NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit 7B1 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $518,000 - $588,001

2 Beds
2 Baths
1,288 Sq Ft
871 Sq Ft Lot

Highlights

  • Lake Front
  • City View
  • Elevator
  • Mathews Elementary School Rated A
  • Adjacent to Greenbelt
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of October 2019

Quiet tenant wanted to enjoy the good life of downtown living: stroll on the hike and bike trail or have dinner or drinks on Rainey St. Spacious 7th floor unit with downtown view. Great closets. Newly redecorated common areas: sitting rooms, piano room, and library with TV. Outdoor and indoor pool with hot tub and full kitchen for gatherings. Fitness center: cardio room, sport court, weight room, and saunas. 24 hour concierge and security. 2 reserved parking spaces.Basic Google Fiber included

Last Agent to Rent the Property

Lora Herring

Central Metro Realty License #0443126 Listed on: 09/06/2019

Central Metro Realty

Last Renter's Agent

Patty Sanguily

Capital Downtown REALTORS License #0493681

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,129

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • Adjacent to Greenbelt

Home Design

  • Slab Foundation
  • Tar and Gravel Roof
  • Membrane Roofing

Interior Spaces

  • 1,288 Sq Ft Home

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Covered Spaces
  • Reserved Parking
  • Assigned Parking

Outdoor Features

Utilities

  • Central Heating
  • Separate Meters
  • High Speed Internet

Community Details

  • Elevator

Listing and Financial Details

  • Security Deposit $2,200
  • Tenant pays for all bills
  • The owner pays for hoa dues
  • 12-Month Lease Term
  • $40 Application Fee
  • Legal Lot and Block 7B1 / D
  • Assessor Parcel Number 02010402160095

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,129

Year Built

Built in 1983

Lot Details

0

Rental Info

  • App Delivery To: email application to Lora@LoraHerring.com
  • App Deposit Payable To: Vicky Boone
  • App Fee Payable To: website
  • Application Fee: 40
  • Application Policy: Best Qualified Application
  • Application Required: See Attached
  • First Month Rent Payable To: Owner
  • Furnished: Unfurnished
  • Lease Guarantor: No
  • Max Lease Months: 12
  • Min Lease Months: 12
  • Online App Instructions: fill out TAA application. applicant will be sent a link to online verification service
  • Owner Pays: Hoa Dues
  • Section8: No
  • Security Deposit: 2200
  • Smoking Inside: No
  • Tenant Pays: All Bills

Listing Details

  • Property Type: Lease
  • Property Sub Type: Condo
  • Unit Style: Elevator
  • Access Instructions: Key In Lockbox
  • Total Sq Ft: 1288
  • Steps: No Exterior Steps, No Interior Steps
  • Stories: 1
  • Year Built: 1983
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Close Price By Sq Ft: 1.71
  • Ratio Current Price By Lot Size: 95652.17
  • Ratio Current Price By Sq Ft: 1.71
  • Ratio List Price By Sq Ft: 1.71
  • Special Features: None

Interior Features

  • Disability Features: No
  • Faces: North
  • Master Description: Double Vanity, Walk-In Closet
  • Main Level Bedrooms: 2
  • Dining Description: Liv/Din Combo
  • View: City
  • Laundry Facilities: In Unit, Utility/Laundry Room
  • Sprinkler System: Yes
  • Flooring: Laminate, Tile - Hard
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Kitchen Appliances: Dishwasher, Microwave Oven, Range-Free Standing
  • Master Main: Yes
  • Num Dining: 1
  • Num Living: 1
  • Dryer: Yes
  • Refrigerator: Yes
  • Washer: Yes

Exterior Features

  • Fence: Wrought Iron
  • Pool on Property: Yes
  • Trees: Medium (20 Ft - 40 Ft)
  • Exterior Features: Balcony-Private
  • Roof: Membrane, Tar/Gravel
  • Construction: All Sides Masonry
  • Foundation: Slab
  • Pool Descron Prop: In-Ground Pool, Indoor Pool, Separate Spa/Hot Tub

