About This Home

Experience elevated downtown living at The Modern Austin Residences, Austin’s newest premier luxury tower. This 1-bedroom, 1-bath home features 10’4” ceilings, floor-to-ceiling windows, quartz countertops, and a top-of-the-line Wolf range and cooktop. Enjoy beautiful views of Lady Bird Lake from the private balcony and unwind in the spa-inspired bathroom with a walk-in shower and designer finishes. Residents enjoy over 19,000 sq. ft. of luxury amenities, including a lap pool, fitness center, yoga studio, sky lounge, co-working spaces, and 24/7 concierge service.

At $705/sqft, this home is priced 80% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

610 Davis St #2607, Austin, TX 78701

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Property Details

Price $437,500

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 621 sqft

Lot Size ,

Year Built 2024

Garage ,

Stories ,

Type Residential · Condominium

Subdivision The Modern Austin Residences

County Travis

Zip Code 78701

$/sqft $705/sqft

Days on Market ,

HOA $478.17/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT210675244

List Date October 31, 2025

Elementary School Mathews

Middle School O Henry

High School Austin

School District ,

Have Questions About This Property?

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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · October 31, 2025 $500,000

Previous ask $416,000

Current ask $437,500

▼ Reduced $62,500 (-12.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

1600 Barton Springs Rd #5610
Bartonplace Condo $435,000 $585 1 bd / 1 ba 743 sqft , 2025-09-25

360 Nueces St #1018
Residential Condo Amd 360 $435,000 $572 1 bd / 1 ba 760 sqft , 2026-03-12

67 Anthony St
Driving Park Add $435,000 $906 2 bd / 1 ba 480 sqft , 2026-06-08

360 Nueces St #1112
Residential Condo Amd 360 $440,000 $542 1 bd / 1 ba 812 sqft , 2026-04-24

1600 Barton Springs Rd #1106
Bartonplace Condo $444,000 $598 1 bd / 1 ba 743 sqft , 2026-03-08

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

$2,100/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

$87,500

20% conventional investment loan

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

Estimated Gross Rent+$2,100

Principal + Interest−$2,388

Property Tax (~2.1% TX avg)−$766

Insurance (~0.5%)−$182

Est. Monthly Cash Flow $-1,236

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

610 Davis St #2607