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2503 Parker Ln, Unit A & B, Austin, TX 78741

$505,000
  • 2503 Parker Ln, Unit A & B, Austin, TX 78741 Main Photo

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Active
BEDS0 BATHS SQUARE FEET2,314 MLS#5928885
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGlenway Terrace SCHOOLAustin ISD

Property Description

Fantastic investment opportunity just minutes from downtown Austin and on the UT shuttle route. This 1977-built duplex offers 2,314 total sq. ft. and 2-car carports for each unit. Unit A, currently vacant and used as a short-term rental, is approximately 1,389 sq. ft. with 3 bedrooms, 2 baths, living, and dining areas?ready for showings. Unit B is approximately 925 sq. ft., featuring 2 bedrooms, 2 baths, living, and dining space, currently leased at $1,800/month through January 2026.Each unit includes its own utility room, covered back patio, and fenced yard beneath mature tree canopies providing ample shade. The duplex offers exceptional location benefits: just two blocks from East Oltorf Street, with easy access to UT shuttle and Metro routes, only a 5-minute drive or 10-minute bike ride to Lady Bird Lake and downtown Austin. Proximity to St. Edwards University, SoCo, SOLA, Austin-Bergstrom International Airport, and central Austin amenities makes this property ideal for investors or owner-occupants.Zoned SF-3, this duplex combines functional living spaces, strong rental potential, and a highly sought-after location near everything central Austin has to offer. Whether youre looking to maintain short-term rental income, long-term tenants, or future redevelopment, this property is perfectly positioned to deliver both convenience and value.

2503 Parker Ln, Unit A & B | MLS# 5928885

This multi-family property located at 2503 Parker Ln, Unit A & B, Austin, TX 78741 is currently listed for sale with an asking price of $505,000. Parker Ln, Unit A & B is located within the Austin ISD school district. Search Austin real estate on gilbertg.rmcapitalcity.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Fireplaces: 2
Heating: See Remarks, Central, Electric
Lot Size: 0.25 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $11,878
Year Built: 1977

Amenities

See Remarks
Ceiling Fan(s)
Chandelier
Laminate Counters
Electric Dryer Hookup
See Remarks
Exterior Steps
Lighting

Feature Descriptions

Appliances: Built-In Electric Oven, Dishwasher, Disposal, Electric Cooktop, Freezer, Microwave, Oven, Refrigerator, Washer/Dryer
Area #: 9
Community Features: See Remarks
Days on Site: 367
Exterior: See Remarks
Fencimg: See Remarks, Back Yard, Chain Link, Privacy, Wood
Fireplace: See Remarks
Flood Plain: No
Flooring: Tile, Vinyl, Wood
Laundry: Electric Dryer Hookup
Lot: 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 Dimensions: 77 x 151
Parcel#: 2503 Parker
Parking: See Remarks, Attached Carport, Concrete, Covered, Lighted, Off Street, Outside, Shared Driveway, Side By Side
Parking Notes: See Remarks, Attached Carport, Concrete, Covered, Ligh
Patio/Porch: See Remarks, Rear Porch
Pets Allowed: Cats OK, Dogs OK
Restrictions: City Restrictions
Sewer: Public Sewer
Special View Info: Neighborhood
Utilities: Cable Available, Electricity Available, Internet-Fiber, Phone Available, Water Available
Water: Public
Window: See Remarks

Local Schools

High School: Travis
Middle School: Lively
Elementary School: Linder
School District: Austin ISD

Listed By / Shown By

Listed By

Agency Name: Keller Williams - Lake Travis
Agency Contact: (512) 415-9023

Shown By

Agent Name: Gilbert Gracia Jr.
Agent Phone: (512) 825-1591
Agency Title: Realty Capital City

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Estimated Payment

$ 2,261.04 per month $1,123.91 Principal & Interest $989.83 Property Tax $147.29 Homeowner's Insurance

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