Date
Details
Price
Change
Source
7/20/2026
Listed
$29,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$29,000 Just Listed
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Property Description
This sprawling 6,260-square-foot penthouse offers an unparalleled standard of space, privacy, and classic elegance in downtown Austin. Arriving via two secure, dedicated elevators that open directly into the residence, you are immediately greeted by expansive, panoramic views of Lady Bird Lake and the downtown skyline, which can be enjoyed from four private balconies situated throughout the property. The penthouse features three distinct living rooms, two formal dining rooms, a private movie theater, and a dedicated executive office that easily serves as a fifth bedroom with its own full bath. The layout encompasses four bedrooms, each with its own walk-in closet and dedicated full bathroom, providing ultimate convenience and privacy. The interior showcases traditional, timeless craftsmanship, highlighted by rich, all-wood flooring throughout the main areas and plush carpeting reserved for just two of the bedrooms. Fully turnkey for a minimum 12-month lease, the home has been refreshed with recent paint and includes premium appliances. Logistical convenience is unmatched, featuring six premium parking spaces positioned as the very first spots upon entering the covered garage. Situated in the absolute best location downtown, the property sits just a few steps from the Lady Bird Lake trails, the vibrant Rainey Street district, and premier area dining and shopping. Residents also enjoy 24/7 concierge service and elite building amenities, including indoor racquetball and basketball courts, cardio and weight rooms, indoor and outdoor pools, sauna, billiards room, and a library.
Full Property Details
Full Property Details for 40 N Interstate 35 Hwy #PA1
General
- Rent: $29,000
- Status: Active
- Type: Condo
- Source: Austin_MLS
- MLS ID: 6237938
- Updated: 7/20/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Wet Bar, Breakfast Bar, Bookcases, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Elevator, Granite Counters, High Speed Internet, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Multiple Primary Suites, Multiple Closets, Open Floorplan, Recessed Lighting, See Remarks, Storage, Soaking Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Great Room, See Remarks, Wood Burning
- Appliances: Built-In Electric Oven, Bar Fridge, Built-In Refrigerator, Cooktop, Dryer, Dishwasher, Exhaust Fan, Built-In Freezer, Freezer, Disposal, Microwave, See Remarks, Wine Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Library: Yes
- Laundry: Laundry Room, In Unit, See Remarks
Additional Information
- Shared Amenities: Concierge
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Spa Description: Community
- Security/Safety: Building Security, Closed Circuit Camera(s), Fire Alarm, See Remarks, Controlled Access
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Covered, See Remarks, Balcony
Parking
- Garage: Yes
- Garage Spaces: 6
- Covered Spaces: 6
- Total Spaces: 6
- Parking Features: Assigned, Garage, Gated, See Remarks, Covered, Guest
Location
- Area: DT
- County: Travis
- Subdivision: Towers Town Lake Condo Amd
- Driving Directions: Southbound I-35, Exit# 234B Cesar Chavez exit Holly, stay on access road through 2 lights, turn right into the complex before the Chevron, call concierge at gated entrance who will grant access.
- Direction Faces: Southeast
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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, See Remarks, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Concrete, Plaster
- Roof: Concrete
- Windows: Aluminum Frames, Screens, Skylight(s)
- Stories/Levels: 1
- Square Feet: 6,260
- Sq. Ft. Source: Public Records
- Living Area: 6,260 Sq. Ft.
- Year Built: 1983
- Property Condition: Resale
Additional Structures
- Other Structures: Cabana, See Remarks
Lot Features
- Property View: City Lights, City, Park/Greenbelt, Lake, River
- Lot Size (Acres): 0.112
- Lot Size (Sq. Ft.): 4,878.72
- Lot Features: Backs to Greenbelt/Park, Landscaped, See Remarks, Views
- Fencing (Description): None
Water Features
- Water View: Yes
Financial Considerations
- For Sale/Rent/Lease: Lease
- Security Deposit: $29,000
- Pet Deposit: $500
- Owner Pays: Association Fees, Taxes
- Tenant Pays: All Utilities, Pest Control
Disclosures and Reports
- Legal Description: UNT PA1 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS 2.128% INTEREST IN COMMON AREA
- Disclosures/Reports: None, Renters Insurance Required, Restricted Property Access
- Property ID: 2010402160172
- Block: D
- Lot Number: PA1
Listed by Hills and Views LLC
Price History for 40 N Interstate 35 Hwy #PA1
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- Single Family
- Active
- Updated 21 hours ago
- 4Beds
- 2Total Baths
40 N Interstate 35 Highway #PA1, Austin, TX 78701 (MLS# 6237938) is a Condo property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 40 N Interstate 35 Highway #PA1 is currently listed for rent at $29,000 and was received on July 20, 2026. Want to learn more about 40 N Interstate 35 Highway #PA1? Do you have questions about finding other real estate for sale or rent in Austin? You can browse all Austin rentals or contact a Coldwell Banker agent to request more information.