UNDER CONTRACT
$12K PRICE DROP
Towers Of Town Lake 40 N Interstate Hwy 35 Unit 3D4 Austin, TX 78701
Rainey Street Historic District NeighborhoodEstimated payment $4,672/month
Total Views
767,200
2
Beds
2
Baths
1,360
Sq Ft
$404
Price per Sq Ft
Highlights
- Concierge
- Lake Front
- In Ground Spa
- Mathews Elementary School Rated A
- Fitness Center
- Gated Community
About This Home
*** ~$24K PRICE IMPROVEMENT includes: $12K List Price Reduction PLUS a 12-Month HOA CREDIT AT CLOSING (~$12K) *** Steps from Rainey Street, Minutes from Everything. Perfect blend of modern living and serene retreat at this beautifully updated and maintained condo in the coveted Towers of Town Lake. Nestled in Austin’s vibrant Rainey Street District, this 2-bedroom, 2-bathroom home offers 1,360 square feet of thoughtfully designed space with premium amenities. Inside, you’ll find an updated kitchen with sleek cabinetry, a central island, and gorgeous hardwood floors that flow throughout the space. The bathrooms have been upgraded with modern mirrors and elegant finishes, while the spacious bedrooms feature walk-in closets for ample storage. Sunlit living areas, framed by floor-to-ceiling windows, open onto a private balcony with lush garden views and a glimpse of the community’s outdoor pool. Residents enjoy exclusive access to a wealth of amenities, including 24-hour concierge service, indoor and outdoor pools, a fitness center, sauna, Jacuzzi, racquetball court, library, and conference room—all within a limited-access, gated community. Located just steps from the Lady Bird Lake Hike & Bike Trail, Rainey Street’s buzzing nightlife, and East Austin’s vibrant dining and entertainment, this condo offers the best of both worlds: tranquility and urban excitement!
Listing Agent
DEN Property Group Brokerage Phone: (512) 222-3364 License #0526188 Listed on: 02/13/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,010
Year Built
- Built in 1983
Lot Details
- Lake Front
- Southwest Facing Home
- Fenced
- Wooded Lot
HOA Fees
- $1,002 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Slab Foundation
Interior Spaces
- 1,360 Sq Ft Home
- 1-Story Property
- Woodwork
- Ceiling Fan
- Recessed Lighting
- Living Room
- Dining Room
- Stacked Washer and Dryer
Kitchen
- Breakfast Bar
- Electric Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Stone Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Double Vanity
Home Security
Accessible Home Design
- No Interior Steps
Outdoor Features
- In Ground Spa
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 02010402160042
- Tax Block D
Community Details
Overview
- Association fees include common area maintenance, insurance, maintenance structure, trash
- Towers Of Town Lake Association
- Towers Town Lake Condo Amd Subdivision
Amenities
- Concierge
- Clubhouse
- Business Center
- Meeting Room
- Community Library
Recreation
- Trails
Security
- Gated Community
- Fire and Smoke Detector
Map
About Towers Of Town Lake
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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 | $9,494 | $524,742 | $125,775 | $398,967 |
| 2022 | $9,958 | $504,223 | $125,775 | $378,448 |
| 2021 | $9,586 | $440,408 | $125,775 | $314,633 |
| 2020 | $8,939 | $416,779 | $125,775 | $291,004 |
| 2018 | $9,082 | $410,193 | $104,813 | $305,380 |
| 2017 | $7,497 | $336,162 | $104,813 | $231,349 |
| 2016 | $7,460 | $334,509 | $104,813 | $229,696 |
| 2015 | $6,595 | $282,894 | $131,016 | $151,878 |
| 2014 | $6,595 | $296,468 | $131,016 | $165,452 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Price Changed | $550,000 | -2.1% | $404 / Sq Ft |
| 02/13/2025 02/13/25 | For Sale | $562,000 | -- | $413 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $249,375 | New Conventional |
Source: Public Records
Similar Homes in Austin, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8044371
APN: 188072
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