1231 Parkway 2, Austin, TX 78703

• 3 beds |
• 3 baths |
• 3,387 sqft

Property Description

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. Offered either furnished or unfurnished, 6 month -12 month term available. The main living level is designed for effortless entertaining, with gorgeous maple floors, 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. 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.

Listing Status:

Active

Data Last Updated:

May 21, 2026 at 7:17PM

Listing Office:

Compass RE Texas, LLC : (512) 575-3644

Listing Agent:

Kam McCoy : (512) 825-7834

MLS ID:

7504690

Interior

• General: Breakfast BarCeiling Fan(s)Ceiling-HighQuartz CountersEat-in KitchenEntrance FoyerInterior StepsKitchen IslandMultiple Dining AreasMultiple Living AreasRecessed LightingWalk-In Closet(s)
• Appliances: Built-In Oven(s)DishwasherDisposalDryerMicrowaveRefrigeratorWasher
• Laundry: In GarageMultiple LocationsUpper Level
• Flooring: CarpetTileWood
• A/C: Central Air
• Heating: Central
• Fireplace: Living RoomFireplaces: 1
• Eco/Green Feature: NoneNone

Exterior

• General: BalconyExterior StepsPrivate Entrance
• Other Structures: PorchDeckPatioCovered
• Pool: None
• Parking: AssignedAttachedOff StreetParking spaces: 4

Construction

• Roofing: Metal
• Windows: Double Pane WindowsWindow Treatments
• General: Three Or MoreSlab

Location

• HOA Amenities: None
• Originating MLS: actris
• School District: Austin ISD
• County: Travis

Lot

• Zoning: UNT 2 PARKWAY PLACE CONDOMINIUMS AMENDED THE PLUS 50% INTEREST IN COMMON AREA02100012030000
• View: CityCity LightsCreek/StreamDowntownPark/GreenbeltSkyline
• Fencing: PartialWrought Iron

Utilities

• Utilities: Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: actris