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Parker Lane

Parker Lane

Suburban Neighborhood in Austin, Texas

Travis County 78741
Neighborhood Reviews
3.1
$443,754 Average Value
$194 Average Price per Sq Ft
6 Homes For Sale
Parker Ln_Overview of Modern Houses_Showing Hills
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Many of the older apartment complexes rented by University of Texas and St. Edward’s undergrads have been replaced by luxury apartment buildings and condos.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.
Single story traditional homes are commonly seen throughout Parker Lane.
Homes in Parker Lane come in all shapes and sizes.
Homes in Parker Lane come in all shapes and sizes.
Single story homes in Parker Lane are perfect for new families.
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.
Grab some coffee at Cafe Creme' in Parker Lane.
La Hawaiiana has the best tacos in Parker Lane.
La Hawaiiana has the best tacos in Parker Lane.
1618 Asian Fusion offers breakfast, lunch and dinner.
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.
Children soar to new heights at Lively Middle School.
Travis Early College High School is a top rated public school in Austin, TX.
Travis Early College High School is a top rated public school in Austin, TX.
Students of Parker Lane are taught at Linder Elementary.
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.
Some people like to fish at nearby Lady Bird Lake.
Get your exercise walking the boardwalk around 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.
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.
Parker Lane is a small neighborhood near Downtown Austin.
East Oltorf takes you to downtown from Parker Lane in just minutes.
East Oltorf takes you to downtown from Parker Lane in just minutes.
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Riki Markowitz
Written By
Riki Markowitz
Tyler Hall
Video By
Tyler Hall

Agents Specializing in this Area

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Schools

Source:
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 Albert Allen, an experienced agent in this neighborhood.

Parks in this Area

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
3.1 20 Reviews
3.0 Niche User
4/29/2015 Niche Review
Lots of section 8 housing nearby.
5.0 Niche User
9/19/2014 Niche 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.
3.0 Niche User
4/29/2015 Niche Review
Summer is crazy hot and a lot of the state catches on fire.
3.0 Niche User
4/29/2015 Niche Review
Kind of close to questionable area, but not IN the questionable areas.
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Crime and Safety

1 - Low Crime, 10 - High Crime Parker Lane US
Homicide 5 4
Sexual Assault 6 4
Assault with Weapon 6 4
Robbery 7 4
Burglary 7 4
Motor Vehicle Theft 9 4
Larceny 6 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Parker Lane Demographics and Home Trends

Housing Trends

Median List Price
$434,945
Median Sale Price
$410,000
Median Single Family Sale Price
$335,900
Median Townhouse Sale Price
$410,000
Median 2 Bedroom Sale Price
$390,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
44
Median Home Sale Price YoY Change
-26%
Average Price Per Sq Ft
$194

Neighborhood Facts

Number of Homes in Neighborhood
1,169
Number of Homes for Sale
6
Median Year Built
1983
Months of Supply
1.60
Average Single Family Home Size Sq Ft
1,612
Below the national average
1,924
Average Townhouse Size Sq Ft
1,607
Average 2 Bedroom Size Sq Ft
1,353
Average 1 Bedroom Size Sq Ft
1,039
Median Lot Size Sq Ft
3,484

Open Houses

  • Sunday, Aug 3
    3 - 5pm

    2602 Douglas St, Austin, TX 78741

    $795,000

    • 3 Beds
    • 2 Baths
    • 1,986 Sq Ft
    • 2602 Douglas St

    Experience extraordinary living in this one-of-a-kind geodesic dome situated on nearly half an acre of prime Austin real estate. Just 2 miles from vibrant South Congress, minutes to both downtown and the bustling nightlife of the east side, and 6 miles to ABIA, the convenient location is truly hard to beat! This 3 bed/2 bath features soaring geometric ceilings with dramatic triangular

    Blake Hood Compass RE Texas, LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Albert Allen, 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.

Nearby Neighborhoods

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.
NEIGHBORHOOD
Parker Lane