For rent

$23,900/mo

40 N Interstate 35 Hwy #PA1
Austin, TX 78701

  • 4 beds
  • 5 baths
  • 6,260 sq ft
  • 0.11 acres

Listing courtesy of Hills and Views LLC · (512) 994-4618 · MLS# 6237938 · Status: Active

About this rental

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.

Description provided by the listing brokerage.

Facts

Property type
Residential Lease · Condominium
Year built
1983
Lot size
0.11 acres
Living area
6,260 sq ft
Bathrooms
4 full, 1 half
Garage
6 spaces
County
Travis
Neighborhood
Towers Town Lake Condo Amd
School district
Austin ISD
Schools
Mathews · O Henry · Austin

Features

Roof
Concrete
View
See Remarks, City Lights, Downtown, Lake, Park/Greenbelt, River
Sewer
Public Sewer
Levels
One
Cooling
Central Air
Fencing
None
Heating
Central
Flooring
Carpet, Tile, Wood
Furnished
Unfurnished
Lease term
12 Months
Utilities
See Remarks, Electricity Connected, High Speed Internet, Water Connected
Appliances
Bar Fridge, Built-In Electric Oven, Built-In Freezer, Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Exhaust Fan, Freezer, Microwave, See Remarks, Washer/Dryer, Wine Refrigerator
Lot
Greenbelt, Landscaped, Views, See Remarks
Pets
Cats OK, Dogs OK, Medium (< 35 lbs), Negotiable
Water
Public
Pool
None
Windows
Aluminum Frames, Screens, Skylight(s)
Parking
Assigned, Covered, Garage, Gated, Guest, Reserved, See Remarks
Exterior
Balcony, Restricted Access
Interior
Two Primary Baths, Two Primary Suties, Bar, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Granite Counters, Double Vanity, Eat-in Kitchen, Elevator, High Speed Internet, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Two Primary Closets, Walk-In Closet(s), Wet Bar, Wired for Sound, See Remarks
Community
BBQ Pit/Grill, Business Center, Cluster Mailbox, Common Grounds, Concierge, Conference/Meeting Room, Controlled Access, Courtyard, Covered Parking, Fitness Center, Game/Rec Rm, Garage Parking, Gated, Library, Maintenance On-Site, Package Service, Pool, Property Manager On-Site, Sauna, Hot Tub, Trail(s), See Remarks
Fireplace
Great Room, Wood Burning, See Remarks
Foundation
Slab
Waterfront
None
Energy efficiency
None
Accessibility
None
Construction
Concrete, Plaster
Patio & porch
Covered, See Remarks
Take the virtual tour ↗

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of November 15, 2026 at 4:17 PM CT. All data is obtained from various sources and may not have been verified by 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.

IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID, and its use may be subject to an end user license agreement prescribed by the applicable MLS. Some IDX listings have been excluded from this website. Any use or search of this website other than by a consumer looking to purchase or lease real estate is prohibited. Terms of use