34
Map
$549,000
●
Condo -
For Sale
40 N Interstate 35 #7D4
Austin, TX 78701
2 Beds
2 Baths
1,360 Ft²
$4,388
Est. Monthly
$1,070
HOA / Fees
About This Property
Remodeled corner unit with incredible views of Lady Bird Lake.
Bamboo floors, updated baths, and gourmet kitchen designed by
Patrice Nichole Studio with Bosch appliances, Brazilian quartzite
counters, Thai bamboo custom cabinets and decorative stone
backsplash. Large open living area with tons of natural light
accented with custom wood window frames and doors. Plenty of room
for formal dining or office area. Primary bedroom with
walk-in closet with safe and en suite bath with double vanity.
Secondary bedroom with floor-to-ceiling wood bookcases with storage
drawers. Secondary bath features walk-in tub with jets. Towers of
Town Lake amenities are first class with indoor and outdoor pools,
gym, racketball / basketball court, billiards room, library, etc.
24 hour security and concierge. Gated with two assigned
parking spaces in garage.
Unit Size
1,360 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$404
Property Type
Condo
Property Taxes
$622
HOA Dues
$1,070
Year Built
1983
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (Unlock MLS #ACT2100983)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2026 | Listed by The Marye Company | $549,000 | |
| Listed by The Marye Company | |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Community Structure, Covered, Garage, Covered, Garage
Interior Details
Full Bathrooms: 2
Interior Features: Natural Woodwork
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Flooring Type: Bamboo, Tile
Exterior Details
Has Property Attached
Square Footage: 1360
Square Footage Source: $0
Green Sustainability
Security Features: 24 Hour Security, Building Security
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1983
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: Double Pane Windows
Construction Materials: Concrete
Patio and Porch Features: None
Pool Features: None
Lot Features: None
Lot Size Area: 1058.51
Lot Size Units: Square Feet
Lot Size Acres: 0.0243
Lot Size Square Feet: 1058.51
Water Source: Public
Financial Details
Tax Map Number: 7D4
Tax Assessed Value: $450,706
Tax Annual Amount: $7,459
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water
HOA/Condo/Coop Amenities: Concierge, Meeting Room
HOA Fee: $1,070
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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
40 North Interstate 35
40 North Interstate 35, Austin, TX 78701
- 3 Units for Sale
About Downtown Austin
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Listed by: Drew Marye
Listed Office: The Marye Company - Listing courtesy of Unlock MLS
Phone: (512) 444-7171
Last Updated: 2026-08-14 04:02:52
Data Source: Unlock MLS, MLS# ACT2100983
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: The Marye Company - Listing courtesy of Unlock MLS
Phone: (512) 444-7171
Last Updated: 2026-08-14 04:02:52
Data Source: Unlock MLS, MLS# ACT2100983
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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