Price Reduced Listing
$585,000
 $3,140 est/mo Sourced by Back At You

40 N Interstate 35 None #11b2,Austin, TX 78701

Austin, TX 78701

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Description

*** 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.

Details

MLS #8668457
Listing TypeFor Sale
StyleCondominium
HOA Dues$1,145
Sub-TypeResale
StatusActive
Year1983
Days On Site57
Listing Provided ByeXp Realty, LLC | Brad Lewis Lewis

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,459
Garage2
PoolYes
Story(s)1
Acreage0.03
Water FrontYes
Property ViewCity

Interior

Interior FeaturesCedar 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
CoolingCentral Air
HeatingElectric
AppliancesDishwasher, Disposal, Microwave, Free-Standing Electric Range, Refrigerator
Fireplaces Total0
Window FeaturesBlinds
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Basketball Court, Uncovered Courtyard, Lighting, Private Entrance
RoofMembrane
Foundation DetailsSlab
Lot FeaturesLandscaped, Trees-Sparse, Views
Patio And Porch FeaturesNone
FencingFenced, Full, Gate, Security
Construction MaterialsStucco, Synthetic Stucco
Security Features24 Hour Security

Parking

Parking FeaturesGarage
Garage Spaces2

Utilities

UtilitiesCable Available, Electricity Available, Electricity Connected, High Speed Internet, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected
SewerPublic Sewer

Other

List AorAustin Board Of Realtors

Taxes

Property11173

Area Information

StateTX
CountyTravis
CityAustin
Zip Code78701
AreaDT
Community NameTowers Town Lake Condo Amd
School DistrictAustin ISD
Elementary SchoolMathews
High SchoolAustin
Listing VS Median (in Towers Town Lake Condo Amd)
Price:
$585,000
low | high
Med:
$499,000
64.700854700855% of Average
sqft:
1,459
low | high
Med:
1,459
50% of Average
$ / sqft:
$401
low | high
Med:
$342
64.700854700855% of Average
On site:
57
low | high
Med:
83
68.674698795181% of Average
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 27, 2026 at 10:02:08 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78701
AreaDT
Community NameTowers Town Lake Condo Amd
School DistrictAustin ISD
Elementary SchoolMathews
High SchoolAustin
Listing VS Median (in Towers Town Lake Condo Amd)
Price:
$585,000
low | high
Med:
$499,000
64.700854700855% of Average
sqft:
1,459
low | high
Med:
1,459
50% of Average
$ / sqft:
$401
low | high
Med:
$342
64.700854700855% of Average
On site:
57
low | high
Med:
83
68.674698795181% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $438K - $731K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
48 EAST AVE Property Photo 1
$1,200,000
48 East Ave
Austin, TX 78701
Listing Updated: August 23, 2026 at 8:30:42 PM PDT
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