Towers Of Town Lake 40 N Interstate 35 Unit 5B2 Austin, TX 78701
Rainey Street Historic District NeighborhoodEstimated payment $4,412/month
Highlights
- Concierge
- Fitness Center
- City View
- Mathews Elementary School Rated A
- Heated Indoor Pool
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
Welcome to this bright, beautiful 2-bedroom, 2-bath condo in downtown Austin! Perched on the 5th floor, this unit offers stunning nighttime city views through floor-to-ceiling windows and a spacious private balcony.
Inside, enjoy an expansive living area with wood floors, a roomy kitchen with stylish expresso cabinets and granite countertops. The primary suite includes a walk-in closet and an en-suite bathroom with a double vanity and walk-in shower. A full-size in-unit washer and dryer complete the package.
Located in a full-amenity building with 24-hour concierge and security, indoor-heated pool, outdoor pool, sauna, hot tub, racquetball/basketball court, fitness center, game room w/billiards, 2 dedicated garage parking spots and guest parking. Just steps from the Roy and Ann Butler Hike and Bike Trail, Ladybird Lake, and World-Famous Rainey Street.
Don’t miss your chance to live in one of the city’s most vibrant neighborhoods—schedule a showing today!
Listing Agent
Amazing Realty LLC Brokerage Phone: (512) 710-4000 License #0834934 Listed on: 06/27/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,390
Year Built
- Built in 1983
HOA Fees
- $1,075 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Slab Foundation
- Concrete Roof
- Masonry Siding
Interior Spaces
- 1,459 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Blinds
- Living Room
- Washer and Dryer
Kitchen
- Breakfast Bar
- Free-Standing Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Double Vanity
- Walk-in Shower
Home Security
Pool
- Heated Indoor Pool
- In Ground Spa
- Outdoor Pool
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
Additional Features
- Balcony
- North Facing Home
- Residence on Property
Listing and Financial Details
- Assessor Parcel Number 02010402160064
- Tax Block D
Community Details
Overview
- Association fees include common area maintenance, sewer, trash, water
- Towers Of Town Lake Association
- Towers Town Lake Condo Amd Subdivision
Amenities
- Concierge
- Common Area
- Sauna
- Game Room
- Community Kitchen
- Community Library
Recreation
- Sport Court
- Racquetball
- Trails
Security
- Resident Manager or Management On Site
- Controlled Access
- Fire and Smoke Detector
Matterport 3D Tour
Floorplan
Map
About Towers Of Town Lake
Home Values in the Area
Average Home Value in this Area
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 | $10,131 | $495,020 | $136,711 | $358,309 |
| 2023 | $10,678 | $530,835 | $136,711 | $394,124 |
| 2022 | $10,718 | $542,707 | $136,711 | $405,996 |
| 2021 | $9,319 | $428,136 | $136,712 | $291,424 |
| 2020 | $9,484 | $442,187 | $136,712 | $305,475 |
| 2018 | $9,161 | $413,785 | $113,927 | $299,858 |
| 2017 | $9,384 | $420,781 | $113,927 | $306,854 |
| 2016 | $9,054 | $406,000 | $113,927 | $292,073 |
| 2015 | $7,798 | $332,258 | $142,408 | $189,850 |
| 2014 | $7,798 | $327,659 | $142,408 | $185,251 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | Price Changed | $475,000 | -4.0% | $326 / Sq Ft |
| 09/23/2025 09/23/25 | Price Changed | $495,000 | -2.9% | $339 / Sq Ft |
| 08/14/2025 08/14/25 | Price Changed | $510,000 | -2.9% | $350 / Sq Ft |
| 06/27/2025 06/27/25 | For Sale | $525,000 | -- | $360 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Attorney | |
| Deed | -- | Stewart Title Austin Incorpora | |
| Warranty Deed | -- | Texas American Title Company | |
| Warranty Deed | -- | Heritage Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $390,000 | New Conventional | |
| Previous Owner | $114,800 | No Value Available |
About the Listing Agent
Carla Williams is a real estate agent focused on providing clear communication, strong market knowledge, and a calm, organized experience for her clients. Her approach is simple: listen well, work with integrity, and deliver results.
She is known for her attentive communication, thoughtful guidance, and ability to break the process down step-by-step so clients feel informed and confident.
She takes her fiduciary responsibility seriously. That means she is there to guide you, protect your
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4862996
APN: 188094
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