NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit 8B2 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $412,000 - $615,924

2 Beds
2 Baths
1,482 Sq Ft
$820/ mo HOA Fee

Last Sold January 10, 2022

Current estimated payment $4,197/month

60 Days on Market

Highlights

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

About This Home

As of January 2022

Bordered by the shores of Lady Bird Lake & the Rainey Street District, this luxury residential tower offers a 24-hour concierge service, gated garage parking, library piano lounge, fitness center w/racquetball, weight room, indoor heated pool, sauna & spa, and gorgeous resort-style outdoor pool! Meticulously maintained by its original owner, this spacious 2/2 condo is located on the 8th floor and offers incredible views of Downtown from the private balcony or living areas courtesy of the floor-to-ceiling windows. The floorplan offers an open-concept design with a functional kitchen and dining area, a spacious living room, a secondary bedroom that could be used as a home office and an owner's suite located on the opposite side of the unit. Enjoy the benefits of living in a community with 5-star amenities including controlled access, on-site security, pet amenities, on-site dry cleaning drop off/pick, up, planned social events, community groups and clubs, and much more! Exceptional location with easy access to Downtown as well as bike trails along Lady Bird Lake. Owner occupants only. No short-term or long-term leases. Pet limit of 2 per household and weight limit of 30 lbs. Schedule a showing today!

Last Agent to Sell the Property

Cara Keenan

Compass RE Texas, LLC License #0481122 Listed on: 10/29/2021

Compass RE Texas, LLC

Co-Listed By

Joe Keenan

Compass RE Texas, LLC License #0495818

Last Buyer's Agent

Barbara Siegwalt

Compass RE Texas, LLC License #0584190

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,585

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • North Facing Home

HOA Fees

  • $820 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Reserved Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Slab Foundation
  • Masonry Siding

Interior Spaces

  • 1,482 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Chandelier
  • Double Pane Windows
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer and Electric Dryer Hookup

Home Security

Pool

  • Indoor Pool
  • In Ground Pool
  • Outdoor Pool
  • Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 8B2 / D
  • Assessor Parcel Number 02010402160111
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance, ground maintenance, maintenance structure, security, sewer, trash, water
  • Towers Town Lake Condo Association
  • Visit Association Website
  • High-Rise Condominium
  • Towers Of Town Lake Condominiums Subdivision
  • Mandatory home owners association
  • On-Site Maintenance
  • The community has rules related to covenants, conditions, and restrictions
  • Electric Vehicle Charging Station

Amenities

  • Concierge
  • Laundry Service
  • Sauna
  • Door to Door Trash Pickup
  • Meeting Room
  • Community Library
  • Planned Social Activities
  • Elevator

Recreation

  • Sport Court
  • Racquetball
  • Dog Park
  • Trails

Security

  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,585

Year Built

Built in 1983

Lot Details

1,133 Sq Ft Lot

HOA Fees

$820 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 3rd+ Floor Entry, High Rise (8-13 Stories), Single level Floor Plan, Elevator
  • Restrictions: Covenant
  • Year Built: 1983
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: Take the southbound access road from the intersection of IH35 & Cesar Chavez. Head south towards Lady Bird Lake. Right on San Marcos St, immediate right to Towers main gate. Pick up the red phone to request access. Ask the concierge for the location of amenities and to please unlock them for you.
  • Disclosures: Other Disclosures
  • Estimated Taxes: 9784.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1482.00
  • Other Contingency Types: Inspection
  • Other Structures: None
  • Special Listing Conditions: Estate
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Chandelier, Double Vanity, Electric Dryer Hookup, Eat-in Kitchen, Entrance Foyer, Kitchen Island, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup
  • Laundry Location: In Unit
  • View: City, Downtown
  • Flooring: Carpet, Tile
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Spa Features: Hot Tub
  • Window Features: Double Pane Windows

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: In Ground, Indoor, Outdoor Pool
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Assigned, Covered, Gated, Reserved
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Internet-Cable, Phone Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 819.67
  • Community Web Site: http://www.towersoftownlake.com/0

Association/Amenities

  • Association Name: Towers Town Lake Condo
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Concierge, Conference/Meeting Room, Controlled Access, Dog Park, Fitness Center, Garage Parking, Gated, Google Fiber, Laundry Service, Library, Maintenance On-Site, Planned Social Activities, Pool, Racquetball, Sauna, Smart Car Charging, Spa/Hot Tub, Sport Court(s)/Facility, Trash Pickup - Door to Door, Walk/Bike/Hike/Jog Trail(s, See Remarks

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 02010402160111
  • Lot Size Acres: 0.0260
  • Lot Size Sq Ft: 1132.56
  • Subdivision Name: Towers Of Town Lake Condominiums

Building Info

  • Construction Materials: Masonry – All Sides
  • New Construction: No

Tax Info

  • Tax Block: D
  • Tax Filled Sqft Total: 1459
  • Tax Lot: 8B2
  • Tax Rate: 2.22667000000000
  • Tax Year: 2021
  • Tax Annual Amount: 3585.00
  • Tax Exemptions: Homestead, Over 65

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
01/10/2022 01/10/22 Sold -- -- --
12/28/2021 12/28/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $475,000 -- $321 / Sq Ft
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 $9,748 $476,323 $133,977 $342,346
2023 $7,870 $435,000 $133,977 $301,023
2022 $9,546 $483,341 $0 $0
2021 $9,564 $439,401 $133,977 $305,424
2020 $9,740 $454,127 $133,977 $320,150
2018 $9,512 $429,649 $111,648 $335,966
2017 $8,711 $390,590 $111,648 $319,424
2016 $7,919 $355,082 $111,648 $317,142
2015 $2,535 $322,802 $139,559 $233,050
2014 $2,535 $293,456 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cara Keenan

    Seller's Agent in 2022

    Cara Keenan

    Compass RE Texas, LLC

    (512) 917-2326

    1 in this area

    164 Total Sales

    Cara Keenan
    Section Image
  • Joe Keenan

    Seller Co-Listing Agent in 2022

    Joe Keenan

    Compass RE Texas, LLC

    (512) 415-7653

    1 in this area

    196 Total Sales

    Joe Keenan
    Section Image
  • Barbara Siegwalt

    Buyer's Agent in 2022

    Barbara Siegwalt

    Compass RE Texas, LLC

    (512) 745-5883

    1 in this area

    54 Total Sales

    Barbara Siegwalt
    Section Image
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About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6263826

Unlock MLS (Austin Board of REALTORS®)

APN: 188141

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 8B2, Austin, TX

Not Listed for Sale

Condos

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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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