$610,000

Towers Of Town Lake 40 N Interstate 35 Unit 11B2 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated payment $5,371/month

2 Beds
2 Baths
1,459 Sq Ft
$418 Price per Sq Ft

Highlights

  • Concierge
  • Lake Front
  • Indoor Pool
  • Mathews Elementary School Rated A
  • Laundry Service
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

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

Bradley Lewis

eXp Realty, LLC Brokerage Phone: (512) 289-7263 License #0793748 Listed on: 07/01/2026

eXp Realty, LLC

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

  • Trails

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,173

Year Built

Built in 1983

Lot Details

1,128 Sq Ft Lot

HOA Fees

$1,145 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1983
  • Direction Faces: Northeast
  • Directions: From southbound I-35, take the Riverside Drive exit. Stay on the frontage road and turn right just before the Holiday Inn and convenience store. Enter through the first gate on your right. Use the box to contact the concierge, who will grant you access to the community.
  • Disclosures: Owner/Agent, Seller Disclosure
  • Fencing: Fenced, Full, Gate, Security
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: Onsite Recycling Center
  • Levels: One
  • Living Area: 1459
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 289-7263
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 11173.00
  • FEMA Flood Plain: No,Yes-500 yr
  • Current Price Lot Size Squ: 540.68
  • Current Price By Living Ar: 418.09
  • Current Price By Original : 1.00
  • List Price Lot Size Square: 540.68
  • List Price By Living Area: 418.09
  • List Price By Original Lis: 1.00
  • Restrictions: Covenant,Lease
  • Tax Exemptions: None
  • Unit Style: High Rise (8-13 Stories)
  • ACT_HomeOfficeYN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Cedar Closet(s), Ceiling Fan(s), Chandelier, Granite Counters, Tile Counters, Crown Molding, Double Vanity, Elevator, High Speed Internet, Open Floorplan, Recessed Lighting, Sauna, Track Lighting, Walk-In Closet(s), Wired for Sound
  • View: City
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Common Area, Accessible Elevator Installed
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: 24 Hour Security
  • Window Features: Blinds
  • Laundry Location: Laundry Closet

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Basketball Court, Uncovered Courtyard, Lighting, Private Entrance
  • Roof: Membrane
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: Fenced, Gunite, Indoor, Outdoor Pool, Waterfall
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front, River Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, High Speed Internet, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Electric
  • Water Source: Public, Well
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Sewer, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 1145

Association/Amenities

  • Association Name: Towers of Town Lake
  • Association: Yes
  • Community Features: Clubhouse, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Electronic Payments, Game/Rec Rm, Garage Parking, Gated, Hot Tub, Lake, Laundry Service, Library, Lock and Leave, Lounge, Maintenance On-Site, Planned Social Activities, Pool, Recycling Area/Center, Sauna, Trail(s)

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Landscaped, Trees-Sparse, Views
  • Parcel Number: 02010402160150
  • Lot Size Acres: 0.0259
  • Lot Size Sq Ft: 1128.2
  • Subdivision Name: Towers Town Lake Condo Amd

Building Info

  • Construction Materials: Stucco, Synthetic Stucco
  • New Construction: No

Tax Info

  • Tax Block: D
  • Tax Year: 2025
  • Tax Annual Amount: 11173
  • Tax Filled Sqft Total: 1459
  • Tax Rate: 2.04650000000000

Map

About Towers Of Town Lake

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Source: Public Records

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
07/01/2026 07/01/26 For Sale $610,000 -- $418 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase 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 Type Sale Price Title Company
Vendors Lien -- Alamo Title Co
Vendors Lien -- Heritage Title
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $380,000 Purchase Money Mortgage
Previous Owner $169,100 Commercial
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8668457

Unlock MLS (Austin Board of REALTORS®)

APN: 188180

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 11B2, Austin, TX

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Unlock MLS (Austin Board of REALTORS®) Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Unlock MLS (Austin Board of REALTORS®) as distributed by MLS GRID

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Listing Agent
Bradley Lewis
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eXp Realty, LLC
(737) 530-4134
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