2503 Parker Ln Unit A & B, Austin, TX 78741
- $505,000
- 2,314
- SqFt
- List Price
- $505,000
- Status
- ACTIVE
- Days on Market
- 379
- MLS#
- 5928885
- Subtype
- Residential Income
- Year Built
- 1977
- Living Area
- 2,314
- Lot Size
- 10,750
- Acres
- 0.25
- Subdivision
- Glenway Terrace
- Neighborhood
- Glenway Terrace
- MLS Area Major
- Austin - Southeast
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. Edward’s 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 you’re looking to maintain short-term rental income, long-term tenants, or future redevelopment, this property is perfectly positioned to deliver both convenience and value.
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Additional Information
- Amenities
- See Remarks, Ceiling Fan(s), Chandelier, Laminate Counters
- Interior Features
- See Remarks, Ceiling Fan(s), Chandelier, Laminate Counters
- Exterior Features
- See Remarks, Exterior Steps, Lighting
- Appliances
- Built-In Electric Oven, Dishwasher, Disposal, Electric Cooktop, Freezer, Microwave, Oven, Refrigerator, Washer/Dryer
- Heating
- See Remarks, Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- See Remarks
- Stories
- 2
- Levels
- Two
- Roof
- Composition
- School District
- Austin ISD
- Elementary School
- Linder
- Middle School
- Lively
- High School
- Travis
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Listing courtesy of Keller Williams - Lake Travis. Contact: (512) 415-9023
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