40 North Interstate Highway 35, Unit 5A2

Austin, TX 78701

$449,000
Last List Price
2
Beds
2
Baths
1,234 Sq. Ft.
$364 / Sq. Ft.
1,234
Sq. Ft.
$364
per Sq. Ft.

Description

2/2 vacant and ready for move in or perfect for new owner to put their own taste in some updates. Great downtown location in a well established property with lovely amenities. Towers is currently owner occupy only due to 20% cap on leasing units. Also no pets over 30 pounds. Amenities include a full fitness center with free weights, handball/squash court, billiard room, conference room, library/lounge, piano room and a 24 hour desk attendant. Enjoy the outdoors, with 5.2 acres of grounds and walk...2/2 vacant and ready for move in or perfect for new owner to put their own taste in some updates. Great downtown location in a well established property with lovely amenities. Towers is currently owner occupy only due to 20% cap on leasing units. Also no pets over 30 pounds. Amenities include a full fitness center with free weights, handball/squash court, billiard room, conference room, library/lounge, piano room and a 24 hour desk attendant. Enjoy the outdoors, with 5.2 acres of grounds and walk outside the perimeter to the beautiful 14.5 mile Hike and Bike Trail around Lady Bird Lake. Walk to dinner and drinks on Rainey St or to the many wonderful restaurants downtown.
  1. Listed by Karen Orsak • TREC #0318948 • Metro Realty

Property Details for 40 North Interstate Highway 35, Unit 5A2

Subdivision Name
Towers Town Lake Condo Amd
Waterfront
Yes
Waterfront Description
Lake Front
Water Access Description
Lake Front
View
City
Parcel Number
02010402160060
Tax Lot
5A2
Tax Block
D

Location

Listing Courtesy of Metro Realty, Karen Orsak, TREC #0318948

Sold By One Elite Realty, Alexander Nguyen, TREC #0742808

Add your commute
LISTING UPDATED: 04/27/2021 04:48 AM

Property Details for 40 North Interstate Highway 35, Unit 5A2

StatusClosed
MLS #2564522
Days on Market6
Taxes$8,204 / year
HOA Fees$654 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1983
CountyTravis County

Location

Listing Courtesy of Metro Realty, Karen Orsak, TREC #0318948

Sold By One Elite Realty, Alexander Nguyen, TREC #0742808

Add your commute

Building Information for 40 North Interstate Highway 35, Unit 5A2

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

Payment Calculator

$3,788 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,450

Property Taxes

$684

HOA Dues

$654

The Payment Calculator is for illustrative purposes only.

Property Information for 40 North Interstate Highway 35, Unit 5A2

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: Assigned, Garage, Covered, Guest
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
Exterior
  • Exterior Features: See Remarks
  • New Construction: No
  • Construction Materials: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Water Body Name: Lady Bird Lake
  • Roof: Composition
  • Fencing: Perimeter
  • Direction Faces: North
  • Window Features: Insulated Windows
  • Accessibility Features: None
  • Community Features: Bar/Lounge, Bicycle Storage, Concierge, Common Grounds/Area, Community Mailbox, Conference/Meeting Room, Fitness Center, Game Room, Gated, Lake, Library, Pool, Trails/Paths
Property Information
Lot Information
  • Lot Features: None
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Electric
  • Heating YN: Yes
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet Available
  • Water Source: Public
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: First
  • Room Features: Breakfast Bar
Room 2
  • Room Type: Primary Bathroom
  • Room Level: First
  • Room Features: None
Room 3
  • Room Type: Primary Bedroom
  • Room Level: First
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 HOA
  • Association Fee Includes: Common Areas, Insurance, Sewer, Security, Trash, Water
  • Association Amenities: Concierge
  • Tax Assessed Value: $382,500
  • Additional Parcels: No
  • Tax Year: 2020
  • Tax Rate: 2.14%
Showing Information
Showing Information
  • Security Features: Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, 24 Hour Security
  • Directions: Take IH-35 South, exit Cesar Chavez and stay on the access road. Turn right onto San Marcos St. The Towers of Town Lake entrance is on the right. Gate access via concierge phone. Park in the visitor’s parking lot, but not the 30 min. parking.

Property History for 40 North Interstate Highway 35, Unit 5A2

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 5A2

Taxable ValueLand$114,838Additions$267,662Total$382,500
Tax Record2020$8,018 ($668 / month)
Home Facts
Total Finished SqFt1,234 SqFtAbove Grade Finished SqFt1,234 SqFtStories1Lot Size967 SqFtStyleMulti-Family Res (5+ Units)Year Built1983CountyTRAVISAPN02010402160060

Schools near 40 North Interstate Highway 35, Unit 5A2

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 8 to 12
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Mathews Elementary School
PublicPK to 6

Phoenix Academy
Public8 to 12

Austin High School
Public9 to 12

Metz Elementary School
PublicPK to 5

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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.

Listing Courtesy of Metro Realty, Karen Orsak, TREC #0318948

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© 2024 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”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.