Towers Of Town Lake 40 N Interstate 35 Unit 2D1 Austin, TX 78701
Rainey Street Historic District NeighborhoodEstimated payment $4,896/month
Highlights
- Fitness Center
- Basketball Court
- City View
- Mathews Elementary School Rated A
- Gated Community
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
Downtown Austin Living, Steps from Rainey Street! Imagine waking up in the heart of Austin’s most vibrant district — Rainey Street, Lady Bird Lake, and the Hike & Bike Trail all just steps from your front door. Welcome to Unit 2D1 at The Towers at Town Lake, where urban energy meets resort-style living. This rare 2-bedroom, 2-bath residence offers: Expansive open living with floor-to-ceiling windows and a private balcony that floods the home with natural light. Modern chef’s kitchen with granite counters, a breakfast bar, and plenty of storage — perfect for hosting friends or enjoying a quiet morning coffee. Spacious bedrooms with walk-in closets and updated en-suite baths for the ultimate in comfort. Elegant finishes including warm wood flooring and timeless design throughout. But the real value? Lifestyle. At The Towers, you’re not just buying a home — you’re unlocking a community with unmatched amenities: Indoor heated pool + outdoor resort pool oasis. State-of-the-art gym, racquetball courts, sauna, and spa. On-site library, resident lounge, and 24/7 concierge. Direct access to Rainey Street Trailhead Park for walking, biking, or unwinding by the lake.
Why buyers love this home: Rarely available floor plan in Austin’s most sought-after condo community. Walkable to Rainey Street District, restaurants, music, and nightlife. Lock-and-leave convenience with full-time concierge and security. This is more than a condo. It’s a front-row seat to the best of Austin living — with all the serenity and amenities of a private retreat. Book your showing today — opportunities like this in The Towers move fast.
Listing Agent
eXp Realty, LLC Brokerage Phone: (210) 793-1645 License #0757363 Listed on: 07/03/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,888
Year Built
- Built in 1983
Lot Details
- Northwest Facing Home
- Private Entrance
- Wrought Iron Fence
- Mature Trees
- Wooded Lot
HOA Fees
- $1,214 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Slab Foundation
- Concrete Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 1,533 Sq Ft Home
- 1-Story Property
- Wired For Sound
- Recessed Lighting
- Window Treatments
- Entrance Foyer
- Dining Room
- Den
- Security System Owned
- Stacked Washer and Dryer
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Built-In Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Granite Countertops
- Trash Compactor
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Eco-Friendly Details
- Sustainability products and practices used to construct the property include see remarks
- ENERGY STAR Qualified Appliances
Outdoor Features
- Basketball Court
- Sport Court
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Above Ground Utilities
- Electric Water Heater
- Water Purifier is Owned
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 02010402160024
- Tax Block D
Community Details
Overview
- Association fees include common area maintenance, landscaping, ground maintenance, parking, security, trash, water
- Towers Of Town Lake Association
- Towers Town Lake Condo Amd Subdivision
Amenities
- Common Area
- Game Room
- Community Mailbox
Recreation
- Sport Court
- Park
- Trails
Security
- Gated Community
- Fire and Smoke Detector
Map
About Towers Of Town Lake
Home Values in the Area
Average Home Value in this Area
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 | $11,192 | $518,744 | $142,180 | $376,564 |
| 2023 | $11,192 | $591,897 | $142,180 | $449,717 |
| 2022 | $11,233 | $568,768 | $142,180 | $426,588 |
| 2021 | $9,760 | $448,384 | $142,180 | $306,204 |
| 2020 | $9,384 | $437,500 | $142,180 | $295,320 |
| 2018 | $9,254 | $418,000 | $118,483 | $299,517 |
| 2017 | $9,078 | $407,045 | $118,483 | $291,517 |
| 2016 | $8,252 | $370,041 | $118,483 | $304,017 |
| 2015 | $5,149 | $336,401 | $148,104 | $214,896 |
| 2014 | $5,149 | $305,819 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/13/2025 10/13/25 | Price Changed | $2,400 | -7.7% | $2 / Sq Ft | |
| 09/18/2025 09/18/25 | For Rent | $2,600 | 0.0% | -- | |
| 09/05/2025 09/05/25 | Price Changed | $525,000 | -0.9% | $342 / Sq Ft | |
| 08/30/2025 08/30/25 | Price Changed | $530,000 | -0.9% | $346 / Sq Ft | |
| 08/25/2025 08/25/25 | Price Changed | $535,000 | -0.9% | $349 / Sq Ft | |
| 08/14/2025 08/14/25 | Price Changed | $540,000 | -0.9% | $352 / Sq Ft | |
| 08/08/2025 08/08/25 | Price Changed | $545,000 | -0.9% | $356 / Sq Ft | |
| 07/03/2025 07/03/25 | For Sale | $550,000 | +86.4% | $359 / Sq Ft | |
| 06/29/2012 06/29/12 | Sold | -- | -- | -- | View Prior Sale |
| 06/08/2012 06/08/12 | Pending | -- | -- | -- | |
| 06/08/2012 06/08/12 | Price Changed | $295,000 | -6.3% | $192 / Sq Ft | |
| 05/07/2012 05/07/12 | For Sale | $314,700 | -- | $205 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Vendors Lien | -- | Atc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $328,125 | New Conventional | |
| Previous Owner | $265,500 | Commercial | |
| Previous Owner | $213,700 | Commercial | |
| Previous Owner | $217,000 | Commercial |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 9607513
APN: 188054
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