Active Listing  ·  1 day on market

610 Davis St #2911

Austin, TX 78701
$600,000
1 Bed 1 Bath 653 sqft $919/sqft Built 2024 0.00 acres 1-Car Garage Pool Modern Austin

Modern luxury living in the heart of downtown Austin. Unit 2911 at The Modern Austin Residences offers 1 bedroom, 1 bathroom, and 653 square feet of sleek, open living space with floor-to-ceiling windows, designer finishes, and premium appliances. Enjoy resort-style amenities including a rooftop pool and lounge, fitness and yoga studios, co-working spaces, and 24-hour concierge service. Located in the vibrant Rainey Street District, you're steps from Lady Bird Lake, dining, nightlife, and everything Austin has to offer.

At $919/sqft, this home is priced 136% 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 #2911, Austin, TX 78701

Property Details

Price $600,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 653 sqft
Lot Size 0.00 acres (26.14 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Modern Austin
County Travis
Zip Code 78701
$/sqft $919/sqft
Days on Market ,
HOA $493/Monthly
Annual Tax Est. $3,315.31
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251873859
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
222 West Ave #1908
Seaholm Residences Residential
$600,000 $872 1 bd / 1 ba 688 sqft , 2026-10-02
44 East Ave #2108
44 East Ave Condos
$610,000 $769 2 bd / 2 ba 793 sqft , 2026-07-05
610 Davis St #3408
Modern Austin
$617,500 $968 1 bd / 1 ba 638 sqft , 2026-10-15
610 Davis St #2110
The Modern Austin Residences
$577,000 $941 1 bd / 1 ba 613 sqft , 2026-05-15
44 East Ave #1509
44 East Ave Condominiums
$624,950 $785 2 bd / 2 ba 796 sqft , 2026-04-08

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
$2,880/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
$120,000
20% conventional investment loan

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

Estimated Gross Rent+$2,880
Principal + Interest−$3,274
Property Tax (assumed ~2.1%)−$1,050
Insurance (assumed ~0.5%)−$250
Est. Monthly Cash Flow $-1,694

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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