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$482,101

NAL Estimated Property Value

40 N Interstate 35 2B4, Austin, TX, 78701

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,459 Sq Ft
price_per_sqft$1.58 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesWasher Dryer Stacked, Electric Range, Free Standing Range, Disposal, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, No Exterior Steps, See Remarks
Lot Size1,150 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN02010402160019
Lot NumberPB2
SubdivisionTowers Of Town Lake Condominiums Amended
Land UseHigh-Rise Condo/Apartment
Legal DescriptionUNT 2B4 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .496% INT IN COMMON AREA
Census Tract001103
Assessed Land Value$136,711
Assessed Improvement Value$345,390
Assessment Year2025

About this property

FURNISHED or not! Peaceful, luxury, updated residence, overlooking lush grounds--reminiscent of a resort. Situated on 5 acres and 1 block to famous entertainment district, Rainey Street, Lady Bird Lake and hike/bike trail. More spacious than most downtown condos. Concierge/security 24/7 Library, Piano Room, Conference Room, Weight Room, Gym, Handball court, indoor heated pool and spa (plenty of seating and pool kitchen), outdoor pool. The 2 bedroom is furnished with nice furniture, dishes, books, decor. One bedroom is unfurnished. Bring your clothes and bed linens. Nothing on the lease market at this furnished/price/condition/update/size combination near compares. Gated, security, bike rack, 2 dedicated parking spaces, one covered, and plenty of guest parking.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,091/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,678
$482,101
2025
$136,711
$345,390
$482,101
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,678
$482,101

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$482,101
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
N/A
+$2,440/mo
6.1%

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 2B4 | Property Details | No Agent List