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$449,000

Last List Price

40 Interstate 35 Freeway #5D4, Austin, TX 78701

2

beds

2

baths

1,360

sqft

0.02

acres

Condominium
$1,002.32/mo HOA

About This Condo

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.

Listings checked every few minutes. MLS# 1944522 was Last Updated: 04-15-2025.

Listed by Sharman Reed, Compass RE Texas, LLC (512) 750-9797

Buyer Represented by Kerri Espinoza, Keller Williams Realty (512) 775-5860

Neighborhood

Assigned Schools

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Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the Rainey Street Historic District neighborhood like?

The Rainey Street Historic District is located in the southeast corner of downtown Austin, Travis County, between Cesar Chavez Boulevard (formerly Water Street) to the north and Lady Bird Lake (the Colorado River) to the south, near Interstate 35. The district was added to the National Register of Historic Places on September 17, 1985 (Reference No. 85002302), with a period of significance spanning 1875 to 1949 and recognized areas of significance in architecture, including Bungalow/Craftsman and Gothic styles.

Explore Rainey Street Historic District

What employers are near 40 Interstate 35 Freeway?

  • Whole Foods Market (Grocery retail (corporate headquarters))
  • Indeed (Technology)
  • State of Texas (Government)

How does this property compare to others in Rainey Street Historic District?

40 Interstate 35 Freeway is listed at $449K vs. the $774K median in Rainey Street Historic District. The neighborhood average is $838/sqft. Homes in Rainey Street Historic District average 137 days on market.

MetricRainey Street Historic District
Median List Price$774K
Median Sold Price$565K
Average Days on Market137
Average Price per Sqft$838
Active Listings97

Market data as of May 2026.

Frequently Asked Questions

How much is 40 Interstate 35 Freeway?

40 Interstate 35 Freeway is listed for $449,000. It features 2 bedrooms, 2 bathrooms, 1,360 square feet, 0.0243 acres. Built in 1983.

What neighborhood is 40 Interstate 35 Freeway in?

40 Interstate 35 Freeway is located in the Rainey Street Historic District neighborhood of Austin, Texas.

How does 40 Interstate 35 Freeway compare to other condos in Rainey Street Historic District?

The asking price of $449,000 is 42.0% lower than the median condo price of $774K in Rainey Street Historic District. At $330/sqft, it compares to the neighborhood average of $838/sqft.

What are the details of 40 Interstate 35 Freeway?

40 Interstate 35 Freeway was built in 1983, and sits on 0.0243 acres of land, and is a condominium style condo.