40 N Interstate 35 Highway #PA1
Austin, TX 78701

$29,000 (Rental)

Beds: 4
Baths: 4 | 1
Sq. Ft.: 6,260
Type: Rental
Listing #6237938
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.
Property Features
Location Information
County: Travis
County: Travis
Area: DT
Subdivision: Towers Town Lake Condo Amd
Directions: Southbound I-35, Exit# 234B Cesar Chavez exit Holly, stay on access road through 2 lights, turn right into the complex before the Chevron, call concierge at gated entrance who will grant access.
Interior Features
Interior: Wet Bar, Breakfast Bar, Bookcases, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Elevator, Granite Counters, High Speed Internet, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Multiple Primary Suites, M
Primary Bedroom On Main: Yes
Full Baths: 4
1/2 Baths: 1
Has Dining Room: Yes
Has Fireplace: Yes
Number of Fireplaces: 1
Fireplace Description: Great Room, See Remarks, Wood Burning
Heating: Central
Floors: Carpet, Tile, Wood
Laundry: Laundry Room, In Unit, See Remarks
Disabled Features: None
Appliances: Built-In Electric Oven, Bar Fridge, Built-In Refrigerator, Cooktop, Dryer, Dishwasher, Exhaust Fan, Built-In Freezer, Freezer, Disposal, Microwave, See Remarks, Wine Refrigerator, Washer
Total Number of Units: 183
Accessibility: None
Exterior Features
Style: Concrete, Plaster
Stories: 1
Is New Construction: No
Construction/Exterior: Concrete, Plaster
Exterior: Balcony
Foundation: Slab
Water / Sewer: Public Sewer
Water: Public
Parking Description: Assigned, Garage, Gated, See Remarks, Covered, Guest
Garage Spaces: 6
Fencing: None
Has a Pool: Yes
Lot Size in Acres: 0.112
Waterfront Description: None
Has Waterfront: No
Has View: Yes
View: City Lights, City, Park/Greenbelt, Lake, River
Is One Story: Yes
School
Elementary School District: Austin ISD
Elementary School: Mathews
Middle School: O Henry
High School: Austin
Additional Information
Roof/Attic: Concrete
Other Utilities: Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, See Remarks, Water Connected
Gated: Yes
Property Type: RNT
Property SubType: Condominium
Year Built: 1983
APN: 02010402160172
Status: Active
Pets: Cats OK, Dogs OK, Negotiable, Size Limit
Amenities: Concierge
Square Feet Source: Public Records

Listing Courtesy of: Hills and Views LLC (512) 994-4618

© 2026 Austin Board of REALTORS® (ACTRIS). All rights reserved.
Listings courtesy of APPLICABLE MLS as distributed by MLSGRID. Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by the 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS® ACTRIS and their affiliates provide the MLS and all content therein " AS IS" and without any warranty, express or implied. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from ACTRIS through the date and time shown below.
Unlock MLS data last updated at July 24, 2026, 8:03 PM CT

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