Landlord's Agent in 2025
Julie Hutchison
eXp Realty, LLC
(210) 793-1645
53 Total Sales
Towers Of Town Lake 40 N Interstate 35 Unit 2D1 Austin, TX 78701
Rainey Street Historic District NeighborhoodEstimated Value: $473,000 - $520,000
2
Beds
2
Baths
1,533
Sq Ft
1,198
Sq Ft Lot
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
As of November 2025The condo you’ve been looking for. Option to buy lease or buy. Downtown Austin Living, Steps from Rainey Street, and the best deal in the area for size and location! 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.
Last Agent to Rent the Property
eXp Realty, LLC Brokerage Phone: (210) 793-1645 License #0757363 Listed on: 09/18/2025
Condo Details
Home Type
- Condominium
Year Built
- Built in 1983
Lot Details
- Northwest Facing Home
- Private Entrance
- Wrought Iron Fence
- Mature Trees
- Wooded Lot
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
- Security System Owned
- Stacked Washer and Dryer
Kitchen
- 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
- Security Deposit $2,600
- Tenant pays for electricity, internet, sewer, trash collection, water
- The owner pays for water
- 12 Month Lease Term
- $40 Application Fee
- Assessor Parcel Number 02010402160024
- Tax Block D
Community Details
Overview
- Property has a Home Owners Association
- Towers Town Lake Condo Amd Subdivision
Amenities
- Common Area
- Game Room
- Community Mailbox
Recreation
- Sport Court
- Park
- Trails
Pet Policy
- Pet Deposit $500
- Dogs and Cats Allowed
- Medium pets allowed
Security
- Gated Community
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 2020
Sold by
Cody Edward Richard
Bought by
Duffy Michael
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,125
Outstanding Balance
$287,503
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$218,518
Purchase Details
Listed on
May 7, 2012
Closed on
Jun 27, 2012
Sold by
Schwarz David W and Hayes Daniel W
Bought by
Cody Edward Richard and Cody Susan E
Seller's Agent
Joe Bryson
Real Estate Alliance, Inc.
Buyer's Agent
Joe Bryson
Real Estate Alliance, Inc.
List Price
$314,700
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$265,500
Interest Rate
3.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 27, 2010
Sold by
Schwarz David W and Hays Daniel W
Bought by
Schwarz David W and Hays Daniel W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,700
Interest Rate
5.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 22, 2008
Sold by
Reininger Eric D
Bought by
Schwarz David W and Hayes Daniel W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
6.11%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Duffy Michael | -- | None Available | |
| Cody Edward Richard | -- | None Available | |
| Schwarz David W | -- | None Available | |
| Schwarz David W | -- | Atc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Duffy Michael | $328,125 | |
| Previous Owner | Cody Edward Richard | $265,500 | |
| Previous Owner | Schwarz David W | $213,700 | |
| Previous Owner | Schwarz David W | $217,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/29/2025 11/29/25 | Rented | $2,400 | 0.0% | -- | |
| 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% | -- | |
| 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 |
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 | $10,616 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Hutchison
-
carla williams
Tenant's Agent in 2025
carla williams
Amazing Realty LLC
(512) 296-5758
-
Joe Bryson
Seller's Agent in 2012
Joe Bryson
Real Estate Alliance, Inc.
(512) 203-4100
2 in this area
62 Total Sales
About Towers Of Town Lake
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 5334518
APN: 188054
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
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