40 N Interstate Hwy 35, Austin TX 78701

Austin, TX 78701 | Towers Town Lake Condo

Ed's Opinion of Value

$276,760 Ed's Estimate: $370,040 $630,000
Lowest Comp Recommended List: $363,000 to $377,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $370,040. For a well positioned listing in TOWERS TOWN LAKE CONDO, I'd target the $363,000 to $377,000 range. 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 smaller floor plan (100 sqft compared to the average comp) is a meaningful differentiator in this price range. With 7 similar homes currently listed in TOWERS TOWN LAKE CONDO (a buyer's market), competition is a factor to consider. Recent trends in TOWERS TOWN LAKE CONDO show home values have fallen 11% since 6 months ago. The most comparable recent sale is 40 N Interstate 35 Highway, Austin TX 78701, with an adjusted value of $320,625; with a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
2 Beds
2 Baths 2 Full
1,288 Sq Ft
0.023 Acres
1983 Built
2 Garage

About This Property

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*** A Light-Filled Lakefront Residence Designed for Real Living *** Featuring a new heater and perched on the 6th floor, the first level with clear views of Lady Bird Lake, this beautifully updated 2-bedroom, 2-bath residence at the well-regarded Towers of Town Lake offers a rare blend of nature, access and city living. Set directly along the Hike and Bike Trail within a gated, full-service community, you are moments from Austin’s top dining, entertainment and cultural destinations. *** INTERIOR FEATURES *** Designed with comfort and continuity in mind, the home features wide-plank flooring, an open living and dining layout and floor-to-ceiling windows framing treetops and Lady Bird Lake. A private balcony extends the living space outdoors, ideal for morning coffee or evening sunsets. The efficiently planned kitchen offers clean lines, generous cabinetry and updated lighting for daily living and entertaining. The primary suite includes a walk-in closet and en-suite bath, while the second bedroom offers flexibility for guests, a home office or creative retreat. *** PARKING PERK *** Two assigned, side-by-side, covered parking spaces on the second floor near the elevator offer everyday ease rarely found in downtown living. *** RESORT-STYLE AMENITIES *** Residents enjoy 24-hour concierge service, indoor and outdoor pools, sauna, fitness center, business center, resident lounge, half-court basketball, handball court, game room and multiple gathering spaces. Just outside your door, Lady Bird Lake offers paddle boarding, kayaking and miles of scenic trail walks. A flexible and functional high-rise residence offering scale, privacy and iconic views, perfect for a full-time home or city retreat.

Property Highlights

Waterfront Lady Bird Lake · Lake Front
View Lake, Panoramic, River

Features

  • Ceiling Fan(s)
  • Double Vanity
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)

Location

Schools

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

Property Details

Property Type Residential
Construction Masonry – All Sides, See Remarks
Roof See Remarks
Foundation Slab
Levels One
Flooring Vinyl
Cooling Central Air
Heating Central
Exterior See Remarks
County Travis
MLS # 1044417
Garage 2 spaces
Parking 2 spaces: Assigned
Windows Window Treatments

Lot, Outdoor & Utilities

Water Public
Sewer Public Sewer
Utilities Electricity Available

HOA & Community

HOA Fee $949 /Monthly
HOA Name TOWERS OF TOWN LAKE CONDOMINIUM ASSOCIATION
HOA Includes Insurance, Security, Sewer, Trash, Water
Community Features Clubhouse, Common Grounds, Concierge, Covered Parking, Fitness Center, Game Room, Gated, Lounge, Park, Playground, Pool, Sauna

Tax Information

Annual Taxes (MLS) $10,443 (2025)
Assessed Value $530,317
Exemptions None

Listing History

MLS# 1044417 239 days
Apr 15, 2026 Off Market
Feb 25, 2026 Pending
Jul 1, 2025 Listed $495,000

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

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

40 N Interstate Hwy 35, Austin TX 78701 was built in 1983. It is masonry – all sides, see remarks construction with 1,288 square feet on a 0.023 acre lot.

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

40 N Interstate Hwy 35, Austin TX 78701 sold on April 15, 2026. Contact us for sale price details.

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