40 N Interstate Highway 35, Unit 5B3

1,288 Sq. Ft.
$324 / Sq. Ft.
1,288
Sq. Ft.
$324
per Sq. Ft.

Description

Live in the Heart of Downtown Austin at the Coveted Towers of Town Lake.
Enjoy stunning views of Lady Bird Lake and the iconic Congress Bridge bats from your private balcony in this chic and stylish 2BD/2BA condo. With 1,288 sq ft of luminous living space, this residence blends modern updates with breathtaking scenery.
The bright open floor plan connects the kitchen, dining, and living areas while still offering subtle separation between spaces. Soaring ceilings, recessed LED lighting, and a wall
...Live in the Heart of Downtown Austin at the Coveted Towers of Town Lake.

Enjoy stunning views of Lady Bird Lake and the iconic Congress Bridge bats from your private balcony in this chic and stylish 2BD/2BA condo. With 1,288 sq ft of luminous living space, this residence blends modern updates with breathtaking scenery.

The bright open floor plan connects the kitchen, dining, and living areas while still offering subtle separation between spaces. Soaring ceilings, recessed LED lighting, and a wall of windows and glass doors flood the home with natural light and seamlessly extend the living space outdoors.

The contemporary kitchen features custom cabinetry with generous storage—including built-in pantry cabinets and additional shelving in the laundry room. Granite countertops, stainless steel appliances, and bar seating at the peninsula make this kitchen both functional and inviting. A dedicated dining area is perfect for hosting dinner parties before a night out on Rainey Street.

The spacious primary suite offers a private ensuite bath with raised bowl sinks, granite counters, custom cabinetry, and a large walk-in closet. A separate water closet includes a walk-in shower and private toilet. The second bedroom and full bath are ideal for guests or a home office.

Towers of Town Lake offers unmatched amenities: indoor and outdoor pools, a spa, fitness center, racquetball court, library, game room, and elegant gathering spaces. Residents enjoy the support of a top-tier staff known for exceptional service. You also have two, 1st level adjacent parking spaces!

Located directly along Lady Bird Lake, you’ll have hike & bike trail access at your doorstep and easy walkability to restaurants & entertainment. With Downtown and East Austin just steps away and quick access to I-35, everything you need is right at your fingertips.

Don’t miss this rare opportunity to own a private oasis in one of Austin’s premier condo towers—schedule your showing today!

Listing Agent

  1. Brandon Faught

    Brandon Faught

    Listing Agent

    Compass

    TREC #0583493

Property Details for 40 North Interstate Highway 35, Unit 5B3

Subdivision Name
Towers Town Lake Condo Amd
Waterfront
No
Waterfront Description
See Remarks
Water Access Description
Public
View
City, Lake, Panoramic
View YN
Yes
Parcel Number
02010402160065
Tax Lot
5B3
LISTING UPDATED: 07/21/2025 11:42 AM

Property Details for 40 North Interstate Highway 35, Unit 5B3

StatusClosed
MLS #2130179
Days on Market77
Taxes$11,362 / year
HOA Fees$949 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1983
CountyTravis County
Buyer's Agent Compensation3%
Add your commute

Building Information for 40 North Interstate Highway 35, Unit 5B3

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

Payment Calculator

$3,928 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,032

Property Taxes

$947

HOA Dues

$949

The Payment Calculator is for illustrative purposes only.

