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ActiveMLS #5612690

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

2Bedrooms
2 full / 1 halfBathrooms
1,743Square Ft
0.03Acres
2Garage
1983Year Built
New
1 / 40
$885,000
3D tour

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

Days on market
$885,000
List price
0
Price reductions
Active
Since Oct 16, 2026
Property history0 events

No price or status changes recorded yet.

Taxes

2026 Estimated Property 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

General Information
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
Exemptions
Exemption Type
Homestead, Over 65
Tax Summary
MLS estimated annual taxes
$14,136.34
MLS tax year
2026
Historical Tax Summary

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.

YearLandImprovementsMarketAssessedAnnual 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

List price $885,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

Nearby

Courtesy of DEN Property Group · (512) 222-3364

Listings courtesy of ACTRIS as distributed by MLS GRID.