$585,000
2 Beds
2 Baths
1,459 SqFt
0.03 Acre Lot
1,128 Sqft Lot
Status Active
Property Type Condominium
Price Type
Year Built 1983
Neighborhood Towers Town Lake Condo Amd
Days on Website 73

Property Map

$585,000 – 40 N Interstate 35 #11b2, Austin, TX 78701

Street View

Property listed by eXp Realty, LLC 888-519-7431 {attribution_contact}

Description

*** 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.

Property Details and Features

Appliances & Equipment

  • Dishwasher
  • FreeStandingElectricRange
  • Disposal
  • Microwave
  • Refrigerator

Bathrooms

  • 2 total bathrooms
  • 2 full bathrooms

Bedrooms

  • 2 total bedrooms
  • 2 main level bedrooms

Building

  • Built in 1983
  • Living area: 1459.0
  • Building faces Northeast
  • Levels: One
  • Construction Materials: Stucco, SyntheticStucco

Community

  • BarLounge
  • Concierge
  • CommonGroundsArea
  • Clubhouse
  • CommunityMailbox
  • Courtyard
  • ConferenceMeetingRoom
  • GameRoom
  • Gated
  • Lake
  • Library
  • LaundryService
  • MaintenanceOnSite
  • Pool
  • PlannedSocialActivities
  • Sauna
  • TrailsPaths

Disclosures

  • OwnerIsListingAgent
  • SellerDisclosure

Accessibility Features

  • CommonArea
  • AccessibleElevatorInstalled

Energy Saving

  • Sustainability: OnsiteRecyclingCenter

Exterior Features

  • BasketballCourt
  • Balcony
  • Lighting
  • PrivateEntrance
  • UncoveredCourtyard

Fence

  • Fenced
  • Full
  • Gate
  • Security

Floors

  • Carpet
  • Tile
  • Wood

Foundation

  • Slab

Garage

  • 2 spaces

Heating

  • Electric

Home Owner’s Association

  • Association Fee: $1,145
  • Fee Frequency: Monthly
  • Fee Includes: CommonAreaMaintenance, MaintenanceGrounds, MaintenanceStructure, Parking, PestControl, Sewer, Water
  • Amenities: Concierge

Interior Features

  • CedarClosets
  • CeilingFans
  • Chandelier
  • CrownMolding
  • DoubleVanity
  • Elevator
  • GraniteCounters
  • HighSpeedInternet
  • OpenFloorplan
  • RecessedLighting
  • Sauna
  • TileCounters
  • TrackLighting
  • WalkInClosets
  • WiredForSound

Laundry

  • LaundryCloset
  • WasherHookup
  • ElectricDryerHookup

Listing

  • Listing ID: 8668457
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Condominium
  • On market as of 2026-07-01
  • 53 days on market
  • Special Conditions: Standard

Location

  • Subdivision: Towers Town Lake Condo Amd
  • MLS Area (Major): DT
  • County/Parish: Travis

Lot

  • 0.0259 acres
  • Landscaped
  • SprinklersInGround
  • FewTrees
  • Views

Parking

  • 2 covered spaces
  • Garage
  • Covered
  • Guest

Pool

  • Fenced
  • Gunite
  • Indoor
  • OutdoorPool
  • Waterfall
  • Community

Possession

  • ClosingAndFunding

Property

  • Resale
  • City

Roof

  • Membrane

Schools

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

Sewer

  • PublicSewer

Taxes

  • Parcel Number: 02010402160150
  • Annual Amount: $11,173
  • Assessed Value: $505,777
  • Tax Block: D
  • Legal Description: UNT 11B2 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .496% INT IN COMMON AREA
  • Lot: 11B2
  • Year: 2025

Utilities

  • CableAvailable
  • ElectricityAvailable
  • ElectricityConnected
  • NaturalGasNotAvailable
  • HighSpeedInternetAvailable
  • PhoneAvailable
  • SewerConnected
  • WaterConnected
  • Water Source: Public, Well

Water Features

  • Water Body Name: Lady Bird Lake
  • LakeFront
  • RiverFront
  • Waterfront

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