ActiveResidential · sale

221 Park Ln

Austin, TX 78704

$2,590,000

  • 6 beds
  • 5 baths
  • 2,870 sq ft
  • 0.38 acres
  • Built 1949

Listed by Compass RE Texas, LLC · MLS #ACT2213791

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PROPERTY QUESTIONS & SHOWINGS

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221 Park Ln, Austin, TX 78704 · MLS #ACT2213791

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The main home was originally built in1949 and thoughtfully rebuilt in 2009.

Details worth a look

The Garden Cottage offers a private bedroom and fully equipped kitchen, the Carriage House features a charming loft and comfortable living space, and the beloved Vicky House provides a cozy studio retreat crafted with reclaimed materials.

Year built

Built in 1949.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Hidden beneath a canopy of towering Live Oaks in the heart of Travis Heights lies a private retreat where the energy of South Congress is just a short stroll away, yet the moment you arrive, the outside world seems to disappear. Blocks from boutiques, acclaimed restaurants, coffee shops, and live music that define South Congress, this unique furnished property spreads across a spacious corner lot. The property includes a beautifully restored main residence and 3 thoughtfully designed guest cottages, creating 6 bedrooms and 5 full bathrooms across 2,870 square feet. The main home was originally built in1949 and thoughtfully rebuilt in 2009. Vaulted ceilings, warm Southern Pine floors, handcrafted Mesquite cabinetry, a reclaimed Texas Capitol window, Camp Swift architectural materials, and a striking stone fireplace plus a well-appointed kitchen flow effortlessly into multiple living and dining areas. Each guest cottage has its own distinctive personality. The Garden Cottage offers a private bedroom and fully equipped kitchen, the Carriage House features a charming loft and comfortable living space, and the beloved Vicky House provides a cozy studio retreat crafted with reclaimed materials. Beneath 300-year-old Live Oaks, you can enjoy a swim and outdoor shower, harvest fresh herbs from the organic garden, or unwind on one of several inviting patios. Sustainable features—including solar panels, an EV charger, and decades of chemical-free stewardshipreflect the property's mindful design. Walk just a few minutes to iconic South Congress for dinner, coffee, shopping, or live music at the legendary Continental Club. Spend your mornings jogging along Lady Bird Lake, biking the hike-and-bike trails, or relaxing at nearby Stacy Park before returning home to your own private oasis.

THE NEIGHBORHOOD

Explore the location.

221 Park Ln, Austin, TX 78704

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Map position comes from the listing source. Open directions in Google Maps

LOCAL MARKET CONTEXT

Travis County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$505,893Down 1.5% vs. the previous 12 months
Months of supply5.612-month average
Days on market8412-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1949
Full baths
5
Half baths
0
Garage spaces
0
Cooling
Central Air
Heating
Central
Appliances
Built-In Gas Oven, Dishwasher, Dryer, Gas Cooktop, Refrigerator, Stainless Steel Appliance(s), Washer, Tankless Water Heater
Flooring
Wood
Fencing
Wood
Accessibility
None
Pool features
In Ground
Subdivision
Sedwick A B Resub
Parcel
03000107120000
Elementary school
Travis Hts
Middle school
Lively
High school
Travis

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$10,791.67
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #ACT2213791 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Matt Holm

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.