3107 Speedway, Austin, TX 78705
3107 Speedway, Austin, TX 78705
3107 Speedway, Austin, TX 78705
3107 Speedway, Austin, TX 78705
3107 Speedway, Austin, TX 78705
3107 Speedway, Austin, TX 78705
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DMTX Realty Group
$ 2,900,000
Est. payment | /mo

8,506 SqFt


Save
$ 2,900,000
Est. payment | /mo
Save

8,506 SqFt

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 8,506 sqft

Price per Sqft $340

Subdivision Grooms Add

MLS Listing ID 8223903

Year Built 1965

Annual Tax Amount $51,351

Tax Year 2025

Lot Size 8,219 Sqft

Acres 0.1887

Property Sub-Type Apartment

Source actris

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.

Location

State TX

County Travis

Zoning NO-NCCD-ETOD-DBETOD-NP

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Vinyl

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected

View None

Total Parking Spaces 18

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type

New Construction No

Others

Special Listing Condition Standard

Listed by Muskin Elam Group LLC

Nearby Locations

DMTX Realty Group

Top 1% Real Estate Team in Texas

Over $2 Billion in Total Sales

+1(512) 751-6060

info@dmtx.com

1617 W 6th St Suite C, Austin, TX, 78703, USA

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3107 Speedway