40 N Interstate 35 Highway, Austin TX 78701

Austin, TX 78701 | Towers Of Town Lake Condominium Association

Off Market

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Ed's Opinion of Value

$302,049 Ed's Estimate: $630,428 $1,007,095

Lowest Comp Recommended List: $400,000 to $410,000 Highest Comp

The estimated value of this property is $630,428, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $400,000 and $410,000. Among the similar homes currently available in TOWERS OF TOWN LAKE CONDOMINIUM ASSOCIATION, this price point stands out as competitive. Built in 1983, this home is 14 years older than the average comp, which is reflected in the adjustments. The active market in TOWERS OF TOWN LAKE CONDOMINIUM ASSOCIATION includes 7 comparable homes priced from $409,000 to $888,000. Recent trends in 78701 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 40 N Interstate Hwy 35, Austin TX 78701, with an adjusted value of $461,424; a strong comparable. Based on 7 relevant data points in TOWERS OF TOWN LAKE CONDOMINIUM ASSOCIATION, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

78701 Market Trends

$619,999 Median Sold Price ▼ 7.4% 6mo

$695/sqft Median $/SqFt ▲ 5.3% 6mo

117 days Avg Days on Market 9 days slower

229 homes Active Inventory 12.4 mo supply

94.7% Sale-to-List Ratio

111 Sales (6 months)

Recently Sold Comparables

$461,424 adjusted 40 N Interstate Hwy 35, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 0 mi Sold 2 months ago

$361,424 adjusted 40 N Interstate Hwy 35, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 0 mi Sold 11 months ago

$302,049 adjusted 40 N Interstate 35 Highway, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 0 mi Sold 1 months ago

$1,007,095 adjusted 44 East Ave # 3010, Austin TX 78701 2bd / 2.0ba • 1,260 sqft • 0 mi Sold 28 days ago

$947,396 adjusted 44 East Ave # 2310, Austin TX 78701 2bd / 2.0ba • 1,260 sqft • 0.1 mi Sold 22 days ago

Currently on Market

$409,000 40 N Interstate 35, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 0 mi 90 days on market

$434,000 40 N Interstate 35 Highway, Austin TX 78701 2bd / 2.0ba • 1,234 sqft • 0 mi 276 days on market

$850,000 84 East Ave # 2506, Austin TX 78701 2bd / 2.0ba • 1,224 sqft • 0.3 mi 59 days on market

2 Beds

2 Baths 2 Full

1,234 Sq Ft

0.0222 Acres

1983 Built

2 Garage

About This Property

Welcome to your serene urban retreat in the Rainey District, a spacious 2-bedroom, 2-bath residence with sweeping northern city views from every room. Enjoy morning walks along Lady Bird Lake, relaxed afternoons in the park across the street, or vibrant evenings on Rainey Street, just steps from your door.

Set on five acres of beautifully maintained private grounds, this landmark community offers space and serenity rarely found downtown. Amenities include 24-hour concierge and security, a conference room, library, fitness center, racquetball court, and a resort-style indoor/outdoor pool and spa.

This well-kept condo is move-in ready yet offers excellent potential for personal updates or modern renovations.

As one of downtown Austin’s first condominium developments, this community stands out for its expansive, privately owned grounds, providing lasting privacy and city views. Experience the best of both worlds—vibrant downtown living surrounded by open, green space.

Features

Ceiling Fan(s)
Corain Counters
Double Vanity
Electric Dryer Hookup
Entrance Foyer
No Interior Steps
Primary Bedroom on Main
Recessed Lighting
Soaking Tub
Walk-In Closet(s)
Washer Hookup

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 Laminate, Tile

Cooling Central Air

Heating Central

Exterior Balcony, Basketball Court, Uncovered Courtyard, Exterior Steps, Garden, Lighting

County Travis

MLS # 3825613

Garage 2 spaces

HOA & Community

HOA Fee $910 /Monthly

HOA Includes Common Area Maintenance, Landscaping, Maintenance Grounds, Security, Trash

Listing History

MLS# 3825613 7 days

Dec 8, 2025	Off Market
Oct 30, 2025	Listed		$330,200

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 sold on December 8, 2025. Contact us for sale price details.

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