40 N Interstate 35 Highway Unit: PA1

Austin TX, 78701

Photo 1 of 40

$23,900 per month


4 bed(s)

5 bath(s)

6,260 sq ft

MLS: 6237938

Application Fee: $85.00


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General Information

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. Live and work with the best views in town. 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.

Property Description

  • Towers Town Lake Condo Amd
  • $29,000
  • 1983
  • Case By Case Basis
  • 1

School Information

  • Austin ISD
  • Austin ISD
  • Austin ISD

Map & Directions

Required Documentation

  • Drivers License/ID/Passport
  • Previous 2 Months Paystubs

Tenant Selection Criteria

Requirement Qualifications: Your Gross Monthly Income should be three (3) times the monthly rent amount or greater and verifiable. Legally married couples and roommates may combine incomes.

Rental History: You must list your last two (2) landlord's information. You must give your current landlord a written Notice to Vacate to the prior processing of your application. Current and previous residencies must be verifiable, free of evictions, judgments, and unpaid rents. A previous breached lease may result in application denial.

Proof of Income: Submit four (4) of your most recent pay stubs. If a new hire, submit on employer's company letterhead your hire date, gross monthly income and signature of Human Resources or Supervisor. If self-employed, provide the last two (2) year's tax returns or 1099's.

Credit History: To determine satisfactory credit worthiness, we obtain a report from a credit-reporting agency. A bankruptcy must be discharged for at least two (2) years.

Criminal History: No one convicted of a violent or property crime, or any felony, will be approved.

Prior to move in, tenants may be required to provide proof of Renter's Insurance listing the landlord as an Additional Insured.

Listing provided by: Austin MLS, © 2026 Certain information contained herein is derived from information which is the property of and copyrighted by Austin MLS Information should be independently verified.

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