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$369,000
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Property Description
South facing unit, third floor in "B" Building which is the second in from Rainey Street (third building away from IH35). Amenities include one indoor/one outdoor pool, a cardio exercise room, weight room, library, meeting rooms, billiard room, racketball court. Walk through gate and cross street to Lady Bird Lake hike & bike trails. Watch the bats emerge out from under the Congress Ave bridge from your balcony and enjoy beautiful sunsets. Two assigned parking spaces (one covered)
Full Property Details
Full Property Details for 40 N Interstate 35 #3B3
General
- Price: $369,000
- HOA FEE: $1,011/month
- Taxes: $8,698 (2025)
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 1469576
- Updated: 8/28/2026
- Added to Site: 221 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Double Vanity, Elevator, Bar
- Appliances: Dryer, Dishwasher, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Refrigerator, Disposal, Stainless Steel Appliance(s), Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Library: Yes
- Laundry: Laundry Closet, Main Level, Electric Dryer Hookup
Additional Information
- Shared Amenities: Concierge
- Spa: Yes
- Spa Description: Community, Hot Tub
- Security/Safety: Building Security, Gated with Guard, 24 Hour Security, Controlled Access
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Rear Porch, Terrace, Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: Assigned, Garage, Covered, Guest
Location
- Area: DT
- County: Travis
- Subdivision: Towers Town Lake Condo Amd
- Driving Directions: IH 35, north shore of Lady Bird Lake. Caesar Chavez, south on IH 35 access road, sharp right turn to community gate. Buzz concierge/front desk for access
- Direction Faces: South
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Mathews
- Middle School: O Henry
- High School: Austin
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Somerset Association Management
- Assoc. Fees Include: Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Sewer, Security, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Fiber Optic Available, Natural Gas Not Available, High Speed Internet Available, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Masonry
- Roof: Membrane
- Windows: Insulated Windows, Tinted Windows, Window Coverings
- Stories/Levels: 1
- Square Feet: 1,288
- Sq. Ft. Source: Public Records
- Living Area: 1,288 Sq. Ft.
- Year Built: 1983
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Park/Greenbelt, Lake
- Lot Size (Acres): 0.0232
- Lot Size (Sq. Ft.): 1,010.59
- Fence: Yes
- Lot Features: Backs to Greenbelt/Park, Landscaped, Views
- Fencing (Description): Gate
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lady Bird Lake
- Water Front Desc.: Lake Front
- Lake Front: Yes
Financial Considerations
- Association Fee: $1,011
- Assoc Fee Freq.: Monthly
- Assessment Amount: $537,616
- Tax Amount: $8,698
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: HOA Documents
- Legal Description: UNT 3B3 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .438% INT IN COMMON AREA
- Disclosures/Reports: Seller Disclosure, Restricted Property Access
- Property ID: 2010402160033
- Block: D
- Lot Number: 3B3
Listed by Denny Holt Realtors
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Price & Sales History for 40 N Interstate 35 #3B3
Date
Details
Price
Change
Source
7/20/2026
Price Reduced
$369,000
-9.78%
MLS
5/05/2026
Price Reduced
$409,000
-2.39%
MLS
3/03/2026
Listed
$419,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 N Interstate 35 #3B3
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,699
—
$488,246
-9%
2024
$8,699
12%
$537,616
100%
2022
$7,790
-1%
-100%
2021
$7,905
-11%
$414,053
4%
2020
$8,881
4%
$398,865
—
2020
$8,555
-1%
$398,865
2%
2018
$8,623
18%
$392,576
9%
2016
$7,321
-9%
$361,116
10%
2017
$8,053
18%
$328,287
10%
2015
$6,852
26%
$298,443
23%
2013
$5,426
—
$242,293
10%
2013
$5,426
—
$220,266
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 N Interstate 35 #3B3
40 N Interstate 35 #3B3, Austin, TX 78701 (MLS# 1469576) is a Condo property with 2 bedrooms and 2 full bathrooms. 40 N Interstate 35 #3B3 is currently listed for $369,000 and was received on March 03, 2026. Want to learn more about 40 N Interstate 35 #3B3? Do you have questions about finding other Condo real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

