Towers Of Town Lake 40 N Interstate 35 Unit PA1 Austin, TX 78701
Rainey Street Historic District NeighborhoodHighlights
- Concierge
- Fitness Center
- Cabana
- Mathews Elementary School Rated A
- Building Security
- 5-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
This sprawling 6,260-square-foot penthouse offers an unparalleled standard of space, privacy, and classic elegance in downtown Austin. Arriving via two secure, dedicated elevators that open directly into the residence, you are immediately greeted by expansive, panoramic views of Lady Bird Lake and the downtown skyline, which can be enjoyed from four private balconies situated throughout the property. The penthouse features three distinct living rooms, two formal dining rooms, a private movie theater, and a dedicated executive office that easily serves as a fifth bedroom with its own full bath. The layout encompasses four bedrooms, each with its own walk-in closet and dedicated full bathroom, providing ultimate convenience and privacy. The interior showcases traditional, timeless craftsmanship, highlighted by rich, all-wood flooring throughout the main areas and plush carpeting reserved for just two of the bedrooms. Fully turnkey for a minimum 12-month lease, the home has been refreshed with recent paint and includes premium appliances. Logistical convenience is unmatched, featuring six premium parking spaces positioned as the very first spots upon entering the covered garage. Situated in the absolute best location downtown, the property sits just a few steps from the Lady Bird Lake trails, the vibrant Rainey Street district, and premier area dining and shopping. Residents also enjoy 24/7 concierge service and elite building amenities, including indoor racquetball and basketball courts, cardio and weight rooms, indoor and outdoor pools, sauna, billiards room, and a library.
Listing Agent
Hills and Views LLC Brokerage Phone: (512) 994-4618 License #0595744 Listed on: 07/20/2026
Condo Details
Home Type
- Condominium
Year Built
- Built in 1983
Lot Details
- Southeast Facing Home
- Landscaped
Parking
- 6 Car Garage
- Gated Parking
- Guest Parking
- Reserved Parking
- Assigned Parking
- Community Parking Structure
Property Views
- Park or Greenbelt
Home Design
- Slab Foundation
- Concrete Roof
- Concrete Siding
- Plaster
Interior Spaces
- 6,260 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wet Bar
- Wired For Sound
- Built-In Features
- Bookcases
- Bar Fridge
- Bar
- Ceiling Fan
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Aluminum Window Frames
- Window Screens
- Great Room with Fireplace
- Multiple Living Areas
- Dining Area
- Storage
- Washer and Dryer
- Closed Circuit Camera
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Electric Oven
- Cooktop
- Microwave
- Built-In Freezer
- Built-In Refrigerator
- Dishwasher
- Wine Refrigerator
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Double Master Bedroom
- Dual Closets
- Walk-In Closet
- Two Primary Bathrooms
- Double Vanity
- Soaking Tub
Pool
- Cabana
- Spa
Outdoor Features
- Covered Patio or Porch
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- High Speed Internet
Listing and Financial Details
- Security Deposit $29,000
- Tenant pays for all utilities, pest control
- The owner pays for association fees, taxes
- 12 Month Lease Term
- $50 Application Fee
- Assessor Parcel Number 02010402160172
- Tax Block D
Community Details
Overview
- Property has a Home Owners Association
- 183 Units
- Towers Town Lake Condo Amd Subdivision
- Property managed by Hills and Views, LLC
- On-Site Maintenance
- Greenbelt
Amenities
- Concierge
- Community Barbecue Grill
- Courtyard
- Common Area
- Sauna
- Game Room
- Business Center
- Meeting Room
- Community Library
- Package Room
- Community Mailbox
Recreation
- Trails
Pet Policy
- Pet Deposit $500
- Dogs and Cats Allowed
- Medium pets allowed
Security
- Building Security
- Resident Manager or Management On Site
- Controlled Access
- Gated Community
- Fire and Smoke Detector
Map
About Towers Of Town Lake
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 |
|---|---|---|---|---|
| 07/20/2026 07/20/26 | For Rent | $29,000 | -- | -- |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 6237938
- 40 N Interstate 35 Unit 1B3
- 40 N Interstate 35 Unit 6D3
- 40 N Interstate 35 Unit 3B3
- 40 N Interstate 35 Unit 4A4
- 40 N Interstate 35 Unit 11B2
- 40 N Interstate 35 Unit 8C4
- 40 N Interstate Highway 35 Unit 10A3
- 40 N I H 35 Unit 12A3
- 44 East Ave Unit 1602
- 44 East Ave Unit 3402
- 44 East Ave Unit 1510
- 44 East Ave Unit 2610
- 44 East Ave Unit 1706
- 44 East Ave Unit 2108
- 44 East Ave Unit 1407
- 44 East Ave Unit 4104
- 44 East Ave Unit 1509
- 44 East Ave Unit 2408
- 44 East Ave Unit 3705
- 44 East Ave Unit 2701
- 40 N Interstate 35 Unit 7B1
- 44 East Ave Unit 3001
- 44 East Ave Unit 1502
- 44 East Ave Unit 2903
- 44 East Ave Unit 2207
- 44 East Ave Unit 1902
- 44 East Ave Unit 3205
- 44 East Ave Unit 1702
- 44 East Ave Unit 2404
- 44 East Ave Unit 3111
- 48 East Ave Unit 2106
- 48 East Ave Unit SI FL26-ID1013569P
- 51 Rainey St
- 54 Rainey St Unit 618
- 54 Rainey St Unit 1201
- 52 Waller St Unit SI ID1244651P
- 57 Waller St
- 70 Rainey St
- 70 Rainey St Unit ID24009
- 70 Rainey St Unit 1703
Ask me questions while you tour the home.