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Austin 78701 Downtown Austin
40 N Interstate 35 #PB1
$999,000
● Condo - Off Market

40 N Interstate 35 #PB1

Austin, TX 78701
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,651 Ft²
$6,834
Est. Monthly
$147
HOA / Fees
1.47%
Cap Rate

About This Property

Rare opportunity to own a top floor penthouse at one of the city's most desirable complexes! Seller Financing Available! This unit was built for the designer of the entire complex to his specifications and has only sold one time since. With a huge living area open to the dining area and kitchen, the open concept of this unit is incredibly hard to find among Downtown condos. The living area has a balcony overlooking the city with views of Rainey St and Town Lake. Walk to town lake and Rainey street in minutes from this incredibly convenient location. Both bedrooms in this unit have large full baths attached to them and the Foyer in between them has a tastefully decorated half bath and double doors to each of the suites. In the primary suite you will find another balcony with a clear and peaceful view of Town Lake. There is also a bathtub in the room with a large window to appreciate the natural light that the top floor provides. Large walk in closets, counters and bathrooms in this unit create an incredible ambience of spaciousness. The Towers of Town Lake has been one of the city's premier complexes for a long time, with its gated 24-hour access, easy access from I-35 and close proximity to Rainey St. District and Town Lake. The community features a well equipped fitness center, racquetball court, indoor pool, outdoor pool, concierge service, business center, and much more. All of the high grade furniture can convey with a full priced offer, making your move as easy as possible. There are not many opportunities to secure a top floor penthouse, do not miss out on yours!
Unit Size
2,651 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$377
Property Type
Condo
Property Taxes
$1,781
HOA Dues
$147
Year Built
1983

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Last updated: 5 months ago (Unlock MLS #ACT4500041)

Price History

Date / Event Date Event Price
Jun 4, 2025 Withdrawn -
Withdrawn
May 6, 2025 Price Decreased $999,000
↓ $100K (9.1%)
Price Decreased
Jan 8, 2025 Listed by Deal Smith Realty LLC $1,099,000
Listed by Deal Smith Realty LLC
Nov 13, 2024 Withdrawn -
Withdrawn
Oct 11, 2024 Price Decreased $1,199,000
↓ $51K (4.1%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Elevator
Air Conditioning
With View
Parking Details
Parking Features: Common, Community Structure, Concrete, Garage, Gated, Covered, Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bar, Bidet, Built-in Features, Ceiling Fan(s), High Ceilings, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), High Speed Internet, Two Primary Suties, Primary Bedroom on Main
Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Washer, Washer/Dryer
Flooring Type: Carpet, Tile, Wood
Exterior Details
Square Footage: 2651
Square Footage Source: $0
Green Sustainability
Security Features: Building Security, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Gated with Guard, Key Card Entry, Secured Garage/Parking, Security Fence, Security Guard, Security Lights, Security Service, Smoke Detector(s)
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1983
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: Blinds, Double Pane Windows
Construction Materials: Concrete
Patio and Porch Features: None
Pool Features: None
Lot Features: Greenbelt
Lot Size Area: 2073.46
Lot Size Units: Square Feet
Lot Size Acres: 0.0476
Lot Size Square Feet: 2073.46
Water Source: Public
Financial Details
Tax Map Number: PB1
Tax Assessed Value: $1,181,271
Tax Annual Amount: $21,372
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Barbecue, Concierge, Game Room
HOA Fee: $1,768
HOA Fee Frequency: Annually

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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