2503 Parker LN # B
Austin, TX, 78741
$505,000
Beds
0 Baths
2,314 SqFt
0.25 Acres
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MLS #5928885 image #0
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.
Listing Provided Courtesy of Keller Williams – Lake Travis

Property Details

Price:
$505,000
MLS #:
5928885
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
Glenway Terrace
Listed Date:
Jul 15, 2025
Finished Sq Ft:
2,314
Lot Size:
10,751 sqft / 0.25 acres (approx)
Year Built:
1977
Glenway TerraceAustin IsdLinderLivelyTravisNeighborhood

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Schools

School District:
Austin ISD
Elementary School:
Linder
Middle School:
Lively
High School:
Travis

Interior

Appliances
Built-In Electric Oven, Dishwasher, Disposal, Electric Cooktop, Freezer, Microwave, Oven, Refrigerator, Washer/Dryer
Cooling
Central Air
Fireplaces Total
2
Flooring
Tile, Vinyl, Wood
Heating
See Remarks, Central, Electric

Exterior

Community Features
See Remarks
Exterior Features
See Remarks, Exterior Steps, Lighting
Other Structures
None
Parking Features
See Remarks, Attached Carport, Concrete, Covered, Lighted, Off Street, Outside, Shared Driveway, Side By Side
Roof
Composition

Financial

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Multi Family in Austin as of Mar 21, 2026
166
Multi Family Listed
123
Avg DOM
300
Avg $ / SqFt
$788,356
Avg List Price

Property Summary

    Located in the Glenway Terrace subdivision, 2503 Parker LN # B Austin TX is a Multi Family for sale in Austin, TX, 78741. It is listed for $505,000 To schedule a showing of MLS#5928885 at 2503 Parker LN # B in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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2503 Parker LN # B
Austin, TX