$499,000
$26K PRICE DROP

Towers Of Town Lake 40 N Interstate 35 Unit 8C4 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated payment $3,538/month

Total Views 12,500
2 Beds
2 Baths
1,459 Sq Ft
$342 Price per Sq Ft

Highlights

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

About This Home

***PRICE IMPROVEMENT! PRICED TO SELL*** Enjoy elevated downtown living at Towers of Town Lake, where Residence No. 8C4 offers a rare lake-facing home on the eighth floor with resort-style amenities and an unbeatable address along the Lady Bird Lake Hike-&-Bike Trail. ***Eighth-Floor Lake Views*** A high floor facing the water means open views of Lady Bird Lake and the greenbelt from the living room, private balcony, and both bedrooms — a million-dollar-plus view at half the cost. ***Larger, Open Floor Plan*** Approximately 1,459 square feet of hardwood-floored living, with a spacious living room open to a separate dining area, all wrapped in floor-to-ceiling glass. ***Full Kitchen with In-Home Laundry*** The kitchen offers wood cabinetry, tile counters, a breakfast bar, and a full appliance suite, plus a dedicated laundry room with full-size washer and dryer — the refrigerator, washer, and dryer all convey. ***True Split Plan*** Two bedrooms on separate sides of the home for privacy — both facing the lake — with two full baths, a walk-in closet, and generous built-in storage throughout. ***Classic Original Finishes — Your Blank Canvas*** Clean and move-in ready, priced on view, value, and location so you can make it your own over time. ***24/7 Concierge & Resort-Style Amenities*** Two pools including an indoor heated pool, plus a spa, sauna, sport court, two workout rooms, a community library, and concierge service in a gated community. ***Prime Location*** Walk to Lady Bird Lake, downtown Austin, and the vibrant Rainey Street District from the calm of a gated address. Come for the view, stay for the lifestyle.

Listing Agent

Bryan Cady

DEN Property Group Brokerage Phone: (512) 222-3364 License #0526188 Listed on: 06/05/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,391

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • South Facing Home
  • Sprinkler System
  • Many Trees

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Masonry Siding

Interior Spaces

  • 1,459 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Built-In Convection Oven
  • Electric Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Schools

  • Mathews Elementary School
  • Martin Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District Water
  • Electric Water Heater

Additional Features

  • No Interior Steps
  • Sustainability products and practices used to construct the property include see remarks
  • Basketball Court

Listing and Financial Details

  • Assessor Parcel Number 02010402160115
  • Tax Block D

Community Details

Overview

  • No Home Owners Association
  • Towers Town Lake Condo Association
  • Towers Town Lake Condo Amd Subdivision

Amenities

  • Concierge
  • Community Kitchen
  • Community Library

Recreation

Security

  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,391

Year Built

Built in 1983

Lot Details

1,128 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1983
  • Direction Faces: South
  • Directions: OFF I-35 heading south frontage road next to Holiday Inn & Chevron station. use right side gate entry & pick up the phone to speak to concierge to gain access
  • Disclosures: See Remarks
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: Other/See Remarks
  • Green Sustainability: See Remarks
  • Levels: One
  • Living Area: 1459
  • Other Structures: None
  • Special Listing Conditions: See Remarks
  • Attribution Contact: (512) 222-3364
  • ETJ Extra Territorial Jurdn: See Remarks
  • Estimated Taxes: 8390.96
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 442.30
  • Current Price By Living Ar: 342.02
  • Current Price By Original : 0.95
  • List Price Lot Size Square: 442.30
  • List Price By Living Area: 342.02
  • List Price By Original Lis: 0.95
  • Restrictions: See Remarks
  • Tax Exemptions: See Remarks
  • Unit Style: See Remarks,3rd+ Floor Entry,Elevator
  • ACT_HomeOfficeYN: 0
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Elevator, Entrance Foyer, In-Law Floorplan, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s)
  • View: Lake, River
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Free-Standing Range, Refrigerator, Electric Water Heater
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Window Features: Window Treatments
  • Laundry Location: In Kitchen,Laundry Room,Main Level

