40 Interstate 35 Unit PD1, Austin TX 78701 | Towers of Town Lake

April 30, 2011

We have recently listed 40 N Interstate 35, Unit PD1, Austin TX 78701. This penthouse condo at Towers of Town Lake offers breathtaking panoramic views of downtown Austin, and has been extensively upgraded for the most discerning buyer. Enjoy downtown Austin living at its finest, with sweeping views from every window of this condo near the Rainey District.

  • Austin MLS # 2609451
  • 1533 Square Feet Penthouse Condo
  • 2 bedrooms, 2 bathrooms
  • Completely remodeled with luxury finishes
  • 40 Interstate 35 Unit PD1 Features

    Features of Unit PD1 include bamboo hardwood and designer tile flooring throughout, granite kitchen with stainless steel Bosch appliances, and a spectacular master bedroom suite complete with a boutique-style master bathroom combination that simply must-be-seen!

    40 Interstate 35 Unit PD1 Pictures

    Click on any picture below to download a hi-res version.

    Milago Condos Offer Guaranteed Views on Select Units

    December 18, 2010

    Milago Condos in downtown Austin have always been one of my favorite buildings to show. The residents are always friendly, and walking around the building you notice the condo is definitely dog-friendly and the concierge always greets you with a smile. My buyers notice this and have many times told me that the Milago gives them an overall “good feeling.”

    For Guaranteed Lady Bird Lake Views, Choose Milago

    One other thing that buyers have a good feeling about is that they know when they buy one of the units that face Lady Bird Lake, they will always have an unobstructed view. This appeals to them because there are other downtown Austin condos that have views that can potentially change as soon as a new building comes up.

    Which Views Are The Best From Milago, City or Lake?

    The Milago units offer varying views based on the units position in the building. Of course, located right on the Town Lake hike and bike trail, some of the units offer views of the lake – some are very expansive, beautiful views, depending on what level you are on. Other condos face toward the other downtown Austin buildings and others even face toward the I-35. While many may assume that the lake views are the best, it really all depends on who you ask…I’ve found that some of my clients prefer the highway views!

    What view would you prefer – lake or downtown buildings? What price tag would you place on a view from the 3rd floor vs. the 13th floor? I’m interested to hear your opinions on this!

    And, if you’d like to tour some of the available units for sale in Milago, or have a Milago condo to sell, contact me today.

    Downtown Austin Condos Sales Report – August 2010

    September 16, 2010

    We have received numerous inquiries recently about how downtown Austin condos have been selling this summer, so we decided to start keeping track of the recent sales, and providing those statistics to our readers.  Here are the recent sales stats for Downtown Austin condos for the month of August, 2010:

    Property Type: Residential Status: Sold Number of Properties: 16
      Beds Baths SqFt Listing Price LP/SqFt Selling Price SP/SqFt SP/LP SP/OLP DOM
    High 3 2 2,487 $1,250,000 $502.61 $1,125,000 $452.35 100% 100% 286
    Low 1 1 608 $99,900 $164.31 $95,000 $156.25 88.2% 90% 9
    Average 1 1 1,056 $350,269 $313.07 $330,088 $297.65 94.89% 94.82% 57
    Median 1 1 908 $282,450 $308.18 $278,450 $298.64 95.2% 94.25% 44

     

    As you can see, the median price per square foot for downtown Austin condos was at $298.64 for the month of August, 2010.  Units stayed on the market for about 44 days, and there were 16 condos that sold for the month.

    Next month, we will take another look at the Downtown Austin condos for the month of September, 2010, and compare them to August’s numbers to look for market trends.

    30 Newest Condo Listings in Downtown Austin

    May 11, 2010

    Downtown Austin Condos

    Below are the 30 newest Downtown Austin condos that are listed on the Austin MLS, including rentals and sales.  Despite recent condo auctions, demand for Downtown Austin condos has remained steady.  It has been argued that there is a relative shortage of available units compared to the projected increase in population in the downtown area over the next several years.  This makes for a compelling argument for buying and holding downtown Austin real estate.

