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Austin 78701 Downtown Austin
40 N Interstate 35 #11B2
$585,000
↓ $14K (2.3%)
● Condo - For Sale

40 N Interstate 35 #11B2

Austin, TX 78701
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,459 Ft²
$4,949
Est. Monthly
$1,145
HOA / Fees

About This Property

*** 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.
Unit Size
1,459 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$401
Property Type
Condo
Property Taxes
$931
HOA Dues
$1,145
Year Built
1983

Listed By

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Last updated: 2 months ago (Unlock MLS #ACT8668457)

Price History

Date / Event Date Event Price
Aug 24, 2026 Price Decreased $585,000
↓ $14K (2.3%)
Price Decreased
Jul 30, 2026 Price Decreased $599,000
↓ $11K (1.8%)
Price Decreased
Jul 1, 2026 Listed by eXp Realty, LLC $610,000
Listed by eXp Realty, LLC

Property Highlights

Garage
Parking Available
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Garage, Covered, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Cedar Closet(s), Ceiling Fan(s), Chandelier, Granite Counters, Tile Counters, Crown Molding, Double Vanity, Elevator, High Speed Internet, Open Floorplan, Recessed Lighting, Sauna, Track Lighting, Walk-In Closet(s), Wired for Sound, High Speed Internet
Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Refrigerator
Flooring Type: Carpet, Tile, Wood
Exterior Details
Has Property Attached
Square Footage: 1459
Square Footage Source: $0
Green Sustainability
Security Features: 24 Hour Security
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1983
Waterfront Features: Lake Front, River Front, Waterfront
Waterbody Name: Lady Bird Lake
Levels: One
Other Structures: None
Window Features: Blinds
Construction Materials: Stucco, Synthetic Stucco
Patio and Porch Features: None
Pool Features: Fenced, Gunite, Indoor, Outdoor Pool, Waterfall
Pool is Private
Lot Features: Landscaped, Wooded, Views
Lot Size Area: 1128.2
Lot Size Units: Square Feet
Lot Size Acres: 0.0259
Lot Size Square Feet: 1128.2
Water Source: Public, Well
Financial Details
Tax Map Number: 11B2
Tax Assessed Value: $505,777
Tax Annual Amount: $11,173
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Water, Landscaping, Parking
HOA/Condo/Coop Amenities: Concierge, Meeting Room, Game Room, Spa/Hot Tub, Sauna, Trail(s)
HOA Fee: $1,145
HOA Fee Frequency: Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20250519 Unit 3D3
05/19/2025
3D3
2 Bed
2 Bath
1533 ft²
$539,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1533 ft²
-
-
Lee McClintick
Joseph Walter Realty, LLC
20250703 Unit 2D1
07/03/2025
2D1
2 Bed
2 Bath
1533 ft²
$550,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1533 ft²
-
-
Julie Hutchison
eXp Realty, LLC
20250501 Unit 10B1
05/01/2025
4 Bed
3 Bath
2651 ft²
$975,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2651 ft²
$925,000 -5.13%
05/01/2025
Ferree Rhodes
Compass RE Texas, LLC
20250108 Unit PB1
01/08/2025
PB1
2 Bed
2 Bath
2651 ft²
$1,099,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
2651 ft²
-
-
Derek Smith
Teifke Real Estate
20241212 Unit 8D2
12/12/2024
8D2
2 Bed
2 Bath
1360 ft²
$575,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1360 ft²
$575,000
12/12/2024
Kimberly Treadaway
Keller Williams Realty
20241018 Unit 11D3
10/18/2024
2 Bed
2 Bath
1533 ft²
$589,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1533 ft²
$589,000
10/18/2024
Gregg Klar
Keller Williams - Lake Travis
20240523 Unit 10B1
05/23/2024
4 Bed
3 Bath
2651 ft²
$1,400,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2651 ft²
-
-
Ferree Rhodes
Compass RE Texas, LLC
20240305 Unit PB1
03/05/2024
PB1
2 Bed
3 Bath
2651 ft²
$1,300,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2651 ft²
-
-
Derek Smith
Teifke Real Estate
20240126 Unit 2D3
01/26/2024
2D3
2 Bed
2 Bath
1533 ft²
$446,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1533 ft²
-
-
Nouzha Swimelar
NS Properties, LLC
20231006 Unit 3D3
10/06/2023
3D3
2 Bed
2 Bath
1533 ft²
$615,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1533 ft²
-
-
Doug Harrison
Urbanspace
20230805 Unit 4C2
08/05/2023
4C2
2 Bed
2 Bath
1459 ft²
$549,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1459 ft²
-
-
Jeff Kress
Pure Realty
20201102 Unit 4A1
11/02/2020
4A1
2 Bed
2 Bath
1743 ft²
$520,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1743 ft²
-
-
Holly Mace Massingill
Keller Williams - Austin SW
20200505 Unit 3D3
05/05/2020
3D3
2 Bed
2 Bath
1533 ft²
$565,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1533 ft²
-
-
Monty Maulding
Keller Williams - Austin SW
20190416 Unit 3D3
04/16/2019
3D3
2 Bed
2 Bath
1533 ft²
$535,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1533 ft²
-
-
Monty Maulding
Keller Williams - Austin SW
20181015 Unit 3D3
10/15/2018
3D3
2 Bed
2 Bath
1533 ft²
$579,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1533 ft²
-
-
Monty Maulding
Keller Williams - Austin SW
20181011 Unit 4A4
10/11/2018
4A4
2 Bed
2 Bath
1234 ft²
$475,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1234 ft²
-
-
Michael Harrell
Rhapsody Realty Services, LLC
20180921 Unit 5C1
09/21/2018
5C1
2 Bed
2 Bath
1288 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1288 ft²
-
-
Lisa Little
Keller Williams - Austin SW

Building Info

40 North Interstate 35 40 North Interstate 35, Austin, TX 78701
  • 3 Units for Sale
More about this Building
40 North Interstate 35
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