NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit 2C4 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $469,000 - $668,085

2 Beds
2 Baths
1,459 Sq Ft
$606/mo HOA Fee

Last Sold May 10, 2017

Current estimated payment $3,978/month

123 Days on Market

Highlights

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

About This Home

As of May 2017

FRESHLY UPDATED CONDO AT THE TOWERS OF TOWN LAKE*CONVENIENT SECURE LOCATION ON THE 2ND FLOOR*NEW INTERIOR PAINT/TRIM THROUGHOUT*UPDATED HALL BATHROOM*NICE BAMBOO FLOORS*RECENT HARDWARE & LIGHTING*GRANITE COUNTERS IN KITCHEN & BATHS*NICE SPACIOUS FLOORPLAN*HUGE BALCONY OVERLOOKING COMMUNITY POOL & CHARMING GROUNDS*LRG KITCHEN W/ BREAKFAST BAR*OFFERS MANY AMENITIES INCLUDING INDOOR & OUTDOOR POOL-2 GYMS-BASKETBALL COURTS-SAUNA-HOT TUB-PIANO ENTERTAINMENT ROOM-24/7 CONCIERGE*GOOGLE FIBER*ROYAL BLUE GROCERY!!Restrictions: Yes Sprinkler Sys:Yes

Last Agent to Sell the Property

James Watson

Compass RE Texas, LLC License #0450654 Listed on: 12/03/2016

Compass RE Texas, LLC

Co-Listed By

Craig Vaughan

Compass RE Texas, LLC License #0651244

Last Buyer's Agent

Cindy Walsh

Horizon Realty License #0424473

Horizon Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,259

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • North Facing Home
  • Wrought Iron Fence
  • Sprinkler System
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $606 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Reserved Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 1,459 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Property Views

Kitchen

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

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Pool

  • Indoor Pool
  • In Ground Pool
  • In Ground Spa

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02010402160023
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance
  • 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

  • Common Area
  • Game Room
  • Community Kitchen
  • Elevator

Recreation

  • Tennis Courts
  • Sport Court
  • Community Spa
  • Trails

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,259

Year Built

Built in 1983

Lot Details

0

HOA Fees

$606 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 2nd Floor Entry, Single level Floor Plan, Elevator, High Rise (8-13 Stories)
  • Building Area Total: 1459.00
  • Restrictions: City Restrictions, Deed Restrictions
  • Year Built: 1983
  • Direction Faces: North
  • Directions: FROM IH 35 ACCESS THE CESAR CHAVEZ SERVICE ROAD*ENTER THE ACCESS GATE ON THE RIGHT JUST BEFORE THE CHEVRON/HOLIDAY INN*USE THE PHONE AT THE ENTRANCE GATE TO GAIN ACCESS TO THE BUILDING VIA THE TOTL CONCIERGE*GUEST PARKING WILL BE IN FRONT OF YOU*
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 9259.00
  • FEMA Flood Plain: No
  • Fencing: Wrought Iron
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1459.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Breakfast Bar, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s)
  • Laundry Location: In Kitchen, Main Level
  • View: See Remarks
  • Flooring: Bamboo, Carpet, Tile
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Spa Features: In Ground

Beds/Baths

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

Exterior Features

  • Exterior Features: Elevator, No Exterior Steps, Tennis Court(s)
  • Roof: Composition, See Remarks
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: In Ground, Indoor
  • Private Pool: No
  • View: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Garage, Reserved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance
  • Association Fee Frequency: Monthly
  • Association Fee: 606.00

Association/Amenities

  • Association Name: Towers of Town Lake
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Common Grounds, Fitness Center, Game Room, Gated, Hot Tub Community, Kitchen Facilities, Pool, Sport Court(s)/Facility, Tennis Court(s), Walk/Bike/Hike/Jog Trail(s

Schools

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

Lot Info

  • Lot Features: Sprinkler - Automatic, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
  • Special Assessment: No
  • Parcel Number: 02010402160023
  • Lot Size Acres: 0.0260
  • Lot Size Sq Ft: 1132.56
  • Subdivision Name: Towers Town Lake Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides, Steel Siding, Stucco

