40 N Interstate 35, Austin TX 78701

Austin, TX 78701 | Towers Town Lake Condo

Ed's Opinion of Value

$361,533 Ed's Estimate: $679,568 $2,525,000
Lowest Comp Recommended List: $1,559,000 to $1,588,000 Highest Comp
My analysis of 3 comparable properties puts this home's estimated value at $679,568. Based on how the local market is moving, a list price between $1,559,000 and $1,588,000 would position this home well. This home's position in the current TOWERS TOWN LAKE CONDO market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (199 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in TOWERS TOWN LAKE CONDO; a buyer's market based on recent absorption. The 6 month price trend in TOWERS TOWN LAKE CONDO: fallen 21.9%. The best comp here is 40 N Interstate 35 EXPY, Austin TX 78701 at an adjusted value of $361,533, with a smaller floor plan. 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
3 Beds
2 Baths 2 Full
1,743 Sq Ft
0.0312 Acres
1983 Built
2 Garage

About This Property

Rare find Downtown condo that is bright and spacious, with partial lake and parkland views from a private balcony in the desirable A Tower of the gated community Towers of Town Lakes 24-hour concierge, security as well as onsite management office. Beautifully and tastefully updated with brand new bathroom, flooring and paint. Built-in shelves throughout the unit as well as ceiling fan in each room.
3 bedrooms, 2 baths, large living/dining area plus den or 2nd living, 2 covered parking spaces. with thoughtful amenities that include 2 fitness rooms, racket/basket ball court, sauna, jacuzzi, indoor heated pool, outdoor pool, piano, and library room, business/conference room and a billiard/ping pong room, all within walking distance to the Hike & Bike Trail, a plethora of entertainment options on the famed Rainey Street, downtown restaurants and shopping.
You can't find any better. REMEMBER TO ASK CONCIERGE FOR ACCESS TO SHOW THE AMENITIES. The HOA allows maximum 2 pets with max of 30 lbs each. Owner Agent.

Features

  • Bookcases
  • Built-in Features
  • Ceiling Fan(s)
  • Granite Counters
  • Elevator
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Recessed Lighting
  • Sauna
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential Lease
Flooring See Remarks
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central
Exterior Balcony
County Travis
MLS # 6942167

Parking

Garage 2 spaces

HOA & Community

HOA Fee $1,067 /Monthly
HOA Includes Common Area Maintenance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Security, Trash, Water

Tax Information

Annual Taxes $15,012 (2022)

Listing History

MLS# 6942167 26 days
Sep 27, 2023 Off Market
Sep 1, 2023 Listed $3,680

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 September 27, 2023. Contact us for sale price details.

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