40 N Interstate 35 Highway, Austin TX 78701
Austin, TX 78701 · Towers Town Lake Condo Amd
Condominium for sale in Towers Town Lake Condo Amd
Overview
Property Description
OVERSIZED LAYOUT + A CUSTOM FLOOR PLAN /// Residence 5A1 at Towers of Town Lake offers 1,743 SF per tax record, two bedrooms, a separate office and 2.5 baths for $885,000. Set on the fifth floor of the coveted A tower, this corner residence combines generous living and dining areas with a sunny breakfast nook and a dedicated workspace. /// WINDOWS WRAP THE CORNER /// Floor-to-ceiling glass frames views of Lady Bird Lake and the neighboring park, with city views adding to the corner setting. A long glass-rail balcony offers a place for morning coffee or an evening overlooking the lake and park. /// TWO BEDROOMS + A SEPARATE OFFICE /// Bedrooms on opposite sides offer privacy. Glass French doors open to a library-study with floor-to-ceiling bookshelves, leaving both bedrooms available for residents and guests. Walk-in closets, two full baths, a separate powder room and a dedicated laundry room support everyday living. /// KITCHEN + GATHERING SPACES /// The white kitchen features granite counters and backsplash, a peninsula cooktop and stainless appliances. Connected living and dining areas accommodate gatherings, while the window-lined breakfast nook offers another place to enjoy the view. Polished tile and plantation shutters complete the interiors. /// ESTABLISHED COMMUNITY + EXTENSIVE AMENITIES /// Towers of Town Lake pairs an established lakefront setting with an exterior renovated in recent years. Gated grounds offer indoor and outdoor pools, spa, sauna, fitness center, sport court, billiards, library and concierge service. Two assigned garage parking spaces add everyday convenience. /// PARKSIDE SETTING + DOWNTOWN CONNECTIONS /// Enjoy the neighboring park and Ann and Roy Butler Hike-and-Bike Trail, with East Avenue access connecting the community to coffee, dining and the Rainey Street neighborhood.
Financial Info
- Price
- $885,000
- $ / Sqft
- $508
- HOA
- Yes - Mandatory / $1,368 / Monthly
- HOA Name
- Towers of Town Lake Condominium Association, Inc.
- HOA Includes
- Common Area Maintenance
- Tax Rate
- 2.046485%
- Est. Taxes
- $14,136.34
- Tax Year
- 2026
- Exemptions
- Homestead, Over 65
Legal Info
- Address
- 40 N Interstate 35 Highway
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78701
- Subdivision
- Towers Town Lake Condo Amd
- Legal Description
- UNT 5A1 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .593% INT IN COMMON AREA
- Parcel
- 02010402160059
Interior Features
- Floor
- Tile
- Num Living
- 1
- Dining
- 1
- Kitchen
- Breakfast Bar, Granite Counters, Eat-in Kitchen, Pantry
- Appliances
- Built-In Oven(s), Dishwasher, Electric Cooktop, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Laundry
- Laundry Room
- Master Bed
- Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Interior Features
- Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Granite Counters, Double Vanity, Eat-in Kitchen, French Doors, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Study/Home Office, Walk-In Closet(s), Building Security, Plantation Shutters
General Info
- Beds
- 2 Total / 2 Main Level
- Full / Half Baths
- 2 / 1
- Prop Type
- Residential
- Property Type
- Condominium
- Stories
- 1
- Year Built
- 1983 / Resale
- Square Feet
- 1,743 / Public Records
- Garages
- 2
- Garage Desc
- Assigned, Garage
- Foundation
- Slab
- Roof
- See Remarks
- Construction
- See Remarks
- Acres
- 0.03
- Lot Description
- Landscaped, Views
- Restrictions
- Deed Restrictions
- Flood Plain
- See Remarks
- View
- Downtown, Lake, Park/Greenbelt, Skyline, Trees/Woods
- Water Access
- Yes
- Waterfront
- Yes
- Area
- DT
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Available
- Heat
- See Remarks
- A C
- Central Air
Exterior Features
- Fence
- None
- Exterior Features
- Balcony, Covered
- Pool On Property
- No
- Area Amenities
- Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Fitness Center, Game Room, Gated, Library, Lounge, Pool, Sauna, Spa/Hot Tub, Sport Court(s)/Facility
Price history
No price or status changes recorded yet.
Taxes
No safe current-year residential account match is available.
Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.
Source: Travis County
- Owner
- CAHILL FRANCIS X TRUST
- Legal
- UNT 5A1 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .593% INT IN COMMON AREA
- Geo ID
- prop:188089
- Acreage
- 0.03
- Exemption Type
- Homestead, Over 65
- MLS estimated annual taxes
- $14,136.34
- MLS tax year
- 2026
Older years use the legacy CAD source and may differ from final bills. Annual estimates appear only when supplied by that source; rates and taxes paid are not included in these appraisal records.
| Year | Land | Improvements | Market | Assessed | Annual Tax Estimate |
|---|---|---|---|---|---|
| 2025 | $161,320 | $759,706 | $921,026 | $921,026 | — |
Source: Travis County
Schools
School Info
- District
- Austin ISD
- Elementary
- Mathews
- Middle
- O Henry
- High
- Austin
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$6,391 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $6,391
- Principal & interest
- $4,475
- Property taxes
- $1,178
- Homeowners insurance
- $738
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $708,000 | $7,913 | $45,787 | $700,087 | |
| 2 | $700,087 | $8,443 | $45,257 | $691,643 | |
| 3 | $691,643 | $9,009 | $44,692 | $682,634 | |
| 4 | $682,634 | $9,612 | $44,088 | $673,022 | |
| 5 | $673,022 | $10,256 | $43,444 | $662,766 | |
| 6 | $662,766 | $10,943 | $42,758 | $651,823 | |
| 7 | $651,823 | $11,676 | $42,025 | $640,147 | |
| 8 | $640,147 | $12,458 | $41,243 | $627,689 | |
| 9 | $627,689 | $13,292 | $40,408 | $614,397 | |
| 10 | $614,397 | $14,182 | $39,518 | $600,215 |
- Year 1$700,087
- Principal paid
- $7,913
- Interest paid
- $45,787
- Starting balance
- $708,000
- Year 2$691,643
- Principal paid
- $8,443
- Interest paid
- $45,257
- Starting balance
- $700,087
- Year 3$682,634
- Principal paid
- $9,009
- Interest paid
- $44,692
- Starting balance
- $691,643
- Year 4$673,022
- Principal paid
- $9,612
- Interest paid
- $44,088
- Starting balance
- $682,634
- Year 5$662,766
- Principal paid
- $10,256
- Interest paid
- $43,444
- Starting balance
- $673,022
- Year 6$651,823
- Principal paid
- $10,943
- Interest paid
- $42,758
- Starting balance
- $662,766
- Year 7$640,147
- Principal paid
- $11,676
- Interest paid
- $42,025
- Starting balance
- $651,823
- Year 8$627,689
- Principal paid
- $12,458
- Interest paid
- $41,243
- Starting balance
- $640,147
- Year 9$614,397
- Principal paid
- $13,292
- Interest paid
- $40,408
- Starting balance
- $627,689
- Year 10$600,215
- Principal paid
- $14,182
- Interest paid
- $39,518
- Starting balance
- $614,397
Nearby
Courtesy of DEN Property Group · (512) 222-3364
Listings courtesy of ACTRIS as distributed by MLS GRID.