$437,191Average Value$281Average Price per Sq Ft37Homes For Sale
Under-tapped market, for now
Student housing might come to mind when considering the Austin's Parker Lane neighborhood, but hidden behind the main boulevards’ large apartment complexes are cozy pockets of residential neighborhoods. “It’s still kind of under-tapped by buyers," says Stacie Watts, an associate broker on the Holm team at Compass with 10 years of real estate experience. “It’s growing slower for how close it is to downtown.” Because of this prime location, Watts believes that one day, the area will be occupied by nice, large homes, as is the case in the adjacent neighborhood of Travis Heights. In fact, new construction is already causing this shift. But for now, it remains a good place to get a condo or a starter home with a price point offering entry into the market.
Affordable condos and renovated ranch-styles
Many of the older apartment complexes rented by University of Texas and St. Edward’s undergrads have been replaced by luxury apartment buildings and condos. There’s a similar trend happening with homes. “There are big lots out there so we’re seeing some people knock homes down and put up two. That helps with the affordability,” Watts says. “But we’re also seeing people renovate some older homes as well.” Ranch-styles and a variety of midcentury single and two-story homes can be found in cul-de-sacs and dead-end streets. A one-bed, one-bath condo built in the 80s will run for around $225,000 while a four-bed, two-bath newly renovated ranch-style with a large backyard could go for $679,000.
Single story traditional homes are commonly seen throughout Parker Lane.
Homes in Parker Lane come in all shapes and sizes.
Single story homes in Parker Lane are perfect for new families.
1/3
Breakfast tacos and dim sum brunches
This corner of Austin is close to a lot restaurants, taco shops and bars, especially along Oltorf Street. Cuisine ranges from small Honduran and Vietnamese eateries to chains like Subway. The cafes in the neighborhood are great for brunch, especially a dim sum brunch at 1618. Just over one mile away, the H-E-B Plus offers a deli, pharmacy and florist in addition to grocery shopping.
Grab some coffee at Cafe Creme' in Parker Lane.
La Hawaiiana has the best tacos in Parker Lane.
1618 Asian Fusion offers breakfast, lunch and dinner.
1/3
Schools with great hopitality (programs)
Austin Independent School District has open enrollment for all students in the district. Students in the neighborhood can begin their education at Linder Elementary School, which receives a C-plus rating on Niche. Lively Middle, formerly known as Fulmore Middle, is rated a B overall while Travis Early College High scores a B-minus. Their P-TECH School model allows students to earn industry certifications, and the Hospitality CTE program has been especially successful in preparing students for careers in the field.
Children soar to new heights at Lively Middle School.
Travis Early College High School is a top rated public school in Austin, TX.
Students of Parker Lane are taught at Linder Elementary.
1/3
Spring-fed and Olympic-size pools
Residents have easy access to Lady Bird Trail, a year-round 10-mile hiking and biking trail that winds through downtown. There are many stops along the route, including two spring-fed pools. In Mabel Davis Park, the outdoor pool is Olympic-size, with half of the pool divided into lanes. It’s also home to Austin’s first public skate park.
Some people like to fish at nearby Lady Bird Lake.
Swim in the pool to cool off on a hot day at Big Stacy Neighborhood Park in Travis Heights.
1/2
Just under 5 miles to Downtown
The neighborhood is bordered by Ben White Boulevard and Interstate 35, which is adjacent to the University of Texas at Austin’s campus. Just under 5 miles, it’s about a 17-minute drive to downtown Austin. There are sidewalks on some streets, but it is mostly a car-dependent area.
Parker Lane is a small neighborhood near Downtown Austin.
East Oltorf takes you to downtown from Parker Lane in just minutes.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Parker Lane neighborhood?
to let others know what life in this neighborhood is like.
Parker Lane Demographics and Home Trends
On average, homes in Parker Lane, Austin sell after 103 days on the market compared to the national average of 52 days. The median sale price for homes in Parker Lane, Austin over the last 12 months is $321,500, down 2% from the median home sale price over the previous 12 months.
Have you been dreaming of a stylish modern home with all the charm of a cozy retreat—only minutes from downtown Austin? Welcome to this like-new (built in 2018), freestanding condo in the coveted gated Edgewick community. With a private attached garage complete with a level 2 EV charger, fenced yard twinkling with bistro lights (fenced yards are very rare in the neighborhood!), and two balconies
10 out of 10! Three story detached modern townhome that lives like a single family home, large yard, 2 decks, picturesque view of downtown, backs to greenbelt, high end finishes w/a soothing color palette. Light & bright w/ large picture windows + 2 sets of stackable sliding doors backing to peaceful scenery, 11 ft ceilings + wood floors throughout. Main living area downstairs w/a large living
FANTASTIC MODERN ARCHITECTURE, MINUTES FROM DOWNTOWN!!! This 3 story residence is an artful retreat, light & bright corner unit w/lots of windows - giving you a wonderful cross-breeze. Main floor has open concept living w/11ft ceilings, impressive 10ft stackable sliding doors out to a large deck for integrated indoor/outdoor living. Spacious foyer first floor guest suite could be used as an
New flooring, freshly painted walls, new quartz countertops. The apartment is located within 1.5 miles of St. Edward's University and is also near Austin Community College campuses. Close to downtown, shopping, restaurants and bus line. Parks like Blunn Creek Nature Preserve and Lady Bird Lake are also in proximity. Community laundry room. Gas, lawncare, garbage included. Resident pays water
Mix. Mingle. and Chill at The Social Apartments in South Austin - East Riverside Apartments 78741, offers modern one, two, and three bedroom apartments. No matter which one you choose, you'll find fully-equipped kitchens with black appliances, wood-inspired flooring, designer nickel lighting and hardware, expansive closets, exterior storage space, washer/dryer connections, and private patios or
Charming 3-Bedroom Duplex in RiversideThis lovely 3-bedroom, 2-bath duplex is located in Austin’s popular Riverside neighborhood, just minutes from downtown, Lady Bird Lake, and the city’s vibrant dining and entertainment scene. Recently updated, the home blends comfort and convenience with stylish touches throughout.Inside, you’ll find a welcoming layout with spacious living areas, a
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
