1231 Parkway, Unit 2
Description
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....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.
Property Details for 1231 Parkway, Unit 2
Property Details for 1231 Parkway, Unit 2
| Status | Active |
|---|---|
| MLS # | 4588931 |
| Days on Market | 1 |
| Taxes | $34,109 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Townhouse |
| MLS Type | Residential / Single Family Residence |
| Year Built | 2001 |
| County | Travis County |
| Buyer's Agent Compensation | 3% |
Location
Listing Courtesy of: .
Building Information for 1231 Parkway, Unit 2
Payment Calculator
$14,455 per month
30 year fixed, 6.28% Interest
$11,612
$2,842
$0
Property Information for 1231 Parkway, Unit 2
- Garage Spaces: 2
- Parking Total: 4
- Parking Features: Assigned, Attached, Off Street
- Garage: Yes
- Covered Spaces: 2
- Interior Features: Breakfast Bar, Ceiling Fan(s), Separate Formal Dining Room, Entrance Foyer, Eat In Kitchen, High Ceilings, Interior Steps, Kitchen Island, Multiple Living Areas, Multiple Dining Areas, Quartz Counters, Recessed Lighting, Walk In Closets
- Flooring: Carpet, Tile, Wood
- Appliances: BuiltInOven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
- Fireplace: Yes
- Fireplaces Total: 1
- Fireplace Features: Living Room
- Laundry Features: InGarage, MultipleLocations, UpperLevel
- Virtual Tour URL Branded: https://view.ramblrmedia.com/sites/1231-parkway-2-austin-tx-78703-20961353/branded
- Virtual Tour URL Branded 2: https://view.ramblrmedia.com/sites/1231-parkway-2-austin-tx-78703-20961353/branded
- Virtual Tour URL Unbranded: https://view.ramblrmedia.com/sites/eenjaaj/unbranded
- Virtual Tour URL Unbranded 2: https://view.ramblrmedia.com/sites/eenjaaj/unbranded
- Restrictions: NoRestrictions
- Exterior Features: Balcony, Exterior Steps, Private Entrance
- New Construction: No
- Construction Materials: Masonry, Stucco
- Foundation Details: Slab
- Patio And Porch Features: Covered, Deck, Patio, Porch, Balcony
- Water Body Name: Shoal Creek
- Roof: Metal
- Fencing: Partial, Wrought Iron
- Direction Faces: West
- Window Features: DoublePaneWindows, WindowTreatments
- Accessibility Features: None
- Community Features: None
- FEMA Flood Plain: See Remarks
- Lot Features: Backs to Greenbelt/Park, Many Trees
- Horse: No
- Horse Amenities: None
- Cooling: Central Air
- Heating: Central
- Sewer: Public Sewer
- Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Room Type: Kitchen
- Room Level: Second
- Room Features: DiningArea, EatInKitchen, HighCeilings, KitchenIsland, KitchenFamilyRoomCombo, QuartzCounters, RecessedLighting
- Room Type: Bedroom
- Room Level: First
- Room Features: HighCeilings
- Room Type: Bathroom
- Room Level: First
- Room Features: HighCeilings, WalkInShower
- Room Type: Bedroom
- Room Level: First
- Room Features: CeilingFans, HighCeilings
- Room Type: PrimaryBathroom
- Room Level: Third
- Room Features: DoubleVanity, JettedTub, WalkInClosets, WalkInShower
- Room Type: PrimaryBedroom
- Room Level: Third
- Room Features: CeilingFans, EnSuiteBathroom, HighCeilings
- Permission: IDX
- Permission: IDX
- Permission: IDX
- Permission: IDX
- Permission: IDX
- Permission: IDX
- Association: No
- Tax Assessed Value: $1,721,103
- Additional Parcels: No
- Tax Year: 2025
- Tax Rate: 1.98%
- Security Features: Smoke Detector(s)
- Directions: From 12th and Lamar, west on Parkway, home on right.
Property History for 1231 Parkway, Unit 2
| Date | Event & Source | Price |
|---|---|---|
| 12/12/2025 | $2,350,000 | |
| 03/16/2007 | Sold (Public Record) Public Record #217801257 | — |
| 03/16/2007 | — | |
| 01/28/2007 | $949,000 | |
| 10/29/2006 | $949,000 | |
| 05/11/2000 | $779,900 | |
| 02/23/2000 | $779,900 | |
| 02/01/2000 | $709,900 | |
| 08/18/1999 | $709,900 | |
| 08/17/1999 | $719,900 | |
| 03/17/1999 | $649,900 | |
| 03/16/1999 | $649,000 | |
| 12/16/1998 | $649,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1231 Parkway, Unit 2
Schools near 1231 Parkway, Unit 2
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 10 to 12 |
Rating | School | Distance |
|---|---|---|
Mathews Elementary School PublicPK to 6 | ||
O Henry Middle School Public6 to 8 | ||
Austin High School Public9 to 12 | ||
Garza Independence High School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.