40 N Interstate 35, Austin TX 78701

Austin, TX 78701 | Towers Of Town Lake Condominiums Am

Ed's Opinion of Value

$394,698 Ed's Estimate: $743,261 $2,525,000
Lowest Comp Recommended List: $604,000 to $614,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $743,261. For a well positioned listing in TOWERS OF TOWN LAKE CONDOMINIUMS AM, I'd target the $604,000 to $614,000 range. Among the similar homes currently available in TOWERS OF TOWN LAKE CONDOMINIUMS AM, this price point stands out as competitive. The larger floor plan (230 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5.00 acres, the lot is larger than the 0.03 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in TOWERS OF TOWN LAKE CONDOMINIUMS AM, ranging from $539,000 to $2,525,000. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 40 N Interstate 35 EXPY, Austin TX 78701, with an adjusted value of $394,698; 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
3 Beds
2 Baths 2 Full
1,743 Sq Ft
5 Acres
1983 Built
2 Garage

About This Property

Beautiful views of the Lady Bird Lake, hike and bike trail & down town in the desirable A towers . This 3 bedroom 2 bath , plus a study or second living with built -in book case. It's spacious and open floor plan that has been updated/ remodeled with an open concept and lots of natural lights. Enjoy the many amenities like 2 fitness centers, racket/basket ball court,outdoor &indoor heated pool,game room. 2 Reserved parking & just blocks from Rainey st & yet in a quiet settingRestrictions: Yes Sprinkler Sys:Yes

Features

  • Bookcases
  • Breakfast Bar
  • In-Law Floorplan
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Track Lighting
  • 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 Wood
Cooling Central Air
Heating Central, Electric
Exterior Elevator, Exterior Steps, See Remarks
County Travis
MLS # 9748401

Parking

Garage 2 spaces

HOA & Community

HOA Fee $701 /Monthly
HOA Includes Common Area Maintenance, Insurance, Landscaping, Trash, Water

Tax Information

Annual Taxes $6,900 (2015)

Listing History

MLS# 9748401 16 days
Apr 6, 2016 Off Market
Mar 4, 2016 Pending
Feb 17, 2016 Listed $695,000

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 April 6, 2016. Contact us for sale price details.

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