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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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2503 Parker Ln A & B , Austin, TX 78741
$505,000
Est. Payment: $2,590.06/mo
5 Bed
4 Bath
2314 Sqft
Status: active | Days on site: 355
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Jeannette Spinelli
Broker Associate & Founder

House Description

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.

Highlights

Listed by Amber Hart , (512) 415-9023 Keller Williams - Lake Travis , (512) 263-9090. Austin MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.25

Year Built

1977

County

Travis

Area

9

Neighborhood

Glenway Terrace

School District

Austin ISD

Listing ID

5928885

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Built-In Electric Oven, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Oven, Refrigerator, Washer
Floor:Tile,Vinyl,Wood
Other:
  • Additional:Ceiling Fan(s), Chandelier, Laminate Counters, See Remarks, Pets Allowed
Water:Public

Exterior Features

Lot:Back Yard,City Lot,Front Yard,Gentle Sloping,Interior Lot,Landscaped,Level,Near Public Transit,Many Trees,Trees Large Size
Lot Dimensions:77 x 151
Roof:Composition
Others:
  • Additional:Exterior Steps, Lighting, See Remarks, Resale
Sewer:Public Sewer
Parking Features:Attached Carport,Concrete,Covered,Lighted,Off Street,Outside,Shared Driveway,See Remarks,Side By Side
Principal Interest
$2,590
Taxes
$322

Home Price

$505,000

Loan Details

30 yrs
6.637%

Down Payment

20%
$101,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,590.06

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,590.06 $321.94 $0.00 $2,912.00
Yearly $31,080.75 $3,863.25 $0.00 $34,944.00
Total $932,422.56 $115,897.50 $0.00 $1,048,320.06

Today's Rates

30 Year

6.64%

20 Year

6.43%

15 Year

5.99%

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Market insight data is pulled from the same city as the listing being viewed (Austin, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-09-03T02:23:53.000Z

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