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You are here: Home / 1231 Parkway #2, Austin, TX 78703 (MLS # 4588931)
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1231 Parkway #2, Austin, TX 78703 (MLS # 4588931)

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Photo for 1231 Parkway #2, Austin, TX 78703 (MLS # 4588931)
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PRICE $2,350,000 dsIDX morgage calculator
BEDS 3
BATHS 2.5
HOME SIZE 3,387 sqft
LOT SIZE 6,443 sqft
Request More Info Schedule a Showing

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.

LAST UPDATED 12/12/2025 TRACT PARKWAY PLACE CONDOMINIUMS AMENDED THE
YEAR BUILT 2001 COMMUNITY PARKWAY PLACE CONDOMINIUMS AMENDED THE
GARAGE SPACES 2.0 COUNTY Travis
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Mathews
Jr. High School O Henry
High School Austin


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
AREA 1B
CONSTRUCTION Stucco
EXTERIOR Balcony, Private Entrance
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Central
INTERIOR Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Kitchen Island, Recessed Lighting, Walk-In Closet(s)
LOT 6443 sq ft
LOT DESCRIPTION Greenbelt, Many Trees
PARKING Assigned, Attached, Off Street
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3+
STYLE 1st Floor Entry
SUBDIVISION PARKWAY PLACE CONDOMINIUMS AMENDED THE
TAXES 34109.06
UTILITIES Electricity Available, Natural Gas Available, Sewer Available, Water Available
VIEW Yes
VIEW DESCRIPTION City, City Lights, Creek/Stream, Downtown, Park/Greenbelt, Skyline
WATER Public
WATER ACCESS Shoal Creek
WATERFRONT DESCRIPTION Creek, Stream
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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SATELLITE VIEW



 
CONTACT US ABOUT 1231 PARKWAY #2
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Jude Galligan, REALTOR® to contact you even if your name is on a Federal or State "Do not call List".

Property listed by Kam McCoy, Compass RE Texas, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 12/12/25 1:06 PM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2025.

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