Active Listing  ·  42 days on market

610 Davis St #3009

Austin, TX 78701
$675,000
1 Bed 1 Bath 660 sqft $1,023/sqft Built 2024 0.00 acres 1-Car Garage Pool The Modern Austin Residences

Perched on the 30th floor of The Modern Austin Residences, this one-bedroom, one-bath home looks straight out over the downtown skyline. Floor-to-ceiling windows fill the living space with light from morning to evening, and the covered balcony is the kind of spot you actually use, whether that's coffee at sunrise or watching the city light up at night. The views stretch across downtown and never get old. Inside, exposed concrete and wood floors give the home a warm, modern feel that photographs well and lives even better. The kitchen was built for people who cook, with a Wolf gas range, quartz countertops, illuminated open shelving, and plenty of cabinet space. The bathroom keeps the same standard, with a dual-sink vanity and a glass-enclosed walk-in shower in large-format tile. The amenities at The Modern are hard to beat. More than 19,000 square feet across three levels, all furnished and thoughtfully designed, including a resort-style pool and spa deck, fitness and yoga studios, owners' lounges, co-working spaces, and guest suites for out-of-town visitors. Multiple outdoor lounges and terraces give you room to spread out, and there's even a dog park and dog wash on site. The curated furnishings throughout make the shared spaces feel more boutique hotel than high-rise. A 24-hour concierge and secure garage parking handle the day-to-day. And then there's the location. You're in the heart of the Rainey Street District, a short walk from Lady Bird Lake, the hike-and-bike trail, and some of the best restaurants and nightlife in Austin. Downtown is right there when you want it, and the lake trail is right there when you don't. It's a rare mix of high-rise views, real warmth, and a neighborhood you can enjoy on foot. Come see what the 30th floor at The Modern looks like in person!

At $1,023/sqft, this home is priced 160% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

610 Davis St #3009, Austin, TX 78701

Property Details

Price $675,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 660 sqft
Lot Size 0.00 acres (21.78 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision The Modern Austin Residences
County Travis
Zip Code 78701
$/sqft $1,023/sqft
Days on Market ,
HOA $500/Monthly
Annual Tax Est. $3,948.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242695341
List Date August 12, 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
48 East Ave #2108
Natiivo
$675,000 $841 1 bd / 1 ba 803 sqft , 2026-03-25
48 East Ave #3008
Natiivo Austin
$685,000 $853 1 bd / 1 ba 803 sqft , 2026-01-23
48 East Ave #1305
Nativo Austin
$660,000 $935 1 bd / 1 ba 706 sqft , 2023-11-01
222 West Ave #1808
Seaholm Residences Residential
$650,000 $945 1 bd / 1 ba 688 sqft , 2026-07-10
1702 Willow St
Riverside
$650,000 $749 2 bd / 1 ba 868 sqft , 2026-09-02

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
$3,240/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
$135,000
20% conventional investment loan

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

Estimated Gross Rent+$3,240
Principal + Interest−$3,684
Property Tax (~2.1% TX avg)−$1,181
Insurance (~0.5%)−$281
Est. Monthly Cash Flow $-1,906

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 August 19, 2026.

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