3107 Speedway
ActiveAustin, TX 78705
Muskin Elam Group LLC · MLS# 8223903 · Active
$2,900,000
Beds
0
Baths
0
Sq Ft
—
Acres
0.1887
Built
1965
Type
Apartment
About This Home
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.
Interior
- Flooring
- Vinyl
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Central
Exterior & Lot
- Parking
- Common, Covered, Off Street
- Condition
- Resale
Location
3107 Speedway · Austin, TX 78705
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$2,900,000
3107 Speedway