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Parker Lane

Parker Lane

Suburban Neighborhood in Austin, Texas

Travis County 78741

Neighborhood Reviews
3.1
$465,983 Average Value
$303 Average Price per Sq Ft
33 Homes For Sale
Parker Ln_Overview of Modern Houses_Showing Hills
Parker Ln_Overview of Modern Houses_Showing Hills

Under-tapped market, for now

Student housing might come to mind when considering the Austin's Parker Lane neighborhood, but hidden behind the main boulevards’ large apartment complexes are cozy pockets of residential neighborhoods. “It’s still kind of under-tapped by buyers," says Stacie Watts, an associate broker on the Holm team at Compass with 10 years of real estate experience. “It’s growing slower for how close it is to downtown.” Because of this prime location, Watts believes that one day, the area will be occupied by nice, large homes, as is the case in the adjacent neighborhood of Travis Heights. In fact, new construction is already causing this shift. But for now, it remains a good place to get a condo or a starter home with a price point offering entry into the market.

Affordable condos and renovated ranch-styles

Many of the older apartment complexes rented by University of Texas and St. Edward’s undergrads have been replaced by luxury apartment buildings and condos. There’s a similar trend happening with homes. “There are big lots out there so we’re seeing some people knock homes down and put up two. That helps with the affordability,” Watts says. “But we’re also seeing people renovate some older homes as well.” Ranch-styles and a variety of midcentury single and two-story homes can be found in cul-de-sacs and dead-end streets. A one-bed, one-bath condo built in the 80s will run for around $225,000 while a four-bed, two-bath newly renovated ranch-style with a large backyard could go for $679,000.

Single story traditional homes are commonly seen throughout Parker Lane.
Single story traditional homes are commonly seen throughout Parker Lane.
Homes in Parker Lane come in all shapes and sizes.
Homes in Parker Lane come in all shapes and sizes.
Single story homes in Parker Lane are perfect for new families.
Single story homes in Parker Lane are perfect for new families.
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Breakfast tacos and dim sum brunches

This corner of Austin is close to a lot restaurants, taco shops and bars, especially along Oltorf Street. Cuisine ranges from small Honduran and Vietnamese eateries to chains like Subway. The cafes in the neighborhood are great for brunch, especially a dim sum brunch at 1618. Just over one mile away, the H-E-B Plus offers a deli, pharmacy and florist in addition to grocery shopping.

Grab some coffee at Cafe Creme' in Parker Lane.
Grab some coffee at Cafe Creme' in Parker Lane.
La Hawaiiana has the best tacos in Parker Lane.
La Hawaiiana has the best tacos in Parker Lane.
1618 Asian Fusion offers breakfast, lunch and dinner.
1618 Asian Fusion offers breakfast, lunch and dinner.
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Schools with great hopitality (programs)

Austin Independent School District has open enrollment for all students in the district. Students in the neighborhood can begin their education at Linder Elementary School, which receives a C-plus rating on Niche. Lively Middle, formerly known as Fulmore Middle, is rated a B overall while Travis Early College High scores a B-minus. Their P-TECH School model allows students to earn industry certifications, and the Hospitality CTE program has been especially successful in preparing students for careers in the field.

Children soar to new heights at Lively Middle School.
Children soar to new heights at Lively Middle School.
Travis Early College High School is a top rated public school in Austin, TX.
Travis Early College High School is a top rated public school in Austin, TX.
Students of Parker Lane are taught at Linder Elementary.
Students of Parker Lane are taught at Linder Elementary.
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Spring-fed and Olympic-size pools

Residents have easy access to Lady Bird Trail, a year-round 10-mile hiking and biking trail that winds through downtown. There are many stops along the route, including two spring-fed pools. In Mabel Davis Park, the outdoor pool is Olympic-size, with half of the pool divided into lanes. It’s also home to Austin’s first public skate park.

Some people like to fish at nearby Lady Bird Lake.
Some people like to fish at nearby Lady Bird Lake.
Get your exercise walking the boardwalk around Lady Bird Lake.
Get your exercise walking the boardwalk around Lady Bird Lake.
Swim in the pool to cool off on a hot day at Big Stacy Neighborhood Park in Travis Heights.
Swim in the pool to cool off on a hot day at Big Stacy Neighborhood Park in Travis Heights.
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Just under 5 miles to Downtown

The neighborhood is bordered by Ben White Boulevard and Interstate 35, which is adjacent to the University of Texas at Austin’s campus. Just under 5 miles, it’s about a 17-minute drive to downtown Austin. There are sidewalks on some streets, but it is mostly a car-dependent area.

