40 N Interstate 35 11b2, Austin, TX, 78701 - MLS# 8668457

$585,000

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Beds 2
Baths 2
Sqft 1,459
Acres 0.03
Property Type Condo
Heating Electric
Parking Garage, Covered, Guest
Year Built 1983
Stories 1
Cooling Central Air
Days on Market 107
Garages 2

About 40 N Interstate 35 11b2

*** Agent is also owner ** Welcome to the Towers of Town Lake, where resort-style amenities, expansive green space, and one of downtown Austin's most desirable locations come together to create an exceptional lifestyle. This upper-floor residence offers 1,459 square feet with two bedrooms, two full bathrooms, and a thoughtfully designed split-bedroom floor plan that provides excellent separation of space. Floor-to-ceiling windows in the living room fill the home with natural light while showcasing beautiful downtown skyline views. Situated behind a gated entrance on nearly seven acres of landscaped grounds, the Towers of Town Lake offers a rare sense of privacy and open space just minutes from downtown. Enjoy convenient access to the new Rainey Street Trailhead, connecting you to Lady Bird Lake, miles of hike-and-bike trails, parks, restaurants, entertainment, and the best of downtown Austin. Residents enjoy an outstanding collection of amenities, including indoor and outdoor pools, a fitness center, beautifully maintained common areas, 24-hour concierge service, on-site management and maintenance staff, and two deeded parking spaces. The homeowner's association is financially strong, with healthy reserve funding, ongoing capital improvements, and a comprehensive 15-year structural improvement plan that reflects a commitment to the property's long-term stewardship. Offering significantly more living space than many newer downtown condominiums, combined with extensive amenities, generous green space, a gated setting, and an exceptional location, this residence presents a rare opportunity to enjoy downtown Austin living at an outstanding value.

Location

Legal Description UNT 11B2 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .496% INT IN COMMON AREA
Address 40 N Interstate 35 11b2
County Travis
City Austin
Zip Code 78701
Subdivision Towers Town Lake Condo Amd
School District Austin ISD
MLS Area DT

Size and Restrictions

Acres 0.03
Lot Description Landscaped, Sprinklers In Ground, Few Trees, Views
Horses Allowed No
$/Acre $22,586,873

Improvements

Parking Garage, Covered, Guest
Garage Spaces 2
Fence Fenced, Full, Gate, Security
Exterior Features Basketball Court, Balcony, Lighting, Private Entrance, Uncovered Courtyard

Features

View City
Water Access Lake Front, River Front, Waterfront
Waterfront Lady Bird Lake

Utilities

Water Public, Well
Utilities Cable Available, Electricity Available, Electricity Connected, Natural Gas Not Available, High Speed Internet Available, Phone Available, Sewer Connected, Water Connected

Amenities

Area Amenities Bar/Lounge, Concierge, Common Grounds/Area, Clubhouse, Community Mailbox, Courtyard, Conference/Meeting Room, Game Room, Gated, Lake, Library, Laundry Service, Maintenance On-Site, Pool, Planned Social Activities, Sauna, Trails/Paths

Beds and Baths

Bedrooms 2
Main Level Beds 2
Bathrooms 2 full
Primary on Main No

Other Rooms

Kitchen Appliances Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator
Laundry Facilities Laundry Closet, Washer Hookup, Electric Dryer Hookup

Heating and Cooling

Heating Electric
Air Conditioning Central Air

Interior Features

Flooring Carpet, Tile, Wood
Features Cedar Closet(s), Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Elevator, Granite Counters, High Speed Internet, Open Floorplan, Recessed Lighting, Sauna, Tile Counters, Track Lighting, Walk-In Closet(s), Wired for Sound
Disability Common Area, Accessible Elevator Installed

Building Information

Square Feet 1,459
Year Built 1983
# of Stories 1
Building Faces Northeast
Construction Stucco, Synthetic Stucco
Foundation Slab
Roof Membrane

Property Features

Exterior Features Basketball Court, Balcony, Lighting, Private Entrance, Uncovered Courtyard

Garage and Parking

Garage Yes - 2 Spaces
Parking Garage, Covered, Guest

Financial

$/Sq Ft $401
$/Acre $22,586,873
Special Conditions NoLease,RestrictiveCovenant
Documents Available None
Disclosures Owner Is Listing Agent, Seller Disclosure

Property Taxes

Appraisal District Travis
Estimated Taxes $11,173
Tax ID 02010402160150
Tax Year 2025

Homeowner Association

Has HOA Yes
HOA Name Towers of Town Lake
HOA Fee $1,145 - Monthly

Listing Details

OfficeeXp Realty, LLC
Contact Info(512) 289-7263

Listing Map

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