The Towers of Town Lake#4C2
40 N Interstate 35 #4C2, Austin, TX 78701
$349,900$240/SF
Bedrooms
2
Bathrooms
2
Living Area
1,459 sf
Days on Market
181
About This Property
Owner is ready to sell - Needs to close by 12/24/2026!! Unbelievable PRICE !! Disregard days on market. It was a rental and then taken off the market and painted & floors replaced. Some properties just check all the boxes. Under $400K this property checks all of them better than any other option, Located in a premier location with convenient access to downtown & Rainey Street. Turnkey lifestyle in the heart of Austin. New Luxury Vinyl Floors throughout with a wall of sliding glass doors that lead to a spacious balcony, allowing plenty of natural light to enter the residence. The kitchen boasts white cabinetry and loads of storage. Primary bedroom features large walk-in closet, en-suite bathroom, double vanity, and built-in linen closet. Laundry off kitchen. One of the first condo buildings in Austin. Highly sought after amenities including 24-hour concierge, fitness center, basketball court, sauna, resort-style indoor and outdoor pools, billiards room, library, piano room and conference room. Towers has recently completed updates to the lobby area. A complete exterior renovation on the buildings was completed last year. The parking lot has been resurfaced and landscaping has been upgraded. The roof was replaced about 5 years ago. Two parking spaces convey with this condo. Concierge desk is staffed 24/7 365 days a year. Google Fiber is available.
Property Details
Listed by Jeff Kress, Pure Realty
Source: Unlock MLS, MLS# 3054488
Information deemed reliable but not guaranteed.
Price History
| Sep 29, 2026 Day 167 | Price change | $399,900→$349,900-12.5% $240/sqft |
| Apr 15, 2026 | Listed for sale | $399,900+6.7% $274/sqft |
Show previous listings (9)▾
| Jan 16, 2026 Day 258 | Listing removed | — |
| May 3, 2025 | Listed for sale | $449,900-18.2% $308/sqft |
| May 3, 2025 Day 0 | Price change | $449,900→$374,900-16.7% $257/sqft |
| Feb 1, 2024 Day 180 | Leased | — |
| Jan 31, 2024 Day 179 | Pending | $2,495/mo $1.71/sqft |
| Aug 5, 2023 | Listed for rent | $2,995/mo $2.05/sqft |
| Aug 5, 2023 Day 0 | Price change | $2,995→$2,495/mo-16.7% $1.71/sqft |
| Jan 31, 2024 Day 179 | Listing removed | — |
| Aug 5, 2023 | Listed for sale | $565,000+23.1% $387/sqft |
| Aug 5, 2023 Day 0 | Price change | $565,000→$549,900-2.7% $377/sqft |
| Jul 31, 2023 Day 35 | Listing removed | — |
| Jun 26, 2023 | Listed for rent | $2,995/mo $2.05/sqft |
| Feb 14, 2018 Day 90 | Sold | — |
| Jan 6, 2018 Day 51 | Pending | $459,000 $315/sqft |
| Nov 16, 2017 | Listed for sale | $459,000+162.4% $315/sqft |
| Oct 30, 2002 Day 29 | Sold | — |
| Oct 4, 2002 Day 3 | Pending | $174,900 $120/sqft |
| Oct 1, 2002 | Listed for sale | $174,900-5.4% $120/sqft |
| Oct 1, 2002 Day 85 | Listing removed | — |
| Jul 8, 2002 | Listed for sale | $184,900-1.1% $127/sqft |
| Jul 8, 2002 Day 129 | Listing removed | — |
| Mar 1, 2002 | Listed for sale | $186,900-1.5% $128/sqft |
| Oct 9, 2000 Day 91 | Sold | — |
| Jul 20, 2000 Day 10 | Pending | $189,700 $130/sqft |
| Jul 10, 2000 | Listed for sale | $189,700 $130/sqft |
Sold and leased prices aren't shown per Unlock MLS rules — reach out to Jacob for this info.
Below: which way the unit faces, the floor plan, the building (year built, residences, amenities), the neighborhood character, and how this unit's $/SF lines up with recent sales here.
The Building — The Towers of Town Lake
Built
1983
Floors
13
Residences
178
The Neighborhood — Rainey Street District
Historic bungalow bars meet luxury high-rise living on Austin's most dynamic lakefront street.
About Rainey Street District →Is It Priced Right?
The Towers of Town Lake's 2-bedroom units, last 12 months · 7 closed sales
This range is a gauge, not a recommended price. What a unit should actually sell for depends on its floor, finishes, view, outdoor space, condition, and timing — this is one tool to orient yourself, not the answer.
How fast it's moving
On market 181 days — slower than the 72-day typical.
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