The Modern Austin Residences is a 56-story condominium tower in Rainey Street, downtown Austin, completed in 2025. Designed by Nelsen Partners and developed by Urbanspace, it holds 346 residences, rising about 591 feet at 610 Davis Street.
On the Austin Standard, The Modern Austin Residences earns a Standard Score of 8.52, placing it in the Gold tier and ranking #2 of 34 scored downtown buildings. Its strongest dimensions are Age (10.0) and Views (9.0); the lowest is Market (7.0).
For-sale condominiums by Urbanspace (who also sold The Independent and Seaholm).
The numbers
Built
2025
Floors
56
Units
346
Height
591 ft
Inside the building
Every unit on record at The Modern Austin Residences, by floor — assessed $/sqft, sizes, and values. Tap a floor to expand, then a unit for its detail.
Assessed $/sqft by floor — the view premium
Floor 18Floor 55
Building value trend (median)
+0% 2025–2025
2025 · $229k2026 (prelim) · $286k
TCAD appraised (market) value by tax year — a relative signal of how the county values this property over time, not a sale price (Texas is non-disclosure). The 2026 value is preliminary (pre-protest) and typically settles lower once certified.
Score breakdown
Seven dimensions, each scored 0–10, averaged into the Standard Score.
LocationWalk, transit and bike access, averaged.
8.2
AgeNewer construction scores higher, on a fixed curve.
10.0
MarketShare of units on-market and days-on-market (live MLS feed pending).
7.0
AmenitiesConcierge, pool, fitness and parking, plus standout extras.
8.8
QualityBuild quality measured against cost of living.
8.7
ViewsHeight, exposure and water or park sightlines.
9.0
SocialRental rates, occupancy and lifestyle options.
8.0
Amenities
ConciergePoolFitness centerOn-site parking
STR-restricted
Short-term rental potential
Residential zoning and HOA rules typically cap or ban short-term rentals here.
$25k+filed revenue / unit · year
InnKing area benchmark for 78701 — area-level, not building-specific · as of 2026-06