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ActiveMLS #7408657

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
2Bathrooms
1,459Square Ft
0.03Acres
2Garage
1983Year Built
Price Reduced
1 / 39
$499,000$525,000
3D tour

Overview

Property Description

***PRICE IMPROVEMENT! PRICED TO SELL*** Enjoy elevated downtown living at Towers of Town Lake, where Residence No. 8C4 offers a rare lake-facing home on the eighth floor with resort-style amenities and an unbeatable address along the Lady Bird Lake Hike-&-Bike Trail. ***Eighth-Floor Lake Views*** A high floor facing the water means open views of Lady Bird Lake and the greenbelt from the living room, private balcony, and both bedrooms — a million-dollar-plus view at half the cost. ***Larger, Open Floor Plan*** Approximately 1,459 square feet of hardwood-floored living, with a spacious living room open to a separate dining area, all wrapped in floor-to-ceiling glass. ***Full Kitchen with In-Home Laundry*** The kitchen offers wood cabinetry, tile counters, a breakfast bar, and a full appliance suite, plus a dedicated laundry room with full-size washer and dryer — the refrigerator, washer, and dryer all convey. ***True Split Plan*** Two bedrooms on separate sides of the home for privacy — both facing the lake — with two full baths, a walk-in closet, and generous built-in storage throughout. ***Classic Original Finishes — Your Blank Canvas*** Clean and move-in ready, priced on view, value, and location so you can make it your own over time. ***24/7 Concierge & Resort-Style Amenities*** Two pools including an indoor heated pool, plus a spa, sauna, sport court, two workout rooms, a community library, and concierge service in a gated community. ***Prime Location*** Walk to Lady Bird Lake, downtown Austin, and the vibrant Rainey Street District from the calm of a gated address. Come for the view, stay for the lifestyle.

Financial Info
Price
$499,000
$ / Sqft
$342
HOA
None
HOA Name
Towers Town Lake Condo
Tax Rate
2.046485%
Est. Taxes
$8,390.96
Tax Year
2026
Exemptions
See Remarks
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 8C4 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .496% INT IN COMMON AREA
Parcel
02010402160115
Interior Features
Floor
Carpet, Tile, Wood
Num Living
1
Dining
1
Kitchen
Breakfast Bar
Appliances
Built-In Oven(s), Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Free-Standing Range, Refrigerator, Electric Water Heater
Laundry
In Kitchen, Laundry Room, Main Level
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplace Description
None
Interior Features
Breakfast Bar, Elevator, Entrance Foyer, In-Law Floorplan, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s), Fire Alarm, Smoke Detector(s), Window Treatments
General Info
Beds
2 Total / 2 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
1983 / Resale
Square Feet
1,459 / Public Records
Garages
2
Garage Desc
Assigned, Garage
Foundation
See Remarks
Roof
See Remarks
Construction
Masonry – Partial
Acres
0.03
Lot Description
Sprinkler - Automatic, Trees-Heavy
Restrictions
See Remarks
Flood Plain
No
View
Lake, River
Water Access
Yes
Waterfront
Yes
Area
DT
Utility Info
Water
Municipal Utility District (MUD), Public
Sewer
Public Sewer
Utilities
Electricity Available
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
See Remarks, Basketball Court, Exterior Steps, None
Pool On Property
Yes
Area Amenities
Concierge, Controlled Access, Fitness Center, Gated, Kitchen Facilities, Library, Pool, Spa/Hot Tub

Price history

Members only
Days on market
−$26,000 (−5%)
$525,000 → $499,000
3
Price reductions
Active
Since Jun 5, 2026
Price trend
List priceJun 2026 → Aug 2026
Property history4 events
DateEventPriceChange
Aug 20, 2026Price Decrease$499,000−$1,000 (−0.2%)
Jul 10, 2026Price Decrease$500,000−$19,900 (−3.8%)
Jul 8, 2026Price Decrease$519,900−$5,100 (−1%)
Jun 5, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Austin ISD
Elementary
Mathews
Middle
Martin
High
Austin

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $499,000
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

$3,638 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,638

Principal & interest
$2,523
Property taxes
$699
Homeowners insurance
$416

*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$399,200$4,462$25,817$394,738
2$394,738$4,761$25,518$389,977
3$389,977$5,080$25,199$384,898
4$384,898$5,420$24,859$379,478
5$379,478$5,783$24,496$373,695
6$373,695$6,170$24,109$367,525
7$367,525$6,583$23,695$360,942
8$360,942$7,024$23,254$353,917
9$353,917$7,495$22,784$346,423
10$346,423$7,997$22,282$338,426
  • Year 1$394,738
    Principal paid
    $4,462
    Interest paid
    $25,817
    Starting balance
    $399,200
  • Year 2$389,977
    Principal paid
    $4,761
    Interest paid
    $25,518
    Starting balance
    $394,738
  • Year 3$384,898
    Principal paid
    $5,080
    Interest paid
    $25,199
    Starting balance
    $389,977
  • Year 4$379,478
    Principal paid
    $5,420
    Interest paid
    $24,859
    Starting balance
    $384,898
  • Year 5$373,695
    Principal paid
    $5,783
    Interest paid
    $24,496
    Starting balance
    $379,478
  • Year 6$367,525
    Principal paid
    $6,170
    Interest paid
    $24,109
    Starting balance
    $373,695
  • Year 7$360,942
    Principal paid
    $6,583
    Interest paid
    $23,695
    Starting balance
    $367,525
  • Year 8$353,917
    Principal paid
    $7,024
    Interest paid
    $23,254
    Starting balance
    $360,942
  • Year 9$346,423
    Principal paid
    $7,495
    Interest paid
    $22,784
    Starting balance
    $353,917
  • Year 10$338,426
    Principal paid
    $7,997
    Interest paid
    $22,282
    Starting balance
    $346,423
First 10 of 30 years

Nearby

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

Listings courtesy of ACTRIS as distributed by MLS GRID.