Welcome to this bright, beautiful 2-bedroom, 2-bath condo in downtown Austin! Perched on the 5th floor, this unit offers stunning nighttime city views through floor-to-ceiling windows and a spacious private balcony. Inside, enjoy an expansive living area with wood floors, a roomy kitchen with stylish expresso cabinets and granite countertops. The primary suite includes a walk-in closet and an en-suite bathroom with a double vanity and walk-in shower. A full-size in-unit washer and dryer complete the package. Located in a full-amenity building with 24-hour concierge and security, indoor-heated pool, outdoor pool, sauna, hot tub, racquetball/basketball court, fitness center, game room w/billiards, 2 dedicated garage parking spots and guest parking. Just steps from the Roy and Ann Butler Hike and Bike Trail, Ladybird Lake, and World-Famous Rainey Street. Don’t miss your chance to live in one of the city’s most vibrant neighborhoods—schedule a showing today!
Listed by Carla Williams
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License #834934
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Amazing Realty LLC
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(512) 710-4000
Listed by Amanda Garcia
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License #687423
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Amazing Realty LLC
Last updated December 04, 2025
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Source: ACTRIS #4862996
Listing Facts
TypeCondo
NeighborhoodDowntown Austin
Bedrooms2
Bathrooms2
Days on Prevu166
HOA/Maint. Fees$1,075.28/month
Taxes$10,390.16/year
Size1,459 sqft
Price per sqft$326
Amenities
Dishwasher
Private Outdoor Space
Air Conditioning
Parking
Swimming Pool
Fitness Center
Location
Mortgage Calculator
Listing History
12/04/2025
Price Decreased
$475,000
09/23/2025
Price Decreased
$495,000
08/14/2025
Price Decreased
$510,000
06/27/2025
Listed by Amazing Realty LLC
$525,000
Property Details for 40 N Interstate 35 Highway 5B2
Association
Amenities
Community Features: Common Grounds, Concierge, Controlled Access, Covered Parking, Fitness Center, Game Room, Google Fiber, Kitchen Facilities, Library, Pool, Property Manager On-Site, Racquetball, Sauna, Spa/Hot Tub, Sport Court(s)/Facility
Fees
Association Fee: $1,075.28 Monthly
Association Fee Includes: Common Area Maintenance, Sewer, Trash, Water
General
Association Name: Towers Of Town Lake
Exterior
Construction
Property Condition: Resale
Roof: Concrete
Window Features: Blinds
Year Built: 1983
Construction Materials: Masonry – All Sides
Exterior Features: Balcony
Features
Direction Faces: North
Other Structures: Residence
Pool Features: Heated, Indoor, Outdoor Pool, Pool/Spa Combo
Pool Private: Yes
View: City
Measurements
Lot Features: Back To Park/Greenbelt, Private, Views
Interior Features: Breakfast Bar, Ceiling Fan(s), Granite Counters, Electric Dryer Hookup, High Speed Internet, Primary Bedroom On Main, Recessed Lighting, Walk-In Closet(s), Washer Hookup
Spa Features: Hot Tub, In Ground
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: 5B2
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: Central
Laundry Features: Electric Dryer Hookup, Washer Hookup
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 2 bathrooms in this condo at 40 N Interstate 35 Highway 5B2.
What schools are nearby to 40 N Interstate 35 Highway 5B2?
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 5B2.
What are the annual taxes for 40 N Interstate 35 Highway 5B2?
Annual taxes for this condo are estimated at $10,390.
How does 40 N Interstate 35 Highway 5B2 compare to other condos in Downtown Austin?
This condo is listed 61% below the average price for condos in Downtown Austin and has been on the market for 80 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 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 Highway 5B2 is a 2-bedroom, 2-bath condo for sale in Austin TX 78701. On Prevu for 166 days at $475,000. This includes a recent price decrease of $20,000. 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, and swimming pool. 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.