1231 PARKWAY #B, AUSTIN, TX 78703
Homes for sale in Austin.
Homes for sale in 78703.
List Price$10,000Rental
1231 Parkway #B
Austin, TX 78703
Listing #7504690
About This Property
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. Optionally furnished at $10,500/mo. 6 month -12 month term available. The main living level is designed for effortless entertaining, with gorgeous maple floors, 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. 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
Total Number of Units
2
Fireplace Description
Living Room
Accessibility
None
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
Water / Sewer
Public Sewer
Has Waterfront
No
Water
Public
Has View
Yes
Parking Description
Assigned, Attached, Off Street
View
City Lights, City, Park/Greenbelt, Creek/Stream
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
RNT
Pets
Negotiable
Property SubType
Condominium
Square Feet Source
Appraiser
Year Built
2001
Similar Listings
Mortgage Calculator
$46
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$36
Monthly Tax
$8
Monthly Insurance
$2
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
Listing Courtesy of: Compass RE Texas, LLC (512) 825-7834
© 2026 Austin Board of REALTORS® (ACTRIS). All rights reserved.
Listings courtesy of APPLICABLE MLS as distributed by MLSGRID. Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by the 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS® ACTRIS and their affiliates provide the MLS and all content therein " AS IS" and without any warranty, express or implied. The information being provided is 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. Based on information from ACTRIS through the date and time shown below.
Unlock MLS data last updated at May 26, 2026, 7:58 PM CT
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