Active Listing  ·  19 days on market

610 Davis St #2205

Austin, TX 78701
$1,199,999
2 Bed 2 Bath 1,127 sqft $1,065/sqft Built 2025 0.00 acres 1-Car Garage Pool Modern Austin

Experience luxury in this southwest never lived in corner residence on the 22nd floor of The Modern Austin Residences. This residence exhibits floor to ceiling windows, offering city and water views. The interior features wide plank oak floors, a chef’s kitchen with dark granite countertops, premium Italkraft cabinetry, Wolf kitchen appliances, Bosch refrigerator and Electrolux washer & dryer. Spa like bathrooms elevate relaxation with high end 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, 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 $1,065/sqft, this home is priced 172% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

610 Davis St #2205, Austin, TX 78701

Property Details

Price $1,199,999
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,127 sqft
Lot Size 0.00 acres (39.2 sqft)
Year Built 2025
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Modern Austin
County Travis
Zip Code 78701
$/sqft $1,065/sqft
Days on Market ,
HOA $845/Monthly
Annual Tax Est. $6,742.02
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245001796
List Date September 3, 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
$1,199,000 $813 2 bd / 2 ba 1,474 sqft , 2026-06-24
210 Lavaca St #1902
Condo
$1,195,000 $1,022 2 bd / 2 ba 1,169 sqft , 2026-09-15
501 West Ave #1504
5th and West
$1,215,000 $916 2 bd / 2 ba 1,327 sqft , 2026-09-15
610 Davis St #2408
Modern Austin
$1,235,000 $1,052 2 bd / 2 ba 1,174 sqft , 2026-08-18
610 Davis St #1805
The Modern Austin Residences
$1,239,000 $1,099 2 bd / 2 ba 1,127 sqft , 2026-05-16

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
$5,760/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
$240,000
20% conventional investment loan

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

Estimated Gross Rent+$5,760
Principal + Interest−$6,549
Property Tax (~2.1% TX avg)−$2,100
Insurance (~0.5%)−$500
Est. Monthly Cash Flow $-3,389

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 · 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 →