$325,000
2 bd · 2 ba · 1,360 sqft
40 N INTERSTATE HIGHWAY 35 #6D2, Austin, TX 78701
40 N INTERSTATE HIGHWAY 35 #6D2, Austin, TX 78701 is a 2-bedroom, 2-bathroom condominium listed at $325,000 ($239/sqft). 1,360 sqft. Built in 1983. Located in Rainey Street District, Austin TX. Priced 70% below the Rainey Street District median of $785/sqft. MLS #3360761. Listed by Spyglass Realty.
Property Overview
This two-bedroom, two-bathroom condominium at Interstate Highway 35 offers rare value in the heart of Austin's most dynamic neighborhood. Situated in the Towers at Town Lake complex in the Rainey Street District, the unit captures sweeping views of Lady Bird Lake while maintaining convenient access to the urban core. At $239 per square foot, this 1,360-square-foot residence presents an exceptional opportunity for buyers seeking downtown living at a fraction of comparable area pricing. The 1983-built property positions residents steps away from Rainey Street's legendary bar scene, upscale dining, and cultural venues, yet the complex's thoughtful landscaping and waterfront proximity provide welcome respite from the bustling nightlife just outside.
The Towers at Town Lake creates an ideal balance for those drawn to Austin's vibrant downtown but craving proximity to nature. Residents enjoy immediate access to Lady Bird Lake's trail system and green spaces, making it simple to shift between evening cocktails on Rainey Street and morning runs along the water. Two full bathrooms and functional floor plan accommodate various lifestyle needs, whether establishing a home base or investment property in one of Austin's most sought-after neighborhoods.
Vox Real Estate Insight
The Towers at Town Lake represents one of Austin's most undervalued downtown locations, offering Lady Bird Lake views and Rainey Street access at pricing that defies current market conditions. Vox Real Estate recognizes this listing's remarkable value proposition for buyer-investors seeking entry into the Rainey Street District without the premium price tags commanding nearby luxury high-rises.
Agent Description
Welcome to the Towers at Town Lake, where modern urban living meets natural beauty. Enjoy seamless access to Interstate Highway 35 while your complex offers stunning views of Lady Bird Lake. Just a short stroll from the vibrant Rainey Street, this expansive complex is surrounded by lush green spaces, creating a perfect balance of city life and tranquility. With everything you need right at your doorstep, come discover the perks of downtown living without the lofty price tag!
Neighborhood: Rainey Street District
This property is located in Rainey Street District, Austin, TX. The area is known for Historic Bungalow Bars, Lady Bird Lake Access, Luxury High-Rises, Skyline Views, Vibrant Nightlife.
At $239/sqft, this listing is priced 70% below the Rainey Street District median of $785/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 1983 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Living Area | 1,360 sqft |
| Lot Size | 1,059 sqft |
| Price / Sqft | $239 |
| Stories | One |
| Condition | Resale |
| Unit Style | Elevator, End Unit, High Rise (8-13 Stories), Neighbor Below, Single level Floor Plan |
| Subdivision | Towers Town Lake Condo Amd |
| County | Travis |
| MLS Area | DT |
| Listed | Aug 6, 2026 |
| MLS # | 3360761 |
| Listed By | Spyglass Realty |
Interior
| Appliances | Dishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Washer |
| Interior Features | Tile Counters, In-Law Floorplan, Primary Bedroom on Main, Walk-In Closet(s) |
| Windows | Double Pane Windows |
| Laundry | In Unit |
| Main-Level Bedrooms | 2 |
Systems & Utilities
| Cooling | Central Air |
| Heating | Central |
| Utilities | Cable Available, Electricity Connected, High Speed Internet, Phone Available, Underground Utilities, Water Connected |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | Concrete |
| Roof | Concrete |
| Foundation | Slab |
| Exterior Features | Balcony |
| Patio & Porch | Covered, Deck |
| Pool | Heated, In Ground, Indoor, Outdoor Pool |
| Fencing | Full |
| Lot Features | Greenbelt, Close to Clubhouse, Few Trees, Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft), Views |
| View | City, City Lights, Downtown |
| Faces | Northeast |
Parking
| Parking Spaces | 2 |
| Garage Spaces | 2 |
| Parking Features | Covered, Detached, Garage, Gated, Parking Lot, Reserved |
Community & HOA
| HOA | Yes |
| HOA Name | Towers At Town Lake |
| HOA Fee | $1,061 / Monthly |
| Fee Includes | Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Security, Trash |
| Community Features | Concierge, Conference/Meeting Room, Fitness Center, High Speed Internet, Pool, Property Manager On-Site, Racquetball, Sauna, Sidewalks, Underground Utilities |
| Security | 24 Hour Security, Gated with Guard, Security Guard |
Assigned Schools
| Elementary | Mathews |
| Middle | Martin |
| High | Austin |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2026 |
| Annual Tax | $7,356 |
| Assessed Value | $487,042 |
| Parcel # | 02010402160088 |
| Legal Description | UNT 6D2 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .462% INT IN COMMON AREA |
| FEMA Flood Plain | No |
| In ETJ | No |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 40 N INTERSTATE HIGHWAY 35 #6D2, Austin, TX 78701?
This property is listed at $325,000, which is $239 per square foot. That is 70% below the Rainey Street District area median of $785/sqft.
How many bedrooms and bathrooms does 40 N INTERSTATE HIGHWAY 35 #6D2, Austin, TX 78701 have?
This home has 2 bedrooms and 2 bathrooms, with 1,360 square feet of living space.
When was 40 N INTERSTATE HIGHWAY 35 #6D2, Austin, TX 78701 built?
This property was built in 1983, making it 43 years old.
What neighborhood is 40 N INTERSTATE HIGHWAY 35 #6D2, Austin, TX 78701 in?
This property is in Rainey Street District, Austin, TX. The area is known for historic bungalow bars, lady bird lake access, luxury high-rises.
How long has 40 N INTERSTATE HIGHWAY 35 #6D2, Austin, TX 78701 been on the market?
This listing has been on the market for 6 days. This is a recent listing.
What type of property is 40 N INTERSTATE HIGHWAY 35 #6D2, Austin, TX 78701?
This is a Condominium on a 1,058.51 sqft lot.