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. Optionally furnished at $10,500/mo. 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 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. 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.
1231 Parkway
Austin, TX 78703
Apartment building
2-3 beds
In-unit laundry (W/D)
Available units
This building may have units for rent or for sale. Select a unit to contact.
What's special
Facts, features & policies
Unit features
Appliances
- Dishwasher
- Dryer
- Refrigerator
- Washer
Flooring
- Carpet
- Tile
Other
- Fireplace
Neighborhood: Old West Austin
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Walk, Transit & Bike Scores
Walk Score®
/ 100
Very WalkableTransit Score®
/ 100
Good TransitBike Score®
/ 100
Biker's ParadiseNearby schools in Austin
GreatSchools rating
- 10/10Mathews Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 6/10O Henry Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Austin High SchoolGrades: 9-12Distance: 1.1 mi
Nearby apartments for rent
Listing order may reflect relevance, quality, and paid promotion.
Frequently asked questions
What is the walk score of 1231 Parkway?
1231 Parkway has a walk score of 89, it's very walkable.
What is the transit score of 1231 Parkway?
1231 Parkway has a transit score of 64, it has good transit.
What schools are assigned to 1231 Parkway?
The schools assigned to 1231 Parkway include Mathews Elementary School, O Henry Middle School, and Austin High School.
Does 1231 Parkway have in-unit laundry?
Yes, 1231 Parkway has in-unit laundry for some or all of the units.
What neighborhood is 1231 Parkway in?
1231 Parkway is in the Old West Austin neighborhood in Austin, TX.








