Active Listing  ·  56 days on market

610 Davis St #3001

Austin, TX 78701
$565,000
1 Bed 1 Bath 614 sqft $920/sqft Built 2025 Pool New Construction The Modern Austin Residences

Elevated urban living in this thoughtfully designed 1 bed, 1 bath residence on the 30th floor of The Modern. Floor-to-ceiling glass frames panoramic city views and a private covered balcony invites you outdoors. The kitchen features stunning dark quartz countertops, Italkraft cabinetry, Wolf gas range and microwave, and Bosch dishwasher. The luxurious bath indulges with matching dark quartz vanity countertop with floating lighted mirror, shower with soaking tub, designer tiles and contemporary fixtures. Additional highlights include hardwood + tile flooring throughout. Residents enjoy over 19,000 sq ft of curated amenities across three levels, including a 25-meter pool and spa, fitness center and yoga studio, indoor and outdoor lounges, dog park and wash station, business center and conference rooms, sky lounge with catering kitchen, 24/7 concierge service, and the Modern Bar located on the ground level. Perfectly positioned in the Rainey Street District, The Modern offers unmatched access to Austin’s best restaurants, nightlife, and the scenic trail along Lady Bird Lake.

At $920/sqft, this home is priced 135% 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 #3001, Austin, TX 78701

Property Details

Price $565,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 614 sqft
Lot Size ,
Year Built 2025
Garage ,
Stories ,
Type Residential · Condominium
Subdivision The Modern Austin Residences
County Travis
Zip Code 78701
$/sqft $920/sqft
Days on Market ,
HOA $473/Monthly
Annual Tax Est. $2,890
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT235540784
List Date June 9, 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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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 · June 9, 2026 $567,000
Previous ask $625,250
Current ask $565,000
Reduced $2,000 (-0.4%) 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
222 West Ave #1412
Seaholm Residences Residential
$565,000 $688 1 bd / 1 ba 821 sqft , 2026-06-01
1122 Colorado St #1202
Westgate Condo Amd
$560,000 $688 1 bd / 1 ba 814 sqft , 2026-07-30
2323 S Lamar Blvd #202
Precision Add
$559,000 $754 1 bd / 1 ba 741 sqft , 2026-05-08
1102 N Cuernavaca Dr
Austin Lake Hills Sec 03
$575,000 $831 1 bd / 1 ba 692 sqft , 2026-07-06
610 Davis St #2110
The Modern Austin Residences
$550,350 $898 1 bd / 1 ba 613 sqft , 2026-05-15

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
$2,712/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
$113,000
20% conventional investment loan

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

Estimated Gross Rent+$2,712
Principal + Interest−$3,083
Property Tax (~2.1% TX avg)−$989
Insurance (~0.5%)−$235
Est. Monthly Cash Flow $-1,595

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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