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

$338,698 Ed's Estimate: $582,417 $795,000

Lowest Comp Recommended List: $449,000 to $459,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $582,417. For a well positioned listing in TOWERS TOWN LAKE CONDO, I'd target the $449,000 to $459,000 range. Against 7 similar active listings in TOWERS TOWN LAKE CONDO, this price point lands at the 3rd least expensive of 7 comparable homes on the market. 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 $338,698; a strong comparable. 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

$338,698 adjusted 40 N Interstate 35 EXPY, Austin TX 78701 2bd / 2.0ba • 1,459 sqft • 0.1 mi Sold 9 days ago

$710,185 adjusted 1201 Castle Hill ST # 105, Austin TX 78703 2bd / 2.0ba • 1,389 sqft • 1.8 mi Sold 5 months ago

$776,253 adjusted 1502 W 5th ST # H2, Austin TX 78703 3bd / 2.0ba • 1,470 sqft • 2 mi Sold 23 days 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

$435,000 40 N Interstate 35 Highway, Austin TX 78701 2bd / 2.0ba • 1,459 sqft • 0 mi 252 days on market

$795,000 1506 W 13th ST # 1, Austin TX 78703 2bd / 2.0ba • 1,462 sqft • 2.1 mi 137 days on market

2 Beds

2 Baths 2 Full

1,533 Sq Ft

0.028 Acres

1983 Built

2 Garage

About This Property

The Towers of Town Lake have an indoor and an outdoor pool, a workout facility, a sauna room, racquetball court, ping pong/billiards room, card room, library and a media room. It is located on 5 acres w/ access to Lady Bird Lake. Blocks from Town Lake, Rainey Street, and the Four Seasons & close to the airport. Unit includes awesome views from every window, roomy kitchen, ample storage, beautiful tile work, double marble vanity in master. Dog friendly. Gated community with guards 24/7.Restrictions: Yes Sprinkler Sys:Yes

Features

Bookcases
Elevator
Entrance Foyer
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)
Wired for Sound

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 Wood

Cooling Central Air

Heating Heat Pump

Exterior Boat Ramp

County Travis

MLS # 9512677

Parking

Garage 2 spaces

HOA & Community

HOA Fee $607 /Monthly

HOA Includes Common Area Maintenance, Insurance, Security, Trash, Water

Tax Information

Annual Taxes $7,756 (2014)

Listing History

MLS# 9512677 84 days

Feb 25, 2016	Off Market
Jan 14, 2016	Pending
Jan 6, 2016	Price Change	$480,000
Oct 22, 2015	Listed	$495,000

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 25, 2016. Contact us for sale price details.

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