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1231 Parkway # 2, Austin TX 78703

$ 2,250,000
1231 Parkway # 2, Austin TX 78703,
Active
$ 2,250,000


MLS Area: 1B
County:
MLS # 4588931

1231 Parkway # 2, Austin TX 78703, , TX 78703

About this property

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 Austinโ€™s most prized neighborhoods.

The main living level is designed for effortless entertaining, with an open kitchen, dining, and living space framed by two patiosโ€”one perched above the creek canopy and the other neighborhood-facing. A custom wine cellar anchors the space, both a showpiece and a collectorโ€™s dream. The chefโ€™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 doorโ€”the โ€œsafe roomโ€โ€”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 barโ€”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 Jeffreyโ€™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 cityโ€™s culture and culinary scene.

Basic Property Information

<strong>Dwelling Size - </strong> 3,387 ft2
From Appraiser
<strong>Year Built - </strong> 2001
<strong>Stories - </strong> Three Or More
<strong>Foundation - </strong> Slab
<strong>Garage - </strong> 2
Assigned, Attached, Off Street
<strong>Roof - </strong> Metal
<strong>Lot Size Acres - </strong> 0.1479
<strong>Waterfront Features - </strong> Creek, Stream
<strong>Body of Water - </strong> Shoal Creek
Bedrooms - 3
<strong>Main Level Bedrooms - </strong> 2
<strong>Bathrooms - </strong> 2.5
<strong>Full - </strong> 2
<strong>Half - </strong> 1
<strong>Living Rooms - </strong> 2
<strong>Dining Rooms - </strong> 2
<strong>Fireplaces - </strong> 1
Living Room
<strong>Pool on Property- </strong> None

School District

<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Mathews
<strong>Middle - </strong> O Henry
<strong>Senior High - </strong> Austin

Home Owners Association

Amenities and Features

Other Features
Balcony
Breakfast Bar
Built-In Oven(s)
Ceiling Fan(s)
Dishwasher
Disposal
Dryer
Eat-in Kitchen
Electrical Utility Available
Entrance Foyer
Exterior Steps
Garage Attached
High Ceilings
Interior Steps
Kitchen Island
Microwave
Multiple Dining Areas
Multiple Living Areas
Private Entrance
Quartz Counters
Recessed Lighting
Refrigerator
Walk-In Closet(s)
Washer

Utilities

Heating: Central
Cooling: Central Air
Electricity Available, Natural Gas Available, Sewer Available, Water Available

Sewer: Public Sewer
Water: Public

Additional Details

<strong>Faces - </strong> West
<strong>Flooring - </strong> Carpet, Tile, Wood
<strong>View - </strong> City, City Lights, Creek/Stream, Downtown, Park/Greenbelt, Skyline
<strong>Lot Features - </strong> Back to Park/Greenbelt, Public Maintained Road, Trees-Heavy, Many Trees
<strong>Sellers Representative - </strong> Compass RE Texas, LLC
(512) 575-3644
<strong>Other Structures - </strong> None
<strong>Accessibility Features - </strong> None
<strong>Community Features - </strong> None

Walk Score

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Based on information from the Austin Board of REALTORSยฎย  for the period 01/28/2026 through 01/28/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORSยฎ, ACTRIS and their affiliates provide the MLS and all content therein โ€œAS ISโ€ and without any warranty, express or implied.

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