$539,900

Towers Of Town Lake 40 N Interstate 35 Unit 3D3 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated payment $3,937/month

Total Views 624
2 Beds
2 Baths
1,533 Sq Ft
$352 Price per Sq Ft

Highlights

  • In Ground Pool
  • Central Heating and Cooling System
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park
  • Mathews Elementary School Rated A

About This Home

A spacious 2-bedroom, 2-bath condo located in the heart of downtown Austin. This livable unit offers strong bones, a nfunctional layout, and prime location within a secure, amenity-rich community - Ideal for investors or buyers looking to personalize and add value. Enjoy access to resort-style amenities including a pool, fitness center, 24-hour security, and gated parking. Just minutes from Lady Bird Lake, Rainey Street, and everything downtown Austin has to offer, this unit delivers on location and potential. Whether you're looking for a downtown residence, long-term investment, or renovation opportunity, this is a rare find. Schedule your private showing today!

Listing Agent

Karen Davis

Karen Davis Properties License #0305807 Listed on: 06/25/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,144

Year Built

  • Built in 1983

Interior Spaces

  • 1,533 Sq Ft Home
  • 1-Story Property
  • Electric Cooktop
  • Washer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

Overview

  • Courtney Gray Association
  • Towers Town Lake Condo Amd Subdivision

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,144

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Directions: From N Interstate 35 Frontage Rd, Turn left onto River St, Turn left at the 1st cross street onto S I-35 Frontage Rd, Turn right onto San Marcos St, Turn right, Turn left, Destination will be on the left
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1983
  • Road Surface Type: Asphalt
  • Subdivision Name: Towers Town Lake Condo Amd
  • Architectural Style: Other
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Cooktop, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1533.0
  • Stories: 1

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Other
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Other
  • Foundation Details: Other

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Name: Courtney Gray

Schools

  • Elementary School: MATHEWS ELEMENTARY SCHOOL (AUSTIN)
  • Junior High Dist: 111 - Austin
  • High School: AUSTIN HIGH SCHOOL (AUSTIN)
  • Middle Or Junior School: O. HENRY MIDDLE SCHOOL

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11144.0

Map

About Towers Of Town Lake

Range of Values:

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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
2023 $12,336 $609,397 $142,180 $467,217
2022 $11,561 $585,368 $142,180 $443,188
2021 $10,065 $462,384 $142,180 $320,204
2020 $9,934 $463,147 $142,180 $320,967
2018 $10,080 $455,307 $118,483 $336,824
2017 $9,471 $424,687 $118,483 $306,204
2016 $9,422 $422,500 $118,483 $304,017
2015 $8,157 $347,581 $148,104 $199,477
2014 $8,157 $342,751 $148,104 $194,647
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $539,900 -- $352 / Sq Ft
Source: Houston Association of REALTORS®

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $166,500 New Conventional
Previous Owner $282,750 Commercial
Source: Public Records

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Source: Houston Association of REALTORS®

MLS Number: 41332483

Houston Association of REALTORS®

APN: 188071

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 3D3, Austin, TX

This home is located at 40 N Interstate 35 Unit 3D3, Austin, TX 78701 and is currently priced at $539,900, approximately $352 per square foot. This property was built in 1983. 40 N Interstate 35 Unit 3D3 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

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Listing Agent
Karen Davis
Section Image
Karen Davis Properties
(737) 734-1901