35
Map
40 N Interstate 35 #10B1
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Price Decreased |
$925,000
↓ $50K
(5.1%) | |
| Price Decreased | |||
| May 1, 2025 | No longer available | - | |
| No longer available | |||
| May 1, 2025 | Listed by Compass RE Texas, LLC | $975,000 | |
| Listed by Compass RE Texas, LLC | |||
| |||
|
MOTIVATED SELLER. Downtown living at it's best is what you'll find in this building. It's a minute walk to Rainy Street, the trail on Lady Bird Lake and many restaurants and bars. If you live here, you can walk so many places. In the building you have an indoor and outdoor pools, an updated fitness facility, a racquet ball court, etc. You'll feel like you're on vacation all of the time living here. Live a life of unparalleled luxury and breathtaking beauty in this stunning condo at the Towers of Town Lake. This exquisite residence offers 4 spacious bedrooms, 3 full bathrooms, an office and 2 dining areas, all framed by some of the most incredible views the city has to offer. As you step into the grand living area, you're immediately struck by the panoramic vistas that stretch out before you. Floor-to-ceiling windows flood the space with natural light, offering unobstructed views of the shimmering skyline and the serene waters of Lady Bird Lake. The open-concept design of the living area flows seamlessly into a gourmet kitchen, where sleek, modern finishes meet functionality. Equipped with stainless appliances, quartz countertops, and custom cabinetry, this kitchen is both a chef's dream and a central gathering spot for friends and family. Adjacent to the kitchen are 2 dining spaces: a formal dining room perfect for entertaining, and a cozy breakfast nook ideal for casual meals. The primary suite was designed to maximize comfort and luxury. Wake up to awe-inspiring sunrises over Lady Bird Lake and wind down with the twinkling lights of downtown Austin. The en-suite bathroom is a haven of relaxation, featuring a soaking tub, a glass-enclosed shower, and dual vanities, all complimented by premium finishes that exude elegance. Two reserved covered parking spaces included. Welcome to your new life at the Towers of Town Lake, where every day is elevated by the beauty and energy of downtown Austin.
| |||
| Mar 11, 2025 | Price Decreased |
$975,000
↓ $20K
(2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/19/2025
|
2 Bed
|
2 Bath
|
1533 ft²
|
$539,900
2 Bed
2 Bath
1533 ft²
|
-
-
|
Lee McClintick
Joseph Walter Realty, LLC
| |
|
07/03/2025
|
2 Bed
|
2 Bath
|
1533 ft²
|
$550,000
2 Bed
2 Bath
1533 ft²
|
-
-
|
Julie Hutchison
eXp Realty, LLC
| |
|
05/01/2025
|
4 Bed
|
3 Bath
|
2651 ft²
|
$975,000
4 Bed
3 Bath
2651 ft²
|
$925,000
-5.13%
05/01/2025
|
Ferree Rhodes
Compass RE Texas, LLC
| |
|
01/08/2025
|
2 Bed
|
2 Bath
|
2651 ft²
|
$1,099,000
2 Bed
2 Bath
2651 ft²
|
-
-
|
Derek Smith
Teifke Real Estate
| |
|
12/12/2024
|
2 Bed
|
2 Bath
|
1360 ft²
|
$575,000
2 Bed
2 Bath
1360 ft²
|
$575,000
12/12/2024
|
Kimberly Treadaway
Keller Williams Realty
| |
|
10/18/2024
|
2 Bed
|
2 Bath
|
1533 ft²
|
$589,000
2 Bed
2 Bath
1533 ft²
|
$589,000
10/18/2024
|
Gregg Klar
Keller Williams - Lake Travis
| |
|
05/23/2024
|
4 Bed
|
3 Bath
|
2651 ft²
|
$1,400,000
4 Bed
3 Bath
2651 ft²
|
-
-
|
Ferree Rhodes
Compass RE Texas, LLC
| |
|
03/05/2024
|
2 Bed
|
3 Bath
|
2651 ft²
|
$1,300,000
2 Bed
3 Bath
2651 ft²
|
-
-
|
Derek Smith
Teifke Real Estate
| |
|
01/26/2024
|
2 Bed
|
2 Bath
|
1533 ft²
|
$446,900
2 Bed
2 Bath
1533 ft²
|
-
-
|
Nouzha Swimelar
NS Properties, LLC
| |
|
10/06/2023
|
2 Bed
|
2 Bath
|
1533 ft²
|
$615,000
2 Bed
2 Bath
1533 ft²
|
-
-
|
Doug Harrison
Urbanspace
| |
|
08/05/2023
|
2 Bed
|
2 Bath
|
1459 ft²
|
$549,900
2 Bed
2 Bath
1459 ft²
|
-
-
|
Jeff Kress
Pure Realty
| |
|
11/02/2020
|
2 Bed
|
2 Bath
|
1743 ft²
|
$520,000
2 Bed
2 Bath
1743 ft²
|
-
-
|
Holly Mace Massingill
Keller Williams - Austin SW
| |
|
05/05/2020
|
2 Bed
|
2 Bath
|
1533 ft²
|
$565,000
2 Bed
2 Bath
1533 ft²
|
-
-
|
Monty Maulding
Keller Williams - Austin SW
| |
|
04/16/2019
|
2 Bed
|
2 Bath
|
1533 ft²
|
$535,000
2 Bed
2 Bath
1533 ft²
|
-
-
|
Monty Maulding
Keller Williams - Austin SW
| |
|
10/15/2018
|
2 Bed
|
2 Bath
|
1533 ft²
|
$579,000
2 Bed
2 Bath
1533 ft²
|
-
-
|
Monty Maulding
Keller Williams - Austin SW
| |
|
10/11/2018
|
2 Bed
|
2 Bath
|
1234 ft²
|
$475,000
2 Bed
2 Bath
1234 ft²
|
-
-
|
Michael Harrell
Rhapsody Realty Services, LLC
| |
|
09/21/2018
|
2 Bed
|
2 Bath
|
1288 ft²
|
-
2 Bed
2 Bath
1288 ft²
|
-
-
|
Lisa Little
Keller Williams - Austin SW
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017