40 N INTERSTATE 35, Austin TX 78701

Austin, TX 78701 | Towers Town Lake Condo

Off Market

Exterior view of 40 N INTERSTATE 35, Austin TX 78701

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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

Reviewing the most recent comparable transactions, this home's market value falls around $635,450. For a well positioned listing in TOWERS TOWN LAKE CONDO, I'd target the $1,565,000 to $1,710,000 range. 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. 7 similar homes are currently available in TOWERS TOWN LAKE CONDO, creating a buyer's market for this price range. 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. 3 comparable transactions in TOWERS TOWN LAKE CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

TOWERS TOWN LAKE CONDO Market Trends

$437,500 Median Sold Price ▼ 21.9% 6mo

$292/sqft Median $/SqFt ▼ 5.5% 6mo

91 days Avg Days on Market 42 days faster

4 homes Active Inventory 4 mo supply

96.1% Sale-to-List Ratio

6 Sales (6 months)

Recently Sold Comparables

$356,624 adjusted 40 N Interstate 35 EXPY, Austin TX 78701 2bd / 2.0ba • 1,459 sqft • 0.1 mi Sold 9 days ago

$817,229 adjusted 1506 W 13th ST # 7, Austin TX 78703 2bd / 3.0ba • 1,702 sqft • 2.1 mi Sold 8 months ago

$748,579 adjusted 1201 Castle Hill ST # 105, Austin TX 78703 2bd / 2.0ba • 1,389 sqft • 1.8 mi Sold 5 months ago

Currently on Market

$539,000 40 N Interstate 35, Austin TX 78701 2bd / 2.0ba • 1,533 sqft • 0 mi 94 days on market

$1,465,000 70 Rainey ST # 1901, Austin TX 78701 2bd / 2.0ba • 1,697 sqft • 0.3 mi 37 days on market

$1,695,000 70 Rainey ST # 2201, Austin TX 78701 2bd / 2.0ba • 1,697 sqft • 0.3 mi 1 days on market

2 Beds

2 Baths 2 Full

1,743 Sq Ft

0.031 Acres

1983 Built

2 Garage

About This Property

Beautifully remodeled condo in the Towers of Town Lake, with spectacular views of Lady Bird Lake, the Hike & Bike Trail, and downtown Austin. Two master suites with lake views and a spectacular closet. Open kitchen and living with an abundance of natural light. An array of building amenities including the fitness center, handball/racquetball court, indoor/outdoor pool with spa, game room and assigned parking. Close proximity to “all things Austin” while still feeling tucked away from the city!Restrictions: Yes Sprinkler Sys:Yes

Features

Cedar Closet(s)
High Ceilings
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central, Electric

Exterior Dock

County Travis

MLS # 4504270

Parking

Garage 2 spaces

HOA & Community

HOA Fee $701 /Monthly

HOA Includes Gas, Insurance, Trash, Water, See Remarks

Listing History

MLS# 4504270 18 days

Feb 1, 2016	Off Market
Jan 26, 2016	Pending
Jan 8, 2016	Listed	$699,000

MLS# 4462038 64 days

Feb 15, 2013	Off Market
Nov 7, 2012	Listed		$579,000

MLS# 8576528 4 days

Jul 2, 2012	Off Market
Apr 24, 2012	Listed		$348,000

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 February 1, 2016. Contact us for sale price details.

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