$575,000
SOLD APR 19, 2021
Last list price
2 Beds
2 Baths
1,360 Sq Ft
$700/mo HOA Fee

Recently Sold

$423 Per Sq Ft

67 Days on Market

Highlights

  • Lake Front
  • Pool House
  • Gated Community
  • Mathews Elementary School Rated A
  • Panoramic View
  • 4-minute walk to Waller Beach at Town Lake Metropolitan Park

About This Home

As of April 2021

Incredible views of the lake and the city from the 10th floor! Owner has extensive renovated kitchen, bathrooms, hardwood floors and much more. Freshly painted, looks and feels great. End unit with a huge balcony that's ideal to watch the 4th of July fireworks or just relax and enjoy Austin. Community has indoor & outdoor pool, gym, racquetball, conference room, billards room, piano area and 24hr desk attendant. Walk out the door to Hike & Bike Trail or dinner & drinks on Rainey Street. This is timeless luxury, a not concrete box.

Last Agent to Sell the Property

Deacon Shields

Ely Properties, Inc. License #0432383 Listed on: 12/18/2020

Ely Properties, Inc.

Last Buyer's Agent

Kristin Kreisel

Compass RE Texas, LLC License #0641235

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,662

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • Southwest Facing Home
  • Security Fence
  • Wrought Iron Fence

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Community Parking Structure

Property Views

  • Panoramic

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Blinds

Kitchen

  • Breakfast Bar
  • Oven
  • Electric Range
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Accessible Home Design

  • Stepless Entry

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include onsite recycling center
  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Pool

  • Pool House
  • In Ground Pool
  • Outdoor Pool
  • Waterfall Pool Feature

Outdoor Features

  • Outdoor Kitchen
  • Terrace
  • Pergola
  • Playground

Schools

  • Mathews Elementary School
  • Martin Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10D4 / D
  • Assessor Parcel Number 02010402160145
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, parking, security, sewer, trash, water
  • Towers Of Town Lake Association
  • High-Rise Condominium
  • Towers Town Lake Condo Amd Subdivision
  • Mandatory home owners association

Amenities

  • Courtyard
  • Clubhouse
  • Game Room
  • Package Room

Security

  • Gated Community

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,662

Year Built

Built in 1983

Lot Details

0

HOA Fees

$700 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories), Tower (14+ Stories)
  • Restrictions: Lease
  • Year Built: 1983
  • Additional Parcels: No
  • Direction Faces: SW
  • Directions: South on I-35 access road, follow to building tunr before gas station. Use entry call box.
  • Disclosures: None
  • Estimated Taxes: 9569.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Security, Wrought Iron
  • Garage Spaces: 2.00
  • Green Energy Efficient: Appliances, HVAC, Insulation
  • Green Sustainability: Onsite Recycling Center
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1360.00
  • Other Structures: Outdoor Kitchen, Pergola, Pool House, Tennis Court(s)
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Ceiling-High, Electric Dryer Hookup, Elevator, Walk-In Closet(s), Washer Hookup, Counter-Granite
  • Laundry Location: In Unit
  • View: City, City Lights, Lake, Panoramic, River
  • Flooring: Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dryer, Electric Range, Microwave, Oven, Washer/Dryer
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: None
  • Window Features: Blinds

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, No Exterior Steps, Playground
  • Roof: Built-Up
  • Foundation: Slab
  • Patio And Porch Features: Terrace
  • Pool Features: In Ground, Outdoor Pool, Waterfall
  • Private Pool: Yes
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet-Cable, Phone Available, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Parking, Security, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 700.00

Association/Amenities

  • Association Name: Towers of Town Lake
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Clubhouse, Courtyard, Game Room, Garage Parking, Gated, Package Service

Schools

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

Lot Info

  • Lot Features: Level
  • Parcel Number: 02010402160145
  • Lot Size Acres: 0.0240
  • Lot Size Sq Ft: 1045.44
  • Subdivision Name: Towers Town Lake Condo Amd

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Tax Info

  • Tax Block: D
  • Tax Filled Sqft Total: 1360
  • Tax Lot: 10D4
  • Tax Rate: 2.14486000000000
  • Tax Year: 2020
  • Tax Annual Amount: 8662.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Apr 16, 2021
Sold by
Morin Paul T and Morin Adriana
Bought by
Kern Paulo Ricardo Franco and Lindemann Mariane
Seller's Agent
Deacon Shields
Ely Properties, Inc.
Buyer's Agent
Kristin Kreisel
Compass RE Texas, LLC
List Price
$575,000
Current Estimated Value
$578,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$442,000
Outstanding Balance
$407,037
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$389,963

Purchase Details

Closed on
Apr 30, 1998
Sold by
Town Lake Partners Ltd
Bought by
Meyer Tomas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.09%
Source: Public Records

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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 Type Sale Price Title Company
Vendors Lien -- Independence Title
Vendors Lien -- Heritage Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $442,000 New Conventional
Previous Owner $210,000 Commercial
Previous Owner $250,000 Commercial
Previous Owner $153,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold -- -- --
02/23/2021 02/23/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $575,000 -- $423 / 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
2023 $10,127 $559,742 $125,775 $433,967
2022 $10,614 $537,423 $125,775 $411,648
2021 $9,390 $431,394 $125,775 $305,619
2020 $9,569 $446,129 $125,775 $320,354
2018 $9,764 $440,993 $104,813 $336,180
2017 $9,025 $404,688 $104,813 $333,619
2016 $8,205 $367,898 $104,813 $331,236
2015 $6,693 $334,453 $131,016 $267,263
2014 $6,693 $304,048 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9868570

Unlock MLS (Austin Board of REALTORS®)

APN: 188175