NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit 5B3 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $379,000 - $643,527

2 Beds
2 Baths
1,288 Sq Ft
$388/Sq Ft Est. Value

About This Home

This home is located at 40 N Interstate 35 Unit 5B3, Austin, TX 78701 and is currently estimated at $500,132, approximately $388 per square foot. 40 N Interstate 35 Unit 5B3 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and City School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2025
Sold by
Magee Theodore Parker
Bought by
Garza Maria Imelda
Current Estimated Value
$500,132

Purchase Details

Closed on
Sep 12, 2019
Sold by
Hazel Nanneska Nall
Bought by
Nall Hazel Nanneska and Magee Christopher Sean Patrick

Purchase Details

Closed on
Apr 28, 2011
Sold by
Rao Santhosh
Bought by
Elley Robert R and Elley Alicia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2007
Sold by
Lyle Cory J and Lyle Heather J
Bought by
Rao Santhosh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Garza Maria Imelda -- Capital Title
Nall Hazel Nanneska -- None Available
Elley Robert R -- None Available
Rao Santhosh -- Gracy Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elley Robert R $252,000
Previous Owner Rao Santhosh $77,500
Previous Owner Rao Santhosh $232,500
Source: Public Records

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
2025 $11,362 $526,946 $120,306 $406,640
2023 $11,362 $585,650 $120,306 $465,344
2022 $11,094 $561,718 $120,306 $441,412
2021 $9,927 $456,053 $120,306 $335,747
2020 $8,555 $398,865 $120,306 $278,559
2018 $8,692 $392,576 $100,255 $292,321
2017 $9,348 $419,151 $100,255 $318,896
2016 $9,297 $416,873 $100,255 $316,618
2015 $7,625 $333,956 $125,319 $208,637
2014 $7,625 $320,409 $125,319 $195,090
Source: Public Records

About Towers Of Town Lake

Map

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 5B3, Austin, TX

This home is located at 40 N Interstate 35 Unit 5B3, Austin, TX 78701 and is currently estimated at $500,132, approximately $388 per square foot. 40 N Interstate 35 Unit 5B3 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and City School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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