$405,438Average Value$272Average Price per Sq Ft47Homes For Sale
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Many of the older apartment complexes rented by University of Texas and St. Edward’s undergrads have been replaced by luxury apartment buildings and condos.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.
Homes in Parker Lane come in all shapes and sizes.
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.
La Hawaiiana has the best tacos in Parker Lane.
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.
Travis Early College High School is a top rated public school in Austin, TX.
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.
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.
East Oltorf takes you to downtown from Parker Lane in just minutes.
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
There hasn't been that much crime lately, at least not in my area that I should be concerned about.
3.0Niche User
4/29/2015Niche Review
Lots of things going on in my area, not exactly amazing jobs, but go further into the city and there are plenty of great things.
5.0Niche User
9/19/2014Niche 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.
4.0Niche User
7/17/2016Niche Review
It's not the lakeside trail running, but still good
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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
6
4
Burglary
6
4
Motor Vehicle Theft
6
4
Larceny
7
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Parker Lane Demographics and Home Trends
On average, homes in Parker Lane, Austin sell after 101 days on the market compared to the national average of 55 days. The median sale price for homes in Parker Lane, Austin over the last 12 months is $330,000, consistent with the median home sale price over the previous 12 months.
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$1,350 per month
2 Beds
1 Bath
935 Sq Ft
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Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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