$610,000

Property Overview

This upper-floor condo at the Towers of Town Lake showcases the best of downtown Austin living from a prime Rainey Street District location. Floor-to-ceiling windows flood the 1,459-square-foot residence with natural light and frame stunning downtown skyline views, while the thoughtfully designed split-bedroom layout maximizes separation between the two bedrooms and two full bathrooms. At $418 per square foot, this property sits significantly below the neighborhood median, offering exceptional value in one of the city's most sought-after addresses.

Situated on nearly seven acres of landscaped grounds behind a gated entrance, this residence delivers resort-style living steps from Rainey Street's vibrant nightlife, historic bungalow bars, and direct access to the new Rainey Street Trailhead connecting to Lady Bird Lake. The Towers of Town Lake community provides an impressive array of amenities including multiple pools, fitness facilities, and extensive green space that create a rare sanctuary just minutes from downtown Austin's energy and culture.

Vox Residential Insight

The Towers of Town Lake represents a unique opportunity in Rainey Street District—you're getting premium location and amenities at a price point that's nearly half the neighborhood's median, making this one of the best-positioned values we've seen in this market. From Vox Residential's perspective, this property appeals to buyers seeking the downtown Austin lifestyle without downtown price tags, particularly those who value gated community privacy paired with walkable access to the lake and Rainey Street's entertainment scene.

Agent Description

*** Agent is also owner ** Welcome to the Towers of Town Lake, where resort-style amenities, expansive green space, and one of downtown Austin's most desirable locations come together to create an exceptional lifestyle. This upper-floor residence offers 1,459 square feet with two bedrooms, two full bathrooms, and a thoughtfully designed split-bedroom floor plan that provides excellent separation of space. Floor-to-ceiling windows in the living room fill the home with natural light while showcasing beautiful downtown skyline views. Situated behind a gated entrance on nearly seven acres of landscaped grounds, the Towers of Town Lake offers a rare sense of privacy and open space just minutes from downtown. Enjoy convenient access to the new Rainey Street Trailhead, connecting you to Lady Bird Lake, miles of hike-and-bike trails, parks, restaurants, entertainment, and the best of downtown Austin. Residents enjoy an outstanding collection of amenities, including indoor and outdoor pools, a fitness center, beautifully maintained common areas, 24-hour concierge service, on-site management and maintenance staff, and two deeded parking spaces. The homeowner's association is financially strong, with healthy reserve funding, ongoing capital improvements, and a comprehensive 15-year structural improvement plan that reflects a commitment to the property's long-term stewardship. Offering significantly more living space than many newer downtown condominiums, combined with extensive amenities, generous green space, a gated setting, and an exceptional location, this residence presents a rare opportunity to enjoy downtown Austin living at an outstanding value.

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 $418/sqft, this listing is priced 48% below the Rainey Street District median of $800/sqft.

Property Details

Listing data last updated: July 16, 2026

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