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$1,118,000

NAL Estimated Property Value

40 N Interstate 35 PC1, Austin, TX, 78701

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,651 Sq Ft
price_per_sqft$345.15 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
AppliancesOven, Electric Cooktop, Dishwasher, Disposal, Microwave, Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Basketball Court
Lot Size2,073 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN02010402160176
Lot Number2B4
SubdivisionTowers Of Town Lake Condominiums Amended
Land UseHigh-Rise Condo/Apartment
Legal DescriptionUNT PC1 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .901% INT IN COMMON AREA
Census Tract001103
Assessed Land Value$246,081
Assessed Improvement Value$820,303
Assessment Year2025

About this property

PENTHOUSE with views to die for of Lady Bird Lake and Downtown! One block to fun-filled Rainey St.! Resort style living on gated & fenced 5+ac. Three bedrooms, three full baths, two balconies-one facing Downtown and second facing Lady Bird Lake, center island kitchen w/breakfast area, incredible storage. Amenities include indoor heated pool w/hot tub, outdoor pool, Fitness center w/saunas, racquetball/basketball court, weight room, conference room, library, 24 hr. concierge and on-site security.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,118,000
Estimated Property Value
$590,123Estimated Mortgage Balance
$527,877Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,708 /month
Positive
Cash Flow Estimate:
$2,236 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,126/month
$1,133/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,925
$1,066,384
2025
$246,081
$820,303
$1,066,384
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,925
$1,066,384

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Conventional
$655,000
No
First
Mar 8, 2021
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$590,123
$527,877
47%
53%
$3,928/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$5,061/mo
$-1,931/mo
3.4%

City: Austin

40 N Interstate 35 PC1 | Property Details | No Agent List