Towers Of Town Lake 40 N Interstate 35 Unit 11B2 Austin, TX 78701
Rainey Street Historic District NeighborhoodEstimated payment $5,369/month
Highlights
- Concierge
- Laundry Service
- Basketball Court
- Lake Front
- Indoor Pool
- 24-Hour Security
About This Home
*** Agent is also owner ** Welcome to the Towers of Town Lake, where resort-style amenities, expansive green space, and one of downtown Austin's most desirable locations come together to create an exceptional lifestyle. This upper-floor residence offers 1,459 square feet with two bedrooms, two full bathrooms, and a thoughtfully designed split-bedroom floor plan that provides excellent separation of space. Floor-to-ceiling windows in the living room fill the home with natural light while showcasing beautiful downtown skyline views. Situated behind a gated entrance on nearly seven acres of landscaped grounds, the Towers of Town Lake offers a rare sense of privacy and open space just minutes from downtown. Enjoy convenient access to the new Rainey Street Trailhead, connecting you to Lady Bird Lake, miles of hike-and-bike trails, parks, restaurants, entertainment, and the best of downtown Austin. Residents enjoy an outstanding collection of amenities, including indoor and outdoor pools, a fitness center, beautifully maintained common areas, 24-hour concierge service, on-site management and maintenance staff, and two deeded parking spaces. The homeowner's association is financially strong, with healthy reserve funding, ongoing capital improvements, and a comprehensive 15-year structural improvement plan that reflects a commitment to the property's long-term stewardship. Offering significantly more living space than many newer downtown condominiums, combined with extensive amenities, generous green space, a gated setting, and an exceptional location, this residence presents a rare opportunity to enjoy downtown Austin living at an outstanding value.
Listing Agent
eXp Realty, LLC Brokerage Phone: (512) 289-7263 License #0793748 Listed on: 07/01/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,173
Year Built
- Built in 1983
Lot Details
- Lake Front
- River Front
- Northeast Facing Home
- Private Entrance
- Security Fence
- Gated Home
- Property is Fully Fenced
- Landscaped
- Few Trees
HOA Fees
- $1,145 Monthly HOA Fees
Parking
- 2 Car Garage
- Community Parking Structure
Home Design
- Slab Foundation
- Membrane Roofing
- Synthetic Stucco Exterior
Interior Spaces
- 1,459 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wired For Sound
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Chandelier
- Track Lighting
- Blinds
- Sauna
- Laundry closet
Kitchen
- Free-Standing Electric Range
- Microwave
- Dishwasher
- Granite Countertops
- Tile Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Cedar Closet
- Walk-In Closet
- 2 Full Bathrooms
- Double Vanity
Accessible Home Design
- Accessible Elevator Installed
- Accessible Common Area
Eco-Friendly Details
- Sustainability products and practices used to construct the property include onsite recycling center
Pool
- Indoor Pool
- Gunite Pool
- Spa
- Waterfall Pool Feature
- Fence Around Pool
Outdoor Features
- Basketball Court
- Uncovered Courtyard
- Exterior Lighting
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Air
- Heating Available
- Natural Gas Not Available
- Well
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 02010402160150
- Tax Block D
Community Details
Overview
- Association fees include common area maintenance, landscaping, ground maintenance, maintenance structure, parking, pest control, sewer, water
- Towers Of Town Lake Association
- Towers Town Lake Condo Amd Subdivision
- Lock-and-Leave Community
- On-Site Maintenance
- Community Lake
Amenities
- Concierge
- Laundry Service
- Courtyard
- Common Area
- Sauna
- Recycling
- Clubhouse
- Game Room
- Meeting Room
- Lounge
- Community Library
- Planned Social Activities
- Community Mailbox
Recreation
- Community Pool
- Trails
Security
- 24-Hour Security
- Controlled Access
- Gated Community
Map
About Towers Of Town Lake
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,351 | $505,777 | $133,977 | $371,800 |
| 2023 | $10,186 | $563,000 | $133,977 | $429,023 |
| 2022 | $10,335 | $523,326 | $133,977 | $389,349 |
| 2021 | $10,021 | $460,401 | $133,977 | $326,424 |
| 2020 | $10,213 | $476,139 | $133,977 | $342,162 |
| 2018 | $10,184 | $460,000 | $111,648 | $348,352 |
| 2017 | $9,716 | $435,685 | $111,648 | $327,352 |
| 2016 | $8,833 | $396,077 | $111,648 | $332,352 |
| 2015 | $7,220 | $360,070 | $139,559 | $264,441 |
| 2014 | $7,220 | $327,336 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2026 07/29/26 | Price Changed | $599,000 | -1.8% | $411 / Sq Ft | |
| 07/01/2026 07/01/26 | For Sale | $610,000 | 0.0% | $418 / Sq Ft | |
| 06/14/2023 06/14/23 | Rented | $2,900 | 0.0% | -- | |
| 06/12/2023 06/12/23 | Under Contract | -- | -- | -- | |
| 04/14/2023 04/14/23 | For Rent | $2,900 | +11.5% | -- | |
| 05/25/2021 05/25/21 | Rented | $2,600 | -8.8% | -- | |
| 05/07/2021 05/07/21 | Under Contract | -- | -- | -- | |
| 04/02/2021 04/02/21 | Price Changed | $2,850 | -5.0% | $2 / Sq Ft | |
| 02/11/2021 02/11/21 | For Rent | $3,000 | 0.0% | -- | |
| 08/24/2018 08/24/18 | Sold | -- | -- | -- | View Prior Sale |
| 06/23/2018 06/23/18 | Pending | -- | -- | -- | |
| 06/04/2018 06/04/18 | Price Changed | $494,900 | -1.0% | $339 / Sq Ft | |
| 05/03/2018 05/03/18 | Price Changed | $499,900 | -3.7% | $343 / Sq Ft | |
| 04/06/2018 04/06/18 | For Sale | $519,000 | -- | $356 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8668457
APN: 188180
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Ask me questions while you tour the home.