Austin, TX 78703 1231 Parkway # 2

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Presented By: Compass RE Texas, LLC;
  • MLS# 4588931
  • 12/12/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Full/Half Baths • 2 / 1
  • SQFT • 3,387
  • Garage • 2

Home Details

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.
Presented By: Compass RE Texas, LLC;

Interior Features for 1231 Parkway # 2

Bedrooms

Main Level Bedrooms2
Total Bedrooms3

Bathrooms

Half Baths1
Total Baths3

Other Interior Features

LivingAreaSourceAppraiser
Fireplace FeaturesLiving Room
FlooringCarpet, Tile, Wood
Interior AmenitiesBreakfast 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)
Total Fireplaces1
Window FeaturesDouble Pane Windows, Window Treatments

General for 1231 Parkway # 2

AccessibilityNone
Additional Parcels Y/NNo
AppliancesBuilt-In Oven(s), Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Body of WaterShoal Creek
CityAustin
Community FeaturesNone
Construction MaterialsMasonry – All Sides, Stucco
CoolingCentral Air
CountyTravis
DirectionsFrom 12th and Lamar, west on Parkway, home on right.
DisclosuresSeller Disclosure
Elementary SchoolMathews
Energy EfficientNone
Facing DirectionWest
Full Baths2
Garage Spaces2
Green SustainabilityNone
HOANo
HeatingCentral
High SchoolAustin
LevelsThree Or More
Living Area3387
Lot Size Square Feet6442.52
MLS Area1B
Middle/Junior High SchoolO Henry
New ConstructionNo
Other StructuresNone
Patio/Porch FeaturesCovered, Deck, Patio, Porch
Pool FeaturesNone
Property ConditionResale
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMetal
Security FeaturesSmoke Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NamePARKWAY PLACE CONDOMINIUMS AMENDED THE
Tax Annual Amount34109.06
Tax Assessed Value1721103
Tax Year2025
Unit Number2
UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available
ViewCity, City Lights, Creek/Stream, Downtown, Park/Greenbelt, Skyline
Virtual TourClick here
Virtual TourClick here
Waterfront FeaturesCreek, Stream
Year Built2001
Year Built SourcePublic Records

Exterior for 1231 Parkway # 2

Covered Spaces2
Exterior AmenitiesBalcony, Exterior Steps, Private Entrance
FencingPartial, Wrought Iron
Foundation DetailsSlab
Horse Amenities None
Horse Y/NNo
Lot FeaturesGreenbelt, Public Maintained Road, Trees-Heavy, Many Trees
Lot Size Acres0.1479
Parking FeaturesAssigned, Attached, Off Street
Total Parking4
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Austin High School
Middle School O Henry Middle School
Elementary School Mathews Elementary School

Janice Sansom

Texas Licensed REALTOR®, GRI®, ABR®, AHWD
Price $2,350,000
MLS#4588931
List Date 12/12/2025
Property Type Single Family
Phone 512.883.9566
Request Tour
Request Info
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