The Towers of Town Lake#PA1
40 N Interstate 35 Highway #PA1, Austin, TX 78701
$29,000$5/SF
Bedrooms
4
Bathrooms
5
Living Area
6,260 sf
Days on Market
1
About This Property
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.
Property Details
Listed by Rosy Orozco, Hills and Views LLC
Source: Unlock MLS, MLS# 6237938
Information deemed reliable but not guaranteed.
Price History
| Jul 20, 2026 | Listed for rent | $29,000/mo+267.1% $5/sqft |
Show previous listings (4)▾
| Jun 6, 2025 Day 407 | Sold | — |
| Apr 25, 2024 | Listed for sale | $2,500,000-13.8% $399/sqft |
| Apr 25, 2024 Day 0 | Price change | $2,500,000→$1,999,999-20.0% $319/sqft |
| Jul 1, 2020 Day 761 | Listing removed | — |
| Jun 1, 2018 | Listed for sale | $3,299,000+119.9% $527/sqft |
| Jun 1, 2018 Day 0 | Price change | $3,299,000→$2,900,000-12.1% $463/sqft |
| Nov 28, 2016 Day 26 | Listing removed | — |
| Nov 2, 2016 | Listed for rent | $7,900/mo $1/sqft |
| Sep 4, 2007 Day 201 | Sold | — |
| Feb 15, 2007 | Listed for sale | $1,800,000 $288/sqft |
| Feb 15, 2007 Day 0 | Price change | $1,800,000→$1,500,000-16.7% $240/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 →Loading map...
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