Towers Of Town Lake 40 N Interstate 35 Unit PB1 Austin, TX 78701
Rainey Street Historic District NeighborhoodEstimated payment $7,467/month
Total Views
4,477
2
Beds
2.5
Baths
2,651
Sq Ft
$377
Price per Sq Ft
Highlights
- Concierge
- Fitness Center
- Gated Parking
- Mathews Elementary School Rated A
- Gated with Attendant
- 4-minute walk to Waller Beach at Town Lake Metropolitan Park
About This Home
Rare opportunity to own a top floor penthouse at one of the city's most desirable complexes! Seller Financing Available! This unit was built for the designer of the entire complex to his specifications and has only sold one time since. With a huge living area open to the dining area and kitchen, the open concept of this unit is incredibly hard to find among Downtown condos. The living area has a balcony overlooking the city with views of Rainey St and Town Lake. Walk to town lake and Rainey street in minutes from this incredibly convenient location. Both bedrooms in this unit have large full baths attached to them and the Foyer in between them has a tastefully decorated half bath and double doors to each of the suites. In the primary suite you will find another balcony with a clear and peaceful view of Town Lake. There is also a bathtub in the room with a large window to appreciate the natural light that the top floor provides. Large walk in closets, counters and bathrooms in this unit create an incredible ambience of spaciousness. The Towers of Town Lake has been one of the city's premier complexes for a long time, with its gated 24-hour access, easy access from I-35 and close proximity to Rainey St. District and Town Lake. The community features a well equipped fitness center, racquetball court, indoor pool, outdoor pool, concierge service, business center, and much more. All of the high grade furniture can convey with a full priced offer, making your move as easy as possible. There are not many opportunities to secure a top floor penthouse, do not miss out on yours!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $21,372
Year Built
- Built in 1983
Lot Details
- North Facing Home
- Security Fence
- Gated Home
- Property is Fully Fenced
HOA Fees
- $147 Monthly HOA Fees
Parking
- 2 Car Garage
- Common or Shared Parking
- Driveway
- Gated Parking
- Secured Garage or Parking
- Community Parking Structure
Property Views
Home Design
- Slab Foundation
- Concrete Roof
- Concrete Siding
Interior Spaces
- 2,651 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Bookcases
- Bar Fridge
- Bar
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Blinds
- Security Lights
- Washer and Dryer
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
- Quartz Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Double Master Bedroom
- Walk-In Closet
- Double Vanity
- Bidet
- Soaking Tub
- Separate Shower
Outdoor Features
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 02010402160173
- Tax Block D
Community Details
Overview
- Association fees include common area maintenance
- Towers Of Town Lake Association
- Towers Town Lake Condo Amd Subdivision
- On-Site Maintenance
Amenities
- Concierge
- Community Barbecue Grill
- Game Room
- Business Center
- Office
- Community Mailbox
Recreation
Security
- Gated with Attendant
- Card or Code Access
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Map
About Towers Of Town Lake
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $18,835 | $1,181,271 | $246,081 | $935,190 |
| 2022 | $18,466 | $935,000 | $246,081 | $688,919 |
| 2021 | $19,362 | $889,500 | $246,081 | $643,419 |
| 2020 | $19,499 | $909,100 | $246,081 | $663,019 |
| 2018 | $22,937 | $1,035,991 | $205,068 | $830,923 |
| 2017 | $18,568 | $832,583 | $205,068 | $627,515 |
| 2016 | $18,468 | $828,101 | $205,068 | $623,033 |
| 2015 | $14,279 | $661,744 | $256,335 | $405,409 |
| 2014 | $14,279 | $599,992 | $256,335 | $343,657 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | Price Changed | $999,000 | -9.1% | $377 / Sq Ft |
| 01/08/2025 01/08/25 | For Sale | $1,099,000 | -- | $415 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Available | |
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | -- | 1St Security Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $300,000 | Seller Take Back | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $153,600 | No Value Available |
Source: Public Records
Similar Homes in Austin, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4500041
APN: 188203
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