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Jacob Hannusch
The Towers of Town Lake #2C1 - Photo 1
Active

The Towers of Town Lake#2C1

40 N Interstate 35 #2C1, Austin, TX 78701

$630,000$489/SF

Bedrooms

2

Bathrooms

2

Living Area

1,288 sf

Days on Market

13

The Breakdowntake a deeper look at this unit with Jacob's proprietary downtown Austin data

About This Property

Set in the heart of downtown Austin, this beautifully updated 2-bedroom, 2-bathroom residence at The Towers of Town Lake delivers an elevated lock-and-leave lifestyle in an unbeatable location. Step outside and you’re minutes from the energy of Rainey Street, but far enough away to enjoy peace and quiet if that's what you prefer. It is the best of both worlds. Enjoy downtown dining and entertainment, and the Town Lake Trail, with Lady Bird Lake just beyond for paddle boarding, kayaking, and afternoons on the water. Inside, a bright, open floor plan is framed by floor-to-ceiling glass and high-end finishes throughout. The chef’s kitchen is designed for both everyday living and entertaining, featuring a large center island, Leicht cabinetry, built-in Wolf cooktop, wall oven, Scotsman ice maker and integrated Thermador refrigerator. Just off the living area, a built-in bar with mini fridge makes hosting effortless. Floor-to-ceiling sliding glass doors extend the living space to a large private balcony, creating an inviting connection between indoor and outdoor living. The spacious primary suite offers a private retreat with a spa-like ensuite bath, complete with dual vanity, walk-in shower, and generous walk-in closet. Residents of The Towers enjoy an exceptional collection of amenities, including indoor and outdoor pools, fitness center, racquetball court, sauna, community lounge, secure garage parking, and 24-hour concierge service. With downtown Austin, the lake, trails, and Rainey Street all within reach, this is city living at it's best.

Property Details

StatusActive
List DateSep 30, 2026
Year Built1983
Property TypeCondominium
HOA Fee$1,010/monthly
Tax (2026)$6,982.12

Listed by Michael Frost, Compass RE Texas, LLC

Source: Unlock MLS, MLS# 9122904

Information deemed reliable but not guaranteed.

Price History

ActiveMLS #9122904· 13 DOM
Listed by Compass RE Texas, LLC
Sep 30, 2026Listed for sale
$630,000+251.0%
$489/sqft
Show previous listings (2)▾
SoldMLS #551406
Listed by Garrison, Realtors
Aug 11, 2000
Day 25
Sold—
Jul 17, 2000Listed for sale
$179,500+25.0%
$139/sqft
Jul 17, 2000
Day 0
Pending
$179,500
$139/sqft
Listing removedMLS #521055· 112 DOM
Listed by Garrison, Realtors
Jan 24, 2000
Day 112
Listing removed—
Oct 4, 1999Listed for sale
$143,600
$111/sqft

Sold and leased prices aren't shown per Unlock MLS rules — reach out to Jacob for this info.

The Breakdown

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

24-hour conciergeIndoor and outdoor poolSecurity systemWeight room+ more
Explore more about The Towers of Town Lake →

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

$489/SF · this unit
$216median $264$373

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

13d · this unit
fastertypical 72dslower

On market 13 days — faster than the 72-day typical.

Reach out to Jacob for a deeper read on this unit →

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