Last list price
Towers Of Town Lake 40 N Interstate 35 Unit 11B2 Austin, TX 78701
Rainey Street Historic District Neighborhood
2
Beds
2
Baths
1,459
Sq Ft
$624/mo
HOA Fee
Highlights
- Concierge
- Lake Front
- Fitness Center
- Mathews Elementary School Rated A
- Boat Ramp
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
As of August 2018Breathtaking direct downtown views from the 11th floor. Spacious, well lit & immaculate 2 bedroom unit. 2 deeded reserved parking 61B & 61C. Interior 1st floor common space has been completely redesigned & updated. Incredible amenities include outdoor & indoor heated pools, 2 fitness centers, racquetball court, library, party & meeting rooms. Walk to hike & bike, Rainey ST & all of downtown. HOA Transfer Fee: 3 months HOA fees into reserves. Furniture is negotiable. Sprinkler Sys:Yes
Last Agent to Sell the Property
Compass RE Texas, LLC License #0610362 Listed on: 04/06/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,773
Year Built
- Built in 1983
Lot Details
- Lake Front
- North Facing Home
- Masonry wall
- Wrought Iron Fence
- Privacy Fence
- Sprinkler System
HOA Fees
- $624 Monthly HOA Fees
Parking
- 2 Car Garage
- Reserved Parking
- Assigned Parking
- Community Parking Structure
Property Views
- Panoramic
Home Design
- Slab Foundation
- Membrane Roofing
- Flat Tile Roof
- Concrete Siding
- Masonry Siding
Interior Spaces
- 1,459 Sq Ft Home
- 1-Story Property
- Crown Molding
- High Ceiling
- Track Lighting
- Window Treatments
- Entrance Foyer
- Dining Room
Kitchen
- Breakfast Bar
- <<builtInOvenToken>>
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Cedar Closet
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Home Security
Pool
- Heated Indoor Pool
- Heated In Ground Pool
- In Ground Spa
Outdoor Features
- Boat Ramp
- Outdoor Grill
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- High Speed Internet
Additional Features
- No Interior Steps
- Agricultural
Listing and Financial Details
- Legal Lot and Block 11B2 / D
- Assessor Parcel Number 02010402160150
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance, insurance, sewer, trash, water
- Towers Of Town Lake Association
- High-Rise Condominium
- Towers Town Lake Condo Amd Subdivision
- Mandatory home owners association
- The community has rules related to deed restrictions
Amenities
- Concierge
- Game Room
- Community Library
- Elevator
Recreation
- Sport Court
- Trails
Security
- Gated Community
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2018
Closed on
Aug 24, 2018
Sold by
Kissner Mark Douglas
Bought by
Dresslar Walter E
Seller's Agent
Josh Baellow
Compass RE Texas, LLC
Buyer's Agent
Dana Takenaka
Central Texas Referral Realty
List Price
$519,000
Sold Price
$476,000
Premium/Discount to List
-$43,000
-8.29%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,099
Avg. Annual Appreciation
4.78%
Original Mortgage
$380,000
Outstanding Balance
$334,088
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$322,731
Purchase Details
Closed on
Jul 13, 1999
Sold by
Town Lake Partners Ltd
Bought by
Kissner Douglas Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,100
Interest Rate
7.39%
Mortgage Type
Commercial
Similar Homes in Austin, TX
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Alamo Title Co | |
| Vendors Lien | -- | Heritage Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | Purchase Money Mortgage | |
| Previous Owner | $258,500 | Commercial | |
| Previous Owner | $277,500 | Credit Line Revolving | |
| Previous Owner | $239,000 | Commercial | |
| Previous Owner | $240,000 | Unknown | |
| Previous Owner | $169,100 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 | -- | -- | -- |
| 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®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Bradley Lewis
B
Seller's Agent in 2023
Bradley Lewis
eXp Realty, LLC
(512) 289-7263
2 Total Sales
-
N
Buyer's Agent in 2023
Non Member
Non Member
-
Elena Leos
E
Seller's Agent in 2021
Elena Leos
Sky Realty
(512) 947-2506
9 Total Sales
-
Josh Baellow
J
Seller's Agent in 2018
Josh Baellow
Compass RE Texas, LLC
(512) 627-4937
34 Total Sales
-
Dana Takenaka
D
Buyer's Agent in 2018
Dana Takenaka
Central Texas Referral Realty
(512) 507-4928
13 Total Sales
About Towers Of Town Lake
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 7307524
APN: 188180
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