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2 bed, 2 bath, 1,174 sqft in Downtown Austin. Austin, TX 78701. Asking rent $4,850/mo, leased May 17, 2026. Austin ISD.
About This Home
Important highlights Unit 2608 includes motorized shades for privacy. Also, Refrigerator, Washer/dryer, Ceiling fans with lights in the bedrooms, along with modern light in the living room and in the kitchen move in ready for the tenant. Be the first to live in this brand-new larger 2 Bed / 2 Bath residence at The Modern! This stunning condo features hardwood floors throughout, floor-to-ceiling windows with abundant natural light, and a sleek chef’s kitchen with Wolf gas range, custom cabinetry, and under-cabinet lighting. The spacious primary suite includes a dual vanity, walk-in closet, and seamless glass shower. Residents enjoy resort-style amenities including a pool deck with outdoor TVs, fitness center, yoga/Pilates room, multiple lounges and event spaces, conference rooms, and dedicated dog facilities. One reserved garage parking space included. Located in the heart of Downtown Austin—just off Rainey Street and across from Hotel Van Zandt—you’re steps from Royal Blue, Emmer & Rye, Banger’s, Cantina 512, and all of Austin’s premier nightlife and dining. Walk to the Hike & Bike Trail, The Four Seasons, and everything downtown has to offer!
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts.
The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake.
The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views.
Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance.
Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
School District: Austin ISD
View Downtown Austin neighborhood guide- Property Type
- Residential Lease
- Year Built
- 2025
- Garage
- 1 spaces
Listing information last updated May 20, 2026.
Listed by eXp Realty, LLC
MLS# 8006358 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- Quartz Counters
- Double Vanity
- Open Floorplan
- Primary Bedroom on Main
- Recessed Lighting
- Walk-In Closet(s)
- Built-In Gas Range
- Built-In Oven(s)
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Washer
- Dryer
- Tile
- Wood
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Assigned
- Garage
- Garage Spaces
- 1
Financial
- Original List Price
- $6,500
- Price per Sq Ft
- $4
Utilities
- Electricity Available
- Sewer
- Public Sewer
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $4,850
- Original list
- $6,500
- Price movement
- $1.7K reduction
- Listed / DOM
- Sep 5, 2025
Zoned Schools
Austin
O Henry
Mathews
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($970)
Adjustable assumption - not a lending recommendation.
Home price
$4,850
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$4,850
Price per sqft
$4/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$1.7K reduction
$6.5K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 18, 2026.
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