NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit 6C1 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $576,670 - $581,000

2 Beds
2 Baths
1,288 Sq Ft
$449/Sq Ft Est. Value

Last Sold April 02, 2018

Current estimated payment $4,499/month

17 Days on Market

Highlights

  • Concierge
  • Lake Front
  • Fitness Center
  • Mathews Elementary School Rated A
  • Boat Ramp
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of April 2018

2/2 in original 1983 Condition. Property is an estate being sold as-is with no sellers disclosure. Condo offers perfect opportunity to customize and create modern design. One covered and one uncovered parking space included with unit. HOA covers water, staff, amenities, and maintenance. Tenants lease up June 18th but leaving end of May.Restrictions: Yes Sprinkler Sys:Yes

Last Agent to Sell the Property

Lindsay Harris

Compass RE Texas, LLC License #0566860 Listed on: 02/01/2018

Compass RE Texas, LLC

Last Buyer's Agent

Alysanna Zavitsanos

Keller Williams Realty License #0684392

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,258

Year Built

  • Built in 1983

Lot Details

  • 1,002 Sq Ft Lot
  • Lake Front
  • Wrought Iron Fence

HOA Fees

  • $551 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Estate
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry closet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated Indoor Pool
  • In Ground Spa

Outdoor Features

  • Boat Ramp

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 6C1 / D
  • Assessor Parcel Number 02010402160083
  • 2% Total Tax Rate

Community Details

Overview

  • $1,653 HOA Transfer Fee
  • Towers Of Town Lake Association
  • High-Rise Condominium
  • Towers Town Lake Condo Amd Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Amenities

  • Concierge
  • Game Room
  • Meeting Room
  • Elevator
  • Package Room
  • Community Mailbox

Recreation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,258

Year Built

Built in 1983

Lot Details

0

HOA Fees

$551 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Elevator, Tower (14+ Stories)
  • Building Area Total: 1288.00
  • Restrictions: See Remarks
  • Year Built: 1983
  • Directions: From Central Austin: South on I-35, exit Riverside exit, entrance to Towers of Town Lake will be first off the ramp on the right.
  • Estimated Taxes: 7889.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wrought Iron
  • Garage Spaces: 1.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1288.00
  • Property Panorama: No
  • Special Listing Conditions: Estate
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bedroom on Main
  • Laundry Location: Laundry Closet
  • View: City
  • Flooring: Carpet
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: See Remarks
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: Hot Tub, In Ground

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Boat Ramp
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: Heated, Indoor
  • Private Pool: Yes
  • View: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 551.00

Association/Amenities

  • Association Name: Towers of Town Lake
  • Requirement: Mandatory
  • Association Transfer Fee: 1653
  • Association: Yes
  • Community Features: Cluster Mailbox, Concierge, Conference/Meeting Room, Fitness Center, Game Room, Maintenance On-Site, Package Service

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: See Remarks
  • Parcel Number: 02010402160083
  • 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: Stucco

Tax Info

  • Tax Block: D
  • Tax Filled Sqft Total: 1288
  • Tax Lot: 6C1
  • Tax Rate: 2.21399000000000
  • Tax Year: 2017
  • Tax Annual Amount: 2258.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 2, 2018
Sold by
Grieder Dagmar
Bought by
Ally Brian and Batman Tina
Seller's Agent
Lindsay Harris
Compass RE Texas, LLC
Buyer's Agent
Alysanna Zavitsanos
Keller Williams Realty
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Current Estimated Value
$578,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,835
Avg. Annual Appreciation
5.62%
Original Mortgage
$130,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 1997
Sold by
Town Lake Partners Ltd
Bought by
Barnitz Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.92%
Mortgage Type
Commercial
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
Ally Brian -- None Available
Barnitz Jacqueline -- Heritage Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ally Brian $174,000
Closed Ally Brian $130,000
Previous Owner Barnitz Jacqueline $94,897
Previous Owner Barnitz Jacqueline $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold -- -- --
02/18/2018 02/18/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $375,000 -- $291 / 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 $9,013 $498,150 $120,306 $377,844
2022 $9,454 $478,718 $120,306 $358,412
2021 $7,400 $339,990 $120,306 $219,684
2020 $7,520 $350,582 $120,306 $230,276
2018 $8,692 $392,576 $100,255 $292,321
2017 $7,946 $356,312 $100,255 $279,747
2016 $7,224 $323,920 $100,255 $277,748
2015 $1,921 $294,473 $125,319 $216,324
2014 $1,921 $267,703 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Harris

    Seller's Agent in 2018

    Lindsay Harris

    Compass RE Texas, LLC

    (512) 784-2163

    60 Total Sales

    Lindsay Harris
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About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1234984

Unlock MLS (Austin Board of REALTORS®)

APN: 188113

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 6C1, Austin, TX

This home is located at 40 N Interstate 35 Unit 6C1, Austin, TX 78701 since 01 February 2018 and is currently estimated at $578,835, approximately $449 per square foot. This property was built in 1983. 40 N Interstate 35 Unit 6C1 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

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