Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    610 Davis St, Unit 4404 Austin, TX 78701

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $15,200 /Mo ($78 SF/Yr)

    Modern Austin Residences: 3-bed condo with lake and city views.

    Property size:
    2,324 SF
    Lot size:
    2,324 SF

    Property Features for 610 Davis St

    General Information

    Size
    2,324 SF

    Building Details

    Year built
    2025

    We can help!

    Listing Contact
    Kevin Burns
    Kevin Burns
    Source: Kw

    Listing Agent: Kevin Burns

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Luxury Condo with Panoramic Views

    Located on the 44th floor of The Modern Austin Residences, this 3-bedroom, 3.5-bath residence features 2,324 square feet of interior living space and a 222-square-foot private balcony. The balcony offers views of Lady Bird Lake, the Austin skyline, the State Capitol, and the Hill Country. Floor-to-ceiling windows provide natural light, highlighting the open-concept design. The kitchen includes light quartz countertops, an upgraded full-height backsplash, and Wolf appliances. An upgraded wet bar is available. The residence also features wide-plank hardwood flooring and two premium parking spaces with an EV charger. Residents have access to over 19,000 square feet of amenities across three levels, including a 25-meter lap pool and spa, fitness center, yoga studio, sky lounge, indoor and outdoor lounges, a dog park, a business center, and 24/7 concierge service. Situated in the Rainey Street District, the property provides access to dining, nightlife, and the Lady Bird Lake trail. The property is now available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Spa & Massage Center Real Estate Agency Dental Office Hair Salon Nail Salon Restaurant Daycare Center Building Supply Kitchen & Bath Showroom Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.7392423
    Latitude
    30.260389

    Nearby Similar for Lease

    • $6,500 /Mo
      18,604 SF

      East Austin Commercial Space Available

      Flexible commercial space with parking in vibrant East Austin.
      1901 E 12Th St, Austin, TX 78702
      View Details
    • $5,000 /Mo
      7,318 SF

      Renovated Commercial Space with Yard

      Adaptable 2,342 SF commercial space with outdoor area in Austin.
      2008 E 12Th St, Austin, TX 78702
      View Details
    • New
      Contact for pricing

      North MoPac

      Workspaces, services and support to help you work better in North MoPac
      7000 Mo Pac Expy, Austin, TX 78731
      View Details
    • New
      Contact for pricing

      Arboretum Great Hills

      Discover many ways to work your way in Arboretum Great Hills
      9600 Great Hills Trl, Austin, TX 78759
      View Details
    • Sponsored
      New
      Contact for pricing

      Aspen Lake One

      Flexible workspace in West Loop 200 S. Wacker
      13785 Research Blvd, Austin, TX 78750
      View Details
    • New
      Contact for pricing

      River Place

      All-inclusive access to workspace, virtual office and meeting rooms in O'Hare Airport
      6500 River Place Blvd, Austin, TX 78730
      View Details
    • New
      Contact for pricing

      Rialto I

      Flexible workspace in Central Avenue
      7500 Rialto Blvd, Austin, TX 78735
      View Details
    • New
      Contact for pricing

      Dobie Center

      All-inclusive access to workspace, virtual office and meeting rooms in 505 Montgomery
      2021 Guadalupe St, Austin, TX 78705
      View Details
    • Sponsored
      New
      Contact for pricing

      Chase Park

      Meet, work or collaborate in our professional Columbia Center business center
      7600 Chevy Chase Dr, Austin, TX 78752
      View Details
    • New
      Contact for pricing

      Arboretum Plaza

      All-inclusive access to workspace, virtual office and meeting rooms in One Lincoln center
      9442 Plz 1, Austin, TX 78759
      View Details
    • New
      Contact for pricing

      Lamar Central

      Meet, work or collaborate in our professional Columbia Center business center
      3800 Lamar Blvd, Austin, TX 78756
      View Details
    • New
      Contact for pricing

      Barton Springs

      Meet, work or collaborate in our professional Columbia Center business center
      901 Mo Pac Expy, Austin, TX 78746
      View Details

    FAQs

    What type of property is this?
    Apartment building - Modern Austin Residences: 3-bed condo with lake and city views.
    Where is this apartment building located?
    The property is located at 610 Davis St, Unit 4404 Austin, TX.
    What is the lease rate?
    The lease rate is $78 SF/Yr.
    What are key features of this property?
    This property features: - Sweeping views of Lady Bird Lake, Austin skyline, State Capitol, and Hill Country from a private balcony.; - Premium amenities including a 25-meter lap pool and spa, fitness center, sky lounge, dog park, and 24/7 concierge service.; - Located in the Rainey Street District with unmatched access to dining, nightlife, and the Lady Bird Lake trail.
    (512) 457-8884
    Request Owner's contact information
    610 Davis St, Unit 4404 Austin, TX 78701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    610 Davis St, Unit 4404
    Austin, TX 78701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    610 Davis St, Unit 4404 Austin, TX 78701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kevin Burns
    Kevin Burns
    Real Estate License ID: 0456804
    (512) 457-8884 (512) 848-8722
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!