$819,700

Towers Of Town Lake 40 N Interstate 35 Unit 1B3 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated payment $6,835/month

Total Views 52
4 Beds
2 Baths
2,452 Sq Ft
$334 Price per Sq Ft

Highlights

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

About This Home

Towers of Town Lake delivers resort-caliber amenities rarely matched in urban Austin: indoor and outdoor pools, hot tub and spa, fitness center, racquetball court, resident lounges, game room, snack lounge, and concierge service — all within a gated, professionally managed community. This residence includes two designated parking spaces and a private storage unit directly adjacent to the condo.
Rare ground-floor residence spanning 2,452 square feet with four bedrooms plus a dedicated library/study — a scale and flexibility genuinely uncommon in downtown Austin condo living. Living, dining, and work areas connect naturally, creating a residence that feels both expansive and purposefully functional.
Ground-floor positioning is a rare distinction here. Direct outdoor access, zero elevator dependency, and seamless connection to beautifully landscaped grounds deliver convenience, privacy, and indoor-outdoor ease that sets this residence meaningfully apart.
The location is unmatched. Steps from Lady Bird Lake and the Hike-and-Bike Trail. Minutes from Rainey Street, downtown Austin dining, entertainment, and major employers. Airport easily accessible. Towers of Town Lake are among the rarest offerings in Austin's luxury market.

Listing Agent

Chanda Ammann

Engel & Volkers Alamo Heights Brokerage Phone: (210) 845-1008 License #0551336 Listed on: 04/06/2026

Engel & Volkers Alamo Heights

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,944

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • Southwest Facing Home
  • Security Fence
  • Perimeter Fence

HOA Fees

  • $1,925 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Community Parking Structure

Property Views

Home Design

  • Slab Foundation
  • Flat Tile Roof
  • Stucco

Interior Spaces

  • 2,452 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Drapes & Rods
  • Entrance Foyer
  • Laundry in Kitchen

Kitchen

  • Breakfast Bar
  • Oven
  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Home Security

Pool

  • Heated Indoor Pool
  • Pool House
  • Heated In Ground Pool
  • In Ground Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 02010402160010

Community Details

Overview

  • Association fees include common area maintenance, insurance, landscaping, maintenance structure, trash, water
  • Towers On Town Lake Association
  • Towers Town Lake Condo Amd Subdivision

Amenities

  • Concierge
  • Common Area
  • Clubhouse
  • Meeting Room
  • Community Storage Space

Recreation

  • Racquetball
  • Trails

Security

  • 24-Hour Security
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,944

Year Built

Built in 1983

Lot Details

1,917 Sq Ft Lot

HOA Fees

$1,925 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1983
  • Direction Faces: Southwest
  • Directions: IH 35: Northbound Exit# 233B/234A Town Lake/Holly St., loop back at Holly, make an immediate right before the Chevron. Southbound Exit# 234B Cesar Chavez go through light and past Holly St. on feeder. Use right entrance is Visitor's gate, call button at gate let Security you are showing unit.
  • Disclosures: Seller Disclosure
  • Fencing: Perimeter, Security
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 2452
  • Other Structures: See Remarks, Garage(s), Pool House
  • Special Listing Conditions: Standard
  • Attribution Contact: (210) 845-1008
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 17973.93
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 427.68
  • Current Price By Living Ar: 334.30
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 427.68
  • List Price By Living Area: 334.30
  • List Price By Original Lis: 1.00
  • Restrictions: Covenant,Deed Restrictions
  • Tax Exemptions: Homestead,Over 65
  • Unit Style: 1st Floor Entry
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Double Vanity, Entrance Foyer, No Interior Steps, Pantry, Primary Bedroom on Main, Walk-In Closet(s)
  • View: Lake, River
  • Flooring: Carpet, Marble, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Microwave, Oven, Free-Standing Range
  • Main Level Bedrooms: 4
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Building Security, Fire Sprinkler System, Secured Garage/Parking
  • Spa Features: Hot Tub, In Ground
  • Window Features: Drapes
  • Laundry Location: In Kitchen

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 4

Exterior Features

  • Exterior Features: None
  • Roof: Flat Tile
  • Foundation: Slab
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Heated, In Ground, Indoor, Pool/Spa Combo
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, High Speed Internet, Natural Gas Not Available, 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 Structure, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 1924.82

Association/Amenities

  • Association Name: Towers on Town Lake
  • Association: Yes
  • Community Features: Clubhouse, Common Grounds, Concierge, Conference/Meeting Room, Covered Parking, Fitness Center, Garage Parking, Gated, Pool, Racquetball, Hot Tub, Storage, Trail(s)

Schools

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

Lot Info

  • Lot Features: See Remarks
  • Parcel Number: 02010402160010
  • Lot Size Acres: 0.044
  • Lot Size Sq Ft: 1916.64
  • Subdivision Name: Towers Town Lake Condo Amd
  • Special Assessment: See Remarks

Building Info

  • Construction Materials: Stucco
  • New Construction: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5943.91
  • Tax Filled Sqft Total: 2452
  • Tax Rate: 2.38230000000000

Map

About Towers Of Town Lake

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $5,944 $878,283 $226,941 $651,342
2023 $15,690 $867,216 $0 $0
2022 $15,570 $788,378 $0 $0
2021 $15,600 $716,707 $226,941 $489,766
2020 $15,879 $740,321 $226,941 $513,380
2018 $15,838 $715,373 $189,118 $538,743
2017 $14,503 $650,339 $189,118 $489,766
2016 $13,185 $591,217 $189,118 $486,268
2015 $8,324 $537,470 $236,397 $319,061
2014 $8,324 $488,609 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2026 04/06/26 For Sale $819,700 -- $334 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Gracy Title Company
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $55,000 Commercial
Previous Owner $312,800 Purchase Money Mortgage
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9250150

Unlock MLS (Austin Board of REALTORS®)

APN: 188040

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 1B3, Austin, TX

For Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

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Chanda Ammann
Listing Agent
Chanda Ammann
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Engel & Volkers Alamo Heights
(737) 345-3408
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