603 Davis

Austin, TX 78701

$475,000

1 beds
1 baths
1,029 sq ft
Built 2006

Listed by Compass RE Texas, LLC · MLS #ACT1868069

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The true showstopper is the expansive 8th-floor balcony.

Year built

Built in 2006.

Garage parking

2 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Experience the pulse of downtown Austin from this elevated retreat above the vibrant Rainey Street District. Perfectly positioned with immediate access to the Lady Bird Lake Hike and Bike Trail, Residence 811 offers a sophisticated blend of urban energy and serenity.
This thoughtfully designed one-bedroom plus office nook has been refreshed with new luxury vinyl plank flooring and fresh paint. Natural light pours into the living space, highlighting elegant stone accent walls that add texture and warmth. The kitchen is a chef’s delight, anchored by granite countertops and sleek stainless steel appliances. When it’s time to unwind, the spacious bathroom serves as a private spa with its double vanity, deep soaking tub, and separate walk-in shower.
The true showstopper is the expansive 8th-floor balcony. Step outside to take in 180-degree views of Lady Bird Lake, spectacular Texas sunsets, and a front-row seat to the holiday fireworks over Auditorium Shores.
Life at The Shore means enjoying a suite of premium amenities, including a 24-hour concierge, a fitness center, and a fenced dog area. The pool deck is an entertainer's dream, featuring BBQ grills, a cozy fireplace, and a shaded gazebo for breezy afternoons. Best of all, this unit includes two dedicated parking spaces in the secure garage—a rare find in the heart of the city.

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THE NEIGHBORHOOD

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603 Davis, Austin, TX 78701

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 2006
Full baths: 1
Half baths: 0
Garage spaces: 2
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Refrigerator, Washer
Flooring: Vinyl
Fencing: None
Accessibility: None
Pool features: None
Subdivision: Shore A Condo Amd The
Parcel: 02030315560000
HOA: THE SHORE, a Condominium
HOA amenities: Common Area Maintenance, Parking, Trash, Water
HOA fee frequency: Monthly
Elementary school: Mathews
Middle school: O Henry
High school: Austin
Annual property tax: $8,652.64
HOA fee: $658.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$48.66

Estimated monthly rent$1,979.17

Cap rate0.37%

Annual operating income: $1,771.39

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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603 Davis, Austin, TX 78701 · MLS #ACT1868069

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Listing information

MLS #ACT1868069 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Mylie Alrich

Listing status: Active. Record updated August 1, 2026. Confirm current availability and price with the listing agent.