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: See Remarks, Basketball Court, Exterior Steps
  • Roof: See Remarks
  • Foundation: See Remarks
  • Patio And Porch Features: None
  • Pool Features: Heated, In Ground
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

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

Association/Amenities

  • Association Name: Towers Town Lake Condo
  • Association: No
  • Community Features: Concierge, Controlled Access, Fitness Center, Gated, Kitchen Facilities, Library, Pool, Hot Tub

Schools

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

Lot Info

  • Lot Features: Sprinkler - Automatic, Trees-Heavy
  • Parcel Number: 02010402160115
  • Lot Size Acres: 0.0259
  • Lot Size Sq Ft: 1128.2
  • Subdivision Name: Towers Town Lake Condo Amd

Building Info

  • Construction Materials: Masonry – Partial
  • New Construction: No

Tax Info

  • Tax Block: D
  • Tax Year: 2026
  • Tax Annual Amount: 8390.96
  • Tax Filled Sqft Total: 1459
  • Tax Rate: 2.04648500000000

Map

About Towers Of Town Lake

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,333 $553,791 $133,977 $419,814
2023 $10,959 $605,735 $133,977 $471,758
2022 $11,484 $581,473 $133,977 $447,496
2021 $10,021 $460,401 $133,977 $326,424
2020 $9,740 $454,127 $133,977 $320,150
2018 $9,910 $447,614 $111,648 $335,966
2017 $9,614 $431,072 $111,648 $319,424
2016 $9,563 $428,790 $111,648 $317,142
2015 $7,734 $372,609 $139,559 $233,050
2014 $7,734 $325,000 $139,559 $185,441
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/20/2026 08/20/26 Price Changed $499,000 -0.2% $342 / Sq Ft
07/10/2026 07/10/26 Price Changed $500,000 -3.8% $343 / Sq Ft
07/08/2026 07/08/26 Price Changed $519,900 -1.0% $356 / Sq Ft
06/05/2026 06/05/26 For Sale $525,000 0.0% $360 / Sq Ft
04/26/2023 04/26/23 Rented $2,450 0.0% --
04/16/2023 04/16/23 Under Contract -- -- --
04/11/2023 04/11/23 Price Changed $2,450 -9.1% $2 / Sq Ft
03/25/2023 03/25/23 For Rent $2,695 0.0% --
02/28/2023 02/28/23 Off Market $2,695 -- --
01/25/2023 01/25/23 For Rent $2,695 +22.8% --
02/25/2021 02/25/21 Rented $2,195 0.0% --
02/22/2021 02/22/21 Under Contract -- -- --
01/19/2021 01/19/21 Price Changed $2,195 -4.4% $2 / Sq Ft
10/21/2020 10/21/20 Price Changed $2,295 -14.8% $2 / Sq Ft
09/09/2020 09/09/20 Price Changed $2,695 -2.0% $2 / Sq Ft
09/01/2020 09/01/20 For Rent $2,750 +10.0% --
08/28/2019 08/28/19 Rented $2,500 0.0% --
08/26/2019 08/26/19 Under Contract -- -- --
08/02/2019 08/02/19 Price Changed $2,500 -5.7% $2 / Sq Ft
07/15/2019 07/15/19 For Rent $2,650 +23.3% --
02/10/2017 02/10/17 Rented $2,150 -6.5% --
01/27/2017 01/27/17 Under Contract -- -- --
09/19/2016 09/19/16 For Rent $2,300 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7408657

Unlock MLS (Austin Board of REALTORS®)

APN: 188145

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 8C4, Austin, TX

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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.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Unlock MLS (Austin Board of REALTORS®) as distributed by MLS GRID

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Bryan Cady
Listing Agent
Bryan Cady
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DEN Property Group
(737) 637-9146
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