3107 Speedway, Austin, TX

$2,900,000

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0.19

Acres

About 3107 Speedway

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 Sale
Sub-Type Apartment
Status Active

Community Information

Address 3107 Speedway
Area UT
Subdivision Grooms Add
City Austin
County Travis
State TX
Zip Code 78705

Amenities

Utilities Electricity Connected, Sewer Connected
Parking Common, Covered, Off Street
View None
Is Waterfront No
Has Pool No

Interior

Interior Vinyl
Heating Central
Fireplace No

Exterior

Lot Description Flat
Construction HardiPlank Type
Foundation Slab

Additional Information

Date Listed March 9th, 2026
Days on Market 180
Zoning NO-NCCD-ETOD-DBETOD-NP
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMuskin Elam Group LLC
Contact Info(512) 343-2700
Office Contact(512) 343-2700

Listing Map

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