    Please contact us for additional information regarding any of the listings shown below or to schedule a showing.

    New Downtown Austin Listings

    Showing properties 1 - 30 of 126. See more Downtown Austin MLS Listings.
    (all data current as of 2/4/2012)

    1. 2 beds, 2 full baths
      Home size: 1,897 sq ft
      Lot size: 261 sq ft
    2. 2 beds, 2 full baths
      Home size: 1,459 sq ft
      Lot size: 1,132 sq ft
    3. 1 bed, 1 full bath
      Home size: 728 sq ft
      Lot size: 87 sq ft
    4. 3 beds, 2 full, 1 part baths
      Home size: 3,498 sq ft
    5. 2 beds, 2 full baths
      Home size: 1,358 sq ft
      Lot size: 130 sq ft
    6. 2 beds, 3 full baths
      Home size: 1,714 sq ft
      Lot size: 348 sq ft
    7. 2 beds, 1 full, 1 part baths
      Home size: 912 sq ft
      Lot size: 217 sq ft
    8. 2 beds, 2 full, 1 part baths
      Home size: 1,423 sq ft
    9. 2 beds, 2 full baths
      Home size: 998 sq ft
      Lot size: 130 sq ft
    10. 1 bed, 1 full bath
      Home size: 715 sq ft
      Lot size: 130 sq ft
    11. 3 beds, 2 full baths
      Home size: 1,478 sq ft
      Lot size: 1,132 sq ft
    12. 2 beds, 2 full baths
      Home size: 1,125 sq ft
      Lot size: 871 sq ft
    13. 2 beds, 2 full baths
      Home size: 1,221 sq ft
      Lot size: 174 sq ft
    14. 2 beds, 2 full baths
      Home size: 1,059 sq ft
      Lot size: 130 sq ft
    15. 2 beds, 2 full baths
      Home size: 1,533 sq ft
      Lot size: 1,219 sq ft
    16. 5 beds, 4 full baths
      Home size: 3,800 sq ft
      Lot size: 1,263 sq ft
    17. 1 bed, 1 full bath
      Home size: 749 sq ft
      Lot size: 566 sq ft
    18. 2 beds, 2 full baths
      Home size: 1,459 sq ft
      Lot size: 1,132 sq ft
    19. 2 beds, 1 full bath
      Home size: 27,018 sq ft
      Lot size: 40,859 sq ft
    20. 1 bed, 1 full bath
      Home size: 1,071 sq ft
      Lot size: 827 sq ft
    21. 2 beds, 2 full baths
      Home size: 1,221 sq ft
      Lot size: 174 sq ft
    22. 2 beds, 2 full baths
      Home size: 1,288 sq ft
      Lot size: 1,001 sq ft
    23. 2 beds, 2 full baths
      Home size: 1,244 sq ft
      Lot size: 174 sq ft
    24. 1 bed, 1 full bath
      Home size: 674 sq ft
      Lot size: 87 sq ft
    25. 1 bed, 1 full bath
      Home size: 753 sq ft
      Lot size: 130 sq ft
    26. 1 bed, 1 full bath
      Home size: 574 sq ft
      Lot size: 435 sq ft
    27. 2 beds, 2 full baths
      Home size: 1,280 sq ft
      Lot size: 174 sq ft
    28. 2 beds, 1 full, 1 part baths
      Home size: 1,097 sq ft
      Lot size: 28,749 sq ft
    29. 2 beds, 2 full, 1 part baths
      Home size: 1,926 sq ft
      Lot size: 130 sq ft
    30. 2 beds, 2 full baths
      Home size: 1,115 sq ft
      Lot size: 130 sq ft

    Listing information deemed reliable but not guaranteed. Read full disclaimer.

    Auction Details for Sabine on Fifth Condos in Downtown Austin

    February 24, 2010

    The 27 remaining Sabine on Fifth condos in Downtown Austin are going on the auction block on February 28, 2010 at 1pm at the Hilton Austin Downtown, located at 500 East 4th Street.

