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.
Condo for rent
$29,000/moFees may apply
40 N Interstate Highway 35 Hwy, # Pa1, Austin, TX 78701
4beds
6,260sqft
Price may not include required fees and charges. Learn more|
Condo
Available now
Cats, dogs OK
In unit laundry
6 Parking spaces parking
What's special
Traditional timeless craftsmanshipRecent paintTwo formal dining roomsPremium appliancesPrivate movie theater
- 6 days |
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Appliances
- Laundry: In Unit, Laundry Room, See Remarks
Features
- 2 Primary Baths, 2 Primary Suites, Bar, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Elevator, Exhaust Fan, Granite Counters, High Speed Internet, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Walk In Closet, Walk-In Closet(s), Wet Bar, Wired for Sound
Interior area
- Total interior livable area: 6,260 sqft
Property
Parking
- Total spaces: 6
- Details: Contact manager
Features
- Stories: 1
- Pool features: Contact manager
Construction
Type & style
- Home type: Condo
- Property subtype: Condo
Condition
- Year built: 1983
Building
Management
- Pets allowed: Yes
Community & HOA
Location
- Region: Austin
Financial & listing details
- Lease term: 12 Months
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Listed for rent | $29,000$5/sqft |
Source: Unlock MLS #6237938 Report a problem | ||
| 6/7/2025 | Listing removed | $1,999,999$319/sqft |
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| 4/19/2025 | Contingent | $1,999,999$319/sqft |
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| 3/21/2025 | Price change | $1,999,999-20%$319/sqft |
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| 11/27/2024 | Listed for sale | $2,500,000$399/sqft |
Source: | ||
| 11/19/2024 | Pending sale | $2,500,000$399/sqft |
Source: | ||
| 7/18/2024 | Listed for sale | $2,500,000$399/sqft |
Source: | ||
| 7/8/2024 | Contingent | $2,500,000$399/sqft |
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| 4/25/2024 | Listed for sale | $2,500,000$399/sqft |
Source: | ||
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 10/10Mathews Elementary SchoolGrades: PK-6Distance: 2.1 mi
- 6/10O Henry Middle SchoolGrades: 6-8Distance: 3 mi
- 7/10Austin High SchoolGrades: 9-12Distance: 2.1 mi
There are 2 available units in this apartment building







