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

$314,500 Ed's Estimate: $545,820 $748,958

Lowest Comp Recommended List: $424,000 to $434,000 Highest Comp

After reviewing 3 recent transactions in TOWERS TOWN LAKE CONDO, I estimate this property's value at $545,820. A competitive list price for this home right now would fall in the $424,000 to $434,000 range. This home's position in the current TOWERS TOWN LAKE CONDO market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. There are currently 7 similar homes on the market in TOWERS TOWN LAKE CONDO, ranging from $409,000 to $1,625,000. 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 $314,500, 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

$314,500 adjusted 40 N Interstate 35 EXPY, Austin TX 78701 2bd / 2.0ba • 1,459 sqft • 0.1 mi Sold 9 days ago

$682,850 adjusted 1201 Castle Hill ST # 105, Austin TX 78703 2bd / 2.0ba • 1,389 sqft • 1.8 mi Sold 5 months ago

$748,958 adjusted 1502 W 5th ST # H2, Austin TX 78703 3bd / 2.0ba • 1,470 sqft • 2 mi Sold 23 days ago

Currently on Market

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

$539,000 40 N Interstate 35, Austin TX 78701 2bd / 2.0ba • 1,533 sqft • 0 mi 94 days on market

$409,000 40 N Interstate 35, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 0 mi 63 days on market

2 Beds

2 Baths 2 Full

1,459 Sq Ft

0.026 Acres

1983 Built

2 Garage

About This Property

Downtown living with resort style amenities on Lady Bird Lake in the Rainey Street district. These high floor units rarely come available and feature unobstructed lake/trail views. 11C4 features bamboo flooring, Travertine in the bathrooms, Silestone Counters, recessed lights, & fresh paint. The Towers of Town Lake is a sought after community that features an Indoor & outdoor pool, gym, sauna, racquetball court, billiards room, card room, library, media room, 24hr concierge, and more.FEMA - Unknown Restrictions: Yes

Features

Breakfast Bar
No Interior Steps
Primary Bedroom on Main
Recessed Lighting

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School Martin

High School Austin

Property Details

Property Type Residential

Flooring Bamboo, Stone

Cooling Central Air

Heating Central, Electric

Exterior Elevator, See Remarks

County Travis

MLS # 8625142

Parking

Garage 2 spaces

HOA & Community

HOA Fee $578 /Monthly

HOA Includes Common Area Maintenance, Insurance, Landscaping, Maintenance Structure, See Remarks

Listing History

MLS# 8625142 20 days

Feb 28, 2017	Off Market
Jan 28, 2017	Listed		$487,500

MLS# 5567177 119 days (269 CDOM)

Aug 5, 2016	Off Market
Apr 8, 2016	Listed		$499,000

MLS# 1011288 150 days

Mar 31, 2016	Off Market
Nov 2, 2015	Listed		$549,000

MLS# 6203307 35 days

Apr 8, 2008	Off Market
Jan 16, 2008	Listed		$350,000

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 28, 2017. Contact us for sale price details.

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