40 N Interstate 35 Highway, Austin TX 78701

Austin, TX 78701 | Towers Town Lake Condo

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Off Market
Exterior view of 40 N Interstate 35 Highway, Austin TX 78701
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Ed's Opinion of Value

$276,760 Ed's Estimate: $418,750 $480,000
Lowest Comp Recommended List: $410,000 to $427,000 Highest Comp

Listing History

$579,000 List Price
$412,073 Comp Value
1 Price Reductions

This property was listed at $579,000 and withdrawn after 88 days on market. The price was reduced from $585,000 to $579,000. This listing activity factors into the valuation.

Ed Neuhaus
The estimated value of this property is $418,750, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $410,000 and $427,000. 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. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, 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

40 N Interstate Hwy 35, Austin TX 78701
$480,000 adjusted 40 N Interstate Hwy 35, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 0 mi Sold 23 days ago
40 N Interstate Hwy 35, Austin TX 78701
$380,000 adjusted 40 N Interstate Hwy 35, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 0 mi Sold 9 months ago
40 N Interstate 35 Highway, Austin TX 78701
$320,625 adjusted 40 N Interstate 35 Highway, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 0 mi Sold 10 days ago
40 N Interstate Hwy 35, Austin TX 78701
$474,456 adjusted 40 N Interstate Hwy 35, Austin TX 78701 2bd / 2.0ba • 1,360 sqft • 0 mi Sold 10 months ago
40 N Interstate 35 EXPY, Austin TX 78701
$276,760 adjusted 40 N Interstate 35 EXPY, Austin TX 78701 2bd / 2.0ba • 1,459 sqft • 0 mi Sold 9 days ago

Currently on Market

40 N Interstate 35, Austin TX 78701
$409,000 40 N Interstate 35, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 0 mi 63 days on market
40 N Interstate 35 Highway, Austin TX 78701
$443,000 40 N Interstate 35 Highway, Austin TX 78701 2bd / 2.0ba • 1,234 sqft • 0 mi 244 days on market
40 N Interstate 35 Highway, Austin TX 78701
$435,000 40 N Interstate 35 Highway, Austin TX 78701 2bd / 2.0ba • 1,459 sqft • 0 mi 252 days on market
2 Beds
2 Baths 2 Full
1,288 Sq Ft
0.0232 Acres
1983 Built
2 Garage

About This Property

Updated Condo that has it all! Location, parking, roomy, security, indoor and outdoor pools. This 6th floor unit has two garage parking spots close to the elevator. It is located next to Lady Bird Lake, one block to the Rainey St. District and walking distance to downtown and South Congress. A downtown view can be enjoyed from the living and dining room as well as the balcony. The all electric kitchen has lots of storage, stainless steel appliances, granite countertops and natural stone backsplash. Washer and dryer connections are located off the kitchen. The spacious primary bedroom has an en-suite bath with walk-in shower and large closet. The property is fenced with 24 hour guard and concierge. Included in the HOA; indoor pool, hot tub, outdoor pool, basketball and racquetball court, billiard room, business center, water, trash pickup and extermination. Wow what a great place to live!
HVAC 2014, Electrical and plumbing update 2014, Hot water heater 2016.

Features

  • Ceiling Fan(s)
  • Chandelier
  • Granite Counters
  • Crown Molding
  • Double Vanity
  • Elevator
  • No Interior Steps
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

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

Property Details

Property Type Residential
Flooring Laminate, Tile
Cooling Central Air
Heating Central
Exterior Boat Ramp, Lighting
County Travis
MLS # 8594957

Parking

Garage 2 spaces

HOA & Community

HOA Fee $788 /Monthly
HOA Includes Common Area Maintenance, Hot Water, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Security, Sewer

Tax Information

Annual Taxes $9,454 (2022)

Listing History

MLS# 8594957 88 days
Jul 1, 2023 Off Market
May 26, 2023 Price Change $579,000
Apr 4, 2023 Listed $659,000

Frequently Asked Questions About 40 N Interstate 35 Highway, Austin TX 78701

When was 40 N Interstate 35 Highway, Austin TX 78701 built?

40 N Interstate 35 Highway, Austin TX 78701 was built in 1983.

How much does 40 N Interstate 35 Highway, Austin TX 78701 cost?

40 N Interstate 35 Highway, Austin TX 78701 is currently off market.

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