40 N Interstate 35 EXPY
Austin, TX, 78701
$389,900
2 Beds
2 Baths
1,459 SqFt
0.03 Acres
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GRAB THIS DEAL ! SELLER HAS DONE HIS PART TO MAKE THIS A STANDOUT DEAL FOR BUYERS ! COME GET IT ! Experience downtown Austin living at its best! This upgraded Towers of Town Lake condo combines low-maintenance living, a prime location in the heart of the action, and an exceptional value from a MOTIVATED SELLER.
Incredible opportunity to live steps from Lady Bird Lake, the Hike & Bike Trail, and Rainey Street—all for a price that’s rarely seen in downtown Austin. Unit #2C2 is one of the best values in the city and the SELLER IS MOTIVATED, making this a must-see for buyers looking to enjoy the downtown lifestyle without the typical downtown price tag.
This spacious 2-bedroom, 2-bath condo has been thoughtfully and extensively updated by the current owner with quality and comfort in mind:
• Raised ceilings and ductwork in the main living areas
• Bamboo flooring throughout, marble in the bathrooms
• Granite countertops and custom cabinetry
• Kitchen wall opened to create a bright, modern flow
• LED cove lighting in living, dining, kitchen, and both bedrooms
• All doors and hardware replaced (interior)
• Shoji privacy screens in the living room
• Murphy bed in the second bedroom adds versatility
• Ceiling fans added to living room and bedrooms
• High-end KitchenAid dishwasher and newer dryer
• Fresh paint and clean, modern finishes throughout
Towers of Town Lake is a rare 6-acre gated community downtown and offers a full suite of amenities:
• 24-hour concierge and security
• Indoor and outdoor pools, gym, racquetball court, sauna, and hot tub
• Billiard room, meeting spaces, and on-site management
• Reserved parking and ample guest parking
• Lush landscaping and outdoor gathering areas
This unit is ideal for professionals, students, or anyone seeking a convenient lock-and-leave lifestyle in a walkable location near downtown, UT, and the Capitol complex.
Move-in ready, fully upgraded, and priced to sell!

Property Details

Price:
$389,900
MLS #:
5979477
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
Towers Town Lake Condo Amd
Listed Date:
Aug 12, 2025
Finished Sq Ft:
1,459
Lot Size:
1,150 sqft / 0.03 acres (approx)
Year Built:
1983
PoolTowers Town Lake Condo AmdAustin IsdMathewsO HenryAustinSee Remarks

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Schools

School District:
Austin ISD
Elementary School:
Mathews
Middle School:
O Henry
High School:
Austin

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Range, Microwave, Electric Oven, Refrigerator, Washer/Dryer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Bamboo, Tile
Heating
Central

Exterior

Community Features
See Remarks, BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Fitness Center, Game Room, Garage Parking, Gated, Google Fiber, High Speed Internet, Lock and Leave, Maintenance On-Site, Package Service, Pool, Property Manager On-Site, Sauna, Spa/Hot Tub, Sport Court(s)/Facility
Exterior Features
Balcony, Restricted Access
Other Structures
None
Parking Features
See Remarks, Assigned, Covered
Roof
Concrete, Mixed, Tar/Gravel

Financial

HOA Fee
$1,075
HOA Frequency
Monthly
HOA Includes
Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Parking, Security, Trash, Water
HOA Name
Towers of Town Lake HOA
Taxes
$10,390

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Condo in Austin as of Dec 21, 2025
1,244
Condo Listed
134
Avg DOM
449
Avg $ / SqFt
$588,925
Avg List Price

Property Summary

    Located in the Towers Town Lake Condo Amd subdivision, 40 N Interstate 35 EXPY Austin TX is a Condo for sale in Austin, TX, 78701. It is listed for $389,900 and features 2 beds, 2 baths, and has approximately 1,459 square feet of living space, and was originally constructed in 1983. The current price per square foot is $267. The average price per square foot for Condo listings in Austin is $449. The average listing price for Condo in Austin is $588,925. To schedule a showing of MLS#5979477 at 40 N Interstate 35 EXPY in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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