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40 N Interstate 35 Highway 5A1Austin, TX 78701

For Sale

$885,000

Smart Buyer Rebate $8,850

OVERSIZED LAYOUT + A CUSTOM FLOOR PLAN /// Residence 5A1 at Towers of Town Lake offers 1,743 SF per tax record, two bedrooms, a separate office and 2.5 baths for $885,000. Set on the fifth floor of the coveted A tower, this corner residence combines generous living and dining areas with a sunny breakfast nook and a dedicated workspace. /// WINDOWS WRAP THE CORNER /// Floor-to-ceiling glass frames views of Lady Bird Lake and the neighboring park, with city views adding to the corner setting. A long glass-rail balcony offers a place for morning coffee or an evening overlooking the lake and park. /// TWO BEDROOMS + A SEPARATE OFFICE /// Bedrooms on opposite sides offer privacy. Glass French doors open to a library-study with floor-to-ceiling bookshelves, leaving both bedrooms available for residents and guests. Walk-in closets, two full baths, a separate powder room and a dedicated laundry room support everyday living. /// KITCHEN + GATHERING SPACES /// The white kitchen features granite counters and backsplash, a peninsula cooktop and stainless appliances. Connected living and dining areas accommodate gatherings, while the window-lined breakfast nook offers another place to enjoy the view. Polished tile and plantation shutters complete the interiors. /// ESTABLISHED COMMUNITY + EXTENSIVE AMENITIES /// Towers of Town Lake pairs an established lakefront setting with an exterior renovated in recent years. Gated grounds offer indoor and outdoor pools, spa, sauna, fitness center, sport court, billiards, library and concierge service. Two assigned garage parking spaces add everyday convenience. /// PARKSIDE SETTING + DOWNTOWN CONNECTIONS /// Enjoy the neighboring park and Ann and Roy Butler Hike-and-Bike Trail, with East Avenue access connecting the community to coffee, dining and the Rainey Street neighborhood.

Listed by Bryan Cady

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License #526188

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DEN Property Group

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(512) 222-3364

Last updated October 17, 2026

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Source: ACTRIS #5612690

Listing Facts

  • TypeCondo
  • NeighborhoodDowntown Austin
  • Bedrooms2
  • Bathrooms3
  • Days on Prevu15
  • HOA/Maint. Fees$1,368/month
  • Taxes$14,136.34/year
  • Size1,743 sqft
  • Price per sqft$508

Amenities

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

Location

Mortgage Calculator

Listing History

10/16/2026
Listed by DEN Property Group
$885,000
  1. 10/16/2026$885,000
    Listed by DEN Property Group

Property Details for 40 N Interstate 35 Highway 5A1

Association

Amenities

  • Community Features: Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Fitness Center, Game Room, Gated, Library, Lounge, Pool, Sauna, Spa/Hot Tub, Sport Court(s)/Facility

Fees

  • Association Fee: $1,368.00 Monthly
  • Association Fee Includes: Common Area Maintenance

General

  • Association Name: Towers Of Town Lake Condominium Association, Inc.

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Resale
  • Roof: See Remarks
  • Window Features: Plantation Shutters
  • Year Built: 1983
  • Construction Materials: See Remarks
  • Exterior Features: Balcony

Features

  • Direction Faces: West
  • Patio And Porch Features: Covered
  • View: Downtown, Lake, Park/Greenbelt, Skyline, Trees/Woods
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes

Measurements

  • Lot Features: Landscaped, Views
  • Lot Size Acres: 0.03
  • Lot Size Area: 0
  • Lot Size Square Feet: 1,359

Financial

Taxes

  • Parcel Number: 02010402160059
  • Tax Annual Amount: $14,136.34
  • Tax Assessed Value: $690,762.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Built-In Oven(s), Dishwasher, Electric Cooktop, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Flooring: Tile
  • Interior Features: Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Granite Counters, Double Vanity, Eat-in Kitchen, French Doors, Open Floorplan, Pantry, Primary Bedroom On Main, Recessed Lighting, Soaking Tub, Study/Home Office, Walk-In Closet(s)

Measurements

  • Living Area: 1,743
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 2
  • Main Level Bedrooms: 2

Other

Environmental

  • Green Energy Efficient: See Remarks

Features

  • Accessibility Features: Accessible Elevator Installed

Location

  • Subdivision Name: Towers Town Lake Condo Amd
  • Tax Block: D
  • Tax Lot: 5A1
  • 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: See Remarks
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 3 bathrooms in this condo at 40 N Interstate 35 Highway 5A1.

What schools are nearby to 40 N Interstate 35 Highway 5A1?

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 Highway 5A1.

What are the annual taxes for 40 N Interstate 35 Highway 5A1?

Annual taxes for this condo are estimated at $14,136.

How does 40 N Interstate 35 Highway 5A1 compare to other condos in Downtown Austin?

This condo is listed 7% below the average price for condos in Downtown Austin and has been on the market for 116 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 Condominium Association, Inc. home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 1,743 sqft.

40 N Interstate 35 Highway 5A1 is a 2-bedroom, 3-bath condo for sale in Austin TX 78701. Listed on Prevu for 15 days at $885,000. This property features 1,743 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, 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.