1231 PARKWAY #2, AUSTIN, TX 78703
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Homes for sale in 78703.
1231 Parkway #2
Austin, TX 78703
List Price$2,250,000
Listing #4588931
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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