$409,000
2 bd · 2 ba · 1,288 sqft
40 Interstate 35, Austin, TX 78701
40 Interstate 35, Austin, TX 78701 is a 2-bedroom, 2-bathroom condominium listed at $409,000 ($318/sqft). 1,288 sqft. Built in 1983. Located in Rainey Street District, Austin TX. Priced 62% below the Rainey Street District median of $830/sqft. MLS #1469576. Listed by DENNY HOLT REALTORS.
Property Overview
This south-facing third-floor unit at 40 Interstate 35 offers direct access to the energy and lifestyle of Austin's Rainey Street District at an exceptional value. The two-bedroom, two-bath condominium spans 1,288 square feet and delivers an ideal location for those seeking vibrant downtown living without the premium price tag—priced significantly below area median for the neighborhood. Positioned in the "B" Building, the unit sits far enough from I-35 to capture the district's best elements while maintaining peaceful distance from major traffic.
The complex rivals many luxury high-rises with its extensive amenities: dual pools, a full fitness center with cardio and weight training, library, billiard room, racketball court, and multiple meeting spaces. From the home, residents cross into the Lady Bird Lake hike and bike trail system in moments, offering unmatched outdoor recreation. The Rainey Street District's historic charm—anchored by beloved bungalow bars and rooftop venues—surrounds the property, alongside modern dining and nightlife options that define contemporary Austin living.
Vox Residential Insight
This property represents a rare convergence of Rainey Street lifestyle and affordability; the location bridges downtown energy with functional neighborhood living at a fraction of comparable square footage in the district. At Vox Residential, we recognize that the I-35 proximity here is actually an advantage for accessibility rather than a drawback, making this a smart acquisition for investors and owner-occupants alike.
Agent Description
South facing unit, third floor in "B" Building which is the second in from Rainey Street (third building away from IH35). Amenities include one indoor/one outdoor pool, a cardio exercise room, weight room, library, meeting rooms, billiard room, racketball court. Walk through gate and cross street to Lady Bird Lake hike & bike trails
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 $318/sqft, this listing is priced 62% below the Rainey Street District median of $830/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 1983 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Living Area | 1,288 sqft |
| Lot Size | 1,010.59 sqft |
| Price per Sqft | $318 |
| Listed | Mar 3, 2026 |
| MLS # | 1469576 |
| Listed By | DENNY HOLT REALTORS |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 40 Interstate 35, Austin, TX 78701?
This property is listed at $409,000, which is $318 per square foot. That is 62% below the Rainey Street District area median of $830/sqft.
How many bedrooms and bathrooms does 40 Interstate 35, Austin, TX 78701 have?
This home has 2 bedrooms and 2 bathrooms, with 1,288 square feet of living space.
When was 40 Interstate 35, Austin, TX 78701 built?
This property was built in 1983, making it 43 years old.
What neighborhood is 40 Interstate 35, 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 Interstate 35, Austin, TX 78701 been on the market?
This listing has been on the market for 63 days.
What type of property is 40 Interstate 35, Austin, TX 78701?
This is a Condominium on a 1,010.59 sqft lot.