2503 Parker Ln A & B Austin, TX 78741

Building Details

Year Built

1977

Listing office Keller Williams Lake Travis a***@gmail.com Show Phone

Listing date Dec 3, 2025

Source Elliman

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Investment Insights

Based on property information with market context.

This duplex, constructed in 1977, presents an investment opportunity near downtown Austin and the University of Texas shuttle route. The property has a total area of 2,314 square feet and includes two-car carports for each unit. Unit A, with approximately 1,389 square feet, is currently vacant and used as a short-term rental. It features three bedrooms, two bathrooms, a living area, and a dining area. Unit B, approximately 925 square feet, includes two bedrooms, two bathrooms, a living area, and a dining area. This unit is currently leased to a tenant at $1,800 per month, with the lease expiring in January 2026. Each unit has its own utility room, a covered back patio, and a fenced yard with mature trees. The property is located two blocks from East Oltorf Street, with access to the UT shuttle and metro. It is a short drive or bike ride to Lady Bird Lake and downtown Austin, with convenient access to St. Edwards University, SOCO, SOLA, and Austin-Bergstrom International Airport. The zoning is SF-3.

Key Highlights

• Prime location: close to downtown Austin, Lady Bird Lake, St. Edwards University, SOCO, SOLA, ABIA, and on the UT shuttle and metro lines.
• Duplex property offering immediate income potential with one unit currently rented for $1,800/month until January 2026.
• Unit A (1,389 sq.ft.) is vacant and ready for immediate occupancy or use as a short‑term rental.

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FAQs

What type of property is this?

Duplex - Duplex with short-term rental potential near downtown Austin.

Where is this duplex located?

The property is located at 2503 Parker Ln A & B Austin, TX.

What is the asking price?

The asking price for this property is $505,000.

What are key features of this property?

This property features: Prime location: close to downtown Austin, Lady Bird Lake, St. Edwards University, SOCO, SOLA, ABIA, and on the UT shuttle and metro lines.; Duplex property offering immediate income potential with one unit currently rented for $1,800/month until January 2026.; Unit A (1,389 sq.ft.) is vacant and ready for immediate occupancy or use as a short‑term rental.