$499,000
2 bd · 2 ba · 1,459 sqft
40 N Interstate 35 Highway #8C4, Austin, TX 78701
40 N Interstate 35 Highway #8C4, Austin, TX 78701 is a 2-bedroom, 2-bathroom condominium listed at $499,000 ($342/sqft). 1,459 sqft. Built in 1983. Located in Rainey Street District, Austin TX. Priced 56% below the Rainey Street District median of $785/sqft. MLS #7408657. Listed by DEN Property Group.
Property Overview
Perched on the eighth floor of Towers of Town Lake in the heart of Austin's Rainey Street District, this two-bedroom condominium commands unobstructed views of Lady Bird Lake and the surrounding greenbelt. Floor-to-ceiling windows frame the water and landscape from the living room, private balcony, and both bedrooms, delivering the kind of vista typically found in properties priced far higher. The 1,459-square-foot residence features an open floor plan with hardwood flooring, a separate dining area, and a breakfast bar anchoring a well-appointed kitchen equipped with wood cabinetry and full appliances that convey with the sale.
The split-bedroom layout prioritizes privacy, with each bedroom positioned on opposite ends of the home and both offering walk-in closets. An in-unit laundry room with full-size washer and dryer eliminates trips to communal facilities, while two assigned garage spaces provide convenient parking. Residents enjoy access to resort-style amenities including a heated pool, hot tub, fitness center, concierge service, and gated security. Positioned on Interstate 35 Highway at the edge of downtown Austin's most vibrant district, this address sits steps from historic bungalow bars, the Lady Bird Lake Hike-&-Bike Trail, and luxury high-rises, offering an exceptional value proposition at 56 percent below the area median price per square foot.
Vox Real Estate Insight
This lake-view condo represents one of the strongest value opportunities currently available in downtown Austin, particularly for buyers seeking the Rainey Street District lifestyle without the premium pricing typical of newer luxury developments. The team at Vox Real Estate recognizes that the eighth-floor positioning and water-facing orientation create an enviable living experience that appeals to both downsizers and investors seeking stable, long-term rental potential
Agent Description
***PRICE IMPROVEMENT! PRICED TO SELL*** Enjoy elevated downtown living at Towers of Town Lake, where Residence No. 8C4 offers a rare lake-facing home on the eighth floor with resort-style amenities and an unbeatable address along the Lady Bird Lake Hike-&-Bike Trail. ***Eighth-Floor Lake Views*** A high floor facing the water means open views of Lady Bird Lake and the greenbelt from the living room, private balcony, and both bedrooms — a million-dollar-plus view at half the cost. ***Larger, Open Floor Plan*** Approximately 1,459 square feet of hardwood-floored living, with a spacious living room open to a separate dining area, all wrapped in floor-to-ceiling glass. ***Full Kitchen with In-Home Laundry*** The kitchen offers wood cabinetry, tile counters, a breakfast bar, and a full appliance suite, plus a dedicated laundry room with full-size washer and dryer — the refrigerator, washer, and dryer all convey. ***True Split Plan*** Two bedrooms on separate sides of the home for privacy — both facing the lake — with two full baths, a walk-in closet, and generous built-in storage throughout. ***Classic Original Finishes — Your Blank Canvas*** Clean and move-in ready, priced on view, value, and location so you can make it your own over time. ***24/7 Concierge & Resort-Style Amenities*** Two pools including an indoor heated pool, plus a spa, sauna, sport court, two workout rooms, a community library, and concierge service in a gated community. ***Prime Location*** Walk to Lady Bird Lake, downtown Austin, and the vibrant Rainey Street District from the calm of a gated address. Come for the view, stay for the lifestyle.
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 $342/sqft, this listing is priced 56% below the Rainey Street District median of $785/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 1983 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Living Area | 1,459 sqft |
| Lot Size | 1,128 sqft |
| Price / Sqft | $342 |
| Stories | One |
| Condition | Resale |
| Unit Style | 3rd+ Floor Entry, Elevator |
| Subdivision | Towers Town Lake Condo Amd |
| County | Travis |
| MLS Area | DT |
| Listed | Jun 5, 2026 |
| MLS # | 7408657 |
| Listed By | DEN Property Group |
| Contact | (512) 222-3364 |
Interior
| Flooring | Carpet, Tile, Wood |
| Appliances | Built-In Oven(s), Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Free-Standing Range, Refrigerator, Electric Water Heater |
| Interior Features | Breakfast Bar, Elevator, Entrance Foyer, In-Law Floorplan, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s) |
| Windows | Window Treatments |
| Laundry | In Kitchen, Laundry Room, Main Level |
| Main-Level Bedrooms | 2 |
| Living Areas | 1 |
| Dining Areas | 1 |
Systems & Utilities
| Cooling | Central Air |
| Heating | Central |
| Utilities | Electricity Available |
| Water Source | MUD, Public |
| Sewer | Public Sewer |
| Energy Efficient | Other/See Remarks |
Exterior & Lot
| Construction | Masonry – Partial |
| Exterior Features | Basketball Court, Exterior Steps |
| Pool | Heated, In Ground |
| Private Pool | Yes |
| Waterfront | Yes |
| Lot Features | Sprinkler - Automatic, Trees-Heavy |
| View | Lake, River |
| Faces | South |
Parking
| Parking Spaces | 2 |
| Garage Spaces | 2 |
| Covered Spaces | 2 |
| Parking Features | Assigned, Garage |
Community & HOA
| HOA | No |
| HOA Name | Towers Town Lake Condo |
| Community Features | Concierge, Controlled Access, Fitness Center, Gated, Kitchen Facilities, Library, Pool, Hot Tub |
| Security | Fire Alarm, Smoke Detector(s) |
Assigned Schools
| Elementary | Mathews |
| Middle | Martin |
| High | Austin |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2026 |
| Annual Tax | $8,391 |
| Assessed Value | $553,791 |
| Parcel # | 02010402160115 |
| Legal Description | UNT 8C4 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .496% INT IN COMMON AREA |
| FEMA Flood Plain | No |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 40 N Interstate 35 Highway #8C4, Austin, TX 78701?
This property is listed at $499,000, which is $342 per square foot. That is 56% below the Rainey Street District area median of $785/sqft.
How many bedrooms and bathrooms does 40 N Interstate 35 Highway #8C4, Austin, TX 78701 have?
This home has 2 bedrooms and 2 bathrooms, with 1,459 square feet of living space.
When was 40 N Interstate 35 Highway #8C4, Austin, TX 78701 built?
This property was built in 1983, making it 43 years old.
What neighborhood is 40 N Interstate 35 Highway #8C4, 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 35 Highway #8C4, Austin, TX 78701 been on the market?
This listing has been on the market for 76 days.
What type of property is 40 N Interstate 35 Highway #8C4, Austin, TX 78701?
This is a Condominium on a 1,128.2 sqft lot.