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Austin 78701 Downtown Austin
40 N Interstate 35 #2D1
$525,000
● Condo - Off Market

40 N Interstate 35 #2D1

Austin, TX 78701
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,533 Ft²
$4,699
Est. Monthly
$1,214
HOA / Fees
2.57%
Cap Rate

About This Property

Downtown Austin Living, Steps from Rainey Street! Imagine waking up in the heart of Austin's most vibrant district - Rainey Street, Lady Bird Lake, and the Hike & Bike Trail all just steps from your front door. Welcome to Unit 2D1 at The Towers at Town Lake, where urban energy meets resort-style living. This rare 2-bedroom, 2-bath residence offers: Expansive open living with floor-to-ceiling windows and a private balcony that floods the home with natural light. Modern chef's kitchen with granite counters, a breakfast bar, and plenty of storage - perfect for hosting friends or enjoying a quiet morning coffee. Spacious bedrooms with walk-in closets and updated en-suite baths for the ultimate in comfort. Elegant finishes including warm wood flooring and timeless design throughout. But the real value? Lifestyle. At The Towers, you're not just buying a home - you're unlocking a community with unmatched amenities: Indoor heated pool + outdoor resort pool oasis. State-of-the-art gym, racquetball courts, sauna, and spa. On-site library, resident lounge, and 24/7 concierge. Direct access to Rainey Street Trailhead Park for walking, biking, or unwinding by the lake.

Why buyers love this home: Rarely available floor plan in Austin's most sought-after condo community. Walkable to Rainey Street District, restaurants, music, and nightlife. Lock-and-leave convenience with full-time concierge and security. This is more than a condo. It's a front-row seat to the best of Austin living - with all the serenity and amenities of a private retreat. Book your showing today - opportunities like this in The Towers move fast.
Unit Size
1,533 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$342
Property Type
Condo
Property Taxes
$907
HOA Dues
$1,214
Year Built
1983

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Last updated: 10 months ago (Unlock MLS #ACT9607513)

Price History

Date / Event Date Event Price
Dec 5, 2025 Delisted -
Delisted
Nov 30, 2025 In contract -
In contract
Sep 6, 2025 Price Decreased $525,000
↓ $5K (0.9%)
Price Decreased
Aug 31, 2025 Price Decreased $530,000
↓ $5K (0.9%)
Price Decreased
Aug 26, 2025 Price Decreased $535,000
↓ $5K (0.9%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Granite Counters, Entrance Foyer, Pantry, Recessed Lighting, Walk-In Closet(s), Wired for Sound, High Speed Internet, Primary Bedroom on Main
Appliances: Dishwasher, Disposal, Electric Cooktop, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Refrigerator, Trash Compactor, Washer/Dryer Stacked, Electric Water Heater, Water Purifier Owned, Built-In Oven(s)
Flooring Type: Stone, Wood
Exterior Details
Has Property Attached
Square Footage: 1533
Square Footage Source: $0
Green Sustainability
Security Features: Fire Alarm, Security System Owned, Smoke Detector(s)
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1983
Waterfront Features: None
Levels: One
Other Structures: See Remarks
Window Features: Window Treatments
Construction Materials: Block, Concrete
Patio and Porch Features: None
Pool Features: See Remarks
Lot Features: Level, Wooded, Public Maintained Road
Lot Size Area: 1197.9
Lot Size Units: Square Feet
Lot Size Acres: 0.0275
Lot Size Square Feet: 1197.9
Water Source: Public
Financial Details
Tax Map Number: 2D1
Tax Assessed Value: $564,753
Tax Annual Amount: $10,888
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Security, Trash, Water, Landscaping, Parking
HOA/Condo/Coop Amenities: Sport Court, Game Room, Trail(s)
HOA Fee: $1,214
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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