40 N Interstate 35 PB1, Austin, TX 78701

$1,250,000 Asking Price

2 beds
3 baths
2,651  sqft
Built in 1983

Rare opportunity to own a top floor penthouse at one of the city's most desirable complexes! Seller Financing Available! This unit was built for the designer of the entire complex to his specifications and has only sold one time since. With a huge living area open to the dining area and kitchen, the open concept of this unit is incredibly hard to find among Downtown condos. The living area has a balcony overlooking the city with views of Rainey St and Town Lake. Walk to town lake and Rainey street in minutes from this incredibly convenient location. Both bedrooms in this unit have large full baths attached to them and the Foyer in between them has a tastefully decorated half bath and double doors to each of the suites. In the primary suite you will find another balcony with a clear and peaceful view of Town Lake. There is also a bathtub in the room with a large window to appreciate the natural light that the top floor provides. Large walk in closets, counters and bathrooms in this unit create an incredible ambience of spaciousness. The Towers of Town Lake has been one of the city's premier complexes for a long time, with its gated 24-hour access, easy access from I-35 and close proximity to Rainey St. District and Town Lake. The community features a well equipped fitness center, racquetball court, indoor pool, outdoor pool, concierge service, business center, and much more. All of the high grade furniture can convey with a full priced offer, making your move as easy as possible. There are not many opportunities to secure a top floor penthouse, do not miss out on yours!

Features & Amenities

Interior

General:
Two Primary Suties, Bar, Bidet, Built-in Features, Ceiling Fan(s), High Ceilings, French Doors, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup
Appliances:
Bar Fridge, Dishwasher, Disposal, Dryer, Washer, Washer/Dryer
Laundry:
In Unit,Laundry Room
Flooring:
Carpet, Tile, Wood
A/C:
Central Air
Heating:
Central
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, None

Exterior

General:
Balcony
Other Structures:
None
Pool:
None
Parking:
Common, Community Structure, Concrete, Garage, Gated, Parking spaces: 2

Construction

Roofing:
Concrete
Windows:
Blinds, Double Pane Windows
General:
One, Slab

Location

HOA Amenities:
Common Area Maintenance, 1768.22, Annually
Originating MLS:
actris
School District:
Austin ISD
County:
Travis

Lot

Zoning:
UNT PB1 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .901% INT IN COMMON AREA, 02010402160173
View:
City, City Lights, Downtown, Lake, River, Skyline
Fencing:
Full, Gate, Security

Utilities

Utilities:
Electricity Connected, Sewer Connected, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
actris

This listing courtesy of:
Teifke Real Estate, Derek Smith

About Austin, TX

Housing

Number of Units
523,644
Median Home Value
$435,027
Median Rent
$1,253

52.82% of housing units are renter occupied.

7.09% are vacant.

Commute

Car
53.46%
Public Transportation
1.78%
Walk to Work
1.73%
Work from Home
41.61%
Other
0.53%

The median travel time to work is 16 minutes.

People

Population
1,163,161
Median Age
35.90
Median Household Size
2.60

Education

High School
14.31%
Associate’s Degree
5.38%
Bachelor’s Degree
34.89%
Graduate Degree
21.08%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: