3107 SPEEDWAY NONE

Austin, 78705
Updated Jun 28, 2026 • On market 190 days
$2,900,000
1965 Built
190 Days on Market

About This Property

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.

Property Details

Interior

  • Bedrooms 0
  • Half Baths 0
  • Living Area — Sq Ft

Property

  • Year Built 1965
  • Property Type Commercial Sale
  • Sub Type Apartment
Listed by Muskin Elam Group LLC
MLS# 8223903

Neighborhood

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