Overview
Description
Set in the heart of downtown Austin, this beautifully updated 2-bedroom, 2-bathroom residence at The Towers of Town Lake delivers an elevated lock-and-leave lifestyle in an unbeatable location. Step outside and you’re minutes from the energy of Rainey Street, but far enough away to enjoy peace and quiet if that's what you prefer. It is the best of both worlds.
Enjoy downtown dining and entertainment, and the Town Lake Trail, with Lady Bird Lake just beyond for paddle boarding, kayaking, and afternoons on the water. Inside, a bright, open floor plan is framed by floor-to-ceiling glass and high-end finishes throughout. The chef’s kitchen is designed for both everyday living and entertaining, featuring a large center island, Leicht cabinetry, built-in Wolf cooktop, wall oven, Scotsman ice maker and integrated Thermador refrigerator.
Just off the living area, a built-in bar with mini fridge makes hosting effortless. Floor-to-ceiling sliding glass doors extend the living space to a large private balcony, creating an inviting connection between indoor and outdoor living. The spacious primary suite offers a private retreat with a spa-like ensuite bath, complete with dual vanity, walk-in shower, and generous walk-in closet.
Residents of The Towers enjoy an exceptional collection of amenities, including indoor and outdoor pools, fitness center, racquetball court, sauna, community lounge, secure garage parking, and 24-hour concierge service. With downtown Austin, the lake, trails, and Rainey Street all within reach, this is city living at it's best.
Address
- Street40 Interstate 35 #2C1
- CityAustin
- SubdivisionTowers Town Lake Condo Amd
- CountyTravis
- StateTX
- Zip78701
- MLS #9122904
Interior
- AppliancesBuilt-In Oven,Built-In Refrigerator,Cooktop,Dishwasher,Microwave,Stainless Steel Appliance(s),Wine Refrigerator
- Bathrooms Full2
- Bathrooms Half0
- Bathrooms Total Integer2
- Bedrooms Total2
- CoolingYes
- Fireplaces Total0
- FlooringCarpet,Tile
- HeatingCentral
- Interior FeaturesBreakfast Bar,Built-in Features,Ceiling Fan(s),Double Vanity,Eat-in Kitchen,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Recessed Lighting,See Remarks,Bar,Walk-In Closet(s)
- Laundry FeaturesLaundry Closet
- LevelsOne
- Living Area1,288
- Living Area SourcePublic Records
- Main Level Bedrooms2
Exterior
- Covered Spaces2
- Direction FacesNorth
- Exterior FeaturesBalcony
- Garage Spaces2
- Lot Size Acres0
- Lot Size Area0
- Parking FeaturesAssigned,Guest
- Pool FeaturesNone,Community
- RoofSee Remarks
- ViewDowntown
- Waterfront FeaturesWaterfront
Structure
- Construction MaterialsSee Remarks
- Foundation DetailsSlab
- Property ConditionResale
- Stories1
- Year Built1983
- Year Built SourcePublic Records
Utilities
- SewerPublic Sewer
- UtilitiesElectricity Available,Sewer Available,Water Available
- Water SourcePublic
Financial
- Association AmenitiesConcierge
- Association Fee1,010
- Association Fee FrequencyMonthly
- Association Fee IncludesCommon Area Maintenance,See Remarks
- Association NameTowers of Town Lake Condominiums
- AssociationYes
- Parcel Number02010402160020
- Tax Annual Amount6,982
- Tax Assessed Value341,176
- Tax BlockD
- Tax Legal DescriptionUNT 2C1 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .438% INT IN COMMON AREA
- Tax Lot2C1
- Tax Year2026
Schools
- Elementary SchoolMathews
- Elementary School DistrictAustin ISD
- High SchoolAustin
- High School DistrictAustin ISD
- Middle Or Junior SchoolO Henry
- Middle Or Junior School DistrictAustin ISD
Location
- Community FeaturesBar/Lounge,Concierge,Common Grounds/Area,Fitness Center,Gated,Pool,Racquetball,Sauna,Trails/Paths
- CountryUnited States
- County Or ParishTravis
- DirectionsFrom Mopac, head east on 1st Street. At the I-35 service road, turn right (south) and continue for two blocks. The towers will be on your right.
