40 N Interstate 35, Austin TX 78701

Austin, TX 78701 | Towers Town Lake Condo

Ed's Opinion of Value

$356,624 Ed's Estimate: $635,450 $1,695,000
Lowest Comp Recommended List: $1,565,000 to $1,710,000 Highest Comp
The estimated value of this property is $635,450, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,565,000 and $1,710,000. Among the similar homes currently available in TOWERS TOWN LAKE CONDO, this price point stands out as competitive. The 226 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 7 comparable homes in TOWERS TOWN LAKE CONDO; a buyer's market based on recent absorption. Recent trends in TOWERS TOWN LAKE CONDO show home values have fallen 21.9% since 6 months ago. The most comparable recent sale is 40 N Interstate 35 EXPY, Austin TX 78701, with an adjusted value of $356,624; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. 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

Towers of Town Lake - Unit 6A1. Spectacular corner unit with breathtaking views of Lady Bird Lake. Marble and wood floors, stainless steel appliances, granite and marble counters, mock electric fireplace, and much more. Two adjoining parking spaces on first floor of garage. Gated community with 24-hour concierge and security guard, indoor heated pool, outdoor sun pool, gym with handball and basketball court, clubroom, board room, weight room, and much more.FEMA - Unknown Restrictions: Yes

Features

  • Primary Bedroom on Main

Location

Schools

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

Property Details

Property Type Residential
Flooring Marble, Wood
Cooling Central Air
Heating Central, Electric
Exterior Elevator, See Remarks
County Travis
MLS # 5755748

Parking

Garage 2 spaces

HOA & Community

HOA Fee $697 /Monthly
HOA Includes Cable TV, Common Area Maintenance, Insurance, Trash, Water

Tax Information

Annual Taxes $6,528 (2013)

Listing History

MLS# 5755748 2 days
Mar 20, 2014 Off Market
Feb 16, 2014 Pending
Feb 14, 2014 Listed $525,000

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 March 20, 2014. Contact us for sale price details.

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