Jennifer Rosal
Rosal Realty Experts
(940) 301-0661
84 Total Sales
1 in Rainey Street Historic District
$400,000 Price
Towers Of Town Lake 40 N Interstate 35 Unit 2C2 Austin, TX 78701
Rainey Street Historic District NeighborhoodEstimated Value: $311,000 - $545,000
2
Beds
2
Baths
1,459
Sq Ft
1,150
Sq Ft Lot
Highlights
- Concierge
- Fitness Center
- Spa
- Mathews Elementary School Rated A
- 24-Hour Security
- 1-minute walk to Rainey Street Trailhead Park
About This Home
As of April 2026MOTIVATED SELLER - PRICED TO MOVE QUICKLY, BRING ALL OFFERS !! Experience downtown Austin living at its best! This upgraded Towers of Town Lake condo combines low-maintenance living, a prime location in the heart of the action, and an exceptional value from a MOTIVATED SELLER. Incredible opportunity to live steps from Lady Bird Lake, the Hike & Bike Trail, and Rainey Street—all for a price that’s rarely seen in downtown Austin. Unit #2C2 is one of the best values in the city and the SELLER IS MOTIVATED, making this a must-see for buyers looking to enjoy the downtown lifestyle without the typical downtown price tag. This spacious 2-bedroom, 2-bath condo has been thoughtfully and extensively updated by the current owner with quality and comfort in mind: • Raised ceilings and ductwork in the main living areas • Bamboo flooring throughout, marble in the bathrooms • Granite countertops and custom cabinetry • Kitchen wall opened to create a bright, modern flow • LED cove lighting in living, dining, kitchen, and both bedrooms • All doors and hardware replaced (interior) • Shoji privacy screens in the living room • Murphy bed in the second bedroom adds versatility • Ceiling fans added to living room and bedrooms • High-end KitchenAid dishwasher and newer dryer • Fresh paint and clean, modern finishes throughout Towers of Town Lake is a rare 6-acre gated community downtown and offers a full suite of amenities: • 24-hour concierge and security • Indoor and outdoor pools, gym, racquetball court, sauna, and hot tub • Billiard room, meeting spaces, and on-site management • Reserved parking and ample guest parking • Lush landscaping and outdoor gathering areas This unit is ideal for professionals, students, or anyone seeking a convenient lock-and-leave lifestyle in a walkable location near downtown, UT, and the Capitol complex. Move-in ready, fully upgraded, and priced to sell!
Last Agent to Sell the Property
Urbanspace Brokerage Phone: (512) 457-8884 License #0362333 Listed on: 04/01/2026
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,729
Year Built
- Built in 1983 | Remodeled
Lot Details
- North Facing Home
- Security Fence
- Property is in good condition
HOA Fees
- $1,145 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
- Assigned Parking
- Community Parking Structure
Home Design
- Permanent Foundation
- Slab Foundation
- Mixed Roof Materials
- Concrete Roof
- Concrete Siding
- Stucco
Interior Spaces
- 1,459 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Window Treatments
- Closed Circuit Camera
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Bamboo
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer
Outdoor Features
- Spa
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 02010402160021
- Tax Block D
Community Details
Overview
- Association fees include common area maintenance, ground maintenance, trash, water
- Towers Of Town Lake HOA
- Towers Town Lake Condo Amd Subdivision
- Lock-and-Leave Community
- On-Site Maintenance
Amenities
- Concierge
- Community Barbecue Grill
- Courtyard
- Common Area
- Sauna
- Game Room
- Meeting Room
- Community Library
- Package Room
- Community Mailbox
Recreation
- Community Pool
- Trails
Security
- 24-Hour Security
- Resident Manager or Management On Site
- Controlled Access
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2026
Closed on
Apr 29, 2026
Sold by
Bought by
Seller's Agent
Doug Harrison
Urbanspace
Buyer's Agent
Stacie Watts
Compass RE Texas, LLC
List Price
$349,900
Views
139
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
176.49%
Purchase Details
Closed on
Mar 14, 2017
Sold by
Bought by
Purchase Details
Closed on
Mar 19, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
10.75%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rainey Street Historic District, TX
-
Jennifer Rosal
-
Meg Alley
Meg Alley
Moreland Properties
(737) 747-7424
46 Total Sales
5 in Rainey Street Historic District
$585K - $1.1M Price Range
-
Kevin Burns
Kevin Burns
Urbanspace
(888) 827-2290
34 Total Sales
8 in Rainey Street Historic District
$675K - $4.7M Price Range
-
Ross Speed
Ross Speed
Compass RE Texas, LLC
(888) 619-5653
466 Total Sales
1 in Rainey Street Historic District
$447,000 Price
-
Kelly Gonzalez
Kelly Gonzalez
Real Broker, LLC
(737) 210-3062
46 Total Sales
1 in Rainey Street Historic District
$525,000 Price
-
John Underwood
John Underwood
eXp Realty, LLC
(866) 515-6552
31 Total Sales
2 in Rainey Street Historic District
$605K - $670K Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Heritage Title | ||
| -- | None Available | ||
| -- | 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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $122,200 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | Sold | -- | -- | -- | |
| 04/01/2026 04/01/26 | For Sale | $349,900 | 0.0% | $240 / Sq Ft | |
| 10/20/2020 10/20/20 | Rented | $2,200 | -10.2% | -- | |
| 10/08/2020 10/08/20 | Under Contract | -- | -- | -- | |
| 08/14/2020 08/14/20 | For Rent | $2,450 | 0.0% | -- | |
| 06/13/2012 06/13/12 | Sold | -- | -- | -- | View Prior Sale |
| 04/28/2012 04/28/12 | Pending | -- | -- | -- | |
| 01/27/2012 01/27/12 | For Sale | $253,000 | -- | $173 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
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 | $10,729 | $524,275 | $136,711 | $387,564 |
| 2023 | $10,678 | $564,719 | $136,711 | $428,008 |
| 2022 | $10,718 | $542,707 | $136,711 | $405,996 |
| 2021 | $9,319 | $428,136 | $136,712 | $291,424 |
| 2020 | $8,043 | $375,000 | $136,712 | $238,288 |
| 2018 | $9,620 | $434,493 | $113,927 | $320,566 |
| 2017 | $8,814 | $395,242 | $113,927 | $330,280 |
| 2016 | $8,013 | $359,311 | $113,927 | $327,920 |
| 2015 | $4,957 | $326,646 | $142,408 | $236,094 |
| 2014 | $4,957 | $296,951 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Harrison
Seller's Agent in 2026
Doug Harrison
Urbanspace
(512) 694-1551
2 in this area
28 Total Sales
-
Stacie Watts
Buyer's Agent in 2026
Stacie Watts
Compass RE Texas, LLC
(512) 987-5339
1 in this area
51 Total Sales
-
Kaylee Romantic
Buyer Co-Listing Agent in 2026
Kaylee Romantic
Compass RE Texas, LLC
(512) 230-4767
1 in this area
52 Total Sales
-
E
Seller's Agent in 2020
Ellen Noble
Capital Downtown REALTORS
-
J
Buyer's Agent in 2020
Justin Lenberg
Team Price Real Estate
-
Linda Ramsey
L
Buyer's Agent in 2012
Linda Ramsey
Keller Williams Realty
(512) 448-4111
10 Total Sales
About Towers Of Town Lake
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 2555285
APN: 188051
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.
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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