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$562,301

40 N Interstate 35 3D3, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,533 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$319.57 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesWasher, Electric Cooktop

Exterior

Private PoolPrivate Pool
Lot Size1,198 sqft

Building Information

Year Built1983
Stories1

Land Information

APN02010402160041
Lot Number12B2
SubdivisionTowers Of Town Lake Condominiums Amended
Land UseHigh-Rise Condo/Apartment
Legal DescriptionUNT 3D3 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .521% INT IN COMMON AREA
Census Tract001103
Assessed Land Value$142,180
Assessed Improvement Value$420,121
Assessment Year2025

About this property

A spacious 2-bedroom, 2-bath condo located in the heart of downtown Austin. This livable unit offers strong bones, a nfunctional layout, and prime location within a secure, amenity-rich community - Ideal for investors or buyers looking to personalize and add value. Enjoy access to resort-style amenities including a pool, fitness center, 24-hour security, and gated parking. Just minutes from Lady Bird Lake, Rainey Street, and everything downtown Austin has to offer, this unit delivers on location and potential. Whether you're looking for a downtown residence, long-term investment, or renovation opportunity, this is a rare find. Schedule your private showing today!

Investor Tools

Property Icon
$562,301
Estimated Property Value
$0Estimated Mortgage Balance
$263,166Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,374 /month
Positive
Cash Flow Estimate:
$1,125 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,262/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,336
$562,301
2025
$142,180
$420,121
$562,301
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,336
$562,301

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$300,000
No
First
Apr 8, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,135
$263,166
46%
53%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$1,799/mo
+$641/mo
5.2%

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 3D3 | Property Details | No Agent List