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$524,275

NAL Estimated Property Value

40 N Interstate 35 2B2, Austin, TX, 78701

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,459 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.37 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size1,150 sqft

Building Information

Year Built1983
Stories1

Land Information

APN02010402160017
Lot Number7B4
SubdivisionTowers Of Town Lake Condominiums Amended
Land UseHigh-Rise Condo/Apartment
Legal DescriptionUNT 2B2 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .496% INT IN COMMON AREA
Census Tract001103
Assessed Land Value$136,711
Assessed Improvement Value$387,564
Assessment Year2025

About this property

PLEASE NOTE: FANTASTIC OPPORTUNITY! Downtown condo with open floor plan in quiet gated community! Two covered parking spaces, Town Lake walking trails nearby, washer/dryer/refrigerator included. Close to everything in Central Austin & quick highway access. Along with fantastic amenities, library, conference rm, concierge, workout facility, pool, 24/7 onsite security, large kitchen, lots of natural light. Be near everything AUSTIN now!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,027/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,699
$524,275
2025
$136,711
$387,564
$524,275
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,699
$524,275

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$335,625
No
First
Sep 13, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,488
$217,787
41%
58%
$2,013/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,013/mo
+$427/mo
5.6%

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.

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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 2B2 | Property Details | No Agent List