3107 Speedway, Austin, TX 78705 (MLS # 8223903)
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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.
| LAST UPDATED | 3/9/2026 | TRACT | Grooms Add |
|---|---|---|---|
| YEAR BUILT | 1965 | COMMUNITY | Grooms Add |
| COUNTY | Travis | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | UT |
| CONSTRUCTION | HardiPlank Type |
| HEAT | Central |
| INTERIOR | Appliances |
| LOT | 8220 sq ft |
| LOT DESCRIPTION | Level |
| PARKING | Common, Covered, Off Street |
| SEWER | Public Sewer |
| SUBDIVISION | Grooms Add |
| TAXES | 51351.83 |
| UTILITIES | Electricity Connected, Sewer Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Sally Burns, Muskin Elam Group LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 3/14/26 2:08 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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.
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.
This IDX solution is (c) Diverse Solutions 2026.