ActiveCommercial · sale

3107 Speedway None

Austin, TX 78705

$2,900,000

  • 8,506 sq ft
  • 0.19 acres
  • Built 1965

Listed by Muskin Elam Group LLC · MLS #ACT8223903

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3107 Speedway None, Austin, TX 78705 · MLS #ACT8223903

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The Parker at Hyde Park features a two-story, garden-style building with 100% one-bedroom units (approx.

Year built

Built in 1965.

Property size

0.19 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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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.

THE NEIGHBORHOOD

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3107 Speedway None, Austin, TX 78705

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LOCAL MARKET CONTEXT

Travis County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$505,893Down 1.5% vs. the previous 12 months
Months of supply5.612-month average
Days on market8412-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Commercial Sale
Category
Commercial
Year built
1965
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Flooring
Vinyl
Accessibility
None
Subdivision
Grooms Add
Zoning
NO-NCCD-ETOD-DBETOD-NP
Parcel
02160407040000
Annual property tax
$51,351.80

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #ACT8223903 · Austin Board of Realtors

Listing brokerage: Muskin Elam Group LLC
Listing agent: Sally Burns

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.