Active Listing  ·  62 days on market

2206 Parkway None

Austin, TX 78703
$1,799,950
3 Bed 2 Bath 2,032 sqft $886/sqft Built 1931 0.21 acres 2-Car Garage Pool Enfield D

Quietly tucked away within one of Old Enfield’s most established and sought-after pockets, the Rose Cottage is a home defined by its history, character, and enduring sense of care. Positioned along Shoal Creek and just moments from Pease Park, the setting offers a rare balance of privacy and proximity, where natural surroundings and city access come together seamlessly.

The home itself carries a warmth that reflects its character and thoughtful design, with a layout that lives comfortably and spaces that feel both inviting and functional. Natural light moves easily throughout, while the connection to the surrounding landscape creates a sense of calm. Whether enjoyed as-is or thoughtfully reimagined over time, the opportunity here is as much about the setting as it is the home.

With walkable access to parks, trails, and some of Austin’s most beloved destinations, this is a property that offers both lifestyle and long-term value. Opportunities like this in Old Enfield, especially along Shoal Creek, are increasingly rare.

At $886/sqft, this home is priced 127% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2206 Parkway None, Austin, TX 78703

Property Details

Price $1,799,950
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,032 sqft
Lot Size 0.21 acres (9,230.36 sqft)
Year Built 1931
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Enfield D
County Travis
Zip Code 78703
$/sqft $886/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $35,909.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232526034
List Date June 3, 2026
Elementary School Casis
Middle School O Henry
High School Austin
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1511 Chelsea Ln
Santiago Del Valle Surv Abs #2
$1,799,900 $724 4 bd / 3 ba 2,486 sqft , 2026-04-29
435 Brady Ln
Henry P Hill League
$1,800,000 $879 4 bd / 2 ba 2,047 sqft , 2026-07-27
1604 Cliffwood Dr
Aqua Monte
$1,795,000 $815 3 bd / 3 ba 2,202 sqft , 2026-05-14
3112 Clawson Rd
THEODORE HEIGHTS
$1,775,000 $809 3 bd / 3 ba 2,194 sqft , 2026-05-28
3007 Village Dr
Highland Village Sec 02 Pt 02
$1,770,000 $663 4 bd / 4 ba 2,671 sqft , 2026-07-06

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$8,640/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$359,990
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$8,640
Principal + Interest−$9,823
Property Tax (~2.1% TX avg)−$3,150
Insurance (~0.5%)−$750
Est. Monthly Cash Flow $-5,083

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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