NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit 11A1 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $820,000 - $1,096,863

3 Beds
2 Baths
1,743 Sq Ft
$675/mo HOA Fee

Last Sold June 04, 2013

Current estimated payment $6,342/month

6 Days on Market

Highlights

  • Panoramic View
  • Wood Flooring
  • Walk-In Closet
  • Mathews Elementary School Rated A
  • Detached Garage
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of June 2013

Downtown Condo with unparalleled lake and city views and near-perfect floor plan! Beautiful, tasteful remodel. 3 beds, large living / dining area + den. Excellent storage. Sit on your balcony to enjoy LadyBird Lake and/or watch the bats take flight. Within walking distance to Moonshine, the Four Seasons and downtown. Building amenities include: 24/7 front desk coverage, Indoor/outdoor pool, gym, weight room, racquetball court, billiard/ping pong room, and dry cleaning svcs. Two first floor parking spaces.

Last Agent to Sell the Property

Laura Olesen

Compass RE Texas, LLC License #0519681 Listed on: 03/15/2013

Compass RE Texas, LLC

Last Buyer's Agent

Gene Arant

Keller Williams - Lake Travis License #0436817

Keller Williams - Lake Travis

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,806

Year Built

  • 1983

Lot Details

  • 1,307

HOA Fees

  • $675 Monthly HOA Fees

Property Views

  • Panoramic

Home Design

  • Slab Foundation

Interior Spaces

  • 1,743 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Window Treatments

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Detached Garage
  • Reserved Parking

Utilities

  • Central Heating
  • Electricity To Lot Line
  • Sewer in Street

Listing and Financial Details

  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, sewer fees, trash collection, water fees

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,806

Year Built

1983

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condo
  • Unit Style: Single Level Floor Plan
  • Access Instructions: Key In Lockbox
  • Exclusions: Disability, Homestead, Over 65
  • Restrictions: Yes
  • Total Sq Ft: 1743
  • Steps: No Interior Steps
  • Stories: 1
  • Year Built Exception: Resale
  • Restrictions Type: See Agent
  • Ratio Close Price By List Price: 0.99750
  • Ratio Close Price By Original Li: 0.99750
  • Ratio Close Price By Sq Ft: 343.37
  • Ratio Current Price By Lot Size: 19306451.61
  • Ratio Current Price By Sq Ft: 343.37
  • Ratio List Price By Sq Ft: 344.23
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Master Description: Double Vanity, Full Bath, Walk-In Closet
  • Kitchen: Breakfast Bar, Granite/Marble Counters, Open To Family Room
  • Main Level Bedrooms: 3
  • Interior Amenities: Indoor Utilities, Smoke Detector, Window Treatments, Lighting Recessed, Walk-In Closet
  • Dining Description: Liv/Din Combo
  • View: City, Lake/River, Panoramic
  • Laundry Facilities: Utility/Laundry Room
  • Flooring: Tile - Hard, Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Kitchen Appliances: Built-In Oven(s), Cook Top Electric, Dishwasher, Disposal, Microwave Oven
  • Master Main: Yes
  • Num Dining: 1
  • Num Living: 2
  • Region: Austin - Central

Exterior Features

  • Pool on Property: Yes
  • Waterfront: Yes
  • Waterfront Description: Lake
  • Exterior Features: See Agent
  • Roof: See Agent
  • Construction: See Agent
  • Foundation: Slab
  • Body Of Water: Lady Bird Lake
  • Pool Descron Prop: Heated, Indoor Pool

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: 2 Reserved, Detached, Parking Garage

Utilities

  • Cooling: Central Air
  • Sewer: City At Street
  • Utilities: Electricity On Property
  • Heating: Central Heat
  • Water Source: City

Condo/Co-op/Association

  • HOA: Yes
  • HOA Fee Includes: Common Area Maintenance, Exterior Maintenance, Sewer Fees, Trash Collection, Water Fees
  • Association Fee Frequency: Monthly
  • Association Fee: 675
  • Hoa Name: Towers of Town Lake
  • H O A Requirement: Mandatory

Schools

  • Elementary A: Mathews
  • Intermediary: Yes
  • Middle Intermediate School: O Henry
  • High School: Austin

Lot Info

  • Lot Size Area: 0.031

Tax Info

  • Actual Tax: 10004.99
  • Tax Filled Sqft Total: 1743
  • Tax Rate: 2.38230000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2019
Sold by
Abelson Michael A
Bought by
Abelson Michael A
Current Estimated Value
$942,466

Purchase Details

Listed on
Mar 15, 2013
Closed on
Jun 4, 2013
Sold by
Lavieux Larry John and Lavieux Susan Crawford
Bought by
Abelson Michael
Seller's Agent
Laura Olesen
Compass RE Texas, LLC
Buyer's Agent
Gene Arant
Keller Williams - Lake Travis
List Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$478,800
Outstanding Balance
$339,374
Interest Rate
3.41%
Mortgage Type
Commercial
Estimated Equity
$603,092

Purchase Details

Closed on
Dec 31, 2009
Sold by
Levieux Larry John and Levieux Susan Crawford
Bought by
Levieux Larry John and Levieux Susan Crawford

Purchase Details

Closed on
Oct 17, 2007
Sold by
Barnett Ronny E and Barnett Mary Kay
Bought by
Espinosa Consuelo Hernandez

Purchase Details

Closed on
Sep 22, 1993
Sold by
Emma Page Pty Ltd
Bought by
Barnett Ronny E and Barnett Mary Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.96%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abelson Michael A -- None Available
Abelson Michael -- None Available
Levieux Larry John -- None Available
Espinosa Consuelo Hernandez -- American-Austin Title Co
Barnett Ronny E -- Texas Professional Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abelson Michael $478,800
Previous Owner Barnett Ronny E $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2013 06/04/13 Sold -- -- --
03/21/2013 03/21/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $600,000 -- $344 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,806 $846,947 -- --
2023 $8,160 $699,956 $161,320 $538,636
2022 $12,630 $639,540 $0 $0
2021 $12,655 $581,400 $161,320 $420,080
2020 $13,505 $629,630 $161,320 $468,310
2018 $13,930 $629,200 $134,433 $560,567
2017 $12,756 $572,000 $134,433 $437,567
2016 $13,158 $590,000 $134,433 $455,567
2015 $13,049 $610,000 $168,042 $441,958
2014 $13,049 $584,878 $168,042 $416,836
Source: Public Records

Agents Affiliated with this Home

  • Laura Olesen

    Seller's Agent in 2013

    Laura Olesen

    Compass RE Texas, LLC

    (512) 663-5776

    41 Total Sales

    Laura Olesen
    Section Image
  • Gene Arant

    Buyer's Agent in 2013

    Gene Arant

    Keller Williams - Lake Travis

    (512) 261-1000

    583 Total Sales

    Gene Arant
    Section Image
See All Agents

About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6766638

Unlock MLS (Austin Board of REALTORS®)

APN: 188176

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 11A1, Austin, TX

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