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$1,999,999

Last List Price

40 Interstate 35 Highway #PA1, Austin, TX 78701

4

beds

5

baths

6,260

sqft

0.11

acres

Condominium
$4,613.82/mo HOA

About This Condo

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.

Listings checked every few minutes. MLS# 7625486 was Last Updated: 06-06-2025.

Listed by Douglas Harrison, Urbanspace (512) 694-1551

Buyer Represented by Rosy Orozco, Hills and Views LLC (512) 994-4618

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 Highway?

  • 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 Highway is listed at $2.0M vs. the $770K median in Rainey Street Historic District. The neighborhood average is $836/sqft. Homes in Rainey Street Historic District average 137 days on market.

MetricRainey Street Historic District
Median List Price$770K
Median Sold Price$565K
Average Days on Market137
Average Price per Sqft$836
Active Listings96

Market data as of May 2026.

Frequently Asked Questions

How much is 40 Interstate 35 Highway?

40 Interstate 35 Highway is listed for $1,999,999. It features 4 bedrooms, 5 bathrooms, 6,260 square feet, 0.112 acres. Built in 1983.

What neighborhood is 40 Interstate 35 Highway in?

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

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

The asking price of $1,999,999 is 159.9% higher than the median condo price of $770K in Rainey Street Historic District. At $319/sqft, it compares to the neighborhood average of $836/sqft.

What are the details of 40 Interstate 35 Highway?

40 Interstate 35 Highway was built in 1983, and sits on 0.112 acres of land, and is a condominium style condo.