40 N Interstate 35, Austin TX 78701

Austin, TX 78701 | Towers Town Lake Condo

Ed's Opinion of Value

$356,624 Ed's Estimate: $458,825 $1,695,000
Lowest Comp Recommended List: $1,480,000 to $1,565,000 Highest Comp
The market data from 7 similar recent sales in TOWERS TOWN LAKE CONDO points to a value of approximately $458,825. To sell within a reasonable timeframe at fair market value, the $1,480,000 to $1,565,000 range is where I'd position this. With 7 comparable homes on the market in TOWERS TOWN LAKE CONDO, this price positions the property as the most affordable of 7 comparable homes on the market. Being 361 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in TOWERS TOWN LAKE CONDO; a buyer's market based on recent absorption. In TOWERS TOWN LAKE CONDO, home values have fallen approximately 21.9% over the past 6 months. One of the strongest data points is 40 N Interstate 35 EXPY, Austin TX 78701, adjusting to $356,624; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
2 Beds
2 Baths 2 Full
1,743 Sq Ft
0.031 Acres
1983 Built
2 Garage

About This Property

The opportunities are endless with this huge corner unit*Originally a 3 bedroom, the 3rd bedroom was converted into a fabulous closet, which could easily be converted back if desired*Tons of natural light and a sizable balcony overlooking Lady Bird Lake*Additional office/TV room off of the main living area*Large owner's suite with double vanity and a walk-in closet*Nicely sized secondary bedroom*Tons of counter space and cabinetry in the spacious kitchen*Utility room with water & dryer*Two reserved, covered parking spaces*Luxury residential tower with all the amenities you are looking for - gated entry, 24-hour concierge service, indoor heated pool, sauna, spa, outdoor pool, library piano lounge, fitness center & racquetball court*Truly lock-and-leave*Walk out the door to Lady Bird Lake, the Hike and Bike Trail and Rainey Street restaurants*This is what downtown living is all about*Priced under $300 a sq. ft. leaves room to make it your own!

Features

  • Chandelier
  • Electric Dryer Hookup
  • In-Law Floorplan
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

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

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 9769890

Parking

Garage 2 spaces

HOA & Community

HOA Fee $889 /Monthly
HOA Includes Maintenance Grounds, Maintenance Structure, Parking, Security, Water

Tax Information

Annual Taxes $5,056 (2020)

Listing History

MLS# 9769890 26 days (25 CDOM)
Dec 8, 2020 Off Market
Nov 26, 2020 Pending
Nov 1, 2020 Listed $520,000

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 sold on December 8, 2020. Contact us for sale price details.

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