40 North Interstate Highway 35, Unit PB1

Austin, TX 78701

$1,099,000
Price
2
Beds
2,651 Sq. Ft.
$415 / Sq. Ft.
2,651
Sq. Ft.
$415
per Sq. Ft.

Description

Rare opportunity to own a top floor penthouse at one of the city's most desirable complexes! Seller Financing Available! This unit was built for the designer of the entire complex to his specifications and has only sold one time since. With a huge living area open to the dining area and kitchen, the open concept of this unit is incredibly hard to find among Downtown condos. The living area has a balcony overlooking the city with views of Rainey St and Town Lake. Walk to town lake and Rainey street...Rare opportunity to own a top floor penthouse at one of the city's most desirable complexes! Seller Financing Available! This unit was built for the designer of the entire complex to his specifications and has only sold one time since. With a huge living area open to the dining area and kitchen, the open concept of this unit is incredibly hard to find among Downtown condos. The living area has a balcony overlooking the city with views of Rainey St and Town Lake. Walk to town lake and Rainey street in minutes from this incredibly convenient location. Both bedrooms in this unit have large full baths attached to them and the Foyer in between them has a tastefully decorated half bath and double doors to each of the suites. In the primary suite you will find another balcony with a clear and peaceful view of Town Lake. There is also a bathtub in the room with a large window to appreciate the natural light that the top floor provides. Large walk in closets, counters and bathrooms in this unit create an incredible ambience of spaciousness. The Towers of Town Lake has been one of the city's premier complexes for a long time, with its gated 24-hour access, easy access from I-35 and close proximity to Rainey St. District and Town Lake. The community features a well equipped fitness center, racquetball court, indoor pool, outdoor pool, concierge service, business center, and much more. All of the high grade furniture can convey with a full priced offer, making your move as easy as possible. There are not many opportunities to secure a top floor penthouse, do not miss out on yours!
  1. Listed by Derek Smith • TREC #0714810 • Brokerage DRE #9015261 • Deal Smith Realty LLC
    P: (512)-784-1945 C: (512)-784-1945 derek@dealsmithrealty.com

Property Details for 40 North Interstate Highway 35, Unit PB1

Subdivision Name
Towers Town Lake Condo Amd
Waterfront
No
Waterfront Description
None
Water Access Description
Public
View
City Lights, City, Lake, River
View YN
Yes
Parcel Number
02010402160173
Tax Lot
PB1
LISTING UPDATED: 01/09/2025 04:01 AM

Property Details for 40 North Interstate Highway 35, Unit PB1

StatusActive
MLS #4500041
Days on Market60
Taxes$21,372 / year
HOA Fees$1,768 / year
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1983
CountyTravis County

Building Information for 40 North Interstate Highway 35, Unit PB1

Building/Complex40 N Interstate Highway 35Floor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1983

Property Information for 40 North Interstate Highway 35, Unit PB1

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Common, Concrete, Garage, Gated, Community Structure, Covered, Guest
  • Covered Spaces: 2
Interior
  • Interior Features: Bidet, Built-in Features, Ceiling Fan(s), French Doors Atrium Doors, High Ceilings, Kitchen Island, Main Level Master, Multiple Primary Suites, Open Floorplan, Pantry, Bar, Walk In Closets, High Speed Internet
  • Flooring: Carpet, Tile, Wood
  • Appliances: BarFridge, Dryer, Dishwasher, Disposal, Washer
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: LaundryRoom, InUnit, WasherHookup
  • Restrictions: DeedRestrictions
Exterior
  • Exterior Features: Balcony
  • Construction Materials: Concrete
  • Foundation Details: Slab
  • Patio And Porch Features: None, Balcony
  • Roof: Concrete
  • Fencing: Full, Gate, Security
  • Direction Faces: North
  • Window Features: Blinds, DoublePaneWindows
  • Accessibility Features: None
  • Community Features: Barbecue, Business Center, Concierge, Community Mailbox, Curbs, Fitness Center, Game Room, Gated, Internet Access, Maintenance On-Site, Pool, Sidewalks
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Backs to Greenbelt/Park
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Bookcases, ButlersPantry, BreakfastArea, KitchenIsland, KitchenFamilyRoomCombo, Pantry, QuartzCounters, RecessedLighting, Bar
Room 2
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: DoubleVanity, GraniteCounters, RecessedLighting, WalkInShower
Room 3
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: CeilingFans, DoubleVanity, EnSuiteBathroom, GraniteCounters, RecessedLighting, SoakingTub, SeparateShower, WalkInClosets, WalkInShower
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Towers of Town Lake
  • Association Fee Includes: CommonAreaMaintenance
  • Association Amenities: Concierge
  • Tax Assessed Value: $1,181,271
  • Tax Year: 2023
  • Tax Rate: 2.18%
Showing Information
Showing Information
  • Security Features: Building Security, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Gated With Guard, Secured Garage/Parking, Key Card Entry, Smoke Detector(s), Security Fence, Security Guard, Security Lights, Security Service, Controlled Access
  • Directions: Southbound I-35, exit Holly, turn right into the complex, hit concierge button to open the gate.

Property History for 40 North Interstate Highway 35, Unit PB1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 North Interstate Highway 35, Unit PB1

Taxable ValueLand$246,081Additions$663,019Total$909,100
Tax Record2020$20,243 ($1,687 / month)
Home Facts
Total Finished SqFt2,651 SqFtAbove Grade Finished SqFt2,651 SqFtStories1Lot Size2,073 SqFtStyleMulti-Family Res (5+ Units)Year Built1983CountyTRAVISAPN02010402160173

Schools near 40 North Interstate Highway 35, Unit PB1

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mathews Elementary School
PublicPK to 6

O Henry Middle School
Public6 to 8

Austin High School
Public9 to 12

Phoenix Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

40 North Interstate Highway 35, Unit PB1 is a condo for sale in Austin, TX 78701. This property was listed for sale on January 8, 2025 by Deal Smith Realty LLC, it's currently listed at $1,099,000. This listing's school district is Austin Independent School District. Nearby schools include Mathews Elementary School, O Henry Middle School and Austin High School. 40 North Interstate Highway 35, Unit PB1 is a 2-bed, 2.5-bath, 2,651 sqft condo built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Deal Smith Realty LLC, Derek Smith, TREC #0714810

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.