$443,611Average Value$180Average Price per Sq Ft4Homes For Sale
Parker Ln_Overview of Modern Houses_Showing Hills
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Many of the older apartment complexes rented by University of Texas and St. Edward’s undergrads have been replaced by luxury apartment buildings and condos.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.
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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.
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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.
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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.
Get your exercise walking the boardwalk around Lady Bird Lake.
Swim in the pool to cool off on a hot day at Big Stacy Neighborhood Park in Travis Heights.
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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
Interested in learning more about homes in this area?
Reach out to
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an experienced agent in this neighborhood.
Parks in this Area
Battlebend Spring Neighborhood Park
Basketball
Picnic Area
Playground
Little Stacy Neighborhood Park
Basketball
Bike Trails
Football
Mabel Davis District Park
Basketball
Pool
Skateboard
Big Stacy Neighborhood Park
Bike Trails
Pool
Trails
Heritage Oaks Park
Picnic Area
Trails
Blunn Creek Nature Preserve
Trails
Hiking
Transit
Airport
Austin-Bergstrom International
19 min drive
Bus
3301 Parker & Timber Ridge
Bus
6143 Oltorf & Montopolis & Eb
Bus
5413 Oltorf & Alvin Devane
Bus
2504 Parker & Braxton
Bus
2310 Parker & Oltorf
Bus
3004 Parker & Timber Ridge
Bus
Woodward & Ben White NW Corner
Reviews
Niche Reviews
3.120 Reviews
3.0Niche User
4/29/2015Niche Review
Lots of section 8 housing nearby.
5.0Niche User
9/19/2014Niche Review
The Soup Peddler on South Lamar is amazing. They deliver once a week to certain areas. All their soups are made from scratch with healthy sometimes local ingredients. They have different options to choose from every day.
3.0Niche User
4/29/2015Niche Review
Summer is crazy hot and a lot of the state catches on fire.
3.0Niche User
4/29/2015Niche Review
Kind of close to questionable area, but not IN the questionable areas.
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Parker Lane Demographics and Home Trends
On average, homes in Parker Lane, Austin sell after 51 days on the market compared to the national average of 70 days. The median sale price for homes in Parker Lane, Austin over the last 12 months is $335,900, down 28% from the median home sale price over the previous 12 months.
Welcome to 3305 Santa Monica - a stunning, renovated ranch-style home that perfectly blends modern comfort and stylish charm. This recently updated home offers 3 bedrooms, 2.5 bathrooms, a dedicated study/office, an oversized 2-car garage and sits on a spacious .24 acres. Key renovations include a new roof, HVAC system, water heater, and full replacement of the original cast iron plumbing with
SPECIAL FINANCING AVAILABLE! BUYER MAY QUALIFY FOR A CONVENTIONAL 0% DOWN PAYMENT LOAN!! Welcome to 1740 Timber Ridge Rd #136, a beautifully remodeled condo nestled in the heart of Austin's vibrant 78741 neighborhood. This charming property offers a great place to live or great investment potential.As you step into this condo, you'll be greeted by an abundance of natural light streaming
Looking for a modern and stylish place in a quiet, secret neighborhood right near EVERYTHING? Just minutes to South Congress, Rainey Street, the airport, Tesla, SXSW, ACL, F1/Circuit of the Americas race track, Oracle, Town Lake Boardwalk + most of Austin’s trendiest restaurants, bars, breweries + coffee shops! High ceilings, no carpet, all new light fixtures/fans + recent luxury flooring give
FANTASTIC MODERN ARCHITECTURE – EXCITING NEW COMMUNITY!!! 3 bed/3.5 bath detached townhome located minutes from downtown within Intown Homes new picturesque luxury community called Sunridge, which will feature 64 private detached new townhomes surrounded by trees & nature. Community features a pet-friendly park overlooking the city of Austin & a tree lined creek running through the
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 and electric. Section 8 welcome.
Discover your perfect urban retreat at this modern condo in the vibrant Edgewick community, ideally located near downtown and the UT area, with seamless highway access and bus stops. Designed with a contemporary lifestyle in mind, the open floor plan shines with chic upgrades like sleek tile flooring on the main level, plush carpeting in the bedrooms, dark wood cabinetry, stainless steel
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
Interested in learning more about homes in this area?
Reach out to
Ben Pierson,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
9,688
Median Age
35
Population Density
9 ppl/acre
Population under 18
19.3%
On par with the national average
23.8%
Population over 65
7.7%
Below the national average
19.1%
Finances
Median Household Income
$50,527
Significantly below the national average
$71,702
Average Household Income
$67,865
Education and Workforce
High School Graduates
89.8%
College Graduates
45.6%
Above the national average
34.1%
Advanced Degrees
11.7%
% Population in Labor Force
79.2%
Above the national average
65.1%
Weather
Annual Precipitation
37''
Average Winter Low Temperature
42°F
Average Summer High Temperature
97°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
44/ 100
Car-Dependent
Walk Score®
24/ 100
Some Transit
Transit Score®
44/ 100
Source: Walk Score
Source: Walk Score
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.
