$417,000

40 N Interstate Highway 35 Unit 5B3 Austin, TX 78701

$4,952
Closing credit¹
2 beds
2 full
1,288 sqft
0.02 acres
$324 / sqft
Condo

Property details

About 40 N Interstate Highway 35 Unit 5B3

Live in the Heart of Downtown Austin at the Coveted Towers of Town Lake. Enjoy stunning views of Lady Bird Lake and the iconic Congress Bridge bats from your private balcony in this chic and stylish 2BD/2BA condo. With 1,288 sq ft of luminous living space, this residence blends modern updates with breathtaking scenery. The bright open floor plan connects the kitchen, dining, and living areas while still offering subtle separation between spaces. Soaring ceilings, recessed LED lighting, and a wall of windows and glass doors flood the home with natural light and seamlessly extend the living space outdoors. The contemporary kitchen features custom cabinetry with generous storage—including built-in pantry cabinets and additional shelving in the laundry room. Granite countertops, stainless steel appliances, and bar seating at the peninsula make this kitchen both functional and inviting. A dedicated dining area is perfect for hosting dinner parties before a night out on Rainey Street. The spacious primary suite offers a private ensuite bath with raised bowl sinks, granite counters, custom cabinetry, and a large walk-in closet. A separate water closet includes a walk-in shower and private toilet. The second bedroom and full bath are ideal for guests or a home office. Towers of Town Lake offers unmatched amenities: indoor and outdoor pools, a spa, fitness center, racquetball court, library, game room, and elegant gathering spaces. Residents enjoy the support of a top-tier staff known for exceptional service. You also have two, 1st level adjacent parking spaces! Located directly along Lady Bird Lake, you’ll have hike & bike trail access at your doorstep and easy walkability to restaurants & entertainment. With Downtown and East Austin just steps away and quick access to I-35, everything you need is right at your fingertips. Don’t miss this rare opportunity to own a private oasis in one of Austin’s premier condo towers—schedule your showing today!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,288 sqft
Lot size0.0232 Acres
Year built1983
ParkingAssigned, Covered
MLS #2130179
Garage2 spaces
WaterfrontSee Remarks
ViewCity, Lake, Panoramic

Summary

  • MLS Number: 2130179
  • MLS Name: ACTRIS
  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 791-5209
  • Listing Agent: John Brandon Faught

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: 4/19/2025, 4:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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unfurnished living room with a wall of windows, wood finished floors, baseboards, and recessed lighting

$417,000

40 N Interstate Highway 35 Unit 5B3

$4,952

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. The most common annual income of people living in Austin, TX is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

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 5B3

This home is located at 40 N Interstate Highway 35 Unit 5B3 in Austin, TX and zip code 78704 in the South Central neighborhood. This 1,288 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 April 17, 2025 and is currently priced at $417,000.

In March 2025, from all listings sold in Austin, TX there were more than 115 sold above asking price, over 529 sold below and more than 139 were sold right at the asked price. In March 2025 in Austin, TX there were 28.6% more homes for sale than in February. Listings spent 67 days on the market in March 2025, and had a median list price of $577,151 during the same period.

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

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