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40 N Interstate 35 11B2Austin, TX 78701

For Sale

$599,000

Smart Buyer Rebate $5,990

*** 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.

Listed by Brad Lewis Lewis

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License #793748

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eXp Realty, LLC

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(512) 289-7263

Last updated July 31, 2026

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Source: ACTRIS #8668457

Listing Facts

  • TypeCondo
  • NeighborhoodDowntown Austin
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu30
  • HOA/Maint. Fees$1,145/month
  • Taxes$11,173/year
  • Size1,459 sqft
  • Price per sqft$411

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Elevator
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/29/2026
Price Decreased
$599,000
07/01/2026
Listed by eXp Realty, LLC
$610,000

Property Details for 40 N Interstate 35 11B2

Association

Amenities

  • Community Features: Clubhouse, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Electronic Payments, Game Room, Garage Parking, Gated, Hot Tub Community, Lake, Laundry Service, Library, Lock And Leave, Lounge, Maintenance On-Site, Planned Social Activities, Pool, Recycling Area/Center, Sauna, Spa/Hot Tub

Fees

  • Association Fee: $1,145.00 Monthly
  • Association Fee Includes: Common Area Maintenance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Sewer, Water

General

  • Association Name: Towers Of Town Lake

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Resale
  • Roof: Membrane
  • Window Features: Blinds
  • Year Built: 1983
  • Construction Materials: Stucco, Synthetic Stucco
  • Exterior Features: Balcony, Basketball Court, Uncovered Courtyard, Lighting, Private Entrance

Features

  • Direction Faces: NE
  • Fencing: Fenced, Full, Gate, Security
  • Pool Features: Fenced, Gunite, Indoor, Outdoor Pool, Waterfall
  • Pool Private: Yes
  • View: City
  • Waterfront Features: Lake Front, River Front, Waterfront
  • Waterfront: Yes

Measurements

  • Lot Features: Landscaped, Sprinkler - In-ground, Trees-Sparse, Views
  • Lot Size Acres: 0.02
  • Lot Size Area: 0
  • Lot Size Square Feet: 1,128

Financial

Taxes

  • Parcel Number: 02010402160150
  • Tax Annual Amount: $11,173.00
  • Tax Assessed Value: $505,777.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Refrigerator
  • Flooring: Carpet, Tile, Wood
  • Interior Features: Cedar Closet(s), Ceiling Fan(s), Chandelier, Granite Counters, Tile Counters, Crown Molding, Double Vanity, Electric Dryer Hookup, Elevator, High Speed Internet, Open Floorplan, Recessed Lighting, Sauna, Track Lighting, Walk-In Closet(s), Washer Hookup, Wired For Sound

Measurements

  • Living Area: 1,459
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bedrooms: 2

Other

Features

  • Accessibility Features: Common Area, Accessible Elevator Installed

Location

  • Subdivision Name: Towers Town Lake Condo Amd
  • Tax Block: D
  • Tax Lot: 11B2
  • Water Body Name: Lady Bird Lake

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Garage
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Mathews
  • Elementary School District: Austin ISD

High School

  • High School: Austin
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: O Henry
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Internet-Cable, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public, Well

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 40 N Interstate 35 11B2.

What schools are nearby to 40 N Interstate 35 11B2?

Nearby schools include the Mathews Elementary School, O Henry Middle School, and Austin High School.

Does this condo have parking?

Yes, there are 2 parking spaces available for 40 N Interstate 35 11B2.

What are the annual taxes for 40 N Interstate 35 11B2?

Annual taxes for this condo are estimated at $11,173.

How does 40 N Interstate 35 11B2 compare to other condos in Downtown Austin?

This condo is listed 39% below the average price for condos in Downtown Austin and has been on the market for 88 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is part of the Towers Of Town Lake home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 1,459 sqft.

40 N Interstate 35 11B2 is a 2-bedroom, 2-bath condo for sale in Austin TX 78701. On Prevu for 30 days at $599,000. This includes a recent price decrease of $11,000. This property features 1,459 square feet of living space, located in Downtown Austin. The median listing price for condos in this area is $650,000. Nearby schools include Mathews Elementary School, O Henry Middle School, and Austin High School. The home offers private outdoor space, dishwasher, elevator, air conditioning, parking, and swimming pool. View other condo listings in Austin.

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.