Discover Parker Heights, a boutique 54-unit community ideally situated at 1300-1302 Parker Lane in Austin’s Southeast Central submarket, just off vibrant East Riverside Drive, where the traffic counts exceed 41,000 vehicles daily. Enjoy effortless connectivity with easy access to I-35 less than one mile away and the 183 toll road, just three miles east, offering a convenient bypass to Central Austin’s traffic congestion. This asset comprises 54 units spread across 5 two-story buildings, featuring a mix of 24 studios, 20 one-bedroom, and 10 two-bedroom floor plans. The property exhibits classic architecture with modern updates, including hardwood floors, gas stoves, and walk-in closets. Residents enjoy a suite of amenities such as an inviting swimming pool, central courtyard with BBQ/ picnic area, and one on-site laundry facility. Parker Heights consists of two separate parcels, offering multiple exit strategies. In addition to a compelling value-add opportunity through renovations, the properties are well-positioned for potential condo conversion or future redevelopment.