Active Listing  ·  10 days on market

610 Davis St #3308

Austin, TX 78701
$1,350,000
2 Bed 2 Bath 1,174 sqft $1,150/sqft Built 2025 0.00 acres 1-Car Garage Pool Modem Austin

Thirty-three floors up, the whole city shows up at your window. This northwest-facing residence at The Modern captures downtown skyline and Lady Bird Lake river views through floor-to-ceiling glass, with a covered balcony built for sunrise. Inside, a chef's kitchen features modern counters, an oversized center island, Italkraft cabinetry, Wolf gas range, and Bosch dishwasher and Microwave. The primary bath brings stylish dual vanities, floating lighted mirrors, and an oversized walk-in shower. Hardwood and tile flooring, one reserved parking space. Downstairs, over 19,000 square feet of amenities across three levels: 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, and the Modern Bar at street level. All of it in Rainey Street, where the best of Austin's dining, nightlife, and lake trails start right outside your lobby.

At $1,150/sqft, this home is priced 193% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

610 Davis St #3308, Austin, TX 78701

Property Details

Price $1,350,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,174 sqft
Lot Size 0.00 acres (43.56 sqft)
Year Built 2025
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Modem Austin
County Travis
Zip Code 78701
$/sqft $1,150/sqft
Days on Market ,
HOA $885/Monthly
Annual Tax Est. $7,022.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246183969
List Date September 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
200 Congress Ave #23C
Austonian Condo Community
$1,390,000 $949 2 bd / 2 ba 1,464 sqft , 2025-10-17
98 San Jacinto Blvd #2203
Town Lake Residences Condo
$1,300,000 $1,226 1 bd / 1 ba 1,060 sqft , 2026-02-19
98 San Jacinto Blvd #2103
Town Lake Residences Condo
$1,300,000 $1,226 1 bd / 1 ba 1,060 sqft , 2026-05-12
70 Rainey St #2208
70 Rainey
$1,295,000 $903 2 bd / 2 ba 1,434 sqft , 2026-03-30
70 Rainey St #1908
70 Rainey Residences
$1,290,000 $900 2 bd / 2 ba 1,434 sqft , 2026-06-19

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
$6,480/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
$270,000
20% conventional investment loan

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

Estimated Gross Rent+$6,480
Principal + Interest−$7,368
Property Tax (~2.1% TX avg)−$2,363
Insurance (~0.5%)−$563
Est. Monthly Cash Flow $-3,814

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 September 18, 2026.

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