Active Listing  ·  21 days on market

610 Davis St #3805

Austin, TX 78701
$1,235,000
2 Bed 2 Bath 961 sqft $1,285/sqft Built 2024 0.00 acres 1-Car Garage Pool Modern Austin

Thirty-eight floors up at The Modern, Unit #3805 frames The Fairmont through floor-to-ceiling glass windows, with views from the skyline to the Texas Capitol. This 961 SF two bedroom, two bath condo conveys standout finishes.

With a Sub-Zero fridge, a Wolf gas range, a full-height stone backsplash with under-cabinet lighting, and custom wood cabinetry stretching to the ceiling, the kitchen commands attention. A big island with a built-in microwave drawer opens right into the living room, an entertainer's dream.

Wide-plank oak floors and concrete accent walls give the space some character. The primary bedroom has its own wall of glass and opens to the balcony. The bath has a double vanity with backlit mirrors and a walk-in rain shower.

The Modern’s amenities cover three full levels. There’s a 25-meter pool and spa, a gym and yoga studio, a sky lounge, a dog park, a business center, and 24/7 concierge. Set in the heart of the Rainey Street District, the residence places Austin’s most celebrated dining, nightlife, and the Lady Bird Lake hike-and-bike trail just moments from your door.

At $1,285/sqft, this home is priced 229% 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 #3805, Austin, TX 78701

Property Details

Price $1,235,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 961 sqft
Lot Size 0.00 acres (34.85 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Modern Austin
County Travis
Zip Code 78701
$/sqft $1,285/sqft
Days on Market ,
HOA $725/Monthly
Annual Tax Est. $5,748.92
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249580969
List Date October 22, 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 #2408
The Modern Austin
$1,235,000 $1,052 2 bd / 2 ba 1,174 sqft , 2026-08-18
610 Davis St #1805
The Modern Austin Residences
$1,239,000 $1,099 2 bd / 2 ba 1,127 sqft , 2026-05-16
98 San Jacinto Blvd #2103
Town Lake Residences Condo
$1,245,000 $1,175 1 bd / 1 ba 1,060 sqft , 2026-05-12
610 Davis St #3002
The Modern Austin Residences
$1,200,000 $1,029 2 bd / 2 ba 1,166 sqft , 2026-10-23
610 Davis St #2205
Modern Austin
$1,199,999 $1,065 2 bd / 2 ba 1,127 sqft , 2026-09-03

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
$5,928/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
$247,000
20% conventional investment loan

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

Estimated Gross Rent+$5,928
Principal + Interest−$6,740
Property Tax (assumed ~2.1%)−$2,161
Insurance (assumed ~0.5%)−$515
Est. Monthly Cash Flow $-3,488

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 October 24, 2026.

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

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