40 N Interstate 35, Austin TX 78701

Austin, TX 78701 | Towers Town Lake Condo

Off Market

Outside view of the 4Towers towers buildings

Additional photos available to registered users

Ed's Opinion of Value

$361,342 Ed's Estimate: $464,998 $2,525,000

Lowest Comp Recommended List: $1,514,000 to $1,559,000 Highest Comp

The estimated value of this property is $464,998, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,514,000 and $1,559,000. In the current TOWERS TOWN LAKE CONDO market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. At 361 sqft larger than the typical comp, the size difference factors into the valuation. 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 $361,342; with a smaller floor plan. Based on 7 relevant data points in TOWERS TOWN LAKE CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

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

$361,342 adjusted 40 N Interstate 35 EXPY, Austin TX 78701 2bd / 2.0ba • 1,459 sqft • 0 mi Sold 9 days ago

$434,000 adjusted 40 N Interstate 35, Austin TX 78701 2bd / 2.0ba • 1,533 sqft • 0 mi Sold 1 months ago

$522,858 adjusted 40 N Interstate 35 Highway, Austin TX 78701 2bd / 2.0ba • 1,459 sqft • 0 mi Sold 2 months ago

$558,157 adjusted 40 N Interstate Hwy 35, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 0 mi Sold 23 days ago

$576,850 adjusted 40 N Interstate Hwy 35, Austin TX 78701 2bd / 2.0ba • 1,360 sqft • 0 mi Sold 10 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

$2,525,000 44 East Ave # 3303, Austin TX 78701 3bd / 2.0ba • 1,785 sqft • 0.1 mi 19 days on market

$1,599,000 70 Rainey ST # 1306, Austin TX 78701 3bd / 3.0ba • 1,743 sqft • 0.2 mi 101 days on market

3 Beds

2 Baths 2 Full

1,743 Sq Ft

0.031 Acres

1983 Built

2 Garage

About This Property

Rare find Downtown condo with unparalleled lake and city views from a private balcony in the desirable A tower. and near-perfect open floorplan ! Beautiful and tastefully remodel/ totally updated in 2017. floors, counter tops, back splash , lighting, tiled floors, double paned windows, stainless steel appliance , new refrigerator in 2020, washer/dryer in 2018. lots of built-in shelves in all closets, ceiling fan in all, lots of light. 3 bedrooms, 2 baths, large living/dining area plus den or 2nd living, 2 covered parking spaces. with lots of amenities 2 fitness rooms, racket/basket ball court, sauna, steam room, jacuzzi , indoor heated pool, outdoor pool, piano, and library room. & all within walking distance to the hike, bike trail, downtown restaurants and shopping. You can't find any better. DON'T FORGET TO ASK CONCIERGE FOR ACCESS TO SHOW THE AMENITIES . important. the HOA allows maximum 2 pets with 30 lbs each.

Features

Breakfast Bar
Chandelier
Granite Counters
Tile Counters
Crown Molding
Electric Dryer Hookup
Elevator
High Speed Internet
In-Law Floorplan
Multiple Living Areas
Open Floorplan
Primary Bedroom on Main
Recessed Lighting
Track Lighting
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School Martin

High School Austin

Property Details

Property Type Residential

Flooring Tile

Cooling Ceiling Fan(s), Central Air, Electric

Heating Central, Hot Water

Exterior Basketball Court, Lighting, No Exterior Steps

County Travis

MLS # 5734663

Parking

Garage 2 spaces

HOA & Community

HOA Fee $979 /Monthly

HOA Includes Common Area Maintenance, Insurance, Landscaping, Parking, Pest Control, Security, Sewer, Trash, Water

Listing History

MLS# 5734663 29 days

Mar 6, 2023	Off Market
Nov 29, 2022	Listed		$975,000

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 6, 2023. Contact us for sale price details.

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Jul 18, 2016	Off Market
Feb 17, 2016	Listed		$3,950