1231 Parkway #2, Austin, TX 78703
Local realty services provided by:ERA Experts
Listed by: kam mccoy
Office: compass re texas, llc.
MLS#:4588931
Source:ACTRIS
Price summary
- Price:$1,990,000
- Price per sq. ft.:$587.54
About this home
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....
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Home facts
- Year built:2001
- Listing ID #:4588931
- Updated:May 20, 2026 at 03:05 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Carpet, Tile, Wood
- Kitchen Description:Built-In Oven(s), Dishwasher, Disposal, Microwave, Refrigerator
- Living area:3,387 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2001
- Building area:3,387 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Many Trees, Public Maintained Road, Trees-Heavy
- Construction Materials:Masonry All Sides, Stucco
- Exterior Features:Balcony, Exterior Steps, Private Entrance
- Foundation Description:Slab
Schools
- High school:Austin
- Elementary school:Mathews
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,990,000
- Price per sq. ft.:$587.54
- Tax amount:$34,109 (2025)
Features and amenities
- Appliances:Built-In Oven(s), Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:4
- Parking description:Assigned, Attached, Off Street
- Garage:Yes
- Garage spaces:2
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