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$870,000

NAL Estimated Property Value

40 N Interstate 35 1A3, Austin, TX, 78701

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,743 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.6 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesOven, Electric Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator, Electric Water Heater
FlooringCarpet, Marble, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size1,359 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN02010402160009
Lot Number1A1
SubdivisionTowers Of Town Lake Condominiums Amended
Land UseHigh-Rise Condo/Apartment
Legal DescriptionUNT 1A3 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .593% INT IN COMMON AREA
Census Tract001103
Assessed Land Value$161,320
Assessed Improvement Value$351,247
Assessment Year2025

About this property

Play, relax, enjoy at this very spacious condo at the luxurious Towers of Town Lake adjacent to the 17-mile hike and bike trail on Town Lake, minutes from downtown, the Capitol, airport, shopping, fine dining, the arts and entertainment center of Austin. Amenities include; Indoor/Outdoor Heated Pool and Spa, Gameroom, Piano Room, Library, Laundry Service, Billiard Room, Lounge, Fitness Center, Dry and Wet Sauna, Handball/Racquet Court, Basketball and more. Two Parking SpacesFEMA - Unknown Sprinkler Sys:Yes

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,345/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,791
$512,567
2025
$161,320
$351,247
$512,567
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,791
$512,567

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Abn Amro Mortgage Group Inc
N/A
$27,500
No
First
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$870,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
N/A
+$3,130/mo
4.3%

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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40 N Interstate 35 1A3 | Property Details | No Agent List