




Unit 2
- 3BR, 3BA Condo
- $12,000 Pricing
- 3,387 Square Feet
- 06-01-2026 Availability
Unit 2 Rent and Fees
Unit Price
- $12,000
About 1231 Parkway
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. Offered either furnished or unfurnished, 6 month -12 month term available. The main living level is designed for effortless entertaining, with gorgeous maple floors, 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 roomâ€â€”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. 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. MLS ID 7504690
1231 Parkway is located in the Old West Austin Neighborhood and 78703 Zip code of Austin, TX.
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (512) 825-7834
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Features and Amenities
Interior Features
- Balcony
Kitchen Amenities
- Disposal
- Dishwasher
- Microwave
- Refrigerator
Living Area Features
- Tile Floors
- Carpet
- Hardwood Floors

Map
- Shopping
- Colleges
- Schools
- Grocery
- Medical
- Parks
- Transportation

Map
Frequently Asked Questions about 1231 Parkway
What type of rental is available at 1231 Parkway?
There is currently a 3 Bed 3 Bath Condo for rent with 3,387 sq ft listed at 1231 Parkway. It is Available June 1, 2026.
How much is the rent at 1231 Parkway?
The rental at 1231 Parkway is currently listed at $12,000.
What area of town is 1231 Parkway located in?
Located in the Old West Austin Neighborhood, 1231 Parkway is in the 78703 Zip Code of Austin, TX.
Points of Interest
Time and distance from 1231 Parkway.
Arts Museums and Landmarks
Big Box and Retail
Walgreen's
Walgreens
Goodwill
Colleges and Universities
Groceries
Heb
H-E-B
Hospitals
Dell Seton Medical Center At The University Of Texas
St. David's Medical Center
Austin Lakes Hospital
Hotspots
Military Bases
Camp Mabry Military Reserve
Parks and Recreation
1231 Parkway has 5 parks within 2.1 miles, including Deep Eddy, Barton Springs Pool, Umlauf Sculpture Garden, Lions Golf Course, and Hancock Golf Course.
Restaurants and Dining
Shopping Centers
1231 Parkway has 5 shopping centers within 0.7 miles.
Transit Stations
Martin Luther King, Jr. Station-Capital MetroRail
Nearby Neighborhoods
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Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin Studio Apartments | $1,311 | $643 | $10,000+ |
| Austin 1 Bedroom Apartments | $1,473 | $525 | $10,000+ |
| Austin 2 Bedroom Apartments | $1,886 | $624 | $10,000+ |
| Austin 3 Bedroom Apartments | $2,292 | $604 | $10,000+ |
| Austin 4 Bedroom Apartments | $1,816 | $489 | $7,752 |
| Austin 5 Bedroom Apartments | $3,215 | $830 | $10,000+ |
| Austin 6 Bedroom Apartments | $1,549 | $814 | $8,073 |
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