40 N Interstate 35, Austin TX 78701
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About This Property
View Virtual Tour*** Agent is also owner ** Welcome to the Towers of Town Lake, where resort-style amenities, expansive green space, and one of downtown Austin's most desirable locations come together to create an exceptional lifestyle.
This upper-floor residence offers 1,459 square feet with two bedrooms, two full bathrooms, and a thoughtfully designed split-bedroom floor plan that provides excellent separation of space. Floor-to-ceiling windows in the living room fill the home with natural light while showcasing beautiful downtown skyline views.
Situated behind a gated entrance on nearly seven acres of landscaped grounds, the Towers of Town Lake offers a rare sense of privacy and open space just minutes from downtown. Enjoy convenient access to the new Rainey Street Trailhead, connecting you to Lady Bird Lake, miles of hike-and-bike trails, parks, restaurants, entertainment, and the best of downtown Austin.
Residents enjoy an outstanding collection of amenities, including indoor and outdoor pools, a fitness center, beautifully maintained common areas, 24-hour concierge service, on-site management and maintenance staff, and two deeded parking spaces.
The homeowner's association is financially strong, with healthy reserve funding, ongoing capital improvements, and a comprehensive 15-year structural improvement plan that reflects a commitment to the property's long-term stewardship.
Offering significantly more living space than many newer downtown condominiums, combined with extensive amenities, generous green space, a gated setting, and an exceptional location, this residence presents a rare opportunity to enjoy downtown Austin living at an outstanding value.
Property Highlights
Features
- Cedar Closet(s)
- Ceiling Fan(s)
- Chandelier
- Granite Counters
- Tile Counters
- Crown Molding
- Double Vanity
- Electric Dryer Hookup
- Elevator
- High Speed Internet
- Open Floorplan
- Recessed Lighting
- Sauna
- Track Lighting
- Walk-In Closet(s)
- Washer Hookup
- Wired for Sound
Location
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Schools
Property Details
Lot, Outdoor & Utilities
HOA & Community
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* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $1,145/monthly.
Tax Information
Sale Terms & Disclosures
Listing History
| Oct 27, 2026 | Price Change | $3,300 | |
| Sep 15, 2026 | Off Market | ||
| Sep 15, 2026 | Pending | ||
| Aug 19, 2026 | Listed | Listing Courtesy of eXp Realty, LLC - Bradley.lewis@exprealty.com | $3,400 |
| Oct 27, 2026 | Price Change | $575,000 | |
| Sep 16, 2026 | Off Market | ||
| Jul 1, 2026 | Listed | $610,000 |
| Jun 14, 2023 | Off Market | ||
| Apr 14, 2023 | Listed | $2,900 |
| May 25, 2021 | Off Market | ||
| Feb 11, 2021 | Listed | $3,000 |
| Aug 24, 2018 | Off Market | ||
| Apr 6, 2018 | Listed | $519,000 |
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. It is stucco, synthetic stucco construction with 1,459 square feet on a 0.0259 acre lot.
How much does 40 N Interstate 35, Austin TX 78701 cost?
40 N Interstate 35, Austin TX 78701 is listed for sale at $575,000. That is $394 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 1,459 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 $1,145 per monthly. The HOA includes common area maintenance, landscaping, maintenance grounds, maintenance structure, parking, pest control, sewer, 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 $11,173 (as of 2025). The tax assessed value is $505,777.
How big is the lot at 40 N Interstate 35, Austin TX 78701?
The lot at 40 N Interstate 35, Austin TX 78701 is 0.0259 acres, and the home has 1,459 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 on a slab foundation.
Does 40 N Interstate 35, Austin TX 78701 have a garage?
Yes, 40 N Interstate 35, Austin TX 78701 has a 2-car garage. Parking features include 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 fenced, gunite, indoor, outdoor pool, 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. Community features include clubhouse, cluster mailbox, common grounds, concierge, conference/meeting room, controlled access, courtyard, covered parking, electronic payments, game room, garage parking, gated, hot tub community, lake, laundry service, library, lock and leave, lounge, maintenance on-site, planned social activities, pool, recycling area/center, sauna, spa/hot tub.
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 57 days, listed on August 19, 2026.
What heating and cooling does 40 N Interstate 35, Austin TX 78701 have?
40 N Interstate 35, Austin TX 78701 has electric heating and central air cooling.
What are the roof and foundation at 40 N Interstate 35, Austin TX 78701?
The listing reports a membrane roof and a slab foundation at 40 N Interstate 35, Austin TX 78701.
What financing does the seller of 40 N Interstate 35, Austin TX 78701 accept?
The listing says the seller accepts cash, fha, texas vet, va loan financing.
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