Back 2/1231 Parkway
Active

2/1231 Parkway

Austin TX 78703

3
3
4
3387 sq. ft.
6442.52 sq. ft.
Condo
Currently for sale - view listing

Overview

Unbeatable value for a singular luxury offering in Old West Austin, instantly recognized by anyone heading toward Pease Park. Overlooking Shoal Creek with commanding Capitol and downtown views, this rare property offers the feel of a private retreat with the walkability of one of Austin’s most prized neighborhoods. The main living level is designed for effortless entertaining, with an open kitchen, dining, and living space framed by two patios—one perched above the creek canopy and the other neighborhood-facing. A custom wine cellar anchors the space, both a showpiece and a collector’s dream. The chef’s kitchen features a quartz island, counters, and backsplash, updated hardware, and premier appliances including a Wolf gas range, wall oven, and Sub-Zero fridge. The first floor hosts two secondary bedrooms, a bright flex room overlooking the backyard, and a dramatic media room framed by an original bank-vault door—the “safe room”—and elevated by a custom brick ceiling. The entire third floor is a serene primary suite with a dream walk-in closet featuring multiple dressing areas and built-ins. The crown jewel is the expansive rooftop deck with unobstructed Capitol and skyline vistas. Designed for entertaining, it features multiple seating areas, a covered lounge, and a wet bar—perfect for sunset cocktails or alfresco dining. With no HOA fees and STRs permitted, the property offers lifestyle and investment flexibility. Additional conveniences include an elevator, two-car garage plus extra parking, two laundry locations, and a natural backyard extending to Shoal Creek that can remain low-maintenance or be custom landscaped. Enjoy quintessential Austin living walkable to Pease Park and favorite dining spots including Jeffrey’s, Josephine House, Wink, and neighborhood staples like Fresh Plus and Whole Foods. Downtown is moments away, offering the ideal balance of peaceful Old West Austin living with quick access to the city’s culture and culinary scene.

Features

3 bedrooms
3 bathrooms
4 carspaces
2 garage spaces
3387 sq. ft. floor area
6442.52 sq. ft. lot size
Condo

Happy sellers in Austin

~%

We have insufficient information to provide an overview of customer satisfaction for Austin. Viewing the agent profiles, reviews and sales for Austin can provide insights for this location.

Local market activity for 3 bedroom condos in Austin

In the last 12 months, 14 three-bedroom condos similar to 2/1231 Parkway, have been sold.

This represents a 13% increase in three-bedroom condos sales when compared to the previous 12 months.

© 2026 RateMyAgent