Tax Info

  • Tax Filled Sqft Total: 1459
  • Tax Rate: 2.29608000000000
  • Tax Year: 2016
  • Tax Annual Amount: 9259.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2016
Closed on
May 10, 2017
Sold by
Roberts Rose
Bought by
Bell Stephen and Moss Sue
Seller's Agent
James Watson
Compass RE Texas, LLC
Buyer's Agent
Cindy Walsh
Horizon Realty
List Price
$495,000
Current Estimated Value
$579,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$200,000
Outstanding Balance
$166,507
Interest Rate
4.14%
Mortgage Type
Commercial
Estimated Equity
$413,014

Purchase Details

Closed on
Mar 21, 2016
Sold by
Barr Jonnie
Bought by
Roberts Rose

Purchase Details

Listed on
Mar 1, 2013
Closed on
Apr 5, 2013
Sold by
Gireud Fernando and Gireud Beatriz
Bought by
Contreras Gloria
Seller's Agent
Coco Vargas
Keller Williams Realty
List Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$227,500
Interest Rate
3.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Bell Stephen -- None Available
Roberts Rose -- None Available
Contreras Gloria -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Stephen $200,000
Previous Owner Contreras Gloria $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2017 05/10/17 Sold -- -- --
04/05/2017 04/05/17 Pending -- -- --
03/30/2017 03/30/17 Price Changed $456,000 -0.2% $313 / Sq Ft
03/23/2017 03/23/17 Price Changed $457,000 -0.2% $313 / Sq Ft
03/16/2017 03/16/17 Price Changed $458,000 -0.2% $314 / Sq Ft
03/06/2017 03/06/17 Price Changed $459,000 -1.1% $315 / Sq Ft
02/24/2017 02/24/17 Price Changed $464,000 -1.1% $318 / Sq Ft
02/06/2017 02/06/17 Price Changed $469,000 -2.3% $321 / Sq Ft
01/28/2017 01/28/17 Price Changed $479,900 -1.1% $329 / Sq Ft
01/12/2017 01/12/17 Price Changed $485,000 -2.0% $332 / Sq Ft
12/03/2016 12/03/16 For Sale $495,000 +43.5% $339 / Sq Ft
04/05/2013 04/05/13 Sold -- -- -- View Prior Sale
03/06/2013 03/06/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $345,000 -- $236 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

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 $4,072 $530,725 $136,711 $394,014
2023 $3,664 $526,515 $0 $0
2022 $9,453 $478,650 $0 $0
2021 $9,472 $435,136 $136,712 $298,424
2020 $9,484 $442,187 $136,712 $305,475
2018 $9,620 $434,493 $113,927 $320,566
2017 $9,040 $405,351 $113,927 $291,424
2016 $6,442 $403,269 $113,927 $289,342
2015 $6,047 $349,294 $142,408 $206,886
2014 $6,047 $332,500 $142,408 $190,092
Source: Public Records

Agents Affiliated with this Home

  • James Watson

    Seller's Agent in 2017

    James Watson

    Compass RE Texas, LLC

    (512) 964-5151

    56 Total Sales

    James Watson
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Craig Vaughan

    Compass RE Texas, LLC

    (512) 221-7051

    35 Total Sales

    Craig Vaughan
    Section Image
  • Cindy Walsh

    Buyer's Agent in 2017

    Cindy Walsh

    Horizon Realty

    (512) 740-4953

    7 Total Sales

    Cindy Walsh
    Section Image
  • Coco Vargas

    Seller's Agent in 2013

    Coco Vargas

    Keller Williams Realty

    (512) 669-8252

    225 Total Sales

    Coco Vargas
    Section Image
  • Memo Vargas

    Seller Co-Listing Agent in 2013

    Memo Vargas

    The Vargas Team LLC

    (512) 801-9999

    10 Total Sales

    Memo Vargas
    Section Image
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About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7663655

Unlock MLS (Austin Board of REALTORS®)

APN: 188053

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 2C4, Austin, TX

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