Date
Details
Price
Change
Source
7/15/2025
Listed
$505,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$505,000
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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.
Full Property Details
Full Property Details for 2503 Parker Ln #A & B
General
- Price: $505,000
- Taxes: (2025)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 5928885
- Updated: 3/10/2026
- Added to Site: 284 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Chandelier, Laminate Counters, See Remarks
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): See Remarks
- Appliances: Built-In Electric Oven, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Oven, Refrigerator, Washer
- Flooring: Tile, Vinyl, Wood
Rooms
Other Rooms
- Laundry: Laundry Room, See Remarks, Electric Dryer Hookup
Additional Information
- Shared Amenities: See Remarks, Curbs
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: Exterior Steps, Lighting, See Remarks
- Porch/Patio/Deck: Rear Porch, See Remarks
Parking
- Carports: Yes
- Total Spaces: 8
- Parking Features: Attached Carport, Concrete, Covered, Lighted, Off Street, Outside, Shared Driveway, See Remarks, Side By Side
Location
- Area: 9
- County: Travis
- Subdivision: Glenway Terrace
- Driving Directions: Take 35 to East Oltorf Street. Head East on Oltorf Street, turn South onto Parker Lane, the property will be on your left hand side.
- Direction Faces: Northwest
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Linder
- Middle School: Lively
- High School: Travis
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric, See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Fiber Optic Available, Phone Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: See Remarks
- Roof: Composition
- Windows: See Remarks
- Stories/Levels: 2
- Square Feet: 2,314
- Sq. Ft. Source: Public Records
- Living Area: 2,314 Sq. Ft.
- Year Built: 1977
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.2468
- Lot Size (Sq. Ft.): 10,750.61
- Lot Dimensions: 77 x 151
- Fence: Yes
- Lot Features: Back Yard, City Lot, Front Yard, Gentle Sloping, Interior Lot, Landscaped, Level, Near Public Transit, Many Trees, Trees Large Size
- Fencing (Description): Back Yard, Chain Link, Privacy, See Remarks, Wood
Financial Considerations
- Assessment Amount: $599,334
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, Texas Vet, VA Loan
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, See Remarks, Survey
- Legal Description: LOT 16 GLENWAY TERRACE 03080407080000
- Disclosures/Reports: Seller Disclosure, See Remarks
- Property ID: 2503 Parker
- Lot Number: 16
Listed by Keller Williams - Lake Travis
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Listing agent
— 2503 Parker Ln #A & B —
Keller Williams - Lake Travis
(512) 415-9023
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 2503 Parker Ln #A & B
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Linder Elementary School 2801 Metcalfe Road, Austin, TX 78741 | PK-5 | 0.3 mi |
Fulmore Middle School 201 East Mary Street, Austin, TX 78704 | 6-8 | 1.2 mi |
Travis High School 1211 East Oltorf Street, Austin, TX 78704 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2503 Parker Ln #A & B
Tax History
Tax History for 2503 Parker Ln #A & B
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,401
—
$588,966
12%
2024
$10,401
-22%
$524,840
-28%
2022
$13,342
—
$724,971
7%
2022
$13,342
45%
$675,588
60%
2021
$9,184
11%
$421,929
13%
2020
$8,281
4%
$371,900
—
2020
$7,977
9%
$371,900
11%
2018
$7,333
-1%
$333,856
12%
2016
$7,420
2%
$298,206
-10%
2017
$7,258
70%
$332,725
79%
2015
$4,276
22%
$186,214
27%
2014
$3,492
-3%
$146,754
-1%
2014
$3,615
—
$148,073
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2503 Parker Ln #A & B
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- Single Family
- Active
- Updated 6 hours ago
- 4Beds
- 4Total Baths
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2503 Parker Lane #A & B, Austin, TX 78741 (MLS# 5928885) is a Duplex property with 0 bedrooms and 0 full bathrooms. 2503 Parker Lane #A & B is currently listed for $505,000 and was received on July 15, 2025. Want to learn more about 2503 Parker Lane #A & B? Do you have questions about finding other Duplex real estate for sale in Southeast Austin? You can browse all Southeast Austin real estate or contact a Coldwell Banker agent to request more information.