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Historic Duplex Near Downtown Austin
For Sale
$1,200,000

1509 Parkway, Austin, TX 78703

Duplex in historic neighborhood, close to downtown and capitol.

Property Size2,256 SF
Days on Market1298

Property Features for 1509 Parkway

General Information

Standard status Active
Size 2,256 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $17,535

Building Details

Building Size 2,256 SF
Year Built 1965
Listing Agency: Harrison-Pearson Assoc. Inc
Listed By: Sam Pritchard
Source: Localcolorrealestateaustin
Added: Feb 21, 2023 Changed: Sep 7 Last Checked: Sep 11 at 1:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harrison-Pearson Assoc. Inc

Investment Insights

Based on property information with market context.

Located in the historic Old Enfield neighborhood, this duplex retains many of its original features. The property is occupied by long-term tenants and requires an appointment for viewing. Situated a short distance from downtown Austin, the capitol building, and House Park, this duplex presents a potential income-generating opportunity.

Key Highlights

  • Prime Location: Seconds away from downtown, the capitol, and House Park.
  • Income Potential: Great income generator with long‑term tenants in place.
  • Historic Neighborhood: Located in the desirable Old Enfield neighborhood.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Mobile Phone Store Pet Grooming Service Adult Day Care Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,384
Businesses Nearby

Demographics for 78703, TX

22,194
Population
12,237
Households
1.8
Avg Household Size
38
Median Age
84%
College-Educated
99%
High-School Grad
5.6 sq mi
ZIP Area
3,963
Density / Sq Mi
$144,637
Median Household Income
$80,622
Median Earnings
$2,217
Median Rent
$1,353,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex in historic neighborhood, close to downtown and capitol.
Where is this duplex located?
The property is located at 1509 Parkway Austin, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime Location: Seconds away from downtown, the capitol, and House Park.; Income Potential: Great income generator with long‑term tenants in place.; Historic Neighborhood: Located in the desirable Old Enfield neighborhood.
More about this property
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