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40 N Interstate 35 3B3, Austin TX 78701
40 N Interstate 35 3B3, Austin TX 78701
Texas>Austin>Downtown Austin

40 N Interstate 35 3B3Austin, TX 78701

For Sale

$369,000

Smart Buyer Rebate $3,690

South facing unit, third floor in "B" Building which is the second in from Rainey Street (third building away from IH35). Amenities include one indoor/one outdoor pool, a cardio exercise room, weight room, library, meeting rooms, billiard room, racketball court. Walk through gate and cross street to Lady Bird Lake hike & bike trails

Listed by Denny Holt

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License #421594

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DENNY HOLT REALTORS

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(512) 694-1103

Last updated July 20, 2026

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Source: ACTRIS #1469576

Listing Facts

  • TypeCondo
  • NeighborhoodDowntown Austin
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu150
  • HOA/Maint. Fees$1,011/month
  • Taxes$8,698/year
  • Size1,288 sqft
  • Price per sqft$286

Amenities

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

Location

Mortgage Calculator

Listing History

07/20/2026
Price Decreased
$369,000
05/05/2026
Price Decreased
$409,000
03/03/2026
Listed by DENNY HOLT REALTORS
$419,000

Property Details for 40 N Interstate 35 3B3

Association

Amenities

  • Community Features: Business Center, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Covered Parking, Fitness Center, Garage Parking, Gated, Google Fiber, Hot Tub Community, Lake, Library, Lounge, Racquetball

Fees

  • Association Fee: $1,011.00 Monthly
  • Association Fee Includes: Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash, Water

General

  • Association Name: Somerset Association Management

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Resale
  • Roof: Membrane
  • Window Features: Insulated Windows, Tinted Windows, Window Coverings
  • Year Built: 1983
  • Construction Materials: Masonry – All Sides
  • Exterior Features: Balcony, Restricted Access

Features

  • Direction Faces: South
  • Fencing: Gate
  • Patio And Porch Features: Rear Porch, Terrace
  • View: Lake, Park/Greenbelt
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Measurements

  • Lot Features: Back To Park/Greenbelt, Landscaped, Views
  • Lot Size Acres: 0.02
  • Lot Size Area: 0
  • Lot Size Square Feet: 1,010

Financial

Taxes

  • Parcel Number: 02010402160033
  • Tax Annual Amount: $8,698.00
  • Tax Assessed Value: $537,616.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Free-Standing Electric Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
  • Flooring: Tile
  • Interior Features: Bar, Ceiling Fan(s), Double Vanity, Electric Dryer Hookup, Elevator

Measurements

  • Living Area: 1,288
  • Living Area Source: Public Records

Rooms

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

Other

Location

  • Subdivision Name: Towers Town Lake Condo Amd
  • Tax Block: D
  • Tax Lot: 3B3
  • Water Body Name: Lady Bird Lake

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Assigned, 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: Central, Electric
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Internet-Cable, Internet-Fiber, Natural Gas Not Available, Sewer Connected, Water Connected
  • Water Source: Public

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 3B3.

What schools are nearby to 40 N Interstate 35 3B3?

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 3B3.

What are the annual taxes for 40 N Interstate 35 3B3?

Annual taxes for this condo are estimated at $8,698.

How does 40 N Interstate 35 3B3 compare to other condos in Downtown Austin?

This condo is listed 62% below the average price for condos in Downtown Austin and has been on the market for 32 more 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 Somerset Association Management home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 1,288 sqft.

40 N Interstate 35 3B3 is a 2-bedroom, 2-bath condo for sale in Austin TX 78701. Available on Prevu for 150 days at $369,000. This includes a recent price decrease of $40,000. This residence features 1,288 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. Additional amenities include private outdoor space, dishwasher, elevator, air conditioning, fitness center, parking, and swimming pool. Browse more 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.