$29,000
 $156 est/mo Sourced by Back At You

40 N Interstate 35 Hwy #pa1,Austin, TX 78701

Austin, TX 78701

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Description

This sprawling 6,260-square-foot penthouse offers an unparalleled standard of space, privacy, and classic elegance in downtown Austin. Arriving via two secure, dedicated elevators that open directly into the residence, you are immediately greeted by expansive, panoramic views of Lady Bird Lake and the downtown skyline, which can be enjoyed from four private balconies situated throughout the property. The penthouse features three distinct living rooms, two formal dining rooms, a private movie theater, and a dedicated executive office that easily serves as a fifth bedroom with its own full bath. The layout encompasses four bedrooms, each with its own walk-in closet and dedicated full bathroom, providing ultimate convenience and privacy. The interior showcases traditional, timeless craftsmanship, highlighted by rich, all-wood flooring throughout the main areas and plush carpeting reserved for just two of the bedrooms. Fully turnkey for a minimum 12-month lease, the home has been refreshed with recent paint and includes premium appliances. Logistical convenience is unmatched, featuring six premium parking spaces positioned as the very first spots upon entering the covered garage. Situated in the absolute best location downtown, the property sits just a few steps from the Lady Bird Lake trails, the vibrant Rainey Street district, and premier area dining and shopping. Residents also enjoy 24/7 concierge service and elite building amenities, including indoor racquetball and basketball courts, cardio and weight rooms, indoor and outdoor pools, sauna, billiards room, and a library.

Details

MLS #6237938
Listing TypeFor Lease
StyleCondominium
StatusActive
Year1983
Days On Site34
Listing Provided ByHills and Views LLC | Rosy Orozco

Features

Bed(s)4
Bath(s) 5 Total
SQ Feet6,260
Garage6
Story(s)1
Units183
Acreage0.11
Water FrontYes
Property ViewSee Remarks, City Lights, Downto

Interior

Interior FeaturesTwo Primary Baths, Two Primary Suties, Bar, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Granite Counters, Double Vanity, Eat-in Kitchen, Elevator, High Speed Internet, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Two Primary Closets, Walk-In Closet(s), Wet Bar, Wired for Sound, See Remarks
CoolingCentral Air
HeatingCentral
AppliancesBar Fridge, Built-In Electric Oven, Built-In Freezer, Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Exhaust Fan, Freezer, Microwave, See Remarks, Washer/Dryer, Wine Refrigerator
Fireplace FeaturesGreat Room, Wood Burning, See Remarks
Fireplaces Total1
Window FeaturesAluminum Frames, Screens, Skylight(s)
FlooringCarpet, Tile, Wood
FurnishedUnfurnished

Exterior

Exterior FeaturesBalcony, Restricted Access
RoofConcrete
Foundation DetailsSlab
Lot FeaturesGreenbelt, Landscaped, Views, See Remarks
Patio And Porch FeaturesCovered, See Remarks
FencingNone
Construction MaterialsConcrete, Plaster
Security FeaturesBuilding Security, Closed Circuit Camera(s), Fire Alarm, See Remarks

Parking

Parking FeaturesAssigned, Covered, Garage, Gated, Guest, Reserved, See Remarks
Garage Spaces6

Utilities

UtilitiesSee Remarks, Electricity Connected, High Speed Internet, Water Connected
SewerPublic Sewer

Other

List AorAustin Board Of Realtors

Area Information

StateTX
CountyTravis
CityAustin
Zip Code78701
AreaDT
Community NameTowers Town Lake Condo Amd
School DistrictAustin ISD
Elementary SchoolMathews
High SchoolAustin
Listing VS Median (in Towers Town Lake Condo Amd)
Price:
$29,000
low | high
Med:
$499,000
100% of Average
sqft:
6,260
low | high
Med:
1,459
100% of Average
$ / sqft:
$5
low | high
Med:
$342
100% of Average
On site:
34
low | high
Med:
79
43.037974683544% of Average
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 23, 2026 at 12:53:22 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78701
AreaDT
Community NameTowers Town Lake Condo Amd
School DistrictAustin ISD
Elementary SchoolMathews
High SchoolAustin
Listing VS Median (in Towers Town Lake Condo Amd)
Price:
$29,000
low | high
Med:
$499,000
100% of Average
sqft:
6,260
low | high
Med:
1,459
100% of Average
$ / sqft:
$5
low | high
Med:
$342
100% of Average
On site:
34
low | high
Med:
79
43.037974683544% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $21K - $36K
sqft: 4,500 - 7,500
Listing Updated: July 23, 2026 at 1:20:33 PM PDT