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40 N Interstate Hwy 35 Unit 5B3

Austin, TX 78701

2 beds
2 baths
1,288 sqft
1,010 sqft lot
$323 per sqft
1983 build
– on site

Live in the Heart of Downtown Austin at the Coveted Towers of Town Lake. Enjoy stunning views of Lady Bird Lake and the iconic Congress Bridge bats from your private balcony in this chic and stylish 2BD/2BA condo. With 1,288 sq ft of luminous living space, this residence blends modern updates with breathtaking scenery. The bright open floor plan connects the kitchen, dining, and living areas while still offering subtle separation between spaces. Soaring ceilings, recessed LED lighting, and a wall of windows and glass doors flood the home with natural light and seamlessly extend the living space outdoors. The contemporary kitchen features custom cabinetry with generous storage—including built-in pantry cabinets and additional shelving in the laundry room. Granite countertops, stainless steel appliances, and bar seating at the peninsula make this kitchen both functional and inviting. A dedicated dining area is perfect for hosting dinner parties before a night out on Rainey Street. The spacious primary suite offers a private ensuite bath with raised bowl sinks, granite counters, custom cabinetry, and a large walk-in closet. A separate water closet includes a walk-in shower and private toilet. The second bedroom and full bath are ideal for guests or a home office. Towers of Town Lake offers unmatched amenities: indoor and outdoor pools, a spa, fitness center, racquetball court, library, game room, and elegant gathering spaces. Residents enjoy the support of a top-tier staff known for exceptional service. You also have two, 1st level adjacent parking spaces! Located directly along Lady Bird Lake, you’ll have hike & bike trail access at your doorstep and easy walkability to restaurants & entertainment. With Downtown and East Austin just steps away and quick access to I-35, everything you need is right at your fingertips. Don’t miss this rare opportunity to own a private oasis in one of Austin’s premier condo towers—schedule your showing today!

Listing courtesy of ABOR / John Brandon Faught / Compass RE Texas, LLC

Last checked: Checking… • Last updated Apr 18, 2025 •

MLS# 2130179 —

The Building

Year Built:

1983
Unit Number:

5 B3
Unit Style:

High Rise (8-13 Stories)
New Construction:

false
Roof:

Flat Tile
Foundation:

Slab
Exterior Features:

Balcony
Accessibility Features:

None
Patio And Porch Features:

Terrace
Window Features:

Blinds
Levels:

One
Direction Faces:

South

Interior

Interior Features:

Breakfast Bar
Living:

1
Dining:

1
Flooring:

Carpet
Laundry Location:

In Unit

Room Dimensions

Living Area:

1288
Living Area Source:

Public Records

Financial & Terms

Possession:

Close Of Escrow
Restrictions:

Deed Restrictions

Location

Latitude:

30.255082
Longitude:

-97.737992
Directions:

From southbound I-35, take exit 233 toward Riverside Dr. Merge onto S I-35 Frontage Rd. Turn right onto San Marcos St. Turn right. Turn left into the guest parking area at Towers of Town Lake. Guest parking in front of main entrance. Push button at gate to talk to doorman for access.

The Property

Property Type:

Residential
Subtype:

Condominium
Parcel Number:

02010402160065
Property Condition:

Resale
Property Attached:

true
Other Structures:

None
Lot Features:

City Lot
Lot Size Acres:

0.0232
Lot Size Area:

0 Sqft
Lot Size SqFt:

1,010 Sqft
SqFt Total:

1,288 Sqft
View:

Downtown
Waterfront:

false
Waterfront Features:

See Remarks
Water Body Name:

Lake Austin
Horse:

false
Additional Parcels:

false
Fencing:

None
FEMA Flood Plain:

Yes-500 yr

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$11,362.06

Beds

Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Vacant
Virtual Tour

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Mathews
Elementary School District:

Austin ISD
Middle School:

O Henry
Middle School District:

Austin ISD
High School:

Austin
High School District:

Austin ISD

The Community

Subdivision Name:

Towers Town Lake Condo Amd
Association Name:

Towers Of Town Lake
Association Fee:

$949.26
Association Fee Includes:

See Remarks
Association Fee Frequency:

Monthly
Community Features:

BBQ Pit/Grill
Pool Private:

false
Pool Features:

None

Parking

Parking Features:

Assigned
Garage:

false
Attached Garage:

false
Garage Spaces:

2
Covered Spaces:

2

Monthly cost estimate

Asking price

$417,000

Expense	Monthly cost
Mortgage	$2,232
Taxes	$946
Insurance	$114
HOA fees	$949
Utilities	$141 See report
Total	$4,382/mo.^*
	^*This is an estimate

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Provided by WalkScore® Inc.

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Transit Score®

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Provided by ClearlyEnergy

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This condo located in Central Austin, Austin, TX 78701 is currently for sale for $417,000. 40 N Interstate Hwy 35 Unit 5B3 is a 1,288 square foot condo with 2 beds and 2 baths that has been on Estately for 3 days. 40 N Interstate Hwy 35 Unit 5B3 is in the Central Austin neighborhood of Austin and has a WalkScore® of 79, making it very walkable. This condo is in the attendance area of Mathews Elementary School and Austin High School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.