NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit 12B4 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $562,000 - $642,224

2 Beds
2 Baths
1,459 Sq Ft
$773/ mo HOA Fee

Last Sold September 28, 2021

Current estimated payment $4,419/month

24 Days on Market

Highlights

  • Concierge
  • Laundry Service
  • 24-Hour Security
  • Mathews Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of September 2021

Tower of Town Lake Beauty! Enjoy the waterfront views from this 12th floor unit whether its having a glass of wine admiring the sunset or starting the day with a cup of coffee. An updated interior features a soft monochromatic palette with clean lines and an open floor plan filled with natural light. The floor plan offers each bedroom privacy with the primary bedroom and ensuite fully remodeled bath with custom cabinets, white quartz countertops and walk in closet. The renovated kitchen features custom cabinets, soapstone counters and is open to extend the view of Lady Bird Lake. Special features include hardwood and tile floors, recessed lighting, all glass to outside has been replaced but one window and an invisible screen door. In addition to 6 acres of landscaped grounds that are fully fenced and perfect for pet walking, amenities include: 24 hr concierge/security with gated access/on site property management/2 reserved parking places/on site guest parking/indoor heated pool, jacuzzi with party area/outdoor pool/steam and sauna rooms/weight room/ cardio fitness room/indoor basketball/racquetball court/library/piano lounge/billiards room. Prime location with direct access to 10 mile Hike and Bike trail, walking distance to downtown, one block from Rainey Street Entertainment District and 15 minutes to the Airport.
Note: All lake and sunset views are taken from the owners balcony by the owner.

Last Agent to Sell the Property

Colleen Rouhselang

Coldwell Banker Realty License #0433821 Listed on: 07/07/2021

Coldwell Banker Realty

Last Buyer's Agent

Sherene Mayner

Womack Real Estate LLC License #0643368

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,075

Year Built

  • Built in 1983

Lot Details

  • River Front
  • South Facing Home
  • Security Fence
  • Wrought Iron Fence
  • Landscaped
  • Native Plants
  • Many Trees

HOA Fees

  • $773 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Reserved Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Hills

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Masonry Siding

Interior Spaces

  • 1,459 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch
  • Terrace

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 12B4 / D
  • Assessor Parcel Number 02010402160164
  • 2% Total Tax Rate
  • Special Tax Authority

Community Details

Overview

  • Association fees include common area maintenance, insurance, landscaping, ground maintenance, maintenance structure, parking, pest control, security, trash, water
  • Towers Of Town Lake HOA
  • High-Rise Condominium
  • Towers Town Lake Condo Amd Subdivision
  • Mandatory home owners association
  • On-Site Maintenance
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Amenities

  • Concierge
  • Laundry Service
  • Common Area
  • Sauna
  • Game Room
  • Meeting Room
  • Lounge
  • Community Library
  • Elevator
  • Community Mailbox

Recreation

  • Racquetball

Pet Policy

  • Pet Amenities

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,075

Year Built

Built in 1983

Lot Details

1,133 Sq Ft Lot

HOA Fees

$773 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories), Elevator
  • Restrictions: City Restrictions, Covenant, Deed Restrictions
  • Year Built: 1983
  • Additional Parcels: No
  • Direction Faces: South
  • Directions: Take Riverside exit heading south and move into the right lane, right on San Marcos entrance on immediate right, press button and inform the guard who you are and they will open the gate.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 11031.00
  • ETJ Extra Territorial Jurdn: Yes
  • FEMA Flood Plain: No
  • Fencing: Wrought Iron
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1459.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Counter-Stone, In-Law Floorplan, No Interior Steps, Open Floorplan, Primary Bedroom on Main
  • Laundry Location: In Unit, Laundry Closet
  • View: Hill Country, Lake, Water
  • Flooring: Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Free-Standing Refrigerator, Washer, Water Heater-Electric
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Building Security, Closed Circuit Camera(s), Gated with Guard, Security Fence
  • Window Features: Window Coverings

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Roof: Membrane
  • Foundation: Slab
  • Patio And Porch Features: Covered, Terrace
  • Pool Features: Heated, In Ground, Outdoor Pool
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: River Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Assigned, Community Structure, Reserved
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Security, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 773.27

Association/Amenities

  • Association Name: Towers of Town Lake HOA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Fitness Center, Game Room, Gated, High Speed Internet, Laundry Service, Library, Lounge, Maintenance On-Site, Pet Amenities, Pool, Property Manager On-Site, Racquetball, Sauna

Schools

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

Lot Info

  • Lot Features: Landscaped, Level, Native Plants, Near Public Transit, Many Trees, Views
  • Special Assessment: Yes
  • Parcel Number: 02010402160164
  • Lot Size Acres: 0.0260
  • Lot Size Sq Ft: 1132.56
  • Subdivision Name: Towers Town Lake Condo Amd

Building Info

  • Construction Materials: Masonry – All Sides
  • New Construction: No

Tax Info

  • Tax Block: D
  • Tax Filled Sqft Total: 1459
  • Tax Lot: 12B4
  • Tax Rate: 2.22667000000000
  • Tax Year: 2021
  • Tax Annual Amount: 7075.00
  • Tax Exemptions: Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2011
Sold by
Elmiger Joe F
Bought by
Elmiger Joe F and Baker Joanne
Current Estimated Value
$591,056

Purchase Details

Closed on
Jun 12, 2000
Sold by
Elmiger Judith A and Darlng Judith A
Bought by
Elmiger Joe F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elmiger Joe F -- Trinity Title Of Texas
Elmiger Joe F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold -- -- --
07/31/2021 07/31/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $669,000 -- $459 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $6,854 $586,348 $133,977 $452,371
2023 $12,859 $710,735 $133,977 $576,758
2022 $12,837 $650,000 $133,977 $516,023
2021 $10,564 $485,326 $133,977 $351,349
2020 $10,497 $489,400 $133,977 $355,423
2018 $10,516 $475,000 $111,648 $363,352
2017 $9,968 $446,959 $111,648 $343,552
2016 $9,062 $406,326 $111,648 $345,352
2015 $6,122 $369,387 $139,559 $283,923
2014 $6,122 $335,806 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Rouhselang

    Seller's Agent in 2021

    Colleen Rouhselang

    Coldwell Banker Realty

    (512) 328-8200

    1 in this area

    51 Total Sales

    Colleen Rouhselang
    Section Image
  • Sherene Mayner

    Buyer's Agent in 2021

    Sherene Mayner

    Womack Real Estate LLC

    (512) 689-9324

    11 in this area

    51 Total Sales

    Sherene Mayner
    Section Image
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About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1508616

Unlock MLS (Austin Board of REALTORS®)

APN: 188194

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 12B4, Austin, TX

Not Listed for Sale

Condos

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Based on information submitted to the MLS GRID

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