NOT LISTED FOR SALE

Estimated Value: $490,000 - $596,869

2 Beds
2 Baths
1,288 Sq Ft
1,002 Sq Ft Lot

Last Sold June 30, 2017

Current estimated payment $3,850/month

Highlights

  • Concierge
  • Lake Front
  • Panoramic View
  • Mathews Elementary School Rated A
  • Indoor Pool
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of December 2023

Stunning two-bedroom residence downtown. This stellar location is just steps from the Lady Bird Lake Hike and Bike Trail! Excellent amenities include 24-Hour concierge, indoor/outdoor pool, sauna, racquet ball court, club rooms, fitness center, and billiards Room. Excellent natural light compliments the appealing interior features include Brazilian cherrywood floors and updated designer bathrooms and kitchen. New carpet in bedrooms. This unit is truly one of a kind in the Towers of Town Lake Complex. Spacious walk-in closet with ample storage. Outdoor patio with city views. Walk to popular Rainey Street bars & restaurants. Ultra-stylish living in an unbeatable Austin location. Two reserved parking spaces in the community garage are included.

Last Agent to Rent the Property

Crystal Barone

Keller Williams Realty Brokerage Phone: (512) 968-2249 License #0588687 Listed on: 11/01/2023

Keller Williams Realty

Last Renter's Agent

Roxy Mumme

Mumme Properties License #0510951

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,183

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • North Facing Home
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Garage
  • Reserved Parking

Property Views

  • Panoramic

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Window Treatments

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Indoor Pool
  • Cabana
  • In Ground Pool

Schools

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

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,000
  • Tenant pays for all utilities
  • 12 Month Lease Term
  • $100 Application Fee
  • Assessor Parcel Number 02010402160051

Community Details

Overview

  • Property has a Home Owners Association
  • 150 Units
  • Towers Town Lake Condo Amd Subdivision
  • Property managed by Twelve Rivers Management
  • Community Lake

Amenities

  • Concierge
  • Common Area
  • Clubhouse
  • Business Center
  • Meeting Room

Recreation

  • Park
  • Trails

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $400

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,183

Year Built

Built in 1983

Lot Details

0

Parking

2

Rental Info

  • Furnished: Negotiable
  • Owner Pays: None
  • Tenant Pays: All Utilities
  • Pets Allowed: Negotiable
  • Available Date: 2023-11-03
  • App Deposit Payable To: Twelve Rivers Management
  • App Fee Payable To: Twelve Rivers Management
  • Application Fee: 100
  • Application Policy: First Qualified Application
  • Application Required: See Attached,See Online App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 1
  • Monthly Pet Rent: 0
  • Pet Deposit: 400
  • Max Lease Months: 12
  • Online App Instructions: https://twelveriversmanagement.com/lease-application/
  • Online App Instructions Public: https://twelveriversmanagement.com/lease-application/
  • App Delivery To: https://twelveriversmanagement.com/lease-application/

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1983
  • Direction Faces: North
  • Directions: Take IH 35 South, exit Cesar Chavez and stay on the access road, The Towers will be on your right. Use the call box at the gate to contact the concierge for access. Park in an open unmarked spot outside the garage. If all are full, there are visitor spaces on the top level of the parking garage.
  • Disclosures: None
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: Other/See Remarks
  • Green Sustainability: None
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 1288
  • Attribution Contact: (512) 968-2249
  • Attribution Contact: (512) 968-2249
  • FEMA Flood Plain: No
  • Unit Style: High Rise (8-13 Stories),Elevator
  • Complex Name: Towers Of Town Lake
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counters, Walk-In Closet(s)
  • View: City, Panoramic
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Spa Features: None
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Room,Main Level
  • Num Dining: 1
  • Num Living: 1
  • Min Lease Months: 12
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: Cabana, In Ground, Indoor, Pool/Spa Combo
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Garage, Reserved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: See Remarks

Association/Amenities

  • Association: Yes
  • Community Features: Business Center, Clubhouse, Common Grounds, Concierge, Conference/Meeting Room, Gated, Lake, Park, Walk/Bike/Hike/Jog Trail(s

Condo/Co-op/Association

  • Managed By: Property Manager
  • Management Company: Twelve Rivers Management

Schools

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

Lot Info

  • Lot Features: Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 02010402160051
  • Lot Size Acres: 0.023
  • Lot Size Sq Ft: 1001.88
  • Subdivision Name: Towers Town Lake Condo Amd

