603 Davis ST # 1504, Austin TX 78701

Priced to sell at $599,000, this fabulous 2-bedroom, 2-bathroom condo located on the 15th floor of The Shore offers the lowest price per square foot on the market in the building, making it a rare investment opportunity. With a spacious 1,252 SQ FT floor plan, this home features ample natural lighting, generously sized bedrooms, large closets, a roomy living area, two full baths with walk-in showers, a large bathtub in the main bathroom, and a wrap-around balcony. Built in 2006, the condo boasts spacious and quality construction that is hard to find in newer buildings.

The Shore condominium building boasts an almost perfect score on Google reviews with a 4.9-star rating. This rating is in large part due to its very friendly and helpful 24/7 concierge, cleanliness, security, and range of amenities including a pool and gym. The location provides convenient access to the Town Lake Hike and Bike Trail and is a five-minute drive (or 15-minute walk) to Whole Foods and Target. It is also near the famous bars and restaurants of the Rainey Street Historic District. Lastly, The Shore has a very secure entrance and garage parking, adding to the convenience of this home.

Investors will appreciate the relaxed leasing restrictions since there are no restrictions on the number of leases in the building as long as lease terms are a minimum of one year. The future owner of unit 1504 can also enjoy the potential increased real estate value upon the completion of Rainey Street construction, which is currently depressing the market and home values in the area.

Don’t miss out on this condo that is sure to sell fast!