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$518,744

NAL Estimated Property Value

40 N Interstate 35 Apt 2d1, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,533 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$368.56 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesOven, Dishwasher, Disposal, Electric Cooktop, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Refrigerator, Washer/Dryer Stacked, Electric Water Heater, Water Purifier Owned
FlooringStone, Wood

Exterior

Private PoolPrivate Pool
Lot Size1,198 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN02010402160024
Lot Number3B2
SubdivisionTowers Of Town Lake Condominiums Amended
Land UseHigh-Rise Condo/Apartment
Legal DescriptionUNT 2D1 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .521% INT IN COMMON AREA
Census Tract001103
Assessed Land Value$142,180
Assessed Improvement Value$376,564
Assessment Year2025

About this property

This is a must-see for anyone looking to own and live in downtown Austin. With unrivaled access to the Lady Bird Lake trails, Rainey Street District and all things Downtown Austin, this luxury condo has a comprehensive set of amenities including 24 hr concierge, racquet ball, library, weight room, indoor heated pool, sauna, spa and an outdoor pool oasis. With its updated decor and ample, open floor plan, unit 2D1 is a great opportunity to own, work and live your best Urban lifestyle.

Investor Tools

Property Icon
$518,744
Estimated Property Value
$430,918Estimated Mortgage Balance
$88,621Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,149/month
$782/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,192
$518,744
2025
$142,180
$376,564
$518,744
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,192
$518,744

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust
Credit Line (Revolving) / Heloc
$467,500
No
First
Feb 22, 2022
Feb 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$430,918
$87,826
16%
83%
$2,803/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$3,585/mo
$-1,145/mo
5.6%

City: Austin

40 N Interstate 35 Apt 2d1 | Property Details | No Agent List