40 N Interstate 35, Austin TX 78701

Austin, TX 78701 | Towers Town Lake Condo

Ed's Opinion of Value

$84,464 Ed's Estimate: $84,464 $775,889
Lowest Comp Recommended List: $751,000 to $776,000 Highest Comp

Listing History

$2,550 List Price
$747,227 Comp Value
1 Price Reductions

This property was listed at $2,550 and withdrawn after 205 days on market. The price was reduced from $2,800 to $2,550. This listing activity factors into the valuation.

My analysis of 3 comparable properties puts this home's estimated value at $84,464. Based on how the local market is moving, a list price between $751,000 and $776,000 would position this home well. This would position the home competitively among 7 active listings in TOWERS TOWN LAKE CONDO. With 3 comparable sales in TOWERS TOWN LAKE CONDO, 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
1,533 Sq Ft
0.0275 Acres
1983 Built
2 Garage

About This Property

Located in a premier location with convenient access to downtown and Rainey Street, this 2-bedroom, 2-bathroom condo offers a turnkey lifestyle in the heart of Austin. Bamboo floors run throughout the open living room with a wall of sliding glass doors that lead to a spacious balcony, allowing plenty of natural light to enter the residence. The kitchen boasts stainless-steel appliances and ample cabinetry for storage. The primary bedroom features a walk-in closet and an en-suite bathroom with dual sinks, a water closet, and a built-in linen closet. The unit also has in-unit laundry. One of the first condo buildings in Austin, Towers of Town Lake is home to highly sought after amenities including 24-hour concierge service, a fitness center with a basketball court, a sauna, resort-style indoor and outdoor pools, a billiards room, well-maintained common areas, and a conference room. Easily explore the Hike-and-Bike Trail and enjoy the exceptional sights, restaurants, and entertainment both downtown and in East Austin. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Double Vanity
  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

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

Property Details

Property Type Residential
Flooring Bamboo, Tile, Wood
Cooling Ceiling Fan(s), Central Air
Heating Central
Exterior Balcony, Dog Run
County Travis
MLS # 8427407

Parking

Garage 2 spaces

HOA & Community

HOA Fee $1,200 /Monthly
HOA Includes See Remarks, Electricity

Tax Information

Annual Taxes $11,144 (2025)

Listing History

MLS# 1117705 205 days (208 CDOM)
Apr 8, 2026 Off Market
Feb 27, 2026 Pending
Jan 22, 2026 Price Change $420,000
Aug 5, 2025 Listed $510,000

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

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

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

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

40 N Interstate 35, Austin TX 78701 is currently off market.

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