NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit 9D2 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $489,000 - $632,772

2 Beds
2 Baths
1,360 Sq Ft
$532/mo HOA Fee

Last Sold December 21, 2012

Current estimated payment $4,169/month

17 Days on Market

Highlights

  • Unit is on the top floor
  • In Ground Pool
  • Property is near a lake
  • Mathews Elementary School Rated A
  • River Front
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of December 2012

Luxury high rise living on preferred 9th floor corner unit with panoramic view of downtown skyline, amazing location, gated with 24-hr security. Super amenities include concierge service, maid service available, indoor/outdoor heated pools, sauna, piano & library room, fitness center, billiards room, racket ball and reserved covered parkingRestrictions: Yes

Last Agent to Sell the Property

L.C. Nino

LCN Enterprises, Inc. License #0447241 Listed on: 11/21/2012

Last Buyer's Agent

Rachel Nation

Nation Holdings LLC License #0576172

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,727

Year Built

  • Built in 1983

Lot Details

  • River Front
  • North Facing Home
  • Wooded Lot

HOA Fees

  • $532 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Assigned Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Customized Wheelchair Accessible
  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • In Ground Pool
  • Property is near a lake
  • Deck

Schools

  • Mathews Elementary School

Additional Features

  • Unit is on the top floor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02010402160130

Community Details

Overview

  • Association fees include cable TV, common area maintenance, insurance, maintenance structure, trash
  • High-Rise Condominium
  • Towers Of Town Lake Condomin Subdivision
  • Mandatory home owners association
  • The community has rules related to vehicle restrictions

Amenities

  • Common Area
  • Elevator

Recreation

  • Trails

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,727

Year Built

Built in 1983

Lot Details

0

HOA Fees

$532 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Single level Floor Plan, Elevator, High Rise (8-13 Stories), Neighbor Above, Neighbor Below
  • Building Area Total: 1360.00
  • Restrictions: Limited # Vehicles
  • Year Built: 1983
  • Direction Faces: North
  • Directions: South on IH-35 Service Road from Cesar Chavez to entry to Towers before Town Lake
  • Estimated Taxes: 6490.00
  • FEMA Flood Plain: No
  • Fencing: See Remarks
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1360.00
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: In-Law Floorplan, Multiple Dining Areas, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s)
  • Laundry Location: Laundry Closet
  • View: City
  • Flooring: Carpet, Tile
  • Fireplace Features: None
  • Num Dining: 2
  • Num Living: 1
  • Accessibility Features: Customized Wheelchair Accessible, See Remarks
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven, Washer
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Spa Features: None

Beds/Baths

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

Exterior Features

  • Exterior Features: Elevator, Lake, No Exterior Steps
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Private Pool: No
  • View: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: River Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Assigned, Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Common Area Maintenance, Insurance, Maintenance Structure, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 532.00

Association/Amenities

  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Common Grounds, Pool, Sauna, Walk/Bike/Hike/Jog Trail(s

Schools

  • School District: Austin ISD
  • Elementary School: Mathews

Lot Info

  • Lot Features: Trees-Medium (20 Ft - 40 Ft)
  • Lot Size: 1058.00
  • Special Assessment: No
  • Parcel Number: 02010402160130
  • Subdivision Name: TOWERS OF TOWN LAKE CONDOMIN

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: See Remarks

Tax Info

  • Tax Year: 2011
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Girard Richard Aaron Paul
Bought by
Craig Colleen May
Current Estimated Value
$555,943

Purchase Details

Listed on
Nov 21, 2012
Closed on
Dec 21, 2012
Sold by
Kugler Michael Andres
Bought by
Craig Colleen and Girard Richard
Seller's Agent
L.C. Nino
LCN Enterprises, Inc.
Buyer's Agent
Rachel Nation
Nation Holdings LLC
List Price
$289,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Nov 20, 1998
Sold by
Stanford James R
Bought by
Kugler Michael Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 1994
Sold by
Town Lake Partners Ltd
Bought by
Stanford James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.05%
Source: Public Records

Range of Values:

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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
Craig Colleen May -- None Available
Craig Colleen -- None Available
Kugler Michael Andres -- Alamo Title Company
Stanford James R -- Heritage Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kugler Michael Andres $119,200
Previous Owner Stanford James R $103,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold -- -- --
12/08/2012 12/08/12 Pending -- -- --
11/24/2012 11/24/12 Price Changed $295,990 +2.1% $218 / Sq Ft
11/21/2012 11/21/12 For Sale $289,990 -- $213 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $8,727 $502,496 $125,775 $376,721
2023 $7,339 $500,500 $0 $0
2022 $10,450 $529,123 $125,775 $403,348
2021 $10,043 $461,408 $125,775 $335,633
2020 $9,459 $441,000 $125,775 $315,225
2018 $8,929 $403,317 $104,813 $298,504
2017 $9,300 $417,013 $104,813 $356,633
2016 $8,455 $379,103 $104,813 $354,086
2015 $6,903 $344,639 $131,016 $283,006
2014 $6,903 $313,308 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L.C. Nino

    Seller's Agent in 2012

    L.C. Nino

    LCN Enterprises, Inc.

    (512) 415-2197

    45 Total Sales

    L.C. Nino
    Section Image
  • Rachel Nation

    Buyer's Agent in 2012

    Rachel Nation

    Nation Holdings LLC

    (512) 514-5458

    42 Total Sales

    Rachel Nation
    Section Image
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About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6145136

Unlock MLS (Austin Board of REALTORS®)

APN: 188160

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit 9D2, Austin, TX

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