Property Information for 40 North Interstate Highway 35, Unit 5B3

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Assigned, Covered
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Breakfast Bar, Built-in Features, Double Vanity, Granite Counters, High Ceilings, High Speed Internet, Main Level Master, No Interior Steps, Open Floorplan, Recessed Lighting, Storage
  • Flooring: Carpet, Vinyl
Exterior
  • Exterior Features: Balcony, Lighting
  • New Construction: No
  • Construction Materials: Masonry
  • Foundation Details: Slab
  • Patio And Porch Features: Terrace, Balcony
  • Water Body Name: Lake Austin
  • Roof: Flat Tile
  • Fencing: None
  • Direction Faces: South
  • Window Features: Blinds
  • Accessibility Features: None
  • Community Features: Barbecue, Business Center, Common Grounds/Area, Community Mailbox, Conference/Meeting Room, Fitness Center, Game Room, Library, Pool, Sidewalks, Trails Paths
Property Information
Lot Information
  • FEMA Flood Plain: Yes-500 yr
  • Lot Features: City Lot, Landscaped, Sprinklers Automatic, Sprinklers In Ground, Trees Medium Size, Trees Small Size, Views
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Fiber Optic Available, High Speed Internet Available, Sewer Available, Water Available
Room Information
Room 1
  • Room Type: Bathroom
  • Room Level: Main
  • Room Features: EnSuiteBathroom, GraniteCounters, SeeRemarks
  • Room Description: Full secondary/guest bathroom; Beautiful contemporary cabinetry and a raised bowl sink; Shower/tub combo with tile backsplash
Room 2
  • Room Type: Bedroom
  • Room Level: Main
  • Room Features: CeilingFans, SeeRemarks
  • Room Description: Secondary/guest room with cozy carpeting and closet storage
Room 3
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: DoubleVanity, EnSuiteBathroom, GraniteCounters, HighCeilings, RecessedLighting, SeeRemarks, WalkInClosets, WalkInShower
  • Room Description: Primary ensuite bath; Spacious vanity area with dual raised bowl sinks and gorgeous contemporary cabinetry; Extensive built-in storage along the back wall plus a walk-in closet; Private water closet with the walk in shower and toilet
Room 4
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: CeilingFans, HighCeilings, SeeRemarks
  • Room Description: Spacious primary suite with gorgeous treetop views and cozy carpeting
Room 5
  • Room Type: Laundry
  • Room Level: Main
  • Room Features: HighCeilings, SeeRemarks, Storage
  • Room Description: In unit laundry room off the kitchen with shelving for additional pantry storage and cleaning supplies; Washer & dryer included
Room 6
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: BreakfastBar, GraniteCounters, HighCeilings, KitchenFamilyRoomCombo, RecessedLighting, SeeRemarks
  • Room Description: Gorgeous contemporary cabinetry with ample storage including pull out drawers and built-in pantry space; Under cabinet lighting; Stainless steel appliances (all included); Tile backsplash; Peninsula with bar seating overlooking the dining area and living room
Room 7
  • Room Type: DiningRoom
  • Room Level: Main
  • Room Features: Chandelier, DiningArea, HighCeilings, RecessedLighting
  • Room Description: Spacious dining area in front of the kitchen, open to the living room.
Room 8
  • Room Type: LivingRoom
  • Room Level: Main
  • Room Features: HighCeilings, RecessedLighting, SeeRemarks
  • Room Description: Bright and spacious open floor plan; Wall of glass panels and doors that open onto the terrace
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Unit 4
  • Permission: IDX
Unit 5
  • Permission: IDX
Unit 6
  • Permission: IDX
Unit 7
  • Permission: IDX
Unit 8
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Towers of Town Lake
  • Association Fee Includes: CommonAreaMaintenance, HotWater, Sewer, SeeRemarks, Security, Trash
  • Tax Assessed Value: $573,316
  • Additional Parcels: No
  • Tax Year: 2024
  • Tax Rate: 1.98%
Showing Information
Showing Information
  • Security Features: Fire Sprinkler System, Smoke Detector(s), Controlled Access
  • Directions: From southbound I-35, take exit 233 toward Riverside Dr. Merge onto S I-35 Frontage Rd. Turn right onto San Marcos St. Turn right. Turn left into the guest parking area at Towers of Town Lake. Guest parking in front of main entrance. Push button at gate to talk to doorman for access.

Property History for 40 North Interstate Highway 35, Unit 5B3

DateEvent & SourcePriceAppreciationLink
Jul 18, 2025

Sold

ACTRIS #2130179

Jul 3, 2025

Active Under Contract

ACTRIS #2130179

Jul 3, 2025

Pending

ACTRIS #2130179

Apr 17, 2025

Listed (Active)

ACTRIS #2130179

$417,000
Apr 29, 2011

Sold

ACTRIS #6513878

Mar 20, 2011

Pending

ACTRIS #6513878

$284,900
Jan 5, 2011

Listed (Active)

ACTRIS #6513878

$299,950
DateEvent & SourcePrice
07/18/2025

Sold

ACTRIS #2130179

07/03/2025

Active Under Contract

ACTRIS #2130179

07/03/2025

Pending

ACTRIS #2130179

04/17/2025

Listed (Active)

ACTRIS #2130179

$417,000
04/29/2011

Sold

ACTRIS #6513878

03/20/2011

Pending

ACTRIS #6513878

$284,900
01/05/2011

Listed (Active)

ACTRIS #6513878

$299,950

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 5B3

Taxable ValueLand$120,306Additions$278,559Total$398,865
Tax Record2020$8,881 ($740 / month)
Home Facts
Total Finished SqFt1,288 SqFtAbove Grade Finished SqFt1,288 SqFtStories1Lot Size1,011 SqFtStyleMulti-Family Res (5+ Units)Year Built1983CountyTRAVISAPN02010402160065

Schools near 40 North Interstate Highway 35, Unit 5B3

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.

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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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© 2026 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”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.