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Owner Contacts

$538,781

NAL Estimated Property Value

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

Off Market

Lease

2 Beds

2 Bath

1,459 Sq Ft

Condos / Townhouses

$2.26 / sqft

Built in 1983

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

AppliancesDisposal, Electric Range, Microwave, Free-Standing Range, Refrigerator, Washer/Dryer Stacked

FlooringCarpet, Tile

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size1,150 sqft

Building Information

Year Built1983

Stories1

Garage Spaces2

Land Information

APN0201040216 20

Lot Number2B4

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$402,070

Assessment Year2024

About this property

FURNISHED! Peaceful, luxury, updated residence, overlooking the grounds 5 acres and 1 block to the 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 condo is furnished with nice furniture, dishes, books, decor. Only one bedroom is unfurnished. Bring your clothes and 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. There are only 4 condo units on this floor so it is very quiet!

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$224/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$538,781

2024

$136,711

$402,070

$538,781

Tax History

Year

Tax Paid

Assessed Value

2023

N/A

$538,781

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$538,781

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,440/mo

N/A

+$2,440/mo

5.4%

Learn About the Market: Opportunity in Austin

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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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