40 N Interstate 35, Austin TX 78701

Austin, TX 78701 | Towers Town Lake Condo

$549,000 $358/sqft ▼ $20,000 (3.5%)
2 Beds
2 Baths 2 Full
1,533 Sq Ft
0.028 Acres
1983 Built
2 Garage

About This Property

Beautiful downtown lake-view property, open floor plan, bright and spacious. Professionally renovated two-bedroom condo with two full baths. The generously sized unit is great for entertaining, skyline viewing and enjoying access to downtown culture and night life. Centrally located with easy access to all major highways. Spectacular sunsets right from the balcony, trail access, water sports, bat viewing and immediate access to downtown restaurants, museums, nightlife, festivals, music, entertainment and activities. Rich in amenities such as indoor/outdoor pool with hot tub, 24 hr. security and concierge, weight room, exercise room, dry sauna, steam shower, half basketball/racquetball court, pool/ping-pong room, library space, piano room, meeting room, laundry service pickup, guest parking and lovely spacious grounds. Enter through East or West access gate, call button available to call the front desk, you must sign in at front desk with license plate number. May satisfy requirements for a 1031 Exchange as currently there is a lease in place. Currently available for immediate occupation as tenants have moved out. Must owner occupy, at the end of current lease.

Property Highlights

Pool Heated, In Ground, Indoor, Waterfall
Waterfront Lady Bird Lake ยท Lake Front, River Front, Waterfront

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • In-Law Floorplan
  • Intercom
  • Multiple Dining Areas
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Stackable W/D Connections
  • 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, Vinyl
Cooling Central Air, Electric
Heating Central, Electric
Exterior Balcony, Boat Ramp
County Travis
MLS # 5653121

Parking

Garage 2 spaces

HOA & Community

HOA Fee $1,203 /Monthly
HOA Includes Common Area Maintenance, Landscaping, Security, Sewer, Trash, Water

Tax Information

Annual Taxes $9,500 (2025)

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This property has HOA fees of $1,203/monthly.

Listing History

MLS# 5653121 - Updated Feb 26, 2026 20 days
Feb 1, 2026 Price Change $549,000
Jan 12, 2026 Listed Listing Courtesy of Domain Realty, LLC - tbaumgarten@​yahoo.com $569,000

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 listed for sale at $549,000. That is $358 per square foot.

How many bedrooms and bathrooms does 40 N Interstate 35, Austin TX 78701 have?

40 N Interstate 35, Austin TX 78701 has 2 bedrooms and 2 bathrooms (2 full) with 1,533 square feet of living space.

What school district is 40 N Interstate 35, Austin TX 78701 in?

40 N Interstate 35, Austin TX 78701 is in the Austin ISD school district. Assigned schools include Mathews (elementary), O Henry (middle), Austin (high school).

Does 40 N Interstate 35, Austin TX 78701 have an HOA?

Yes, 40 N Interstate 35, Austin TX 78701 has an HOA fee of $1,203 per monthly. The HOA includes common area maintenance, landscaping, security, sewer, trash, water.

What are the property taxes on 40 N Interstate 35, Austin TX 78701?

The annual property taxes on 40 N Interstate 35, Austin TX 78701 are $9,500 (as of 2025).

How big is the lot at 40 N Interstate 35, Austin TX 78701?

The lot at 40 N Interstate 35, Austin TX 78701 is 0.028 acres, and the home has 1,533 square feet of living space.

What type of property is 40 N Interstate 35, Austin TX 78701?

40 N Interstate 35, Austin TX 78701 is a residential property.

Does 40 N Interstate 35, Austin TX 78701 have a garage?

Yes, 40 N Interstate 35, Austin TX 78701 has a 2-car garage.

Does 40 N Interstate 35, Austin TX 78701 have a pool?

Yes, 40 N Interstate 35, Austin TX 78701 has a pool. Pool features include heated, in ground, indoor, waterfall.

Is 40 N Interstate 35, Austin TX 78701 waterfront?

Yes, 40 N Interstate 35, Austin TX 78701 is a waterfront property on Lady Bird Lake. Waterfront features include lake front, river front, waterfront.

What subdivision is 40 N Interstate 35, Austin TX 78701 in?

40 N Interstate 35, Austin TX 78701 is located in the Towers Town Lake Condo subdivision in Austin, TX.

How long was 40 N Interstate 35, Austin TX 78701 on the market?

40 N Interstate 35, Austin TX 78701 was on the market for 20 days, listed on January 12, 2026.

What heating and cooling does 40 N Interstate 35, Austin TX 78701 have?

40 N Interstate 35, Austin TX 78701 has central, electric heating and central air, electric cooling.

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