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40 N Interstate 35 Highway N #1B3, Austin TX 78701
MLS #240730257 · Engel & Volkers Alamo Heights · Chanda Ammann
About this home
Towers of Town Lake delivers resort-caliber amenities rarely matched in urban Austin: indoor and outdoor pools, hot tub and spa, fitness center, racquetball court, resident lounges, game room, snack lounge, and concierge service — all within a gated, professionally managed community. This residence includes two designated parking spaces and a private storage unit directly adjacent to the condo. Rare ground-floor residence spanning 2,452 square feet with four bedrooms plus a dedicated library/study — a scale and flexibility genuinely uncommon in downtown Austin condo living. Living, dining, and work areas connect naturally, creating a residence that feels both expansive and purposefully functional. Ground-floor positioning is a rare distinction here. Direct outdoor access, zero elevator dependency, and seamless connection to beautifully landscaped grounds deliver convenience, privacy, and indoor-outdoor ease that sets this residence meaningfully apart. The location is unmatched. Steps from Lady Bird Lake and the Hike-and-Bike Trail. Minutes from Rainey Street, downtown Austin dining, entertainment, and major employers. Airport easily accessible. Towers of Town Lake are among the rarest offerings in Austin's luxury market.
Property details
- Property type
- Residential · Condominium
- Status
- Active
- Year built
- 1983
- Full baths
- 2
- Lot size
- 0.044
- Subdivision
- Towers Town Lake Condo Amd
- MLS area
- DT
- MLS #
- 240730257
Features
Interior features
- Bookcases
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Double Vanity
- Electric Dryer Hookup
- Entrance Foyer
- No Interior Steps
- Pantry
- Primary Bedroom on Main
- Walk-In Closet(s)
Exterior features
- None
Additional details
- Parking
- Garage
- Garage spaces
- 2
- Roof
- Flat Tile
- Foundation
- Slab
- HOA
- $1,924 / monthly
- Annual tax
- $5,943
Location
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Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Mathews
- Middle
- O Henry
- High
- Austin
Comparable homes near 40 N Interstate 35 Highway N #1B3
Similar homes currently for sale nearby, ranked by distance.
Getting around
- Downtown Austin
- 0.9 mi
- Austin-Bergstrom Airport
- 5.8 mi
Straight-line distance, not drive time.
Market insights
Compared with 353 active homes in ZIP 78701 · HomeLocating listings
At $819,700, this home is priced 21% above the $675,000 median across 353 active homes in ZIP 78701, including other homes in Towers Town Lake Condo.
Estimated monthly payment
Home price
$819,700
Down payment
20% ($163,940)
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 Engel & Volkers Alamo Heights · Chanda Ammann
Listing data last updated Sep 2, 2026, 1:16 PM
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