NOT LISTED FOR SALE

Towers Of Town Lake 40 N Interstate 35 Unit TH3 Austin, TX 78701

Rainey Street Historic District Neighborhood

Estimated Value: $676,000 - $826,000

3 Beds
3 Baths
2,217 Sq Ft
$1,074/ mo HOA Fee

Last Sold December 15, 2021

Current estimated payment $5,391/month

148 Days on Market

Highlights

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

About This Home

As of December 2021

Rare opportunity to own one out of eight townhomes at Towers of Town Lake. spacious 3/3 with attached two car garage. Lives like a single family home. Sellers converted downstairs bedroom and storage to a gym. Living/dining have high ceilings with two story windows. Upstairs bedrooms each have own bathroom and balcony. Fresh paint. Steps away to pool and Ladybird Lake Trail. Walking distance to Rainey St or Downtown. Amenities include 24 hr concierge and security, indoor and outdoor pool, sauna, gym and weight room. Easy Lock and Leave,
You can’t get the space and location for this price!

Last Agent to Sell the Property

Karen Liddy

Compass RE Texas, LLC License #0481503 Listed on: 06/11/2021

Compass RE Texas, LLC

Last Buyer's Agent

Susana Martinez

JBGoodwin REALTORS WL License #0560633

JBGoodwin REALTORS WL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,017

Year Built

  • Built in 1983

Lot Details

  • North Facing Home
  • Private Entrance
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System

HOA Fees

  • $1,074 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gated Parking
  • Secured Garage or Parking
  • Guest Parking
  • Additional Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Slab Foundation
  • Frame Construction
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 2,217 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Storage
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Kitchen

Home Security

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include onsite recycling center

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch
  • Terrace
  • Rain Gutters

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block TH3 / A
  • Assessor Parcel Number 02010402160002
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, ground maintenance, maintenance structure, security, trash
  • Towers Of Town Lake Association
  • Visit Association Website
  • Towers Town Lake Condo Amd Subdivision
  • Lock-and-Leave Community
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Concierge
  • Courtyard
  • Common Area
  • Door to Door Trash Pickup
  • Elevator

Recreation

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,017

Year Built

Built in 1983

Lot Details

1,612 Sq Ft Lot

HOA Fees

$1,074 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 1st Floor Entry, Elevator, See Remarks
  • Restrictions: Deed Restrictions
  • Year Built: 1983
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: Take IH35 South, exit Caesar Chavez, stay on access road, turn right onto San Marcos. The entrance to the townhomes is to the left but you must enter gate for Towers and use phone to access. Check in with Concierge/Front desk. You must sign in and get key.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 12117.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Full
  • Fireplaces: 1
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: Onsite Recycling Center
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 2217.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Ceiling-Vaulted, Counter-Granite, Eat-in Kitchen, Two Primary Closets, Interior Steps, Multiple Dining Areas, Recessed Lighting, Storage, Walk-In Closet(s)
  • Laundry Location: In Kitchen, Laundry Room, Main Level
  • View: Trees/Woods
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Living Room
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 2
  • Accessibility Features: See Remarks
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Oven, Refrigerator, Water Heater-Electric
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Building Security, Fire Alarm, Gated with Guard, Secured Garage/Parking, Security Service
  • Spa Features: None
  • Window Features: Blinds, Window Treatments

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Gutters Partial, Private Entrance, Restricted Access
  • Roof: Membrane
  • Foundation: Slab
  • Patio And Porch Features: Covered, Patio, Rear Porch, Terrace
  • Pool Features: Heated, In Ground, Indoor, Outdoor Pool
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Additional Parking, Assigned, Attached, Gated, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Internet-Cable, Phone Available, Sewer Connected, Water Connected
  • Heating: Electric
  • Water Source: Public
  • Cooling: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Security, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 1074.00
  • Community Web Site: towersoftownlake.com

Association/Amenities

  • Association Name: Towers of Town Lake
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Common Grounds, Concierge, Courtyard, Covered Parking, Fitness Center, Garage Parking, Gated, High Speed Internet, Lock and Leave, Property Manager On-Site, Sidewalks, Trash Pickup - Door to Door

Schools

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

Lot Info

  • Lot Features: Landscaped, Level, Sprinkler - Automatic
  • Special Assessment: See Remarks
  • Parcel Number: 02010402160002
  • Lot Size Acres: 0.0370
  • Lot Size Sq Ft: 1611.72
  • Subdivision Name: Towers Town Lake Condo Amd

Building Info

  • Construction Materials: Frame, Stucco
  • New Construction: No

Tax Info

  • Tax Block: A
  • Tax Filled Sqft Total: 2028
  • Tax Lot: TH3
  • Tax Rate: 2.22667000000000
  • Tax Year: 2021
  • Tax Annual Amount: 8017.00
  • Tax Exemptions: Homestead, Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Dec 1, 2021
Sold by
Porter Robert W and Porter Debra L
Bought by
Perez Belinda and Willett Shawn Marie
Seller's Agent
Karen Liddy
Compass RE Texas, LLC
Buyer's Agent
Susana Martinez
JBGoodwin REALTORS WL
List Price
$995,000
Current Estimated Value
$726,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.24%
Original Mortgage
$600,000
Outstanding Balance
$545,974
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$180,359

Purchase Details

Closed on
May 2, 1996
Sold by
Town Lake Partners Ltd
Bought by
Porter Robert W and Porter Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Perez Belinda -- Texas National Title
Porter Robert W -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Belinda $600,000
Previous Owner Porter Robert W $207,000
Closed Porter Robert W $38,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold -- -- --
11/06/2021 11/06/21 Pending -- -- --
10/21/2021 10/21/21 Price Changed $850,000 -2.3% $383 / Sq Ft
10/09/2021 10/09/21 Price Changed $870,000 -2.8% $392 / Sq Ft
09/22/2021 09/22/21 Price Changed $895,000 -3.2% $404 / Sq Ft
09/07/2021 09/07/21 Price Changed $925,000 -2.6% $417 / Sq Ft
07/23/2021 07/23/21 Price Changed $950,000 -4.5% $429 / Sq Ft
06/11/2021 06/11/21 For Sale $995,000 -- $449 / 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 $6,454 $563,373 $188,662 $374,711
2023 $7,978 $776,725 $188,662 $588,063
2022 $15,743 $797,140 $188,662 $608,478
2021 $11,845 $544,174 $188,662 $355,512
2020 $11,831 $551,592 $188,662 $362,930
2018 $11,780 $532,074 $157,218 $380,860
2017 $10,787 $483,704 $157,218 $370,966
2016 $9,807 $439,731 $157,218 $368,317
2015 $6,747 $399,755 $196,523 $305,205
2014 $6,747 $363,414 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Liddy

    Seller's Agent in 2021

    Karen Liddy

    Compass RE Texas, LLC

    (512) 971-0076

    2 in this area

    27 Total Sales

    Karen Liddy
    Section Image

  • S

    Buyer's Agent in 2021

    Susana Martinez

    JBGoodwin REALTORS WL

    1 in this area

    13 Total Sales

    Susana Martinez
    Section Image
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About Towers Of Town Lake

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8646013

Unlock MLS (Austin Board of REALTORS®)

APN: 188032

Texas Travis County Austin 78701 Rainey Street Historic District

40 N Interstate 35 Unit TH3, Austin, TX

Not Listed for Sale

Condos

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Based on information submitted to the MLS GRID

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