RENTED AUG 15, 2025

Towers Of Town Lake 40 N Interstate 35 Unit 7D2 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $518,000 - $679,000

2 Beds
2 Baths
1,360 Sq Ft
1,059 Sq Ft Lot

Highlights

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

About This Home

As of August 2025

5 acre gated community located in the Rainey District & on Lady Bird Lake, hike & bike trail. This updated two bedroom two bath ensuite condo has everything you need. Open floorpan with oversized balcony & floor to ceiling windows that provide natural lighting throughout. Acacia wood floors, plentiful storage, quartz countertops in kitchen, blackout blinds in bedrooms & stainless appliances. Amenities include 24 hour concierge & security, gym, indoor & outdoor pool, dry sauna, whirlpool, racquetball/basketball court, plentiful guest parking for entertaining, club room, piano room, conference room, billiards room & more. Inquire about Furnished.

Last Agent to Rent the Property

Charles Runnels

Compass RE Texas, LLC Brokerage Phone: 5129140183 License #0597494 Listed on: 02/04/2025

Compass RE Texas, LLC

Last Renter's Agent

Charles Runnels

Compass RE Texas, LLC Brokerage Phone: 5129140183 License #0597494 Listed on: 02/04/2025

Compass RE Texas, LLC

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • North Facing Home
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Concrete Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Media Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Home Security

Accessible Home Design

  • No Interior Steps

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $3,000
  • Tenant pays for electricity, internet
  • The owner pays for association fees, common area maintenance, grounds care, sewer, trash collection, water
  • 12 Month Lease Term
  • $85 Application Fee
  • Assessor Parcel Number 02010402160104
  • Tax Block D

Community Details

Overview

  • 185 Units
  • Towers Town Lake Condo Amd Subdivision
  • Lock-and-Leave Community
  • On-Site Maintenance

Amenities

  • Concierge
  • Common Area
  • Sauna
  • Clubhouse
  • Meeting Room
  • Lounge
  • Community Library
  • Planned Social Activities
  • Package Room
  • Community Mailbox

Recreation

  • Sport Court

Pet Policy

  • Pet Deposit $500
  • Dogs and Cats Allowed
  • Breed Restrictions
  • Medium pets allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Escape

Condo Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

1,059 Sq Ft Lot

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Association Fees, Common Area Maintenance, Grounds Care, Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Internet
  • Pets Allowed: Cats OK, Dogs OK, Medium (< 35 lbs), Breed Restrictions
  • Available Date: 2025-02-04
  • App Deposit Payable To: Charles Runnels
  • App Fee Payable To: go4rent.com
  • Application Fee: 85
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Owner
  • Max Numof Pets: 2
  • Monthly Pet Rent: 0
  • Pet Deposit: 500
  • Online App Instructions: go4rent.com

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1983
  • Direction Faces: North
  • Directions: At front gate, press button to chat with gate guard and et them know why youre there. Park where spaces are labeled visitor only.
  • Disclosures: None
  • Garage Spaces: 2
  • Green Energy Efficient: Appliances, Exposure/Shade, Insulation, Thermostat
  • Green Sustainability: None
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 1360
  • Attribution Contact: 5129140183
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 3.31
  • Current Price By Living Ar: 2.57
  • "Current Price By Original ": 1.17
  • List Price Lot Size Square: 2.83
  • List Price By Living Area: 2.21
  • List Price By Original Lis: 1.00
  • Unit Style: High Rise (8-13 Stories),Elevator,End Unit
  • Complex Name: Towers of Townlake
  • Smoking Inside YN: 0
  • Move In Special Description: Ask agent
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s), Quartz Counters, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s)
  • View: City, Downtown
  • Flooring: Tile, Wood
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Building Security, Fire Alarm, Fire Escape, Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, Smoke Detector(s)
  • Window Features: Double Pane Windows
  • Laundry Location: In Unit,Laundry Room

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Roof: See Remarks
  • Patio And Porch Features: Covered
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: See Remarks
  • Utilities: See Remarks
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Community Features: Clubhouse, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Fitness Center, Garage Parking, Gated, Google Fiber, High Speed Internet, Hot Tub, Library, Lock and Leave, Lounge, Maintenance On-Site, Media Center/Movie Theatre, Package Service, Planned Social Activities, Pool, Property Manager On-Site, Sauna, Sport Court(s)/Facility

Condo/Co-op/Association

  • Managed By: Owner

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Landscaped
  • Parcel Number: 02010402160104
  • Lot Size Acres: 0.0243
  • Lot Size Sq Ft: 1058.51
  • Subdivision Name: Towers Town Lake Condo Amd

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Multi Family

  • Number Of Units Total: 185

Tax Info

  • Tax Block: D
  • Tax Filled Sqft Total: 1360

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2017
Sold by
Fay Brian
Bought by
Ginger Beard Ventures Llc
Current Estimated Value
$567,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
Chism Judd
Bought by
Stanley Russell M
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Rented $3,500 +16.7% --
02/04/2025 02/04/25 For Rent $2,999 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

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 $9,967 $487,042 $125,775 $361,267
2023 $10,561 $524,742 $125,775 $398,967
2022 $9,958 $504,223 $125,775 $378,448
2021 $7,975 $366,378 $125,775 $240,603
2020 $8,107 $377,978 $125,775 $252,203
2018 $8,270 $373,548 $104,813 $268,735
2017 $8,271 $370,867 $104,813 $291,619
2016 $7,519 $337,152 $104,813 $289,536
2015 $3,050 $306,502 $131,016 $224,063
2014 $3,050 $278,638 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Runnels

    Landlord's Agent in 2025

    Charles Runnels

    Compass RE Texas, LLC

    (512) 914-0183

    2 in this area

    72 Total Sales

    Charles Runnels
    Section Image
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About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8533708

Unlock MLS (Austin Board of REALTORS®)

APN: 188134

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 7D2, Austin, TX

Not Listed for Sale

Condos

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.

Unlock MLS (Austin Board of REALTORS®) Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Based on information submitted to the MLS GRID

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