#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on February 21, 2024. Looking for something similar? Contact us or browse available homes.
1608 Parker LN
Austin, TX, 78741
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$525,000
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**For full Offering Memorandum go to tinyurl.com/1608parker ** There is a lot to love about this Riverside duplex. Both units come occupied with great tenants and both sides have private laundry facilities and covered parking. However, the investor still has the opportunity to raise rents to increase cash flow. The location is prime. Note how close the duplex is to Lady Bird Lake, Downtown Austin, UT Austin, and the ABIA airport. Major employers nearby include Oracle, Google, Facebook, Indeed, St Davids Hospital, UT Medical School, and the City of Austin. The duplex is also just a short walk from the UT Shuttle bus and Metro lines. Note that the sewer lines have been replaced with PVC and the foundation has been repaired with steel piers which will save the buyer tens of thousands of dollars in repair costs.
Property Type
Residential Income
Year Built
1964
Lot Size
0.26 acres
$/Sq Ft
$391
Garage
2 spaces
Listed by Keller Williams Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
1608 Parker LN is listed at $525,000 with 0 bedrooms, 1,343 square feet, 0.26-acre lot. This places it above the 78741 median of $375,000.
1608 Parker LN is zoned for Austin ISD with assigned schools: Travis Hts (8/10) (elementary), Martin (2/10) (middle), Travis (high). School assignments should be verified directly with the district.
1608 Parker LN is a Residential Income built in 1964 featuring 0 bedrooms, 1,343 square feet, 0.26-acre lot.
1608 Parker LN is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1608 Parker LN is $9,663. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Payne Lloyd W
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-29.3% | — | $412,920 | — | $73,380 |
2024+12.3% | — | $584,000 | $315,000 | $217,214 |
2023-4.4% | — | $519,881 | $472,500 | $111,500 |
2022+42.4% | — | $543,784 | $262,500 | $257,381 |
2021 | — | $381,804 | $262,500 | $281,284 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($105K)
$525,000
Luxury property intelligence
A sourced read on Payne Lloyd W pricing, timing, and property scale. No automated valuation claim.
List price
$525,000
Price per sqft
$391/sqft
Vs. Payne Lloyd W median
Not available
Days on market
945 days
Original to current
No verified reduction
$525K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($105,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1608 Parker LN is around $3,529 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $525,000, 1608 Parker LN is in the Payne Lloyd W market where there are currently 40 active listings in 78741. The Keenan Group has completed 5 transactions in 78741 as part of 1,000+ career sales totaling $1B+ across Austin.
1608 Parker LN was built in 1964 (62 years ago). Buyers should budget for potential updates to major systems.
1608 Parker LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-29.3% | — | $412,920 | — | $73,380 |
2024+12.3% | — | $584,000 | $315,000 | $217,214 |
2023-4.4% | — | $519,881 | $472,500 | $111,500 |
2022+42.4% | — | $543,784 | $262,500 | $257,381 |
2021 | — | $381,804 | $262,500 | $281,284 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Active listings near 1608 Parker LN
Recent sales for market context
