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.
Listed by Amber Hart
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License #557949
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Keller Williams - Lake Travis
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(512) 415-9023
Last updated March 16, 2026
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Source: ACTRIS #5928885
Listing Facts
TypeMulti-family
NeighborhoodParker Lane
Days on Prevu158
Size2,314 sqft
Price per sqft$218
Amenities
Dishwasher
Private Outdoor Space
Pets Allowed
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
11/25/2025
Listed by Keller Williams - Lake Travis
$505,000
Property Details for 2503 Parker LN A & B
Association
Amenities
Community Features: See Remarks
Pets Allowed: Cats OK, Dogs OK
Exterior
Construction
Property Condition: Resale
Roof: Composition
Window Features: See Remarks
Year Built: 1977
Construction Materials: See Remarks
Exterior Features: See Remarks, Exterior Steps, Lighting
Features
Direction Faces: NW
Fencing: See Remarks, Back Yard, Chain Link, Privacy, Wood
Patio And Porch Features: See Remarks, Rear Porch
View: Neighborhood
Measurements
Lot Features: Back Yard, City Lot, Curbs, Front Yard, Gentle Sloping, Interior Lot, Landscaped, Level, Near Public Transit, Public Maintained Road, Trees-Heavy, Trees-Large (Over 40 Ft), Many Trees
Lot Size Acres: 0.24
Lot Size Area: 0
Lot Size Dimensions: 77,151
Lot Size Square Feet: 10,750
Financial
Taxes
Parcel Number: 2503 Parker
Tax Assessed Value: $599,334.00
Tax Year: 2025
Interior
Features
Appliances: Built-In Electric Oven, Dishwasher, Disposal, Electric Cooktop, Freezer, Microwave, Oven, Refrigerator, Washer/Dryer
Fireplace Features: See Remarks
Fireplaces Total: 2
Flooring: Tile, Vinyl, Wood
Interior Features: See Remarks, Ceiling Fan(s), Chandelier, Laminate Counters, Electric Dryer Hookup
Measurements
Living Area: 2,314
Living Area Source: Public Records
Other
Location
Subdivision Name: Glenway Terrace
Tax Lot: 16
Parking
Parking
Attached Garage: Yes
Parking Features: See Remarks, Attached Carport, Concrete, Covered, Lighted, Off Street, Outside, Shared Driveway, Side By Side
Parking Total: 8
Schools
Elementary School
Elementary School: Linder
Elementary School District: Austin ISD
High School
High School: Travis
High School District: Austin ISD
Middle or Junior School
Middle Or Junior School: Lively
Middle Or Junior School District: Austin ISD
Utilities
Equipment
Cooling: Central Air
Heating: See Remarks, Central, Electric
Laundry Features: Electric Dryer Hookup
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Internet-Fiber, Phone Available, Water Available
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 2503 Parker LN A & B.
What schools are nearby to 2503 Parker LN A & B?
Nearby schools include the Linder Elementary School, Lively Middle School, and Travis High School.
Does this multi-family home have parking?
Yes, there are 8 parking spaces available for 2503 Parker LN A & B.
How does 2503 Parker LN A & B compare to other multi-family homes in Parker Lane?
This multi-family home is listed 25% below the average price for multi-family homes in Parker Lane and has been on the market for 102 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,314 sqft.
2503 Parker LN A & B is a -bedroom multi-family home for sale in Austin TX 78741. On Prevu for 158 days at $505,000. This home features 2,314 square feet of living space, located in Parker Lane. The median listing price for multi-family homes in this area is $417,500. Nearby schools include Linder Elementary School, Lively Middle School, and Travis High School. The home offers private outdoor space, dishwasher, pets allowed, air conditioning, parking, and swimming pool. View other multi-family home listings in Austin.
Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.