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Multi Family

  • Number Of Units Total: 150
  • Management Co Phone: 5129682249

Tax Info

  • Tax Filled Sqft Total: 1288

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Bell Haley
Bought by
Leak Joseph
Current Estimated Value
$543,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$356,115
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$187,320

Purchase Details

Listed on
Feb 16, 2017
Closed on
Jun 30, 2017
Sold by
Britton Robert
Bought by
Bell Haley
Seller's Agent
Charles Runnels
Compass RE Texas, LLC
Buyer's Agent
Kim Burke
Christie's Int'l Real Estate
List Price
$474,000
Sold Price
$456,000
Premium/Discount to List
-$18,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%

Purchase Details

Listed on
Apr 2, 2013
Closed on
Jul 3, 2013
Sold by
Pacini Roberto and Pacini Alicia
Bought by
Britton Robert
Seller's Agent
Coco Vargas
Keller Williams Realty
Buyer's Agent
Charles Runnels
Compass RE Texas, LLC
List Price
$330,000
Sold Price
$320,000
Premium/Discount to List
-$10,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$272,000
Interest Rate
3.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2009
Sold by
Hometex Atx Llc
Bought by
Pacini Roberto and Pacini Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
5.13%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2008
Sold by
Amtrust Bank
Bought by
Hometex Atx Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2007
Sold by
Posniak Anton
Bought by
Amtrust Bank

Purchase Details

Closed on
Sep 19, 2006
Sold by
Town Lake Partners Ltd
Bought by
Briska Charles K

Purchase Details

Closed on
Jul 13, 1998
Sold by
Town Lake Partners Ltd
Bought by
Hamilton Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,350
Interest Rate
7.09%
Source: Public Records

Range of Values:

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Average Value
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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
Leak Joseph -- Select Title
Bell Haley -- None Available
Britton Robert -- None Available
Pacini Roberto -- None Available
Hometex Atx Llc -- United Title Of Tx
Amtrust Bank $239,348 None Available
Briska Charles K -- Heritage Title
Hamilton Robert -- Heritage Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leak Joseph $388,000
Closed Leak Joseph $388,000
Previous Owner Britton Robert C $345,000
Previous Owner Britton Robert C $335,000
Previous Owner Britton Robert $304,000
Previous Owner Britton Robert $272,000
Previous Owner Pacini Roberto $181,500
Previous Owner Hometex Atx Llc $190,500
Previous Owner Hamilton Robert $104,405
Previous Owner Hamilton Robert $120,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Rented $3,000 0.0% --
11/01/2023 11/01/23 For Rent $3,000 0.0% --
07/11/2021 07/11/21 Rented $3,000 0.0% --
07/02/2021 07/02/21 Under Contract -- -- --
06/11/2021 06/11/21 Price Changed $3,000 -14.3% $2 / Sq Ft
05/26/2021 05/26/21 For Rent $3,500 +6.9% --
02/17/2020 02/17/20 Rented $3,275 +9.2% --
02/12/2020 02/12/20 Under Contract -- -- --
02/04/2020 02/04/20 For Rent $3,000 0.0% --
06/30/2017 06/30/17 Sold -- -- --
06/02/2017 06/02/17 Pending -- -- --
05/31/2017 05/31/17 Price Changed $459,000 -3.0% $356 / Sq Ft
04/26/2017 04/26/17 Price Changed $473,000 0.0% $367 / Sq Ft
03/23/2017 03/23/17 Price Changed $473,088 -0.2% $367 / Sq Ft
02/16/2017 02/16/17 For Sale $474,000 +43.6% $368 / Sq Ft
07/03/2013 07/03/13 Sold -- -- --
04/26/2013 04/26/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $330,000 0.0% $256 / Sq Ft
04/03/2013 04/03/13 Off Market -- -- --
04/02/2013 04/02/13 For Sale $330,000 -- $256 / 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
2023 $10,183 $498,150 $120,306 $377,844
2022 $9,454 $478,718 $120,306 $358,412
2021 $9,174 $421,485 $120,306 $301,179
2020 $9,352 $436,006 $120,306 $315,700
2018 $9,555 $431,552 $100,255 $331,297
2017 $8,473 $379,917 $100,255 $301,179
2016 $7,702 $345,379 $100,255 $299,028
2015 $6,711 $313,981 $125,319 $188,662
2014 $6,711 $304,810 $125,319 $179,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5386758

Unlock MLS (Austin Board of REALTORS®)

APN: 188081