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3 bed, 2 bath, 1,743 sqft on 0.03 acres in Downtown Austin. Austin, TX 78701. Last listed at $875,000, sold September 8, 2026. Austin ISD.
Rare waterfront residence at Towers of Town Lake offering sweeping views of Lady Bird Lake from nearly every room. Positioned in the desirable A Tower on the 10th floor, this home captures an open-water backdrop rarely available in downtown Austin at this price point. Thoughtfully updated with an opened kitchen flowing into the living and dining areas, custom wood cabinetry, copper sink, designer wall finishes, and distinctive architectural details including a reclaimed historic elevator door office entry and stained glass accents in the primary suite. Two premium first-floor parking spaces provide convenient direct access. Residents enjoy private, quiet living with attentive staff and extensive amenities. Just moments from Rainey Street Historic District, parks, trails, dining, and downtown conveniences—this is lakefront Austin living with exceptional value.
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts.
The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake.
The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views.
Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance.
Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
School District: Austin ISD
View Downtown Austin neighborhood guideVerified property facts
40 N I H 35 Unit #10A3 is zoned for Austin ISD with assigned schools: Mathews (elementary), O Henry (middle), Austin (high). School assignments should be verified directly with the district.
40 N I H 35 Unit #10A3 is a Residential built in 1983 featuring 3 bedrooms, 2 full bathrooms, 1,743 square feet, 0.03-acre lot.
40 N I H 35 Unit #10A3 was last listed at $502 per square foot across 1,743 sqft.
The most recent annual property tax for 40 N I H 35 Unit #10A3 is $13,598. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
40 N I H 35 Unit #10A3 was last listed at $875,000 and sold on September 8, 2026. The current MLS snapshot shows 211 active listings in 78701. Keenan Group has completed 12 verified transactions in 78701 within its 1,000+ completed transactions and $1B+ career volume across Austin.
#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.
25+ years advising buyers and sellers in this community
Listing information last updated July 24, 2026.
Listed by eXp Realty, LLC
MLS# 4710148 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
1 record on file
Every recorded listing, sale, and lease at 40 N I H 35 Unit #10A3, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Pending with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-27.5% | — | $563,373 | — | — |
2024-2.6% | — | $776,725 | $188,662 | $408,005 |
2023+46.5% | — | $797,140 | $188,662 | $588,063 |
2022-1.3% | — | $544,174 | $188,662 | $608,478 |
2021 | — | $551,592 | $188,662 | $355,512 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($175K)
Adjustable assumption - not a lending recommendation.
$875,000
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List price
$875,000
Price per sqft
$502/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$875K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Sep 8, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
40 N I H 35 Unit #10A3 was built in 1983 (43 years ago). Buyers should budget for potential updates to major systems.
The MLS listing reports HOA or association dues of $1,369 monthly for 40 N I H 35 Unit #10A3. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Downtown Austin is one of Austin's established neighborhoods, zoned for Austin ISD in the 78701 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Homes sold by Keenan Group.
5 events on record
Current Price
$875,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-27.5% | — | $563,373 | — | — |
2024-2.6% | — | $776,725 | $188,662 | $408,005 |
2023+46.5% | — | $797,140 | $188,662 | $588,063 |
2022-1.3% | — | $544,174 | $188,662 | $608,478 |
2021 | — | $551,592 | $188,662 | $355,512 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 1812 West Ave Unit #202 | $650K |
| 40 N Interstate 35 Unit #8B2 | $475K |
| 40 N Interstate 35 #5C3 | $500K |
| 555 East 5th ST Unit #2809 | $795K |
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Neighborhood guide and local insights
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts. The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake. The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views. Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance. Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
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