3107 Speedway, Austin, TX 78705
- $2,900,000
- List Price
- $2,900,000
- Status
- ACTIVE
- MLS#
- 8223903
- Price Change
- ▼ $100,000 1775174676
- Days on Market
- 141
- Lot Size
- 8,219
- Area
- Austin - Central
Property Description
Excellent value-add opportunity in the heart of Hyde Park, just two blocks north of the University of Texas. The Parker at Hyde Park features a two-story, garden-style building with 100% one-bedroom units (approx. 550 sq. ft.) situated over under-building parking. Interior highlights include vaulted ceilings with exposed wood beams, walk-in closets, gas ranges, and individual HVAC units. With only a few units recently renovated, there is significant upside to increase rental rates and reduce operating expenses through further interior upgrades. The property is situated on a lot with favorable NO-NCCD-ETOD zoning, signaling future density potential and excellent proximity to high-frequency transit. Residents enjoy walkability to "The Drag" on Guadalupe, major medical hubs (Ascension Seton, St. David’s), and the historic Aldridge Place neighborhood. Amenities include an on-site laundry facility, community bike racks, and dual-street parking access via Speedway and Helms Street. A rare chance to acquire a well-positioned asset in one of Austin’s most resilient submarkets.
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Additional Information
- Taxes
- $51,351
- Tax Year
- 2025
- Year Built
- 1965
- Parking Spaces
- 18
- Construction
- HardiPlank Type
- Region
- Austin - Central
- View
- No View
- Sewer
- Public Sewer
- Street Name
- Speedway
- Street Number
- 3107
- Neighborhood
- Grooms Add
- Water
- Public
- Acres
- 0.19
- County
- Travis
- Floor
- Vinyl
- Heating
- Central
Mortgage Calculator
Listing courtesy of Muskin Elam Group LLC. Contact: (512) 343-2700
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