countertops and full height backsplash, premium Italkraft cabinetry, and top-of-the-line Wolf and Bosch appliances. Spa-inspired bathrooms elevate relaxation with exquisite finishes and designer tiles. Relax with morning coffee or enjoy an evening beverage on the south facing covered balcony. Residents enjoy access to over 19,000 sq ft of world-class amenities, including a 25-meter heated lap pool, state-of-the-art fitness center, yoga studio, dog park, sky lounge, conference rooms, 24/7 concierge service, and the Modern Bar located on the ground level. Perfectly situated in the vibrant Rainey Street District, just one block from the Lady Bird Lake trail, this desirable location offers premier dining, entertainment, and nightlife all within easy walking distance.

At $1,099/sqft, this home is priced 182% 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

610 Davis St #1805, Austin, TX 78701

Property Details

Price $1,239,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,127 sqft
Lot Size ,
Year Built 2025
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision The Modern Austin Residences
County Travis
Zip Code 78701
$/sqft $1,099/sqft
Days on Market ,
HOA $856/Monthly
Annual Tax Est. $6,646
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT230359098
List Date May 16, 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.

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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
301 West Ave #1204
Independent Condos
$1,249,900 $848 2 bd / 2 ba 1,474 sqft , 2026-06-24
1179 Poquito St
Foster
$1,250,000 $887 2 bd / 2 ba 1,410 sqft , 2026-05-15
84 East Ave #3801
Rainey District
$1,199,000 $927 2 bd / 2 ba 1,293 sqft , 2026-07-30
1711 Eva St
Swisher Add
$1,195,000 $854 2 bd / 3 ba 1,400 sqft , 2026-05-29
98 San Jacinto Blvd #2203
Town Lake Residences Condo
$1,300,000 $1,226 1 bd / 1 ba 1,060 sqft , 2026-02-19

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
$5,947/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
$247,800
20% conventional investment loan

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

Estimated Gross Rent+$5,947
Principal + Interest−$6,762
Property Tax (~2.1% TX avg)−$2,168
Insurance (~0.5%)−$516
Est. Monthly Cash Flow $-3,499

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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