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: 2 Reserved Parking Garage, Assigned Parking

Utilities

  • Cooling: Central Air
  • Sewer: City On Property
  • Utilities: Electricity Available, Internet-Cable, Internet-Fiber
  • Heating: Central Heat, Electric
  • Meter Description: Electric Separate
  • Water Source: City
  • Dryer Maintained: Yes

Condo/Co-op/Association

  • HOA: Yes
  • Managed By: Owner
  • Pets: No

Fee Information

  • Administrative Fee Payable To: Towers of Town Lake
  • Administration Fee: 100
  • Per Person: Yes

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary A: Mathews
  • Intermediary: Yes
  • Middle Intermediate School: O Henry
  • High School: Austin

Lot Info

  • F E M A100 Yr Flood Plain: Unknown
  • Lot Features: Backs To Greenbelt, Lakefront
  • Lot Size Area: 0.023
  • Parcel Number: 02010402160095
  • M A P S C O Grid: F2
  • M A P S C O Page: 209

Tax Info

  • Tax Block: D
  • Tax Filled Sqft Total: 1288
  • Tax Lot: 7B1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Boone Sue Zanne
Bought by
Myers Boone Daniel
Current Estimated Value
$553,001

Purchase Details

Closed on
Dec 19, 2019
Sold by
Boone Sue Zanne
Bought by
Boone Sue Zanne

Purchase Details

Closed on
Jul 12, 2002
Sold by
Ross Kimberly Jo
Bought by
Boone Dan and Boone Sue Zanne

Purchase Details

Closed on
Oct 30, 1998
Sold by
Town Lake Partners Ltd
Bought by
Ross Kimberly Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.61%
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
Myers Boone Daniel -- None Listed On Document
Boone Sue Zanne -- None Available
Boone Dan -- --
Ross Kimberly Jo -- Heritage Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Kimberly Jo $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Rented $2,200 0.0% --
09/30/2019 09/30/19 Under Contract -- -- --
09/06/2019 09/06/19 For Rent $2,200 +2.3% --
09/15/2018 09/15/18 Rented $2,150 -2.3% --
09/09/2018 09/09/18 Under Contract -- -- --
08/27/2018 08/27/18 For Rent $2,200 0.0% --
08/21/2018 08/21/18 Rented $2,200 0.0% --
06/29/2018 06/29/18 For Rent $2,200 -- --
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 $10,129 $495,416 $117,572 $377,844
2022 $9,400 $475,984 $117,572 $358,412
2021 $8,344 $383,319 $117,572 $265,747
2020 $8,496 $396,131 $117,572 $278,559
2018 $8,641 $390,297 $97,976 $292,321
2017 $8,424 $377,723 $97,976 $279,747
2016 $8,379 $375,724 $97,976 $277,748
2015 $7,913 $338,795 $122,471 $216,324
2014 $7,913 $332,503 $122,471 $210,032
Source: Public Records

Agents Affiliated with this Home

  • Lora Herring

    Landlord's Agent in 2019

    Lora Herring

    Central Metro Realty

    (512) 626-4848

    11 Total Sales

    Lora Herring
    Section Image

  • P

    Tenant's Agent in 2019

    Patty Sanguily

    Capital Downtown REALTORS

    1 in this area

    10 Total Sales

    Patty Sanguily
    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    Non Member

  • Denver Dunlap

    Buyer's Agent in 2018

    Denver Dunlap

    Denver Dunlap Real Estate

    (512) 563-0000

    44 Total Sales

    Denver Dunlap
    Section Image
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About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9848149

Unlock MLS (Austin Board of REALTORS®)

APN: 188125

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 7B1, Austin, TX

This home is located at 40 N Interstate 35 Unit 7B1, Austin, TX 78701 since 06 September 2019 and is currently priced at $553,001. This property was built in 1983. 40 N Interstate 35 Unit 7B1 is a home located in Travis County with nearby schools including Mathews Elementary School, Austin High School, and Headwaters School.

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