- Latitude30
- Longitude-98
- MLS Area MajorDT
- Postal Code78701
- Street Direction PrefixN
- Street NameInterstate 35
- Street Number40
- Street Number Numeric40
- Subdivision NameTowers Town Lake Condo Amd
- Unit Number2C1
- Unparsed Address40 N Interstate 35 2C1
Listing Info
- Attribution Contact(512) 669-3897
- Contract Status Change DateSeptember 30, 2026
- Cumulative Days On Market22
- Days On Market22
- DisclosuresSeller Disclosure
- Internet Automated Valuation DisplayYes
- Internet Consumer CommentYes
- List AORAustin Board of Realtors
- List Agent Direct Phone(512) 669-3897
- List Agent First NameMichael
- List Agent Full NameMichael Frost
- List Agent Key13982526
- List Agent Last NameFrost
- List Agent Middle NameS
- List Agent MLS ID689859
- List Agent National Association ID785044365
- List Office EmailTxbroker@compass.com
- List Office Key2681937
- List Office MLS ID700459
- List Office NameCompass RE Texas, LLC
- List Office National Association ID785047154
- List Office Phone(512) 575-3644
- List Price599,999
- Listing AgreementExclusive Right To Sell
- Listing Contract DateSeptember 30, 2026
- Listing ID9122904
- Listing Key1191772801
- Listing ServiceFull Service
- Listing TermsCash,Conventional,FHA,VA Loan
- Major Change TimestampNovember 4, 2026
- MLS StatusActive
- Modification TimestampNovember 4, 2026
- Occupant TypeVacant
- On Market DateSeptember 30, 2026
- Original Entry TimestampSeptember 30, 2026
- Originating System Key248267827
- Originating System NameACTRIS
- Ownership TypeCommon
- Photos Change TimestampOctober 21, 2026
- Photos Count39
- PossessionClosing & Funding,Close Of Escrow
- Price Change TimestampNovember 4, 2026
- Source System Key1191772801
- Special Listing ConditionsStandard
- Status Change TimestampSeptember 30, 2026
- Syndicate ToApartments.com,AustinHomeSearch.com,HAR.com,ListHub,Realtor.com
- Syndication RemarksSet in the heart of downtown Austin, this beautifully updated 2-bedroom, 2-bathroom residence at The Towers of Town Lake delivers an elevated lock-and-leave lifestyle in an unbeatable location. Step outside and you’re minutes from the energy of Rainey Street, but far enough away to enjoy peace and quiet if that's what you prefer. It is the best of both worlds. Enjoy downtown dining and entertainment, and the Town Lake Trail, with Lady Bird Lake just beyond for paddle boarding, kayaking, and afternoons on the water. Inside, a bright, open floor plan is framed by floor-to-ceiling glass and high-end finishes throughout. The chef’s kitchen is designed for both everyday living and entertaining, featuring a large center island, Leicht cabinetry, built-in Wolf cooktop, wall oven, Scotsman ice maker and integrated Thermador refrigerator. Just off the living area, a built-in bar with mini fridge makes hosting effortless. Floor-to-ceiling sliding glass doors extend the living space to a large private balcony, creating an inviting connection between indoor and outdoor living. The spacious primary suite offers a private retreat with a spa-like ensuite bath, complete with dual vanity, walk-in shower, and generous walk-in closet. Residents of The Towers enjoy an exceptional collection of amenities, including indoor and outdoor pools, fitness center, racquetball court, sauna, community lounge, secure garage parking, and 24-hour concierge service. With downtown Austin, the lake, trails, and Rainey Street all within reach, this is city living at it's best.
- Universal Property IDUS-48453-N-02010402160020-R-N
Features & Amenities
- Assigned
- Balcony
- Bar
- Bar/Lounge
- Breakfast Bar
- Built-in Features
- Built-In Oven
- Built-In Refrigerator
- Carpet
- Ceiling Fan(s)
- Central
- Common Grounds/Area
- Community
- Concierge
- Cooktop
- Dishwasher
- Double Vanity
- Downtown
- Eat-in Kitchen
- Fitness Center
- Gated
- Guest
- Has Waterfront
- High Ceilings
- Kitchen Island
- Laundry Closet
- Microwave
- None
- Open Floorplan
- Pantry
- Pool
- Racquetball
- Recessed Lighting
- Sauna
- See Remarks
- Stainless Steel Appliance(s)
- Tile
- Trails/Paths
- Walk-In Closet(s)
- Wine Refrigerator
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Michael Frost
Listing Agent · Compass RE Texas, LLC
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