Landlord's Agent in 2024
Jeff Kress
Pure Realty
(512) 791-7744
79 Total Sales
Towers Of Town Lake 40 N Interstate 35 Unit 4C2 Austin, TX 78701
Rainey Street Historic District NeighborhoodEstimated Value: $409,000 - $477,000
2
Beds
2
Baths
1,459
Sq Ft
1,150
Sq Ft Lot
Highlights
- Concierge
- Fitness Center
- Building Security
- Mathews Elementary School Rated A
- Indoor Pool
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
As of February 2024Downtown living at its best in one of Austin's most prestigious buildings: The Towers of Town Lake w/easy access to downtown activities. This spacious condo offers large bedrooms, bamboo flooring throughout, private balcony, laundry room, and updated bathrooms. Easy access to Lady Bird Lake as well as North and South bound I35. Amenities include 24/7 concierge, indoor/outdoor pools, gym, racquetball court, hot tub, sauna, billiard room, and security gate. Hard Surface Floors everywhere except secondary bedroom. Loads of storage available. Maximum pet weight is 30 pounds. No exceptions! Tenants will agree to all HOA Rules. Example - there is a very strict 30 pound weight limit on pets set by the HOA. All Tenants and buyers will be required to do an HOA orientation and there is a fee of $100.
Last Agent to Rent the Property
Pure Realty Brokerage Phone: (512) 791-7744 License #0392685 Listed on: 08/05/2023
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $9,898
Year Built
- Built in 1983
Lot Details
- North Facing Home
- Mature Trees
Parking
- 2 Car Garage
- Assigned Parking
- Community Parking Structure
Home Design
- Synthetic Roof
- Concrete Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,459 Sq Ft Home
- 1-Story Property
- Bookcases
- Ceiling Fan
- Double Pane Windows
- Home Security System
Kitchen
- Electric Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- 2 Full Bathrooms
Pool
- Indoor Pool
- Outdoor Pool
Outdoor Features
- Covered Patio or Porch
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Security Deposit $2,595
- Tenant pays for all utilities
- 12 Month Lease Term
- $75 Application Fee
- Assessor Parcel Number 02010402160052
- Tax Block D
Community Details
Overview
- 186 Units
- Towers Town Lake Condo Amd Subdivision
- Property managed by Kress & Associates Property Management
- Community Lake
Amenities
- Concierge
- Common Area
- Meeting Room
- Lounge
- Community Mailbox
Recreation
- Racquetball
Pet Policy
- Pet Deposit $500
- Small pets allowed
Security
- Building Security
- Controlled Access
- Gated Community
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2017
Closed on
Feb 2, 2018
Sold by
Garcia Arnulfo and Marcet Ocana Vida A
Bought by
Dollive Peter D and Dollive Patricia M
Seller's Agent
Cheryl Owen
Response Realty Advisors, LLC
Buyer's Agent
Jeff Kress
Pure Realty
List Price
$459,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.21%
Purchase Details
Closed on
Jan 6, 2011
Sold by
Martinez Mack
Bought by
Garcia Arnulfo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,950
Interest Rate
4.36%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 5, 2000
Sold by
Town Lake Partners Ltd
Bought by
Ternes Ii Robert J and Ternes Patricia B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,700
Interest Rate
7.99%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dollive Peter D | -- | Corridor Title | |
| Garcia Arnulfo | -- | None Available | |
| Ternes Ii Robert J | -- | Heritage Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Garcia Arnulfo | $285,950 | |
| Previous Owner | Ternes Ii Robert J | $151,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/01/2024 02/01/24 | Rented | $2,425 | -2.8% | -- | |
| 11/13/2023 11/13/23 | Price Changed | $2,495 | -3.9% | $2 / Sq Ft | |
| 11/04/2023 11/04/23 | Price Changed | $2,595 | -5.6% | $2 / Sq Ft | |
| 08/23/2023 08/23/23 | Price Changed | $2,750 | -8.2% | $2 / Sq Ft | |
| 08/05/2023 08/05/23 | For Rent | $2,995 | 0.0% | -- | |
| 02/14/2018 02/14/18 | Sold | -- | -- | -- | View Prior Sale |
| 01/06/2018 01/06/18 | Pending | -- | -- | -- | |
| 11/16/2017 11/16/17 | For Sale | $459,000 | -- | $315 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $9,898 | $430,289 | $136,711 | $293,578 |
| 2023 | $9,898 | $453,750 | $0 | $0 |
| 2022 | $8,147 | $412,500 | $0 | $0 |
| 2021 | $8,163 | $375,000 | $136,712 | $238,288 |
| 2020 | $9,116 | $425,000 | $136,712 | $288,288 |
| 2018 | $8,790 | $397,035 | $113,927 | $320,566 |
| 2017 | $8,049 | $360,941 | $113,927 | $291,424 |
| 2016 | $7,318 | $328,128 | $113,927 | $289,342 |
| 2015 | $4,398 | $298,298 | $142,408 | $189,850 |
| 2014 | $4,398 | $271,180 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Kress
-
Amanda Garcia
Tenant's Agent in 2024
Amanda Garcia
Amazing Realty LLC
(512) 607-5577
32 Total Sales
-
C
Seller's Agent in 2018
Cheryl Owen
Response Realty Advisors, LLC
-
Alice Dobyns
A
Seller Co-Listing Agent in 2018
Alice Dobyns
Coldwell Banker Realty
10 Total Sales
About Towers Of Town Lake
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3978196
APN: 188082
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