NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit 9C2 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $546,000 - $661,791

2 Beds
2 Baths
1,459 Sq Ft
$823/ mo HOA Fee

Last Sold October 27, 2022

Current estimated payment $4,598/month

145 Days on Market

Highlights

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

About This Home

As of October 2022

Gorgeous Mediterranean Condo, Downtown Austin walking distance to Rainey St. Competitively Priced. Stunning resort amenities in unit
and building. European flare. First floor parking. New air conditioning. At night the stunning city view comes alive. Must experience. Immaculate attention to detail with fine craftsmanship in this spacious and bright luxury condo in downtown Austin. Stunning views of the Austin skyline in every room + private balcony. The beauty is in the details. Classic wainscoting, decorative chair railing, 8” base trim, and premium case molding throughout. Recently installed air conditioner and heater with Nest thermostat and an upgraded water heater. Pride of ownership is abundantly clear. Black stainless appliances in the gourmet kitchen with travertine tile floors, touch faucet sink and app-controlled under cabinet lighting. Solid oak flooring in prime areas, beautiful marble in dining, travertine tile in kitchen and baths. The primary bathroom is an absolute show stopper with a red cedar sauna with glass entry, it also has a steam shower with multiple high-end polished-nickel shower heads and faucets. Decorative carved vanities with marble top with steam resistant chandelier and light pendants. Pamper yourself! Bedrooms have ample closet space and oak flooring and beautiful views. Guest bath offers travertine tile, carved vanity with marble top and under-mount sink. Towers of TL revitalization project includes newly reconstructed building exterior, landscaping modernization and entryway upgrade. World class amenities include heated indoor/outdoor pools, 24-hour concierge with gated access, steam/sauna rooms, weight room, racquetball/basketball courts, piano lounge, billiards room and 2 resv’d spots in the garage. Escape the routine at nearby Butler hike/bike trail and kayak/SUP access. Indulge in the many entertainment+dining offerings Rainey has to offer just steps away. Terrific value in comparison to other downtown buildings.

Last Agent to Sell the Property

Josh Pruitt

Spyglass Realty License #0640916 Listed on: 05/06/2022

Spyglass Realty

Last Buyer's Agent

Victoria Adams

Spyglass Realty License #0718380

Spyglass Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,903

Year Built

  • Built in 1983

Lot Details

  • 1,133

HOA Fees

  • $823 Monthly HOA Fees

Parking

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

Property Views

  • Panoramic

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Masonry Siding

Interior Spaces

  • 1,459 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Chandelier
  • Double Pane Windows
  • Window Treatments
  • Smart Thermostat

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Outdoor Features

  • Spa
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North Facing Home
  • Property is near public transit

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 9C2 / D
  • Assessor Parcel Number 02010402160127
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, landscaping, ground maintenance, maintenance structure, security
  • Towers Of Town Lake Association
  • High-Rise Condominium
  • Towers Town Lake Condo Amd Subdivision
  • Mandatory home owners association

Amenities

  • Concierge
  • Courtyard
  • Common Area
  • Sauna
  • Game Room
  • Business Center
  • Meeting Room
  • Lounge
  • Planned Social Activities
  • Community Mailbox

Recreation

  • Sport Court

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,903

Year Built

Built in 1983

Lot Details

1,133 Sq Ft Lot

HOA Fees

$823 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories)
  • Restrictions: None
  • Year Built: 1983
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: Access gate at front entrance on S IH 35 Frontage and San Marcos ST. Ring the concierge at the gate.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 9717.00
  • 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: 1459.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Chandelier, Counter-Granite, Counter-Stone, Crown Molding, Double Vanity, Elevator, Primary Bedroom on Main, Smart Thermostat, Stackable W/D Connections, Walk-In Closet(s), See Remarks
  • Laundry Location: In Unit, Laundry Closet
  • View: City, Downtown, Panoramic
  • Flooring: Marble, Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Free-Standing Electric Range, Refrigerator, Vented Exhaust Fan, Washer/Dryer Stacked, Water Heater-Electric, Wine Refrigerator, See Remarks
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Building Security, Fire Sprinkler System, Smoke Detector(s)
  • Spa Features: None
  • Window Features: Double Pane Windows, Window Treatments

Beds/Baths

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

Exterior Features

  • Exterior Features: See Remarks
  • Roof: Membrane
  • Foundation: Slab
  • Patio And Porch Features: Covered, See Remarks
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: See Remarks
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Internet-Fiber, Sewer Connected, Water Connected
  • Heating: Central, See Remarks
  • Water Source: Public
  • Cooling: Central Air, See Remarks

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Landscaping, Maintenance Grounds, Maintenance Structure, Security, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 822.62

Association/Amenities

  • Association Name: Towers of Town Lake
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Business Center, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Courtyard, Fitness Center, Game Room, Garage Parking, Gated, Lounge, Nest Thermostat, Planned Social Activities, Pool, Sauna, Spa/Hot Tub, Sport Court(s)/Facility, See Remarks

Schools

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

Lot Info

  • Lot Features: Near Public Transit, Views, See Remarks
  • Special Assessment: No
  • Parcel Number: 02010402160127
  • Lot Size Acres: 0.0260
  • Lot Size Sq Ft: 1132.56
  • Subdivision Name: Towers Town Lake Condo Amd

Building Info

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

Tax Info

  • Tax Block: D
  • Tax Filled Sqft Total: 1459
  • Tax Lot: 9C2
  • Tax Rate: 2.17668000000000
  • Tax Year: 2021
  • Tax Annual Amount: 6903.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Oct 26, 2022
Sold by
Colao Maria B
Bought by
Thoma Keith Austin
Seller's Agent
Josh Pruitt
Spyglass Realty
Buyer's Agent
Victoria Adams
Spyglass Realty
List Price
$675,000
Views
5
Current Estimated Value
$600,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%

Purchase Details

Closed on
Apr 29, 1997
Sold by
Town Lake Partners Ltd
Bought by
Lore John and Lore Helen Cathy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thoma Keith Austin -- Independence Title
Lore John -- Heritage Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold -- -- --
09/28/2022 09/28/22 Pending -- -- --
09/01/2022 09/01/22 Price Changed $625,000 -3.8% $428 / Sq Ft
06/09/2022 06/09/22 Price Changed $650,000 -3.7% $446 / Sq Ft
05/06/2022 05/06/22 For Sale $675,000 -- $463 / 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 $7,803 $493,996 $133,977 $360,019
2023 $10,643 $588,235 $133,977 $454,258
2022 $9,698 $491,041 $0 $0
2021 $9,717 $446,401 $133,977 $312,424
2020 $9,898 $461,464 $133,977 $327,487
2018 $9,734 $439,669 $111,648 $343,666
2017 $8,914 $399,699 $111,648 $308,335
2016 $8,104 $363,363 $111,648 $304,566
2015 $6,609 $400,460 $139,559 $260,901
2014 $6,609 $300,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Pruitt

    Seller's Agent in 2022

    Josh Pruitt

    Spyglass Realty

    (512) 626-3192

    3 in this area

    29 Total Sales

    Josh Pruitt
    Section Image

  • V

    Buyer's Agent in 2022

    Victoria Adams

    Spyglass Realty

    (512) 862-1177

    1 in this area

    35 Total Sales

    Victoria Adams
    Section Image
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About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8664046

Unlock MLS (Austin Board of REALTORS®)

APN: 188157

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 9C2, 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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