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$2,451,000

221 Park Ln, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,775 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$4.5 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesBuilt-In Gas Oven, Dishwasher, Gas Cooktop, Refrigerator
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size16,501 sqft

Building Information

Year Built1941
Stories1
Roof Type105

Land Information

APN03000107120000
Lot NumberB
SubdivisionSedwick A B Resub
Land UseResidential
Legal DescriptionLOT B SEDWICK A B RESUB
Census Tract001401
Assessed Land Value$864,068
Assessed Improvement Value$574,023
Assessment Year2025

About this property

Historic Park Lane Guest House – Now Available Fully Furnished Home in Travis Heights – For the first time in over 30 years, the iconic Park Lane Guest House—a beloved and internationally recognized eco-retreat in Austin's coveted 78704 is available to the market. Once named one of the top veggie hotels in the world, this unique property is steeped in soul, sustainability, and Austin charm. Nestled in the heart of the Travis Heights neighborhood, the home offers rare access to Austin’s best restaurants, parks, and culture—just blocks from South Congress and moments to downtown. Originally constructed in 1949 from reclaimed Camp Swift buildings in Bastrop, the house features Southern Pine floors, original 8-over-8 windows, a stone foundation, and a gas fireplace built from native stone. The primary suite boasts a vaulted ceiling and brand new Sattva organic king mattress, while the secondary bedroom has its own private hall and OMI queen organic mattress. Every inch is considered, from the clawfoot tub and walk-in tiled shower to the antique Rogers silverware, custom mesquite kitchen cabinetry, and etched glass Texas Star window reclaimed from the State Capitol. Entertain or unwind in the dining room with original French doors, mid-century teak furniture, and fully equipped kitchen outfitted with Le Creuset, HexClad cookware, and stainless steel appliances. The den/office features a 65” Vizio TV with sound system, leather-topped desk, and solar shades. All furnishings, linens, and household essentials are included—just bring your suitcase. Designated off-street parking with Level2 EV charging station.

Investor Tools

Property Icon
$2,451,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,451,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,706 /month
Positive
Cash Flow Estimate:
$4,902 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,827
$1,438,091
2025
$864,068
$574,023
$1,438,091
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,827
$1,438,091

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,451,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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221 Park Ln | Property Details | No Agent List