1231 PARKWAY #2, AUSTIN, TX 78703

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Homes for sale in 78703.


1231 Parkway #2

Austin, TX 78703

Active

List Price$2,250,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #4588931

3

Bedrooms

2 full, 1 partial

Bathrooms

3,387

Square Feet

House

Type

About This Property

A singular luxury offering in Old West Austin, instantly recognized by anyone heading toward Pease Park. Overlooking Shoal Creek with commanding Capitol and downtown views, this rare property offers the feel of a private retreat with the walkability of one of Austin's most prized neighborhoods. The main living level is designed for effortless entertaining, with an open kitchen, dining, and living space framed by two patios--one perched above the creek canopy and the other neighborhood-facing. A custom wine cellar anchors the space, both a showpiece and a collector's dream. The chef's kitchen features a quartz island, counters, and backsplash, updated hardware, and premier appliances including a Wolf gas range, wall oven, and Sub-Zero fridge. The first floor hosts two secondary bedrooms, a bright flex room overlooking the backyard, and a dramatic media room framed by an original bank-vault door--the "safe room"--and elevated by a custom brick ceiling. The entire third floor is a serene primary suite with a dream walk-in closet featuring multiple dressing areas and built-ins. The crown jewel is the expansive rooftop deck with unobstructed Capitol and skyline vistas. Designed for entertaining, it features multiple seating areas, a covered lounge, and a wet bar--perfect for sunset cocktails or alfresco dining. With no HOA fees and STRs permitted, the property offers lifestyle and investment flexibility. Additional conveniences include an elevator, two-car garage plus extra parking, two laundry locations, and a natural backyard extending to Shoal Creek that can remain low-maintenance or be custom landscaped. Enjoy quintessential Austin living walkable to Pease Park and favorite dining spots including Jeffrey's, Josephine House, Wink, and neighborhood staples like Fresh Plus and Whole Foods. Downtown is moments away, offering the ideal balance of peaceful Old West Austin living with quick access to the city's culture and culinary scene.

Property Features

Location Information

County

Travis

Subdivision

PARKWAY PLACE CONDOMINIUMS AMENDED THE

County

Travis

Directions

From 12th and Lamar, west on Parkway, home on right.

Area

1B

Interior Features

Interior

Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, High Ceilings, Interior Steps, Kitchen Island, Multiple Living Areas, Multiple Dining Areas, Quartz Counters, Recessed Lighting, Walk-In Closet(s)

Heating

Central

Full Baths

2

Floors

Carpet, Tile, Wood

1/2 Baths

1

Laundry

In Garage, Multiple Locations, Upper Level

Has Dining Room

Yes

Disabled Features

None

Has Fireplace

Yes

Appliances

Built-In Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer

Number of Fireplaces

1

Accessibility

None

Fireplace Description

Living Room

Exterior Features

Style

Masonry, Stucco

Garage Spaces

2

Is New Construction

No

Fencing

Partial, Wrought Iron

Construction/Exterior

Masonry, Stucco

Lot Size in Acres

0.148

Exterior

Balcony, Exterior Steps, Private Entrance

Water Body

Shoal Creek

Foundation

Slab

Waterfront Description

Creek, Stream

Possession

ClosingFunding

Has Waterfront

No

Water / Sewer

Public Sewer

Has View

Yes

Water

Public

View

City Lights, City, Park/Greenbelt, Creek/Stream

Parking Description

Assigned, Attached, Off Street

School

Elementary School District

Austin ISD

Middle School

O Henry

Elementary School

Mathews

High School

Austin

Additional Information

Roof/Attic

Metal

APN

02100012030000

Other Utilities

Electricity Available, Natural Gas Available, Sewer Available, Water Available

Status

Active

Property Type

SFR

Documents Available

None

Property SubType

Single Family Residence

Square Feet Source

Appraiser

Year Built

2001

Similar Listings

Mortgage Calculator

$10,507

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$8,107

Monthly Tax

$1,875

Monthly Insurance

$525

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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