Market Overview for Parker Lane
There are 31 active listings in Parker Lane with a median list price of $299K and a median sold price of $327K.
Homes average 89 days on market.
Over the past 30 days, 3 homes have sold, with 38 sales in the past 12 months.
The average price per square foot is $275.
About Parker Lane
Parker Lane is a southeast Austin neighborhood located directly east of Saint Edward's University and bordered by Ben White Boulevard on the north and Interstate 35 on the east, with a population of 8,179 residents according to recent census data. The neighborhood is positioned adjacent to the University of Texas at Austin campus, one of the nation's leading research universities with an enrollment exceeding 52,000 students. The median home price is approximately $410,000, with prices ranging from $330,000 to $444,000 depending on property type and condition, reflecting mixed ownership and rental demographics. The neighborhood is about 5 miles from downtown Austin, approximately a 17-minute drive via Ben White Boulevard or I-35 southbound. The area features a blend of urban convenience and quiet residential character, with one- and two-story houses on tree-lined interior streets. While the neighborhood's edges near major thoroughfares can experience traffic noise from I-35 and Ben White Boulevard, the interior maintains a quiet residential atmosphere typical of established Austin neighborhoods.
Parker Lane is served by Austin Independent School District with Linder Elementary School serving grades Pre-K through 5th with 549 students, Lively Middle School serving grades 6-8, and Travis Early College High School serving grades 9-12 with approximately 1,157 students. Linder Elementary operates as a united campus community providing gifted and talented research programs and accelerated curriculum pathways for advanced learners, with emphasis on challenging and enriching coursework. The neighborhood is home to Mabel Davis District Park, located at 1601 Johanna Street, which features an Olympic-size outdoor pool measuring 50 meters with both lap and recreational swimming areas, one of Austin's two public skate parks with 12,000 square feet of skating surface, basketball courts, and open recreation areas with picnic facilities. The district park serves approximately 25,000 visitors annually and maintains recreational programming year-round.
The neighborhood offers high walkability with nearby bars, restaurants, independent coffee shops, and neighborhood parks accessible on foot. Recent infrastructure improvements include the Parker Lane Apartments, which opened in 2026 at 2105 Parker Lane with 135 units offering affordable housing options and supportive services for individuals experiencing housing insecurity. The Austin Water utility has begun the Parker Lane Pipeline Renewal Project in 2026 to replace aging water and wastewater infrastructure serving the neighborhood. These improvements enhance neighborhood livability and infrastructure reliability for residents and businesses.
