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.
Features of 3107 Speedway
MLS® #
8223903
Price
$2,900,000
Bathrooms
0.00
Acres
0.19
Year Built
1965
Type
Commercial
Sub-Type
Apartment
Status
Active
Has Pool
No
Water Feature/View
View
None
Is Waterfront
No
Community Information: Austin
Address
3107 Speedway
Area
UT
Subdivision
Grooms Add
City
Austin
County
Travis
State
TX
Zip Code
78705
Amenities of 3107 Speedway
Utilities
Electricity Connected, Sewer Connected
Parking
Common, Covered, Off Street
Interior of 3107 Speedway
Interior
Vinyl
Heating
Central
Fireplace
No
Exterior of 3107 Speedway
Lot Description
Flat
Construction
HardiPlank Type
Foundation
Slab
Additional Information On 3107 Speedway
Days on Market
195
Zoning
NO-NCCD-ETOD-DBETOD-NP
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Reduced from $3,000,000 to $2,900,000
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Muskin Elam Group LLC(512) 343-2700. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 21st, 2026 at 3:45am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
