40 N Interstate Highway 35, Austin TX 78701

Austin, TX 78701 | Towers Town Lake Condo

Off Market

Open floor plan living room with terrace glass door, offering a bright, airy ambiance and elegant wood flooring. Enjoy a scenic view blending cityscape and lush greenery, creating a serene, picturesque setting.

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Ed's Opinion of Value

$521,246 Ed's Estimate: $1,118,628 $2,995,000

Lowest Comp Recommended List: $1,096,000 to $1,141,000 Highest Comp

Based on 7 closed sales in TOWERS TOWN LAKE CONDO, the data points to a value around $1,118,628 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,096,000 to $1,141,000. This home's position in the current TOWERS TOWN LAKE CONDO market: the most affordable of 7 comparable homes on the market among comparable properties. Being 807 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 7 minus 3 of the comps had one. 7 similar homes are currently available in TOWERS TOWN LAKE CONDO, creating a buyer's market for this price range. Market data shows TOWERS TOWN LAKE CONDO prices fallen 36.1% over the last half year. The closest comparable sale, 40 N I H 35, Austin TX 78701 at an adjusted $969,871, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

TOWERS TOWN LAKE CONDO Market Trends

$425,000 Median Sold Price ▼ 36.1% 6mo

$291/sqft Median $/SqFt ▼ 10% 6mo

116 days Avg Days on Market 104 days slower

6 homes Active Inventory 5.1 mo supply

95.8% Sale-to-List Ratio

7 Sales (6 months)

$926,802 Tax Assessed (2025)

Recently Sold Comparables

$969,871 adjusted 40 N I H 35, Austin TX 78701 3bd / 2.0ba • 1,743 sqft • 0.1 mi Sold 1 months ago

$1,029,227 adjusted 40 N I H 35, Austin TX 78701 3bd / 2.0ba • 1,743 sqft • 0 mi Sold 27 days ago

$2,333,183 adjusted 1109 Elm ST # D, Austin TX 78703 3bd / 4.0ba • 2,645 sqft • 2.1 mi Sold 8 months ago

$1,264,065 adjusted 1506 W 13th ST # 11, Austin TX 78703 3bd / 3.0ba • 2,494 sqft • 2.2 mi Sold 3 months ago

$521,246 adjusted 40 N Interstate 35 Highway, Austin TX 78701 2bd / 2.0ba • 1,459 sqft • 0 mi Sold 4 months ago

Currently on Market

$1,799,999 901 W 9th ST # 107, Austin TX 78703 2bd / 3.0ba • 2,669 sqft • 1.6 mi 9 days on market

$2,800,000 501 West Ave # 3403, Austin TX 78701 3bd / 4.0ba • 2,822 sqft • 1.3 mi 1 days on market

$2,995,000 210 Lavaca ST # 2505, Austin TX 78701 3bd / 4.0ba • 2,871 sqft • 0.9 mi 154 days on market

3 Beds

3 Baths 3 Full

2,651 Sq Ft

0.0476 Acres

1983 Built

2 Garage

About This Property

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***A Rare Downtown Retreat with Lady Bird Lake Views — Priced Under $1M*** Refined Living with Front-Row Views of Lady Bird Lake & Downtown Austin; Residence No. 8C1 is an exquisite 3-bed, 3-bath residence with 2 private balconies that offers stunning city and Lady Bird Lake views, paired with unparalleled access to Austin's most vibrant attractions. *Prime Location* Situated near the highly sought-after Rainey Street Neighborhood, but away from the hustle and bustle. Steps away from the world-renowned Lady Bird Lake Hike-&-Bike Trail, restaurants, live music & more *Breathtaking Views* Enjoy panoramic views of Lady Bird Lake & downtown Austin from your two private balconies...perfect for morning coffee or evening relaxation *Spacious Layout* This residence boasts an open floor plan larger than most condominiums in downtown Austin with a generous living and dining area...ideal for entertaining guests or cozy family gatherings *Gourmet Kitchen* Benefit from a fully-equipped kitchen featuring a large island, breakfast nook, stainless steel appliances, granite countertops, and ample custom cabinet space *Master Bedroom Retreat* The primary bedroom is a true sanctuary, featuring a private terrace with stunning views of Lady Bird Lake. A convenient space by the window offers versatility as an office desk area, dressing space, or workout spot, all while enjoying the refreshing lake view *Extensive Amenities* Experience resort-style amenities including two pools (indoor & outdoor), hot tub, racquetball court, lounges, game room, snack lounge, gym, convenient parking & more...the perfect blend of quiet luxury and an active lifestyle in the heart of Austin *Very Walkable & Biker's Paradise* Walk Score of 79 and Bike Score of 95 (Source: WalkScore.com) Don't miss out on this incredible opportunity to own a spacious condo with stunning lake & city views, excellent resale value, and the best of downtown living in the vibrant city of Austin.

Property Highlights

Pool Heated, In Ground, Indoor, Pool/Spa Combo

View City, Hill Country, Lake, River

Features

Ceiling Fan(s)
Stone Counters
Double Vanity
Kitchen Island
Multiple Dining Areas
No Interior Steps
Open Floorplan
Primary Bedroom on Main
Soaking Tub
Study/Home Office
Walk-In Closet(s)

Location

Map loading...

Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Construction See Remarks

Roof See Remarks

Foundation Slab

Levels One

Flooring Tile, Wood

Cooling Central Air

Heating Central, Electric

Fireplace Living Room

Exterior Balcony

County Travis

MLS # 7483899

Garage 2 spaces

Parking 2 spaces: Reserved

Windows Blinds

Security Building Security

Lot, Outdoor & Utilities

Water Public

Sewer Public Sewer

Utilities Electricity Available, Phone Available

HOA & Community

HOA Fee $1,753 /Monthly

HOA Name Towers of Town Lake

HOA Includes See Remarks

Community Features Bike Storage/Locker, Business Center, Clubhouse, Cluster Mailbox, Common Grounds, Concierge, Controlled Access, Courtyard, Covered Parking, Fitness Center, Game Room, Garage Parking, Gated, Google Fiber, Hot Tub Community, Lake, Lounge, Maintenance On-Site, Package Service, Park, Pool, Racquetball, Recycling Area/Center, Sauna, Sidewalks, Sport Court(s)/Facility

Tax Information

Annual Taxes (MLS) $18,967 (2025)

Assessed Value $926,802

Exemptions Homestead

Listing History

MLS# 7483899 16 days (529 CDOM)

Mar 12, 2026	Off Market
Feb 20, 2026	Pending
Feb 4, 2026	Listed	$899,000

MLS# 8642332 504 days

Sep 5, 2024 Listed $1,195,000

MLS# 1887585 151 days

Mar 5, 2014	Off Market
Aug 29, 2013	Listed		$699,000

MLS# 9468681

Sep 11, 2007	Off Market
Aug 6, 2007	Listed		$495,000

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

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

40 N Interstate Highway 35, Austin TX 78701 was built in 1983. It is see remarks construction with 2,651 square feet on a 0.0476 acre lot.

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

40 N Interstate Highway 35, Austin TX 78701 sold on March 12, 2026. Contact us for sale price details.

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