40 N Interstate 35 Highway Unit #7A2, Austin, TX 78701

Welcome to your serene urban retreat in the Rainey District, a spacious 2-bedroom, 2-bath residence with sweeping northern city views from every room. Enjoy morning walks along Lady Bird Lake, relaxed afternoons in the park across the street, or vibrant evenings on Rainey Street, just steps from your door.

Set on five acres of beautifully maintained private grounds, this landmark community offers space and serenity rarely found downtown. Amenities include 24-hour concierge and security, a conference room, library, fitness center, racquetball court, and a resort-style indoor/outdoor pool and spa.

This well-kept condo is move-in ready yet offers excellent potential for personal updates or modern renovations.

As one of downtown Austin’s first condominium developments, this community stands out for its expansive, privately owned grounds, providing lasting privacy and city views. Experience the best of both worlds—vibrant downtown living surrounded by open, green space.

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.