2 months on rocket

40 N Interstate 35 Fwy Unit 5D4, Austin, TX, 78701

$475,000

Home List Price

$5,641*

Closing Credit

2 Bedrooms
2 Full Baths
1,360 SqFt
$349/SqFt
Condo

Location

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40 N Interstate 35 Fwy Unit 5D4, Austin$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Assigned, Garage, Secured
Garage2 spaces
Year Built1983
HeatingElectric
CoolingCentral Air
WaterfrontNone
ViewNone
MLS #1944522
Lot Size0.02 Acres
StatusActive

About 40 N Interstate 35 Fwy Unit 5D4

The Towers of Town Lake has recently completed updates to the lobby area. A complete exterior renovation on the buildings was completed last year. The parking lot has been resurfaced and landscaping has been upgraded. The roof was replaced about 5 years ago. The Towers is known for it's spacious condos and long list of amenities including a sport court, library, indoor and out door pools, workout rooms, piano room, library, and meeting room. Two parking spaces convey with this condo, one covered space and one uncovered. Security is on the property from 4:00 pm until 7:00 am on weekdays and 24 hours on weekends and holidays. The concierge desk is staffed 24/7 365 days a year. Google Fiber is available. Washer, Dryer, and Refigerator convey. Also available for lease at $3000/month.

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 1
  • Living Area: 1,360 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 750-9797
  • Listing Agent: Sharman Reed

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Electric Range, Refrigerator, Disposal, Microwave, Washer
  • Flooring Type: Tile, Wood
  • Interior: Granite Counters, Main Level Primary, No Interior Steps, Tile Counters, Track Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: None
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Additional Parking, Assigned, Garage, Secured

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: When coming from the north: Head south on IH-35, exit Riverside Dr and immediately get over to the far right lane. Turn right onto San Marcos St before the Lady Bird Lake Bridge and then turn right into Towers of Town Lake Condominiums. When coming from the south: Head North on IH-35, exit Holly St and take a left (under the bridge) at the next light. Take a left on IH-35 S frontage road. Continue for .1 miles and take a right on San Marcos St before the Lady Bird Lake Bridge and then turn right into Towers of Town Lake Condominiums.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $349/SqFt

HOA Fees:

  • Amount: $907
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

72

# of Sold Homes

669

40 N Interstate 35 Fwy Unit 5D4 vs Austin

79 DAYS ON ROCKET

+7 Days

$475,000

-$91.4K Less

$349/SqFt

+$41 More

KEY TAKEAWAY

This property is $91.4K less than the Median Sold Price and $41/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #1944522

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 750-9797
  • Listing Agent: Sharman Reed

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/10/2024, 3:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$3,345

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-834012
5
/10
  • Sanchez Elementary School

  • 73 San Marcos St

  • 0.28 miles

  • Public District Grades PK-5

school-card-donut-834013
7
/10
  • Travis Heights Elementary School

  • 2010 Alameda Dr

  • 1.04 miles

  • Public Charter Grades EE-5

school-card-donut-834014
6
/10
  • Zavala Elementary School

  • 310 Robert T Martinez Jr St

  • 1.07 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,389. Residents of Austin, TX typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 N Interstate 35 Fwy Unit 5D4

What is the listing price of this property?

The listing price of 40 N Interstate 35 Fwy Unit 5D4 property is $475,000.

What type of property is this?

The property 40 N Interstate 35 Fwy Unit 5D4 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 40 N Interstate 35 Fwy Unit 5D4 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 40 N Interstate 35 Fwy Unit 5D4 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40 N Interstate 35 Fwy Unit 5D4 is 1,360 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 N Interstate 35 Fwy Unit 5D4 is 1983.

Rocket HomesTexasTravis CountyAustin7870140 N Interstate 35 Fwy Unit 5D4

This home is located at 40 N Interstate 35 Fwy Unit 5D4 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 1,360 square foot home, which was built in 1983, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $475,000.

In October 2024, from all listings sold in Austin, TX there were more than 66 sold above asking price, over 506 sold below and more than 96 were sold right at the asked price. The number of homes for sale in Austin, TX increased by 6.3% between September 2024 and October 2024. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $566,430.

From Rocket Homes Real Estate and based on county public records data.

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