2503 Parker Lane Unit A & B
Austin, TX 78741
$505,000
2,314 sqft
beds
baths
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.
Exterior Features
- AttachedCarport
- Concrete
- Covered
- Lighted
- OffStreet
- Outside
- SharedDriveway
- SeeRemarks
- SideBySide
- BackYard
- CityLot
- FrontYard
- GentleSloping
- InteriorLot
- Landscaped
- Level
- NearPublicTransit
- ManyTrees
- TreesLargeSize
- Composition
- ExteriorSteps
- Lighting
- SeeRemarks
- SeeRemarks
- None
- PillarPostPier
- BackYard
- ChainLink
- Privacy
- SeeRemarks
- Wood
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Unassigned | EE - EE | Regular |
| Travis Early College School | 9 - 12 | Regular |
| Lively Middle School | 6 - 8 | Regular |
| Linder Elementary School | PK - 5 | Regular |
| 4 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.