Austin  Standard
BuildingsTowers of Town Lake
Downtown Core · Downtown Austin

Towers of Town Lake

40 N IH 35 · 78701

6.95/ 10 Standard Score
Bronze tierRanked #34 of 34 scored towers
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Towers of Town Lake is a 13-story condominium tower in Downtown Core, downtown Austin, completed in 1983. It holds 175 residences, rising about 143 feet at 40 N IH 35.

On the Austin Standard, Towers of Town Lake earns a Standard Score of 6.95, placing it in the Bronze tier and ranking #34 of 34 scored downtown buildings. Its strongest dimensions are Location (9.0) and Social (7.6); the lowest is Amenities (6.0).

The numbers

Built
1983
Floors
13
Units
175
Height
143 ft

Inside the building

Every unit on record at Towers of Town Lake, by floor — assessed $/sqft, sizes, and values. Tap a floor to expand, then a unit for its detail.

Building value trend (median)

+16% 20212025
2021 · $453k2026 (prelim) · $410k

TCAD appraised (market) value by tax year — a relative signal of how the county values this property over time, not a sale price (Texas is non-disclosure). The 2026 value is preliminary (pre-protest) and typically settles lower once certified.

Score breakdown

Seven dimensions, each scored 0–10, averaged into the Standard Score.

LocationWalk, transit and bike access, averaged.
9.0
AgeNewer construction scores higher, on a fixed curve.
6.0
MarketShare of units on-market and days-on-market (live MLS feed pending).
7.0
AmenitiesConcierge, pool, fitness and parking, plus standout extras.
6.0
QualityBuild quality measured against cost of living.
6.7
ViewsHeight, exposure and water or park sightlines.
6.3
SocialRental rates, occupancy and lifestyle options.
7.6

Amenities

Amenity details pending
STR-restricted

Short-term rental potential

Residential zoning and HOA rules typically cap or ban short-term rentals here.

$25k+filed revenue / unit · year

InnKing area benchmark for 78701 — area-level, not building-specific · as of 2026-06

Seasonal demand (mean month = 100)

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Downtown

Towers of Town Lake sits in the Downtown area (ZIP 78701). Nearby Austin communities include:

12th St. Flats · 2612 W 12th Street
12th Street Place · E 12th St
706 West · 706 West Avenue
360 Condos · 360 Nueces St
904 West · 904 West Ave
1306 West · 1306 West Ave
1700 Nueces · 1700 Nueces St
1704 West · 1704 West Ave
Austonian · 200 Congress Ave
Avenue Lofts · 410 E 5th St

Other towers to compare

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