NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit 9A1 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $866,000 - $1,339,654

3 Beds
2 Baths
1,743 Sq Ft
$979/ mo HOA Fee

Last Sold March 06, 2023

Current estimated payment $7,500/month

46 Days on Market

Highlights

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

About This Home

As of March 2023

Rare find Downtown condo with unparalleled lake and city views from a private balcony in the desirable A tower. and near-perfect open floorplan ! Beautiful and tastefully remodel/ totally updated in 2017. floors, counter tops, back splash , lighting, tiled floors, double paned windows, stainless steel appliance , new refrigerator in 2020, washer/dryer in 2018. lots of built-in shelves in all closets, ceiling fan in all, lots of light. 3 bedrooms, 2 baths, large living/dining area plus den or 2nd living, 2 covered parking spaces. with lots of amenities 2 fitness rooms, racket/basket ball court, sauna, steam room, jacuzzi , indoor heated pool, outdoor pool, piano, and library room. & all within walking distance to the hike, bike trail, downtown restaurants and shopping. You can't find any better. DON'T FORGET TO ASK CONCIERGE FOR ACCESS TO SHOW THE AMENITIES . important. the HOA allows maximum 2 pets with 30 lbs each.

Last Agent to Sell the Property

Nouzha Swimelar

NS Properties, LLC License #0338839 Listed on: 11/29/2022

Last Buyer's Agent

David Lotspeich

Austin HomePage Real Estate License #0490864

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • Southwest Facing Home
  • Wrought Iron Fence
  • Property is Fully Fenced
  • Sprinkler System

HOA Fees

  • $979 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Property Views

Home Design

  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,743 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Chandelier
  • Track Lighting
  • Window Treatments
  • Multiple Living Areas
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Built-In Electric Oven
  • Self-Cleaning Oven
  • Built-In Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Stepless Entry

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting

Pool

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

Outdoor Features

  • Basketball Court
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • ENERGY STAR Qualified Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 02010402160120
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance, landscaping, parking, pest control, security, sewer, trash, water
  • Towers Of Town Lake Association
  • Visit Association Website
  • High-Rise Condominium
  • Towers Town Lake Condo Amd Subdivision
  • Mandatory home owners association
  • On-Site Maintenance
  • Community Lake

Amenities

  • Concierge
  • Common Area
  • Sauna
  • Door to Door Trash Pickup
  • Clubhouse
  • Game Room
  • Community Library

Recreation

  • Sport Court
  • Trails

Security

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

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

1,350 Sq Ft Lot

HOA Fees

$979 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories), Single level Floor Plan
  • Restrictions: None
  • Year Built: 1983
  • Additional Parcels: No
  • Direction Faces: SW
  • Directions: 1 block north of Lady Bird Lake on I35 access road between Riverside and Cesar Chavez (1st). Next to Holiday Inn& chevron station. Use main gate to call concierge for access
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 13204.00
  • ETJ Extra Territorial Jurdn: Yes
  • FEMA Flood Plain: No
  • Fencing: Full, Wrought Iron
  • Garage Spaces: 2.00
  • Green Energy Efficient: Appliances, HVAC, Lighting, Water Heater
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1743.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Chandelier, Counter-Granite, Tile Counters, Crown Molding, Electric Dryer Hookup, Elevator, High Speed Internet, In-Law Floorplan, Multiple Living Areas, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Track Lighting, Walk-In Closet(s)
  • Laundry Location: Laundry Room
  • View: City, Lake
  • Flooring: Tile
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Built-In Electric Oven, Built-In Electric Range, Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Microwave, Oven, Free-Standing Range, Refrigerator, Free-Standing Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Washer, Water Heater-Electric
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Building Security, Fire Alarm, Fire Sprinkler System, Gated with Guard, Key Card Entry, Smoke Detector(s)
  • Spa Features: Hot Tub
  • Window Features: Window Coverings

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Basketball Court, Lighting, No Exterior Steps
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: Heated, 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: Detached, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central, Hot Water
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Landscaping, Parking, Pest Control, Security, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 979.22
  • Community Web Site: https://community.associawebsites.com/sites/TheTowersofTownLakeHOA

Association/Amenities

  • Management Company: Somerset
  • Association Name: Towers of Town lake
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Clubhouse, Common Grounds, Concierge, Covered Parking, Fitness Center, Game Room, Gated, Google Fiber, Lake, Library, Maintenance On-Site, Pool, Property Manager On-Site, Sauna, Sport Court(s)/Facility, Trash Pickup - Door to Door, Walk/Bike/Hike/Jog Trail(s

Schools

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

Lot Info

  • Lot Features: Sprinkler - In-ground, Views
  • Parcel Number: 02010402160120
  • Lot Size Acres: 0.0310
  • Lot Size Sq Ft: 1350.36
  • Subdivision Name: Towers Town Lake Condo Amd

Building Info

  • Construction Materials: Stone, Stucco
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1743
  • Tax Rate: 2.17767000000000
  • Tax Year: 2022
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Mar 6, 2023
Sold by
Lightner James R and Pengelly Katherine
Bought by
Vaugh Samuel K and Vaugh Beverly Jo
Seller's Agent
Nouzha Swimelar
NS Properties, LLC
Buyer's Agent
David Lotspeich
Austin HomePage Real Estate
List Price
$975,000
Views
8
Current Estimated Value
$1,050,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$726,200
Outstanding Balance
$703,483
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$347,431

Purchase Details

Closed on
Nov 18, 2015
Sold by
Belcher Camellia J and Belcher Camellia Joan
Bought by
Lightner James R and Pengelly Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vaugh Samuel K -- Chicago Title
Lightner James R -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaugh Samuel K $726,200
Previous Owner Lightner James R $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2023 03/06/23 Sold -- -- --
01/14/2023 01/14/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $975,000 0.0% $559 / Sq Ft
12/19/2022 12/19/22 Off Market -- -- --
11/29/2022 11/29/22 For Sale $975,000 0.0% $559 / Sq Ft
07/18/2016 07/18/16 Rented $3,000 -24.1% --
07/15/2016 07/15/16 Under Contract -- -- --
02/17/2016 02/17/16 For Rent $3,950 -- --
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 $13,280 $933,926 $161,320 $772,606
2023 $8,447 $667,278 $0 $0
2022 $11,980 $606,616 $0 $0
2021 $12,004 $551,469 $161,320 $390,149
2020 $13,176 $614,305 $161,320 $452,985
2018 $15,547 $702,197 $134,433 $567,764
2017 $13,884 $622,582 $134,433 $488,149
2016 $13,807 $619,095 $134,433 $484,662
2015 $4,999 $493,594 $168,042 $362,081
2014 $4,999 $448,722 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nouzha Swimelar

    Seller's Agent in 2023

    Nouzha Swimelar

    NS Properties, LLC

    (512) 750-2232

    2 in this area

    12 Total Sales

    Nouzha Swimelar
    Section Image
  • David Lotspeich

    Buyer's Agent in 2023

    David Lotspeich

    Austin HomePage Real Estate

    (512) 636-8801

    1 in this area

    51 Total Sales

    David Lotspeich
    Section Image
  • Barbara Brown

    Seller's Agent in 2016

    Barbara Brown

    Barbara Brown Properties, LLC

    (512) 799-0668

    4 Total Sales

    Barbara Brown
    Section Image

  • P

    Buyer's Agent in 2016

    Peggy Duran

    Spyglass Realty

    Section Image
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About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5734663

Unlock MLS (Austin Board of REALTORS®)

APN: 188150

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 9A1, 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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