2503 Parker Lane A & B, Austin, TX

$505,000

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2,314

Square feet

0.25

Acres

About 2503 Parker Lane A & B

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.

Features of 2503 Parker Lane A & B

MLS® # 5928885
Price $505,000
Bathrooms 0.00
Square Footage 2,314
Acres 0.25
Year Built 1977
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 2503 Parker Lane A & B
Area 9
Subdivision Glenway Terrace
City Austin
County Travis
State TX
Zip Code 78741-5664

Amenities

Utilities Water Available, Cable Available, Electricity Available, Fiber Optic Available, Phone Available
Features Curbs, See Remarks
Parking Attached Carport, Concrete, Covered, Lighted, Off Street, Outside, See Remarks, Shared Driveway, Side By Side
View Neighborhood
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Tile, Vinyl, Wood
Interior Features Ceiling Fan(s), Chandelier, Laminate Counters, See Remarks
Appliances Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Freezer, Microwave, Oven, Refrigerator, Washer
Heating Central, Electric, See Remarks
Fireplace Yes
# of Fireplaces 2
Fireplaces See Remarks
# of Stories 2
Stories Two

Exterior

Exterior Features Exterior Steps, Lighting, See Remarks
Lot Description Many Trees, Back Yard, City Lot, Front Yard, Gentle Sloping, Interior Lot, Landscaped, Level, Near Public Transit, Trees Large Size
Roof Composition
Construction See Remarks
Foundation Pillar/Post/Pier

School Information

District Austin ISD
Elementary Linder
Middle Lively
High Travis

Additional Information

Date Listed July 15th, 2025
Days on Market 354
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams - Lake Travis
Contact Info(512) 415-9023

Listing Map

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