40 N Interstate 35, Austin TX 78701

Austin, TX 78701 | Towers Town Lake Condo

Off Market

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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

After reviewing 3 recent transactions in TOWERS TOWN LAKE CONDO, I estimate this property's value at $635,450. A competitive list price for this home right now would fall in the $1,565,000 to $1,710,000 range. Buyers shopping in TOWERS TOWN LAKE CONDO right now would see this as a well positioned option among 7 comparable homes. The 226 sqft size difference versus comparable sales is reflected in the adjusted values. The active market in TOWERS TOWN LAKE CONDO includes 7 comparable homes priced from $539,000 to $2,525,000. Prices in TOWERS TOWN LAKE CONDO have fallen 21.9% over the last 6 months. A similar home at 40 N Interstate 35 EXPY, Austin TX 78701 carries an adjusted comparable value of $356,624, providing a strong data point. With 3 comparable sales in TOWERS TOWN LAKE CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. 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

You should see this now! UNOBSTRUCTED Lake and City VIEWS! ..inspection rpt complete. GO-supra fnt door. wood floors, granite counters and stainless steel appliances in large spacious kitchen! Custom built in wine cooler, large balcony open to living and master, huge walk in closet, spacious master suite, you will love this one! Be a part of the downtown Austin scene and enjoy picturesque sunsets from almost every room!Restrictions: Yes

Features

Primary Bedroom on Main

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 Carpet, Wood

Cooling Central Air

Heating Central

Exterior Elevator, Lake

County Travis

MLS # 5794243

Parking

Garage 2 spaces

HOA & Community

HOA Fee $675 /Annually

HOA Includes See Remarks

Tax Information

Annual Taxes $9,789 (2011)

Listing History

MLS# 5794243 256 days

Mar 12, 2012	Off Market
Mar 6, 2012	Pending
Dec 28, 2011	Price Change	$509,000
Jun 17, 2011	Listed	$589,900

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 12, 2012. Contact us for sale price details.

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