1231 Parkway # 2 Austin, TX $ 2,350,000
1231 Parkway # 2
$ 2,350,000
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1231 Parkway # 2

Austin, TX, 78703
$ 2,350,000
Bedrooms3 Baths2.1 Sq 3,387

Monthly Estimate*

$ 14,661

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Single Family Home for sale in Austin, TX

for $2,350,000 with 3 bedrooms and 2 full baths, 1 half bath. This 3,387 square foot home was built in 2001 on a lot size of 0.1479.

Open Saturday 3-5pm. A singular 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. The main living level is designed for effortless entertaining, with 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 that can remain low-maintenance or be custom landscaped. 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.

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Single Family Active

Price

$ 2,350,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 34,109

Style

Single Family Residence

Lot Size

0.1479

Year Built

2001

Town/City

Austin

County/Region

Travis

MLS | Web ID

4588931

Features
General
Living Area 3387
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Roof Metal
Appliances Built-In Oven(s) Dishwasher Disposal Dryer Microwave Refrigerator Washer
Garage Spaces 2
Patio/Porch Features Covered Deck Patio Porch
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Masonry – All Sides Stucco
Year Built 2001
View City City Lights Creek/Stream Downtown Park/Greenbelt Skyline
Levels Three Or More
Unit Number 2
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Creek Stream
Community Features None
Accessibility None
County Travis
New Construction N
Property Type Residential
HOA N
Energy Efficient None
Subdivision Name PARKWAY PLACE CONDOMINIUMS AMENDED THE
Facing Direction West
Green Sustainability None
Other Structures None
Full Baths 2
Status Active
Directions From 12th and Lamar west on Parkway home on right.
High School Austin
City Austin
Body of Water Shoal Creek
Disclosures Seller Disclosure
MLS Area 1B
Lot Size Square Feet 6442.52
Elementary School Mathews
Tax Annual Amount 34109.06
Middle/Junior High School O Henry
Property Condition Resale
Additional Parcels Y/N N
Virtual Tour https://view.ramblrmedia.com/sites/eenjaaj/unbranded https://view.ramblrmedia.com/sites/1231-parkway-2-austin-tx-78703-20961353/branded
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1721103
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Interior
Interior Amenities Breakfast Bar Ceiling Fan(s) Ceiling-High Quartz Counters Eat-in Kitchen Entrance Foyer Interior Steps Kitchen Island Multiple Dining Areas Multiple Living Areas Recessed Lighting Walk-In Closet(s)
Flooring Carpet Tile Wood
Total Fireplaces 1
Fireplace Features Living Room
Window Features Double Pane Windows Window Treatments
Half Baths 1
Total Bedrooms 3
Main Level Bedrooms 2
Total Baths 3
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Exterior
Exterior Amenities Balcony Exterior Steps Private Entrance
Fencing Partial Wrought Iron
Parking Features Assigned Attached Off Street
Lot Features Greenbelt Public Maintained Road Trees-Heavy Many Trees
Water Source Public
Total Parking 4
Foundation Details Slab
Lot Size Acres 0.1479
Waterfront Y/N N
Covered Spaces 2
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 1231
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* Excluded Features
List By
Kam McCoy

Listing Agent

Compass Re Texas, Llc

Broker

kam@seedpropertygroup.com

Email

Affordability Calculator

$17,503
Per Month
84%
16%
0%
Monthly Principal & Interest
$14,661
Monthly Property Taxes
$2,842
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360597 Elementary School
4360311 Middle School
Austin High School High School
Pricing History
DatePricePrice ChangeDescription
12/12/2025$2,350,000 Listed Price

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1231 Parkway # 2, Austin, TX, 78703 is a Single Family Home for sale at $2,350,000 with 3,387 sqft and a lot size of 0.1479. 1231 Parkway # 2 has 3 bedrooms, 2.1 baths, and was built in 2001. The property's zip code is 78703 which is in Austin, TX