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$2,500,000   Price Analysis
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40 N Interstate 35 Hwy Unit PA1
Austin, TX 78701
4 bed 5 bath 6,260 SqFt ($399/SqFt)
4,879SqFt lot. Built 1983
Listed 2024-04-25, HOA $4175, Taxes $52,035
Ⓧ USDA Ineligible
due to price & location

near Austin

Step into a residence that mirrors the enigmatic allure of a character straight out of a spy novelan embodiment of sophistication with a hint of intrigue.

If James Bond were to call Austin home, this penthouse would undoubtedly be his sanctuary. As you enter through the secure private elevator, you're greeted by expansive pano ramic views that stretch across Lady Bird Lake and the enchanting Austin city skyline. Spanning an impressive 6260 Sq.Ft., this residence boasts multiple living and entertaining areas, each meticulously designed to showcase the breathtaking lake vistas. Indulge in the warmth of the wood-burning fireplace and the rich allure of mahogany floors or retreat to the spa-like sanctuary of the bathroom, complete with a Jacuzzi and steam room. Step out onto the covered balconies and soak in the tranquility of your surroundings, knowing that privacy and security are paramount in this gated community.

Immerse yourself in the advanced lighting and sound systems, creating an ambiance of sophistication and elegance. The contemporary kitchen, complete with prep room and extra refrigerator and freezer space, is a testament to both functionality and style. Recharge your electric vehicle with the convenience of a Tesla Charger and 6 conveniently located parking spaces. Nestled within a gated community on the serene west side of the Towers of Town Lake it's a haven of tranquility amidst th vibrant energy of downtown Austin while still being within arm's reach of the vibrant Historical Rainey District and Lady Bird Lake. Indulge in the array of amenities available at the Towers of Town Lake, including indoor racquetball and basketball courts, cardio and weight rooms, indoor and outdoor pools, sauna, billiards room and a library, all complemented by 24/7 concierge service. With its unbeatable combination of privacy, location, size, finishes and uniqueness, this penthouse represents an extraordinary value in downtown Austin.


Presented by Doug Harrison at
Urbanspace.
Listing Agent Photo

Property MLS #7625486 from UnlockMLS

Bedrooms: 4
Bedrooms On Main Level: 4

Total Bathrooms: 5
Full Bathrooms: 4
1/2 Bathrooms: 1

2 Primary Baths
2 Primary Suites
Bar
Bookcases
Breakfast Bar
Built-in Features
Ceiling Fan(s)
Counter-Granite
Double Vanity
Eat-in Kitchen
Elevator
High Speed Internet
Multiple Dining Areas
Multiple Living Areas
Open Floorplan
Primary Bedroom on Main
Soaking Tub
Storage
Two Primary Closets
Walk-In Closet(s)
Wet Bar
Flooring: Tile, Wood
Window Features: Aluminum Frames, Blinds, Screens, Skylight, Window Treatments

Bar Fridge
Built-In Electric Oven
Built-In Freezer
Built-In Refrigerator
Cooktop
Dishwasher
Disposal
Exhaust Fan
Freezer
Microwave
Washer/Dryer
Wine Refrigerator
Laundry Features: In Unit, Laundry Room

Cooling Features: Central Air
Fireplace Features: Great Room, Wood Burning
Heating Features: Central
Number of Fireplaces: 1

Restricted Access
Other Structures: Cabana
Patio And Porch Features: Awning(s), Covered

Covered Spaces: 6
Garage Spaces: 6
Parking Features: Assigned, Covered, Garage, Gated, Guest, Reserved, Side By Side
Parking Total: 6

Lot Description: Back to Park/Greenbelt, Landscaped, Views
Lot Size Acres: 0.112
Lot Size Square Feet: 4879

View: City Lights, Downtown, Lake, River, Water
Security Features: Building Security, Closed Circuit Camera(s), Fire Alarm

Association: Yes
Association Fee: 4175
Association Fee Frequency: Monthly
Association Fee Includes: Cable TV, Common Area Maintenance, Heat, Hot Water, Internet, Landscaping, Maintenance Grounds, Parking, Security, Trash, Water
Calculated Total Monthly Association Fees: 4175
Association Name: Towers of Town Lake HOA

Elementary School: Mathews
High School: Austin
Middle School: O Henry
School District: Austin ISD

Mathews Elementary School is a public elementary school located approximately 2.1 miles away.
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Austin High School is a public high school located approximately 2.2 miles away.
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Martin Middle School is a public middle school located approximately 0.5 miles away.
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City School is a private elementary and middle school located approximately 1.1 miles away.
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Community Features: BBQ Pit/Grill, Business Center, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Fitness Center, Game Room, Garage Parking, Gated, Library, Maintenance On-Site, Package Service, Pool, Property Manager On-Site, Sauna, Spa/Hot Tub, Walk/Bike/Hike/Jog Trail(s

Annual Tax Amount: 42634.78
Tax Block: D
Source Listing Status: Active
County: Travis
Directions: Southbound I-35, Exit# 234B Cesar Chavez exit Holly, stay on access road through 2 lights, turn right into the complex before the Chevron, call concierge at gated entrance who will grant access.
Tax Year: 2023
Source Property Type: Residential
Area: DT
Property Subtype: condo
Source Neighborhood: Towers Town Lake Condo Amd
Ownership Type: Fee-Simple
Parcel Number: 02010402160172
Subdivision: Towers Town Lake Condo Amd
Flood Plain: No
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$1,949,471 + $579,656
$2,529,127
$52,035
2022$1,425,382 + $579,656
$2,005,038
$55,050
2021$1,494,044 + $579,656
$2,073,700
$44,645
2020$1,494,044 + $579,656
$2,073,700
$44,478
2019$1,586,953 + $483,047
$2,070,000
$45,550
2018$1,467,953 + $483,047
$1,951,000
$47,514
2017$unknown + $unknown
$1,868,469
$45,836
2016$unknown + $unknown
$1,698,608
$42,901
2014$799,999 + $603,809
$1,403,808
$38,036
2014$unknown + $unknown
$1,544,189
$36,748
2013$912,798 + $603,809
$1,516,607
$33,958
2012$unknown + $unknown
$1,213,597
$36,130
2011$unknown + $unknown
$1,299,309
$28,117
2010$unknown + $unknown
$1,308,664
$28,667
2009$unknown + $unknown
$1,179,692
$28,511
2008$unknown + $unknown
$1,061,395
$25,399

Listed 2024-04-25
$2,500,000
UnlockMLS
Listing removed 2020-07-02
$0
UnlockMLS
Price Changed 2019-10-22
$2,900,000
UnlockMLS
Listed 2018-06-01
$3,299,000
UnlockMLS
Listing removed 2016-11-29
$7,900
UnlockMLS
Listed for rent 2016-11-02
$7,900
UnlockMLS
Listing removed 2013-09-10
$2,450,000
UnlockMLS
Price Changed 2013-06-20
$2,450,000
UnlockMLS
Listed 2013-02-28
$2,800,000
UnlockMLS

Total Square Feet Living: 6260
Year Built: 1983
Construction Materials: Concrete, Plaster
Direction Faces: SW
Foundation Details: Slab
Levels: One
Living Area Source: Public Records
Property Age: 41
Roof: Concrete
House Style: High Rise (8-13 Stories)
Year Built Source: Public Records

Sewer: Public Sewer
Internet-Cable
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.