Active · MLS# 5928885

2503 Parker Ln #A & B

Austin, TX, 78741

$505,000

0 Beds · 0 Baths · 2,314 SF · $218/SF

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.

Property Details

Property type

Duplex

Living area

2,314 sq ft

Year built

1977

Lot size

0.2468 acres

Subdivision

Glenway Terrace

County

Travis

Schools

Elementary

Linder

Middle

Lively

High

Travis

Features

Interior

See Remarks · Ceiling Fan(s) · Chandelier · Laminate Counters

Exterior

See Remarks · Exterior Steps · Lighting

Flooring

Tile · Vinyl · Wood

Heating

See Remarks · Central · Electric

Cooling

Central Air

Views

Neighborhood

Listing courtesy of Amber Hart, Keller Williams - Lake Travis. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.