40 N IH 35, Austin TX 78701

Austin, TX 78701 | Towers of Town Lake

Ed's Opinion of Value

$318,066 Ed's Estimate: $567,870 $765,529
Lowest Comp Recommended List: $471,000 to $481,000 Highest Comp
After reviewing 3 recent transactions in 78701, I estimate this property's value at $567,870. A competitive list price for this home right now would fall in the $471,000 to $481,000 range. This would position the home competitively among 7 active listings in 78701. Buyers in 78701 have 7 comparable options right now, with asking prices between $409,000 and $1,390,000. Prices in 78701 have fallen 14.6% over the last 6 months. A similar home at 40 N Interstate 35 EXPY, Austin TX 78701 carries an adjusted comparable value of $318,066, providing a strong data point. With 3 comparable sales in 78701, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
2 Beds
2 Baths 2 Full
1,450 Sq Ft
0.0333 Acres
1983 Built
2 Garage

About This Property

Built in 1983, the Towers of Town Lake, located at 40 N. IH 35, is one of Austin’s earlier residential high rise buildings. If you are looking for downtown living at its best, you can get more space for your money here. This unit has 2 bedrooms and 2 baths with a large balcony. The name comes from the four towers of elevator banks – A through D. Each elevator stop accesses a maximum of four units per floor. The Towers of Town Lake is located right across from Ladybird Lake Trail.Restrictions: Yes

Features

  • Breakfast Bar
  • Elevator
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Carpet
Cooling Central Air
Heating Central
Exterior Elevator, See Remarks
County Travis
MLS # 8246910
Garage 2 spaces

HOA & Community

HOA Fee $598 /Monthly
HOA Includes Cable TV, Common Area Maintenance, Insurance, Maintenance Structure, Security

Tax Information

Annual Taxes (MLS) $5,964 (2012)

Listing History

MLS# 8246910 57 days
Sep 30, 2013 Off Market
Sep 23, 2013 Pending
Jun 19, 2013 Listed $329,900

Frequently Asked Questions About 40 N IH 35, Austin TX 78701

When was 40 N IH 35, Austin TX 78701 built?

40 N IH 35, Austin TX 78701 was built in 1983.

How much does 40 N IH 35, Austin TX 78701 cost?

40 N IH 35, Austin TX 78701 sold on September 30, 2013. Contact us for sale price details.

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