$505,000
UNDER CONTRACT

2503 Parker Ln Unit A & B Austin, TX 78741

Parker Lane Neighborhood

Estimated payment $3,175/month

Total Views 4,985
5 Beds
4 Baths
2,314 Sq Ft
$218 Price per Sq Ft

Highlights

  • 0.25 Acre Lot
  • Property is near public transit
  • 2 Fireplaces
  • Mature Trees
  • Wood Flooring
  • No HOA

About This Home

Fantastic investment opportunity close to downtown and on the UT shuttle. This duplex was built in 1977 and offers 2,314 total sq.ft. with 2 car carports for each unit. Unit A is vacant and currently used as a short term rental, available for showings, approximately 1,389 sq.ft., 3 bed, 2 bath, 1 live, 1 dine. Unit B is approximately 925 sq.ft., 2 bed, 2 bath, 1 live, 1 dine and currently has a tenant paying $1,800/month with a lease term ending in January 2026. Each unit have their own utility rooms, covered back patio, and fenced in yards under huge tree canopies offering plenty of shade. The location is fantastic: just two blocks from East Oltorf Street, on UT shuttle and metro, 5 min drive or 10 min bike ride to Lady Bird Lake and downtown Austin. Easy access to St. Edwards University, SOCO, SOLA, ABIA, and everything central. Zoning is SF-3.

Listing Agent

Amber Hart

Keller Williams - Lake Travis Brokerage Phone: (512) 415-9023 License #0557949 Listed on: 07/15/2025

Keller Williams - Lake Travis

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 10,751 Sq Ft Lot
  • Lot Dimensions are 77 x 151
  • Northwest Facing Home
  • Privacy Fence
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Interior Lot
  • Level Lot
  • Mature Trees
  • Many Trees
  • Back Yard Fenced and Front Yard

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2,314 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Chandelier
  • 2 Fireplaces
  • Dining Room
  • Neighborhood Views
  • Washer and Dryer

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Attached Carport
  • Lighted Parking
  • Side by Side Parking
  • Shared Driveway
  • Outside Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rear Porch

Location

  • Property is near public transit
  • City Lot

Schools

  • Linder Elementary School
  • Lively Middle School
  • Travis High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2503 Parker

Community Details

Overview

  • No Home Owners Association
  • Glenway Terrace Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1977
  • Direction Faces: Northwest
  • Directions: Take 35 to East Oltorf Street. Head East on Oltorf Street, turn South onto Parker Lane, the property will be on your left hand side.
  • Disclosures: See Remarks, Seller Disclosure, Seller Provided Survey Available
  • Fencing: See Remarks, Back Yard, Chain Link, Privacy, Wood
  • Fireplaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 2314
  • Other Equipment: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 415-9023
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 11878.00
  • FEMA Flood Plain: No
  • Restrictions: City Restrictions
  • Tax Exemptions: None
  • Unit Mix: 2/2,3/2
  • ACT_MonthToMonthYN: 1
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 1
  • ACT_MonthToMonthYN: 0
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 1
  • Special Features: UnderContract

Interior Features

  • Interior Amenities: See Remarks, Ceiling Fan(s), Chandelier, Laminate Counters
  • View: Neighborhood
  • Flooring: Tile, Vinyl, Wood
  • Fireplace Features: See Remarks
  • Accessibility Features: None
  • Appliances: Built-In Electric Oven, Dishwasher, Disposal, Electric Cooktop, Freezer, Microwave, Oven, Refrigerator, Washer/Dryer
  • Property Condition: Resale
  • Window Features: See Remarks
  • Dining Room Type: Bedroom, Bathroom, Kitchen, Dining Room, Laundry
  • Laundry Location: See Remarks,Laundry Room

Beds/Baths

  • Full Bathrooms: 4
  • Bedrooms: 5

Exterior Features

  • Exterior Features: See Remarks, Exterior Steps, Lighting
  • Roof: Composition
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: See Remarks, Rear Porch
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: See Remarks, Attached Carport, Concrete, Covered, Lighted, Off Street, Outside, Shared Driveway, Side By Side
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Water Available
  • Heating: See Remarks, Central, Electric
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: Electric Separate,Water Separate

Association/Amenities

  • Association: No
  • Community Features: See Remarks

Schools

  • Elementary School: Linder
  • High School: Travis
  • Middle/Junior School: Lively
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Back Yard, City Lot, Curbs, Front Yard, Gentle Sloping, Interior Lot, Landscaped, Level, Near Public Transit, Public Maintained Road, Trees-Heavy, Trees-Large (Over 40 Ft), Many Trees
  • Lot Size: 77 x 151
  • Parcel Number: 2503 Parker
  • Lot Size Acres: 0.2468
  • Lot Size Sq Ft: 10750.61
  • Subdivision Name: Glenway Terrace

Rental Info

  • Owner Pays: None
  • Total Actual Rent: 1800
  • Pets Allowed: Cats OK, Dogs OK

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Year: 2025
  • Tax Filled Sqft Total: 2384
  • Tax Rate: 1.98180000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2025 07/15/25 For Sale $505,000 -- $218 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5928885

Unlock MLS (Austin Board of REALTORS®)