NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit PC1 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $1,070,000 - $1,664,666

3 Beds
3 Baths
2,651 Sq Ft
$1,133/mo HOA Fee

Last Sold May 22, 2018

Current estimated payment $9,492/month

Highlights

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

About This Home

As of May 2018

PENTHOUSE with views to die for of Lady Bird Lake and Downtown! One block to fun-filled Rainey St.! Resort style living on gated & fenced 5+ac. Three bedrooms, three full baths, two balconies-one facing Downtown and second facing Lady Bird Lake, center island kitchen w/breakfast area, incredible storage. Amenities include indoor heated pool w/hot tub, outdoor pool, Fitness center w/saunas, racquetball/basketball court, weight room, conference room, library, 24 hr. concierge and on-site security.Restrictions: Yes Sprinkler Sys:Yes

Last Agent to Sell the Property

Ginny Caperton

Sky Realty License #0469412 Listed on: 04/22/2018

Sky Realty

Co-Listed By

Victoria Teas

Sky Realty License #0563659

Sky Realty

Last Buyer's Agent

Victoria Teas

Sky Realty License #0563659

Sky Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,498

Year Built

  • Built in 1983

Lot Details

  • North Facing Home
  • Wrought Iron Fence
  • Sprinkler System
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $1,133 Monthly HOA Fees

Parking

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

Property Views

Home Design

  • Slab Foundation
  • Flat Tile Roof
  • Masonry Siding

Interior Spaces

  • 2,651 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Cedar Closet
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Pool

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

Outdoor Features

  • Basketball Court

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block PC1 / D
  • Assessor Parcel Number 02010402160176
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, insurance, sewer, trash, water
  • Towers Of Town Lake Association
  • High-Rise Condominium
  • Towers Town Lake Condo Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Amenities

  • Concierge
  • Common Area
  • Meeting Room
  • Community Library
  • Elevator

Recreation

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,498

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,133 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Elevator, High Rise (8-13 Stories)
  • Building Area Total: 2651.00
  • Restrictions: City Restrictions, Covenant, Deed Restrictions
  • Year Built: 1983
  • Direction Faces: North
  • Directions: Southbound IH35, exit Caesar Chavez, stay on frontage road. Towers of Town Lake entrance on right just before Chevron station. Visitors' gate on right. Use phone at gate to call Concierge for access.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 16797.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wrought Iron
  • Garage Spaces: 2.00
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2651.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Cedar Closet(s), Elevator, Multiple Dining Areas, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s)
  • Laundry Location: In Unit, Laundry Room
  • View: City, Lake, River
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: None
  • Num Dining: 2
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Electric Cooktop, Dishwasher, Disposal, Microwave, Oven, Water Heater-Electric
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: Fire Alarm, Security Guard, Smoke Detector(s)
  • Spa Features: Hot Tub, In Ground

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Basketball Court, Elevator, No Exterior Steps, See Remarks
  • Roof: Flat Tile
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: Heated, In Ground, Indoor, Pool/Spa Combo
  • Private Pool: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Internet-Fiber, Phone Available
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 1133.00

Association/Amenities

  • Management Company: Somerset
  • Association Name: Towers of Town Lake
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Common Grounds, Concierge, Conference/Meeting Room, Fitness Center, Garage Parking, Gated, Library, Property Manager On-Site

Schools

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

Lot Info

  • Lot Features: Curbs, Level, Sprinkler - Automatic, Trees-Large (Over 40 Ft), Trees-Moderate
  • Special Assessment: No
  • Parcel Number: 02010402160176
  • Lot Size Acres: 0.0480
  • Lot Size Sq Ft: 2090.88
  • Subdivision Name: Towers Town Lake Condo Amd

Rental Info

  • Furnished: Unfurnished

Building Info

  • Construction Materials: Masonry – All Sides

Tax Info

  • Tax Block: D
  • Tax Filled Sqft Total: 2651
  • Tax Lot: PC1
  • Tax Rate: 2.21399000000000
  • Tax Year: 2017
  • Tax Annual Amount: 15498.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2018
Closed on
May 22, 2018
Sold by
Wilhelm Edward M
Bought by
Goodale Mark H and Garcia Goodale Julia
Seller's Agent
Ginny Caperton
Sky Realty
Buyer's Agent
Victoria Teas
Sky Realty
List Price
$915,000
Current Estimated Value
$1,279,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$565,000
Outstanding Balance
$486,484
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$793,433

Purchase Details

Closed on
Oct 20, 2007
Sold by
Whitlock Sylvia Plard
Bought by
Whitlock Sylvia Plard

Purchase Details

Closed on
Jan 25, 1994
Sold by
Town Lake Partners Ltd
Bought by
Klumpp Charles H and Klumpp Monica M
Source: Public Records

Range of Values:

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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
Goodale Mark H -- None Available
Whitlock Sylvia Plard -- None Available
Klumpp Charles H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodale Mark H $565,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2018 05/22/18 Sold -- -- --
04/22/2018 04/22/18 Pending -- -- --
04/22/2018 04/22/18 For Sale $915,000 +55.7% $345 / Sq Ft
06/04/2013 06/04/13 Sold -- -- -- View Prior Sale
04/17/2013 04/17/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $587,500 -- $222 / 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 $19,925 $1,066,384 $246,081 $820,303
2023 $17,132 $1,098,364 $0 $0
2022 $19,720 $998,513 $0 $0
2021 $19,759 $907,739 $246,081 $661,658
2020 $20,154 $939,641 $246,081 $693,560
2018 $18,477 $834,537 $205,068 $844,267
2017 $16,919 $758,670 $205,068 $569,932
2016 $15,381 $689,700 $205,068 $623,033
2015 $12,712 $627,000 $256,335 $474,555
2014 $12,712 $570,000 $256,335 $313,665
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Ginny Caperton

    Sky Realty

    Section Image

  • V

    Seller Co-Listing Agent in 2018

    Victoria Teas

    Sky Realty

    Section Image

  • L

    Buyer's Agent in 2013

    Loretta Voss

    Voss Properties

    Section Image
See All Agents

About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8824269

Unlock MLS (Austin Board of REALTORS®)

APN: 188206

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit PC1, Austin, TX

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