Towers of Town Lake Condos in Austin, TX

About Towers of Town Lake

Towers of Town Lake has been around a while, but now finds itself in one of the hottest parts of Austin, bordered by Town Lake and the Rainey Street District. Besides its convenient location, the Towers of Town Lake offers many amenities not found in other buildings. Residents enjoy an on-site, well-equipped fitness facility with a racquetball court, weight room and locker rooms. After working out, residents can enjoy swimming in an indoor heated pool, or an outdoor pool in a lush, tropical setting. A morning jog on Town Lake is right out the back door. The building also has 24 hour concierge service, gated parking, a library, and attractively furnished lounge areas for informal gatherings. Views are either of the Downtown skyline or to the south, looking out over Town Lake. The property is comprised of four connected towers and several townhouses.

Patty Sanguily

600 Congress Ave, 14th Floor
Austin, TX 78701
512-466-4426

40 North I-35, Austin, TX 78701

Year Built1983
Floors13
Units175
Height141 ft
Average $/SQFT$379
1 Available Condos

Neighborhood Rainey Street District
Building Type High-Rise
Ownership Condo

Available Towers of Town Lake Condos

Price, High to Low

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$960,000

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Towers of Town Lake
MLS® #: 6845344
40 N Interstate 35 Highway 11a2
Austin, TX 78701
4 Bed, 3 Bath, 2,536 SqFt

Towers of Town Lake Sales Report

In 2016 there were 10 condos sold at Towers of Town Lake. The average closing price was $542,618 and the average sold price per square foot was $333.41. That represents a 1.36% increase over the 2015 average price per square foot of $328.95. In 2016 it took an average of 55 days to sell a condo at Towers of Town Lake which is below the overall downtown Austin average of 60.

In 2015 there were 6 Towers of Town Lake Condos sold. The average closing price was $473,583 and the average sold price per square foot was $328.95. That represents a 17.97% increase over the 2014 average price per square foot of $278.85.

About Towers of Town Lake

Back in the 80's this 5 acre gated, lakeside spread rose all alone on the shores of Lady Bird Lake (Town Lake). But all that's changed with the completion of nearby highrises and the renaissance of historic Rainey Street. The four interconnected towers offer the most spacious plans on market for the money. Savvy buyers unafraid of a few updates jump at the chance to reside at one of Austin's premier residences. Racquetball anyone?