Active Listing  ·  20 days on market

610 Davis St #3002

Austin, TX 78701
$1,200,000
2 Bed 2 Bath 1,166 sqft $1,029/sqft Built 2024 1-Car Garage Pool The Modern Austin Residences

Be the FIRST to call this stunning residence at The Modern home! Located in the heart of the vibrant Rainey Street District, this never-lived-in, southeast-facing condo delivers a front-row seat to the Austin skyline, beautiful views of Lady Bird Lake, and a lifestyle that puts the very best of downtown right outside your door. Perched on the 30th floor, this residence offers 2 BD | 2 BA and a sleek, modern interior wrapped in floor-to-ceiling windows. Natural light pours into the open living spaces, while a private balcony invites you to take in the incredible views. Rich hardwood flooring, sleek finishes, and clean lines create a contemporary atmosphere throughout. The kitchen makes a statement with dramatic quartzite countertops, center island and premium Bosch appliances. The primary bathroom features a striking leathered Absolute Black granite vanity, while the secondary bath offers a lighter quartz finish. A washer and dryer and reserved parking space add everyday convenience. The Modern takes luxury living to another level with resort-style amenities, including a 25-meter pool and spa, fitness and yoga studios, indoor and outdoor lounges, a sky lounge with spectacular city views, dog park and wash station, 24/7 concierge service, and MORE! Whether you're working, entertaining, or unwinding, it's all right at your fingertips. The location is pure Austin Energy! Step outside and you're surrounded by Rainey Street's eclectic restaurants, lively patios, cocktail bars, and nightlife. Grab coffee at a neighborhood café, meet friends for dinner, or enjoy live music without the hassle of driving. Lady Bird Lake and its scenic hike-and-bike trails are just a short walk away, putting morning runs, paddleboarding, and waterfront sunsets within easy reach. Downtown's entertainment, shopping, and cultural destinations are all part of the experience. NEVER LIVED IN. UNBELIEVABLE AMENITIES. AN ADDRESS THAT PUTS AUSTIN AT YOUR FEET.

At $1,029/sqft, this home is priced 164% 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 #3002, Austin, TX 78701

Property Details

Price $1,200,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,166 sqft
Lot Size ,
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision The Modern Austin Residences
County Travis
Zip Code 78701
$/sqft $1,029/sqft
Days on Market ,
HOA $856/Monthly
Annual Tax Est. $6,975.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250560823
List Date October 23, 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
610 Davis St #2205
Modern Austin
$1,199,999 $1,065 2 bd / 2 ba 1,127 sqft , 2026-09-03
210 Lavaca St #1902
Condo
$1,195,000 $1,022 2 bd / 2 ba 1,169 sqft , 2026-09-15
610 Davis St #2408
The Modern Austin
$1,235,000 $1,052 2 bd / 2 ba 1,174 sqft , 2026-08-18
610 Davis St #3805
Modern Austin
$1,235,000 $1,285 2 bd / 2 ba 961 sqft , 2026-10-22
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 (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$5,760
Principal + Interest−$6,549
Property Tax (assumed ~2.1%)−$2,100
Insurance (assumed ~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 · 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 6, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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