7 months on rocket

40 N Interstate 35 Hwy Unit Pa1, Austin, TX, 78701

$2,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
6,260 SqFt
$399/SqFt
Condo

Location

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40 N Interstate 35 Hwy Unit Pa1, Austin$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Gated, See Remarks, Side By Side, Covered, Guest
Garage6 spaces
Year Built1983
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceGreat Room, See Remarks, Wood Burning
ViewCity Lights, City, Lake, River, Water
MLS #7625486
Lot Size0.11 Acres
StatusActive

About 40 N Interstate 35 Hwy Unit Pa1

Step into a residence that mirrors the enigmatic allure of a character straight out of a spy novel—an embodiment of sophistication with a hint of intrigue. If James Bond were to call Austin home, this penthouse would undoubtedly be his sanctuary. As you enter through the secure private elevator, you're greeted by expansive panoramic views that stretch across Lady Bird Lake and the enchanting Austin city skyline. Spanning an impressive 6260 Sq.Ft., this residence boasts multiple living and entertaining areas, each meticulously designed to showcase the breathtaking lake vistas. Indulge in the warmth of the wood-burning fireplace and the rich allure of mahogany floors, or retreat to the spa-like sanctuary of the bathroom, complete with a Jacuzzi and steam room. Step out onto the covered balconies and soak in the tranquility of your surroundings, knowing that privacy and security are paramount in this gated community. Immerse yourself in the advanced lighting and sound systems, creating an ambiance of sophistication and elegance. The contemporary kitchen, complete with prep room and extra refrigerator and freezer space, is a testament to both functionality and style. Recharge your electric vehicle with the convenience of a Tesla Charger and 6 conveniently located parking spaces. Nestled within a gated community on the serene west side of the Towers of Town Lake it's a haven of tranquility amidst the vibrant energy of downtown Austin while still being within arm's reach of the vibrant Historical Rainey District and Lady Bird Lake. Indulge in the array of amenities available at the Towers of Town Lake, including indoor racquetball and basketball courts, cardio and weight rooms, indoor and outdoor pools, sauna, billiards room, and a library, all complemented by 24/7 concierge service. With its unbeatable combination of privacy, location, size, finishes, and uniqueness, this penthouse represents an extraordinary value in downtown Austin.

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 1
  • Living Area: 6,260 SqFt

Listing Office:

  • Office Name: Urbanspace
  • Office Phone: (512) 457-8884
  • Listing Agent: Doug Harrison

Interior Features

Interior Information:

  • Appliances: Electric Oven, Bar Fridge, Refrigerator, Cooktop, Dryer, Dishwasher, Exhaust Fan, Freezer, Disposal, Microwave, Other, Wine Cooler, Washer
  • Flooring Type: See Remarks, Tile, Wood
  • Interior: Wet Bar, Breakfast Bar, Bookcases, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Elevator, Granite Counters, High Speed Internet, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Multiple Primary Suites, Multiple Closets, Open Floorplan, Recessed Lighting, See Remarks, Storage, Soaking Tub
  • Fireplace: Great Room, See Remarks, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City Lights, City, Lake, River, Water
  • Exterior: Balcony

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Assigned, Garage, Gated, See Remarks, Side By Side, Covered, Guest

Lot Features

Lot Information:

  • Lot: Near Park, Landscaped, See Remarks, Views
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Southbound I-35, Exit# 234B Cesar Chavez exit Holly, stay on access road through 2 lights, turn right into the complex before the Chevron, call concierge at gated entrance who will grant access.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $399/SqFt

HOA Fees:

  • Amount: $4175
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

40 N Interstate 35 Hwy Unit Pa1 vs Austin

236 DAYS ON ROCKET

+162 Days

$2,500,000

+$1.9M More

$399/SqFt

+$91 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $91/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: #7625486

Listing Office:

  • Office Name: Urbanspace
  • Office Phone: (512) 457-8884
  • Listing Agent: Doug Harrison

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: 12/18/2024, 7:20:50 AM 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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$16.7K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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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-4442049
5
/10
  • Sanchez Elementary School

  • 73 San Marcos St

  • 0.28 miles

  • Public District Grades PK-5

school-card-donut-4442050
7
/10
  • Travis Heights Elementary School

  • 2010 Alameda Dr

  • 1.04 miles

  • Public Charter Grades EE-5

school-card-donut-4442051
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. Most Austin, TX residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 N Interstate 35 Hwy Unit Pa1

What is the listing price of this property?

The listing price of 40 N Interstate 35 Hwy Unit Pa1 property is $2,500,000.

What type of property is this?

The property 40 N Interstate 35 Hwy Unit Pa1 is a condo located in Austin, Texas, 78701.

Is this property for sale now?

Active Listing: 40 N Interstate 35 Hwy Unit Pa1 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 Hwy Unit Pa1 has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 40 N Interstate 35 Hwy Unit Pa1 is 6,260 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 N Interstate 35 Hwy Unit Pa1 is 1983.

Rocket HomesTexasTravis CountyAustin7870140 N Interstate 35 Hwy Unit Pa1

This home is located at 40 N Interstate 35 Hwy Unit Pa1 in Austin, TX and zip code 78701 in the Downtown neighborhood. This 6,260 square foot home, which was built in 1983, sits on a 0.11 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $2,500,000.

In November 2024 more than 59 listings in Austin, TX were sold above the asking price. During the same period more than 96 listings were sold at asking price, while more than 446 were sold below. Between October 2024 and November 2024, Austin, TX real estate market has seen decrease in the number of listings by 1.1%. In November 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $567,441.

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

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