$474,000
SOLD JUN 30, 2017
Last list price
2 Beds
2 Baths
1,288 Sq Ft
$535/mo HOA Fee

Recently Sold

$368 Per Sq Ft

105 Days on Market

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 June 2017

Austin lifestyle is defined by this popular residence and location! Excellent amenities include 24 Hour Concierge, indoor/outdoor pool, sauna, Racquet ball court, club rooms, fitness center, and Billiards Room. Spectacular views of Downtown, walk to popular Rainey Street bars & restaurants. Steps to Town Lake Hike and Bike Trail! Appealing interior features Brazilian Cherry floors and designer baths and kitchen, and Elfa master closet. Bar with Mini Fridge in Living Room.Restrictions: Yes Sprinkler Sys:Yes

Last Agent to Sell the Property

Charles Runnels

Compass RE Texas, LLC License #0597494 Listed on: 02/16/2017

Compass RE Texas, LLC

Last Buyer's Agent

Kim Burke

Christie's Int'l Real Estate License #0572584

Christie's Int'l Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,183

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $535 Monthly HOA Fees

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

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Pool

  • Indoor Pool
  • Cabana
  • In Ground Pool

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02010402160051
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance, maintenance structure
  • Towers Of Town Lake Association
  • High-Rise Condominium
  • Towers Town Lake Condo Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to covenants, conditions, and restrictions
  • Community Lake

Amenities

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

Recreation

  • Park
  • Trails

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,183

Year Built

Built in 1983

Lot Details

0

HOA Fees

$535 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Elevator, High Rise (8-13 Stories)
  • Building Area Total: 1288.00
  • Restrictions: Covenant
  • Year Built: 1983
  • Directions: Take IH 35 South, exit Cesar Chavez and stay on the access road, The Towers will be on your right.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 7930.00
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1288.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bedroom on Main, Walk-In Closet(s)
  • Laundry Location: Laundry Room, Main Level
  • View: City, Panoramic
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Electric Cooktop, Dishwasher, Disposal
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: None

Beds/Baths

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

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: Cabana, In Ground, Indoor, Pool/Spa Combo
  • Private Pool: Yes
  • 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, Natural Gas Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Maintenance Structure, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 535.00

Association/Amenities

  • Association Name: Towers of Town Lake
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Business Center, Clubhouse, Common Grounds, Concierge, Conference/Meeting Room, Gated, Lake, Park, 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-Medium (20 Ft - 40 Ft)
  • Parcel Number: 02010402160051
  • Lot Size Acres: 0.0230
  • Lot Size Sq Ft: 1001.88
  • Subdivision Name: Towers Town Lake Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Concrete

Tax Info

  • Tax Filled Sqft Total: 1288
  • Tax Rate: 2.29000000000000
  • Tax Year: 2016
  • Tax Exemptions: Homestead

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Select Title
Warranty Deed -- None Available
Vendors Lien -- None Available
Vendors Lien -- None Available
Special Warranty Deed -- United Title Of Tx
Trustee Deed $239,348 None Available
Special Warranty Deed -- Heritage Title
Vendors Lien -- Heritage Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $388,000 New Conventional
Closed $388,000 New Conventional
Previous Owner $345,000 Commercial
Previous Owner $335,000 Commercial
Previous Owner $304,000 Commercial
Previous Owner $272,000 Commercial
Previous Owner $181,500 Commercial
Previous Owner $190,500 Commercial
Previous Owner $104,405 Unknown
Previous Owner $120,350 No Value Available
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: 3441982

Unlock MLS (Austin Board of REALTORS®)

APN: 188081