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1231 Parkway, Austin, TX 78703

$2,100,000

3 bd · 3 ba · 3,387 sqft

1231 Parkway, Austin, TX 78703

1231 Parkway, Austin, TX 78703 is a 3-bedroom, 3-bathroom single family residence listed at $2,100,000 ($620/sqft). 3,387 sqft. Built in 2001. Located in Old Enfield, Austin TX. Priced 6% below the Old Enfield median of $662/sqft. MLS #4588931. Listed by Compass RE Texas, LLC.

Property Overview

This Old Enfield gem commands attention the moment you arrive at 1231 Parkway, offering commanding views of Shoal Creek, the Capitol, and downtown Austin from its perch above the verdant canopy. Built in 2001, the home captures the essence of one of Austin's most coveted neighborhoods—historic character meets modern luxury, all within walking distance to downtown and steps from Pease Park. The 3,387-square-foot residence sits on an exceptional 6,442-square-foot lot, providing rare privacy in this central location where mature trees define the streetscape and neighborhood identity.

The main entertaining level showcases sophisticated finishes and thoughtful design. An open kitchen, dining, and living area flows seamlessly across the space, anchored by a custom wine cellar that serves as both functional storage and architectural statement. The chef's kitchen features a Wolf gas range, Sub-Zero refrigeration, and quartz surfaces throughout. Two patios—one suspended above the creek's canopy and another facing the neighborhood—extend the living space and frame the home's relationship to its natural surroundings. The first floor adds versatility with two secondary bedrooms, a flex room with backyard views, and a distinctive media room featuring an original bank-vault door and custom brick ceiling.

This Old Enfield property positions itself at $620 per square foot, reflecting its exceptional location, creek views, and sophisticated finishes within Austin's dynamic central corridor.

Agent Description

A singular 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. The main living level is designed for effortless entertaining, with 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 that can remain low-maintenance or be custom landscaped. 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.

Neighborhood: Old Enfield

This property is located in Old Enfield, Austin, TX. The area is known for Historic Architecture, Pease Park, Central Location, Mature Trees, Walkable to Downtown.

At $620/sqft, this listing is priced 6% below the Old Enfield median of $662/sqft.

Property Details

Property TypeSingle Family Residence
Year Built2001
Bedrooms3
Bathrooms3
Living Area3,387 sqft
Lot Size6,442.52 sqft
Price per Sqft$620
ListedDec 12, 2025
MLS #4588931
Listed ByCompass RE Texas, LLC

Listing data last updated:

Frequently Asked Questions

What is the listing price of 1231 Parkway, Austin, TX 78703?

This property is listed at $2,100,000, which is $620 per square foot. That is 6% below the Old Enfield area median of $662/sqft.

How many bedrooms and bathrooms does 1231 Parkway, Austin, TX 78703 have?

This home has 3 bedrooms and 3 bathrooms, with 3,387 square feet of living space.

When was 1231 Parkway, Austin, TX 78703 built?

This property was built in 2001, making it 25 years old.

What neighborhood is 1231 Parkway, Austin, TX 78703 in?

This property is in Old Enfield, Austin, TX. The area is known for historic architecture, pease park, central location.

How long has 1231 Parkway, Austin, TX 78703 been on the market?

This listing has been on the market for 99 days.

What type of property is 1231 Parkway, Austin, TX 78703?

This is a Single Family Residence on a 6,442.52 sqft lot.

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