$550,000

40 N Interstate Highway 35 Unit 3D4 Austin, TX 78701

$6,531
Closing credit¹
2 beds
2 full
1,360 sqft
0.02 acres
$404 / sqft
Condo

Property details

About 40 N Interstate Highway 35 Unit 3D4

*** ~$24K PRICE IMPROVEMENT includes: $12K List Price Reduction PLUS a 12-Month HOA CREDIT AT CLOSING (~$12K) *** Steps from Rainey Street, Minutes from Everything. Perfect blend of modern living and serene retreat at this beautifully updated and maintained condo in the coveted Towers of Town Lake. Nestled in Austin’s vibrant Rainey Street District, this 2-bedroom, 2-bathroom home offers 1,360 square feet of thoughtfully designed space with premium amenities. Inside, you’ll find an updated kitchen with sleek cabinetry, a central island, and gorgeous hardwood floors that flow throughout the space. The bathrooms have been upgraded with modern mirrors and elegant finishes, while the spacious bedrooms feature walk-in closets for ample storage. Sunlit living areas, framed by floor-to-ceiling windows, open onto a private balcony with lush garden views and a glimpse of the community’s outdoor pool. Residents enjoy exclusive access to a wealth of amenities, including 24-hour concierge service, indoor and outdoor pools, a fitness center, sauna, Jacuzzi, racquetball court, library, and conference room—all within a limited-access, gated community. Located just steps from the Lady Bird Lake Hike & Bike Trail, Rainey Street’s buzzing nightlife, and East Austin’s vibrant dining and entertainment, this condo offers the best of both worlds: tranquility and urban excitement!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,360 sqft
Lot size0.024 Acres
Year built1983
ParkingGarage
MLS #8044371
Garage2 spaces
WaterfrontLake Front
ViewCity

Summary

  • Full Bathrooms: 2
  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Main Level Primary, No Interior Steps, Stone Counters, Recessed Lighting, Walk-In Closet(s)
  • Fireplace: None
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Private Pool: No
  • Parking: Garage
  • Waterfront: Lake Front
  • View: City
  • Exterior: Balcony
  • Heating: Central
  • Cooling: Central Air
  • List Price: $550,000
  • Price/SqFt: $404
  • HOA Amount: $1,002
  • HOA Frequency: Monthly
  • Lot: See Remarks
  • Directions: Heading South on IH35, exit Cesar Chavez, stay on frontage road. Turn Right onto San Marcos St. The Towers of Town Lake entrance will be on the right. Gate access via concierge phone. Park in visitor parking to the left.
  • Year Built: 1983
  • Stories: 1
  • Living Area: 1,360 SqFt
  • Lot Size: 0.024 Acres
  • MLS Number: 8044371
  • MLS Name: ACTRIS
  • Office Name: DEN Property Group
  • Office Phone: (512) 222-3364
  • Listing Agent: Bryan Cady

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 2025 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. Properties displayed may be listed or sold by various participants in the MLS.


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: 4/29/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of balcony

$550,000

40 N Interstate Highway 35 Unit 3D4

$6,531

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

1

Dawson Elementary School

Public District EE-5

0.5 mi

3001 S 1st St

8

Becker Elementary School

Public District PK-5

0.6 mi

906 W Milton St

10

Zilker Elementary School

Public District PK-5

1.0 mi

1900 Bluebonnet Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,558. Residents of Austin, TX typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

38%
<35k
51%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

65%
Single, No Kids
7%
Single, with Kids
17%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
32%
18-34 yrs old
41%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory
  • ChipotleChipotle

What do the neighbors drive?

  • BMWBMW
  • VolvoVolvo
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 40 N Interstate Highway 35 Unit 3D4

The listing price of 40 N Interstate Highway 35 Unit 3D4 property is $550,000.

The property 40 N Interstate Highway 35 Unit 3D4 is a condo located in Austin, Texas, 78701.

Active Listing: 40 N Interstate Highway 35 Unit 3D4 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 40 N Interstate Highway 35 Unit 3D4 are: Dawson Elementary School (GreatSchools Rating 1/10), Becker Elementary School (GreatSchools Rating 8/10), Zilker Elementary School (GreatSchools Rating 10/10), Lively Middle School (GreatSchools Rating 3/10), Martin Middle School (GreatSchools Rating 2/10), Kipp Paseo Preparatory School (GreatSchools Rating 4/10), Phoenix Academy (GreatSchools Rating 1/10), Leadership Academy (GreatSchools Rating 1/10), Graduation Preparatory Academy (GreatSchools Rating 1/10).

The property at 40 N Interstate Highway 35 Unit 3D4 has 2 bedrooms and 2 bathrooms.

The property 40 N Interstate Highway 35 Unit 3D4 is 1,360 SqFt (source: MLS/tax record).

The year of construction for 40 N Interstate Highway 35 Unit 3D4 is 1983.

This home is located at 40 N Interstate Highway 35 Unit 3D4 in Austin, TX and zip code 78704 in the South Central 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 February 13, 2025 and is currently priced at $550,000.

Over 115 listings were sold over their listed price in March 2025 in Austin, TX. In the same period over 529 listings were sold below the listed price and 139 listings were sold for the listed price. Between February and March 2025, Austin, TX real estate market has seen increase in the number of listings by 28.6%. In March 2025, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $577,151.

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

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