40 N Interstate 35 Highway, Austin TX 78701

Austin, TX 78701 | Towers Town Lake Condo

Off Market

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Ed's Opinion of Value

$330,225 Ed's Estimate: $461,159 $555,273

Lowest Comp Recommended List: $643,000 to $850,000 Highest Comp

7 recent sales within a few blocks of this address suggest a current value of $461,159. My recommended list price range for this property would be $643,000 to $850,000. In the current TOWERS TOWN LAKE CONDO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The pool is a standout feature, with 4 of 7 comparable homes not offering one. The active market in TOWERS TOWN LAKE CONDO includes 7 comparable homes priced from $409,000 to $1,524,900. In TOWERS TOWN LAKE CONDO, home values have fallen approximately 21.9% over the past 6 months. One of the strongest data points is 40 N Interstate 35 Highway, Austin TX 78701, adjusting to $475,000; a strong comparable. 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

$475,000 adjusted 40 N Interstate 35 Highway, Austin TX 78701 2bd / 2.0ba • 1,459 sqft • 0 mi Sold 2 months ago

$375,802 adjusted 40 N Interstate 35, Austin TX 78701 2bd / 2.0ba • 1,533 sqft • 0 mi Sold 1 months ago

$330,225 adjusted 40 N Interstate 35 EXPY, Austin TX 78701 2bd / 2.0ba • 1,459 sqft • 0 mi Sold 9 days ago

$378,000 adjusted 40 N Interstate 35 Highway, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 0 mi Sold 10 days ago

$555,273 adjusted 40 N Interstate Hwy 35, Austin TX 78701 2bd / 2.0ba • 1,360 sqft • 0 mi Sold 10 months 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

Luxurious 2 BR penthouse condominium with amazing views of downtown from every room and a private balcony. Lovely, bright and spacious unit in the Towers of Town Lake Highrise complex. Fabulous features of the complex include resort quality amenities: indoor pool, outdoor pool, sauna, community meeting room, conference room, billiard room, fitness center, and basketball/racquetball court. FABULOUS location. Steps away from the Lady Bird Lake hike and bike trail and many bars and restaurants on Rainey St. Amazing opportunity to get a two bedroom penthouse in downtown Austin!

Property Highlights

Pool Heated, In Ground, Indoor, Outdoor Pool, Private

Features

Breakfast Bar
Built-in Features
Ceiling Fan(s)
Granite Counters
Double Vanity
Electric Dryer Hookup
Elevator
Entrance Foyer
Intercom
No Interior Steps
Primary Bedroom on Main
Recessed Lighting
Stackable W/D Connections
Walk-In Closet(s)
Washer Hookup
See Remarks

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 Carpet, Tile

Cooling Ceiling Fan(s), Central Air, Electric

Heating Central, Electric

Exterior Balcony

County Travis

MLS # 6370984

Parking

Garage 2 spaces

HOA & Community

HOA Fee $823 /Monthly

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

Tax Information

Annual Taxes $10,783 (2022)

Listing History

MLS# 6370984 100 days

Jun 1, 2023	Off Market
Apr 27, 2023	Price Change	$625,000
Nov 10, 2022	Listed	$700,000

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 sold on June 1, 2023. Contact us for sale price details.

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