$2,900,000
( $340.94Per Sq Foot )
 $15,568 est/mo Sourced by Back At You

3107 Speedway None,Austin, TX 78705

Austin, TX 78705

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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.

Details

MLS #8223903
Listing TypeFor Sale
StyleApartment
Sub-TypeResale
StatusActive
Year1965
Days On Site171
Listing Provided ByMuskin Elam Group LLC | Sally Burns

Features

SQ Feet8,506
Building(s)1
ZoningNO-NCCD-ETOD-DBETOD-NP
Acreage0.19
Property ViewNone

Interior

CoolingCeiling Fan(s), Central Air
HeatingCentral
FlooringVinyl

Exterior

Foundation DetailsSlab
Topographyflat
Construction MaterialsHardi Plank Type
Security FeaturesSmoke Detector(s)

Parking

Parking FeaturesCommon, Covered, Off Street

Utilities

UtilitiesElectricity Connected, Sewer Connected
SewerPublic Sewer

Other

List AorAustin Board Of Realtors

Taxes

Property51351

Area Information

StateTX
CountyTravis
CityAustin
Zip Code78705
AreaUT
Community NameGrooms Add
Listing VS Median (in Grooms Add)
Price:
$2,900,000
low | high
Med:
$1,300
100% of Average
sqft:
8,506
low | high
Med:
576
100% of Average
$ / sqft:
$341
low | high
Med:
$2
100% of Average
On site:
171
low | high
Med:
68
100% of Average
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 27, 2026 at 6:50:28 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78705
AreaUT
Community NameGrooms Add
Listing VS Median (in Grooms Add)
Price:
$2,900,000
low | high
Med:
$1,300
100% of Average
sqft:
8,506
low | high
Med:
576
100% of Average
$ / sqft:
$341
low | high
Med:
$2
100% of Average
On site:
171
low | high
Med:
68
100% of Average
Sourced by Back At You
Listing Updated: August 13, 2026 at 4:07:44 PM PDT
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