Active Listing  ·  42 days on market

610 Davis St #3804

Austin, TX 78701
$3,266,250
3 Bed 4 Bath 2,324 sqft $1,405/sqft Built 2025 2-Car Garage Pool New Construction The Modern Austin Residences

This expansive northwest corner residence with 3 bedrooms, 3.5 baths + study on the 38th floor of The Modern Austin Residences offers over 2,300 sqft of refined interior living space and a 222 sqft private balcony showcasing sweeping views of Lady Bird Lake, the Austin skyline, the State Capitol, and the Hill Country. Expansive floor-to-ceiling windows fill the home with natural light, accentuating elevated finishes and a seamless open-concept design. The chef’s kitchen is appointed with light quartz countertops, Wolf appliances including SubZero refrigerator, six-burner range and microwave, and Italkraft cabinetry. The elegant primary bath is a welcome oasis showcasing a curated selection of designer tiles, walk-in shower and soaking tub, dual vanity with backlit mirrors and spacious walk-in closet. The secondary bedroom features an en-suite bath for added privacy. Additional highlights include wide-plank hardwood flooring and two reserved parking spaces. Residents of The Modern enjoy over 19,000 sqft of curated amenities across three levels, including a 25-meter lap pool and spa, fitness center, yoga studio, sky lounge, indoor and outdoor lounges, dog park, business center, 24/7 concierge service, and the Modern Bar located on the ground level. Perfectly situated in the Rainey Street District, The Modern offers unmatched access to Austin’s best dining, nightlife, and a vibrant urban lifestyle with easy access to the Lady Bird Lake trail, Waterloo Greenway and The Confluence.

At $1,405/sqft, this home is priced 259% 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 #3804, Austin, TX 78701

Property Details

Price $3,266,250
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,324 sqft
Lot Size ,
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision The Modern Austin Residences
County Travis
Zip Code 78701
$/sqft $1,405/sqft
Days on Market ,
HOA $1,789/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT237390188
List Date June 23, 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.

Schedule a Call →

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
2503 Manana St
Manana West
$3,250,000 $1,548 3 bd / 3 ba 2,100 sqft , 2026-05-08
1406 W 9th St #301
Westline Austin
$3,350,000 $1,148 3 bd / 3 ba 2,919 sqft , 2025-03-18
1102 Charlotte St
Silitt Add
$3,399,950 $1,100 4 bd / 4 ba 3,090 sqft , 2026-07-23
10500 W SH 71 None #909
White Rocks Entertainment
$3,442,281 $1,844 2 bd / 3 ba 1,867 sqft , 2026-06-12
210 Lavaca St #2301
Condo
$3,500,000 $1,792 2 bd / 3 ba 1,953 sqft , 2026-01-27

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
$15,678/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
$653,250
20% conventional investment loan

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

Estimated Gross Rent+$15,678
Principal + Interest−$17,825
Property Tax (~2.1% TX avg)−$5,716
Insurance (~0.5%)−$1,361
Est. Monthly Cash Flow $-9,224

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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