$1,990,000
Beds: 3
Baths: 2 full, 1 half
Sqft: 3,387
Sqft lot: 6,442
Acre lot: 0.15
173 Days On Market

Property listed by Compass RE Texas, LLC 512-575-3644 (512) 825-7834

Status: Active
Property Type: Condominium
Year Built: 2001
Neighborhood: Parkway Place Condominiums Amended The
Days On Website: 173

Property Details for 1231 Parkway Unit 2, Austin, TX 78703

Unbeatable value for 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.

Bathrooms

  • 1 half bathroom
  • 2 full bathrooms
  • 3 total bathrooms

Bedrooms

  • 3 total bedrooms
  • 2 bedrooms on main level

Building

  • Built in 2001
  • 3,387 sqft living area
  • Masonry
  • Stucco
  • Three Or More

Disclosures

  • Seller Disclosure

Exterior Features

  • Balcony
  • Exterior Steps
  • Private Entrance

Fence

  • Partial
  • Wrought Iron

Fireplaces

  • 1 fireplace
  • Living Room

Floors

  • Carpet
  • Tile
  • Wood

Foundation

  • Slab

Garage

  • 2 garage spaces

Water Features

  • Water Body Name: Shoal Creek
  • Creek
  • Stream

Heating

  • Central

Interior Features

  • Breakfast Bar
  • Ceiling Fans
  • Separate Formal Dining Room
  • Entrance Foyer
  • Eat In Kitchen
  • High Ceilings
  • Interior Steps
  • Kitchen Island
  • Multiple Living Areas
  • Multiple Dining Areas
  • Quartz Counters
  • Recessed Lighting
  • Walk In Closets

Laundry

  • In Garage
  • Multiple Locations
  • Upper Level

Listing

  • Property Subtype: Condominium
  • 134 days on market
  • Listed on 2025-12-12

Location

  • County: Travis
  • Subdivision: PARKWAY PLACE CONDOMINIUMS AMENDED THE

Lot

  • 0.1479 acres
  • Area: 0.1479
  • Backs To Greenbelt Park
  • Many Trees

Parking

  • 2 covered spaces
  • Assigned
  • Attached
  • Off Street

Possession

  • Closing And Funding

Property

  • Resale
  • City Lights
  • City
  • Park Greenbelt
  • Creek Stream

Roof

  • Metal

Schools

  • Elementary School: Mathews
  • Elementary School District: Austin ISD
  • Middle School: O Henry
  • Middle School District: Austin ISD
  • High School: Austin
  • High School District: Austin ISD

Sewer

  • Public Sewer

Taxes

  • Annual Amount: $34,109
  • Year: 2025

Utilities

  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Water Available

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$1,990,000 - 1231 Parkway Unit 2, Austin, TX 78703

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1231 Parkway Unit 2
Austin, TX 78703
County: Travis