40 N Interstate 35 #11B2, Austin TX 78701
MLS #244373879 · eXp Realty, LLC · Brad Lewis Lewis
About this home
*** Agent is also owner ** Welcome to the Towers of Town Lake, where resort-style amenities, expansive green space, and one of downtown Austin's most desirable locations come together to create an exceptional lifestyle. This upper-floor residence offers 1,459 square feet with two bedrooms, two full bathrooms, and a thoughtfully designed split-bedroom floor plan that provides excellent separation of space. Floor-to-ceiling windows in the living room fill the home with natural light while showcasing beautiful downtown skyline views. Situated behind a gated entrance on nearly seven acres of landscaped grounds, the Towers of Town Lake offers a rare sense of privacy and open space just minutes from downtown. Enjoy convenient access to the new Rainey Street Trailhead, connecting you to Lady Bird Lake, miles of hike-and-bike trails, parks, restaurants, entertainment, and the best of downtown Austin. Residents enjoy an outstanding collection of amenities, including indoor and outdoor pools, a fitness center, beautifully maintained common areas, 24-hour concierge service, on-site management and maintenance staff, and two deeded parking spaces. The homeowner's association is financially strong, with healthy reserve funding, ongoing capital improvements, and a comprehensive 15-year structural improvement plan that reflects a commitment to the property's long-term stewardship. Offering significantly more living space than many newer downtown condominiums, combined with extensive amenities, generous green space, a gated setting, and an exceptional location, this residence presents a rare opportunity to enjoy downtown Austin living at an outstanding value.
Property details
- Property type
- Residential · Condominium
- Status
- Active
- Year built
- 1983
- Full baths
- 2
- Lot size
- 0.0259
- Subdivision
- Towers Town Lake Condo Amd
- MLS area
- DT
- MLS #
- 244373879
Features
Interior features
- Cedar Closet(s)
- Ceiling Fan(s)
- Chandelier
- Granite Counters
- Tile Counters
- Crown Molding
- Double Vanity
- Electric Dryer Hookup
- Elevator
- High Speed Internet
- Open Floorplan
- Recessed Lighting
- Sauna
- Track Lighting
- Walk-In Closet(s)
- Washer Hookup
- Wired for Sound
Exterior features
- Balcony
- Basketball Court
- Uncovered Courtyard
- Lighting
- Private Entrance
Additional details
- Parking
- Garage
- Garage spaces
- 2
- Roof
- Membrane
- Foundation
- Slab
- HOA
- $1,145 / monthly
- Annual tax
- $11,173
Location
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Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Mathews
- Middle
- O Henry
- High
- Austin
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Getting around
- Downtown Austin
- 0.9 mi
- Austin-Bergstrom Airport
- 5.8 mi
Straight-line distance, not drive time.
Market insights
Compared with 351 active homes in ZIP 78701 · HomeLocating listings
At $585,000, this home is priced 13% below the $675,000 median across 351 active homes in ZIP 78701, including other homes in Towers Town Lake Condo.
Estimated monthly payment
Home price
$585,000
Down payment
20% ($117,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of eXp Realty, LLC · Brad Lewis Lewis
Listing data last updated Oct 2, 2026, 11:46 PM
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