Parker Lane is a small neighborhood near Downtown Austin.
Parker Lane is a small neighborhood near Downtown Austin.
East Oltorf takes you to downtown from Parker Lane in just minutes.
East Oltorf takes you to downtown from Parker Lane in just minutes.
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Riki Markowitz
Written By
Riki Markowitz
Tyler Hall
Video By
Tyler Hall

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Myra Martinez, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Austin-Bergstrom International

19 min drive

Bus

3301 Parker & Timber Ridge

Bus

6143 Oltorf & Montopolis & Eb

Bus

5413 Oltorf & Alvin Devane

Bus

2504 Parker & Braxton

Bus

2310 Parker & Oltorf

Bus

3004 Parker & Timber Ridge

Bus

Woodward & Ben White NW Corner

Reviews

Niche Reviews
3.1 20 Reviews
3.0 Niche User
4/29/2015 Niche Review
Lots of section 8 housing nearby.
5.0 Niche User
9/19/2014 Niche Review
The Soup Peddler on South Lamar is amazing. They deliver once a week to certain areas. All their soups are made from scratch with healthy sometimes local ingredients. They have different options to choose from every day.
3.0 Niche User
4/29/2015 Niche Review
Summer is crazy hot and a lot of the state catches on fire.
3.0 Niche User
4/29/2015 Niche Review
Kind of close to questionable area, but not IN the questionable areas.
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Crime and Safety

1 - Low Crime, 10 - High Crime Parker Lane US
Homicide 5 4
Sexual Assault 6 4
Assault with Weapon 6 4
Robbery 7 4
Burglary 7 4
Motor Vehicle Theft 9 4
Larceny 6 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$343,000
Median Single Family Price
$550,000
Median Townhouse Price
$289,950
Median 2 Bedroom Price
$262,500
Median 1 Bedroom Price
$185,000
Average Price Per Sq Ft
$303
Number of Homes for Sale
33
Last 12 months Home Sales
37
Months of Supply
10.70
Median List Price
$349,950
Median Discount From 1st List Price
5%
Median Home Sale Price YoY Change
9%

Home Facts

Number of Homes in Neighborhood
1,145
Median Year Built
1983
Avg. Single Family Home Size Sq Ft
1,596
Below the national average
1,935
Average Townhouse Size Sq Ft
1,455
Average 2 Bedroom Size Sq Ft
1,354
Average 1 Bedroom Size Sq Ft
1,097
Median Lot Size Sq Ft
3,484

Open Houses

  • Friday, Apr 25
    7am - 9pm

    2450 Wickersham Ln Unit 205, Austin, TX 78741

    $210,000

    • 1 Bed
    • 1 Bath
    • 704 Sq Ft
    • 2450 Wickersham Ln
    • Unit 205
    • New 2 days ago

    GREAT LOCATION SO CLOSE TO DOWNTOWN, Lady Bird Lake, SOCO & other entertainment areas, UT Shuttle, Bus, Airport and so much more. Chamonix Condos offers a gated entry, two pools, multiple green spaces, and close proximity to all the best Central Austin has to offer! This 1st level Unit is located near front with park like setting just outside front door in a Cozy wooded corner, this end unit

    Betty Epperson Epperson Realty Group LLC

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  • Saturday, Apr 26
    11am - 1:30pm

    3400 Santa fe Dr, Austin, TX 78741

    $620,000

    • 4 Beds
    • 2.5 Baths
    • 1,974 Sq Ft
    • 3400 Santa fe Dr
    • New 2 days ago

    Southeast Austin Charmer within four miles of Downtown Austin. Three incredible outdoor living options, including a massive covered balcony off the back. Four bedrooms, three total bathrooms, plus an addition with half bath and extra storage. Situated on high ground on a large .2 acre lot, the open floor plan seamlessly flows together, featuring an open kitchen with a wine fridge. A shaded front

    Drew Johnson Bramlett Partners

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  • Sunday, Apr 27
    5 - 6pm

    2914 Allison Dr, Austin, TX 78741

    $599,900

    • 3 Beds
    • 2 Baths
    • 1,546 Sq Ft
    • 2914 Allison Dr
    • New 2 days ago

    Looking for an updated one story in a quiet neighborhood with little thru traffic and an amazing deck for parties and get togethers? This single story home is a cozy modern cabin in southeast Austin. The natural stone floors and wood treatments all around give this a native Texan feel without sacrificing amenities like oversized granite countertops, barnwood doors, luxury lighting fixtures, and

    Alyse Black Heart Of Austin Homes

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Myra Martinez, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
9,688
Median Age
35
Population Density
9 ppl/acre
Population under 18
19.3%
On par with the national average
23.8%
Population over 65
7.7%
Below the national average
19.1%

Finances

Median Household Income
$50,527
Significantly below the national average
$71,702
Average Household Income
$67,865

Education and Workforce

High School Graduates
89.8%
College Graduates
45.6%
Above the national average
34.1%
Advanced Degrees
11.7%
% Population in Labor Force
79.2%
Above the national average
65.1%

Weather

Annual Precipitation
37''
Average Winter Low Temperature
42°F
Average Summer High Temperature
97°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

44 / 100

Car-Dependent

Walk Score®

24 / 100

Some Transit

Transit Score®

44 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Parker Lane