    Registration for Sabine Auction

    Registration is required to be eligible to attend and bid on auction day.  Registration deadline is February 25, 2010 at 5pm.  Please contact us for information about registration, and we can provide you with an auction packet and quickly get you registered so you can attend and place bids.

    Deposit for Sabine Auction

    For each unit that you intend on bidding on, you will need a $2,500 cashier’s check payable to Heritage title Company.  Total depost required for each unit will be 3% if you’re bidding and win one home, and 5% if you bid and win on multiple units.

    Sabine HOA

    Each winning bidder (new owner) will become a member of the Sabine on Fifth Residential Condominium Association.  Monthly fees range from $275 to $580, depending on floor plan and unit.  (Average monthly HOA fee per square foot is $.02477)

    Closing Incentives

    If you use their preferred lender, Bank of America Home Loans or Colonial National Mortgage, and close within 45 days, winning bidder will receive $3,000 toward non-recurring closing costs from the seller.

    How Do I Become a Bidder on the Sabine Condo Auction?

    Please contact us or me directly at 512-740-8279 and we can walk you through the auction registration process.  We have been to Kennedy Wilson auctions with clients in the past, and are knowledgeable about the bidding process and can provide you with comps and other pertinent information.

    Thank You to All Attendees of Brewing Hope’s Austin Pub Crawl!

    February 7, 2010

    Team Ensor would like to thank everyone who came out to enjoy a beautiful Austin afternoon with friends and brews yesterday at the Brewing Hope event in Austin, TX.  We had a great time, and it was fun getting to meet all of you who participated!

    We look forward to the next Brewing Hope event here in Downtown Austin.  But for those of you who can’t wait that long, check out Brewing Hope events coming soon to cities all around America!

    We are very excited to have been able to sponsor the Brewing Hope event yesterday.  Team Ensor plans on sponsoring other events in the near future here in Austin, and we’ll keep you posted once we get a schedule!

    Thanks again, and we’ll see you all soon!

    Austin Pub Crawl for Charity is Now Enrolling Teams!

    December 14, 2009

    Austin Pub Crawl for Charity

    Brewing Hope is hosting its first of many nation-wide charity pub crawl events here in Austin TX on February 6, 2010, and they have started enrolling pub crawl teams now!  Come out and support Brewing Hope on their mission to raise money for MS, and spend a Saturday afternoon with good friends and brews.  Downtown Austin bars participating in this roll-out event include J-Black’s, Key Bar, Tiniest Bar in Texas, Molotov, and The Ranch.

    Team enrollment for the Austin pub crawl is sure to fill up fast, so get on board now and create your team!

    How do I start my Austin pub crawl team?

    Click here to jump directly to their team signup page, and to read the official rules and FAQ about what’s sure to be a great event.

    Team Ensor is proud to sponsor this event that’s raising money for a very worthy cause, and we hope to see you all there!

    Charity Pub Crawls

    Recent Sales Data for Downtown Austin Real Estate

    December 9, 2009

    Downtown Austin Real Estate – November 2009 Sales Report

    The following sales data for Downtown Austin real estate includes condos that sold between November 1, 2009 and November 30, 2009. Data was taken from Austin MLS Area DT. Note that the recent sales data below is solely for Downtown Austin condos. Keep in mind that these numbers are the highs, lows, averages, and median numbers for this area. For specific comps in Downtown Austin, Contact Team Ensor and one of our team members will contact you.

    Property Type: Residential Status: Sold Number of Properties: 13
      Beds Baths SqFt Listing Price LP/SqFt Selling Price SP/SqFt SP/LP SP/OLP DOM
    High 2 2 1,714 $575,000 $396.07 $554,750 $380.31 100% 99.5% 300
    Low 1 1 454 $115,000 $164.38 $110,600 $164.38 90.2% 70.6% 1
    Average 2 2 1,022 $302,994 $299.75 $292,018 $288.65 96.38% 91.14% 78
    Median 2 2 956 $282,000 $300.69 $272,000 $274.91 96.6% 93.8% 60