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SOLD
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$550,000

Last List Price

40 Interstate Hwy 35 #3D4, Austin, TX 78701

2

beds

2

baths

1,360

sqft

0.02

acres

Condominium
$1,002.32/mo HOA

About This Condo

*** ~$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!

Listings checked every few minutes. MLS# 8044371 was Last Updated: 06-15-2025.

Listed by Bryan Cady, DEN Property Group (512) 731-7489

Buyer Represented by Amy Wegner, Texas Hill Country Realty (512) 395-5436

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 Hwy 35?

  • 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 Hwy 35 is listed at $550K 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 Hwy 35?

40 Interstate Hwy 35 is listed for $550,000. It features 2 bedrooms, 2 bathrooms, 1,360 square feet, 0.024 acres. Built in 1983.

What neighborhood is 40 Interstate Hwy 35 in?

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

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

The asking price of $550,000 is 28.5% lower than the median condo price of $770K in Rainey Street Historic District. At $404/sqft, it compares to the neighborhood average of $836/sqft.

What are the details of 40 Interstate Hwy 35?

40 Interstate Hwy 35 was built in 1983, and sits on 0.024 acres of land, and is a condominium style condo.