GRAB THIS DEAL ! SELLER HAS DONE HIS PART TO MAKE THIS A STANDOUT DEAL FOR BUYERS ! COME GET IT ! Experience downtown Austin living at its best! This upgraded Towers of Town Lake condo combines low-maintenance living, a prime location in the heart of the action, and an exceptional value from a MOTIVATED SELLER. Incredible opportunity to live steps from Lady Bird Lake, the Hike & Bike Trail, and Rainey Street—all for a price that’s rarely seen in downtown Austin. Unit #2C2 is one of the best values in the city and the SELLER IS MOTIVATED, making this a must-see for buyers looking to enjoy the downtown lifestyle without the typical downtown price tag. This spacious 2-bedroom, 2-bath condo has been thoughtfully and extensively updated by the current owner with quality and comfort in mind: • Raised ceilings and ductwork in the main living areas • Bamboo flooring throughout, marble in the bathrooms • Granite countertops and custom cabinetry • Kitchen wall opened to create a bright, modern flow • LED cove lighting in living, dining, kitchen, and both bedrooms • All doors and hardware replaced (interior) • Shoji privacy screens in the living room • Murphy bed in the second bedroom adds versatility • Ceiling fans added to living room and bedrooms • High-end KitchenAid dishwasher and newer dryer • Fresh paint and clean, modern finishes throughout Towers of Town Lake is a rare 6-acre gated community downtown and offers a full suite of amenities: • 24-hour concierge and security • Indoor and outdoor pools, gym, racquetball court, sauna, and hot tub • Billiard room, meeting spaces, and on-site management • Reserved parking and ample guest parking • Lush landscaping and outdoor gathering areas This unit is ideal for professionals, students, or anyone seeking a convenient lock-and-leave lifestyle in a walkable location near downtown, UT, and the Capitol complex. Move-in ready, fully upgraded, and priced to sell!
Listed by Douglas Harrison
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License #362333
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Urbanspace
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(512) 457-8884
Last updated November 19, 2025
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Source: ACTRIS #5979477
Listing Facts
TypeCondo
NeighborhoodDowntown Austin
Bedrooms2
Bathrooms2
Days on Prevu120
HOA/Maint. Fees$1,075/month
Taxes$10,390.16/year
Size1,459 sqft
Price per sqft$267
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Air Conditioning
Parking
Swimming Pool
Fitness Center
Location
Mortgage Calculator
Listing History
11/19/2025
Price Decreased
$389,900
09/18/2025
Price Decreased
$399,900
08/12/2025
Listed by Urbanspace
$424,500
Property Details for 40 N Interstate 35 EXPY 2C2
Association
Amenities
Community Features: See Remarks, BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Fitness Center, Game Room, Garage Parking, Gated, Google Fiber, High Speed Internet, Lock And Leave, Maintenance On-Site, Package Service, Pool, Property Manager On-Site, Sauna, Spa/Hot Tub, Sport Court(s)/Facility
Fees
Association Fee: $1,075.00 Monthly
Association Fee Includes: Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Parking, Security, Trash, Water
General
Association Name: Towers Of Town Lake HOA
Exterior
Construction
Property Condition: Resale
Roof: Concrete, Mixed, Tar/Gravel
Window Features: Window Treatments
Year Built: 1983
Construction Materials: Concrete, Stucco
Exterior Features: Balcony, Restricted Access
Features
Direction Faces: North
Fencing: Fenced, Gate, Perimeter, Security
Patio And Porch Features: Covered
View: See Remarks
Measurements
Lot Features: Back To Park/Greenbelt, Landscaped, Private, Trees-Moderate
Lot Size Acres: 0.02
Lot Size Area: 0
Lot Size Square Feet: 1,149
Financial
Taxes
Parcel Number: 02010402160021
Tax Annual Amount: $10,390.16
Tax Assessed Value: $538,781.00
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Electric Oven, Refrigerator, Washer/Dryer
Flooring: Bamboo, Tile
Interior Features: Breakfast Bar, Ceiling Fan(s), Granite Counters, Electric Dryer Hookup, High Speed Internet, Murphy Bed, Open Floorplan, Primary Bedroom On Main, Washer Hookup
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
Location
Subdivision Name: Towers Town Lake Condo Amd
Tax Block: D
Tax Lot: 2C2
Parking
Parking
Covered Spaces: 2
Garage Spaces: 2
Parking Features: See Remarks, Assigned, Covered
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
Laundry Features: Electric Dryer Hookup, Washer Hookup
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Internet-Fiber, 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 EXPY 2C2.
What schools are nearby to 40 N Interstate 35 EXPY 2C2?
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 EXPY 2C2.
What are the annual taxes for 40 N Interstate 35 EXPY 2C2?
Annual taxes for this condo are estimated at $10,390.
How does 40 N Interstate 35 EXPY 2C2 compare to other condos in Downtown Austin?
This condo is listed 68% below the average price for condos in Downtown Austin and has been on the market for 34 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 Towers Of Town Lake HOA 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 EXPY 2C2 is a 2-bedroom, 2-bath condo for sale in Austin TX 78701. On Prevu for 120 days at $389,900. This includes a recent price decrease of $10,000. This residence features 1,459 square feet of living space, located in Downtown Austin. The median listing price for condos in this area is $755,000. Nearby schools include Mathews Elementary School, O Henry Middle School, and Austin High School. Additional amenities include private outdoor space, dishwasher, air conditioning, fitness center, parking, swimming pool, and washer/dryer. Explore 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.
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.
