Active Listing  ·  107 days on market

4205 Speedway Ave #107

Austin, TX 78751
$191,600
1 Bed 1 Bath 450 sqft $426/sqft Built 1980 0.45 acres Pool Hyde Park

** Seller will pay 3 1/2% closing cost assistance to either pay closing costs or buy down interest rate** Ready for remodel w/yard. Airbnb Friendly Community. Discover an incredible opportunity to own a 1-bedroom condo in the heart of Hyde Park, one of Austin’s most desirable and historic neighborhoods. This deal is a rare find, making it an ideal choice for 1st-time buyers, investors, or UT students looking to secure a prime location. Hyde Park is known for its tree-lined streets, charm, & vibrant community. Minutes away from the UT campus. Imagine the short commute to classes & being close to all the amenities that campus life offers while enjoying the quiet and peaceful atmosphere of Hyde Park. This condo offers a fantastic foundation with great potential for upgrades and personalization. Whether you’re looking to modernize the kitchen, enhance the bathroom, or create a cozy, contemporary living space, the possibilities are endless. At this price point, you have the freedom to make improvements that align with your taste and lifestyle, ultimately increasing the property’s value. The living area is bright and airy, with large windows and natural light. The bedroom is spacious enough to accommodate your needs, offering a tranquil retreat after a long day. With a bit of imagination and some thoughtful updates, this condo can become your personalized oasis in the city. Additionally, Hyde Park’s location provides easy access to downtown Austin, the eclectic shops and eateries of North Loop, and the beautiful outdoor spaces at Shipe Park and the Elisabet Ney Museum. Public transportation is readily available, making it easy to navigate the city without the hassle of parking. This condo is not just a home but a smart investment in your future. Whether you're a UT student, a first-time buyer, or an investor looking for a property with great potential, this condo is a hidden gem waiting to be polished. Don’t miss out on this unique opportunity to own a piece of Hyde Park

At $426/sqft, this home is priced 9% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4205 Speedway Ave #107, Austin, TX 78751

Property Details

Price $191,600
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 450 sqft
Lot Size 0.45 acres (19,471.32 sqft)
Year Built 1980
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Hyde Park
County Travis
Zip Code 78751
$/sqft $426/sqft
Days on Market ,
HOA $175/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228179199
List Date April 29, 2026
Elementary School Lee
Middle School Kealing
High School McCallum
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
2714 Nueces St #107
Nueces Corner Condo Amd
$192,000 $481 1 bd / 1 ba 399 sqft , 2026-05-27
407 E 45th St #116
Spanish Oaks Condo Amd
$190,000 $380 1 bd / 1 ba 500 sqft , 2026-03-25
3008 Cedar St #3
Fruth Add
$190,000 $417 1 bd / 1 ba 456 sqft , 2026-06-16
3008 Cedar St #4
Fruth Add
$190,000 $417 1 bd / 1 ba 456 sqft , 2026-06-16
204 E 30th St #101
30th Street Condominiums
$189,000 $420 1 bd / 1 ba 450 sqft , 2026-07-17

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$920/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$38,320
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$920
Principal + Interest−$1,046
Property Tax (~2.1% TX avg)−$335
Insurance (~0.5%)−$80
Est. Monthly Cash Flow $-541

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Neighborhood Context

About Hyde Park

Hyde Park is the neighborhood that defined what Austin neighborhoods could be. Developed in the 1890s as one of Austin's first streetcar suburbs, it has maintained its historic character - tree-lined streets, craftsman bungalows, Victorian cottages - while staying one of the most livable and walkable parts of the city.

The neighborhood sits north of UT Austin between Guadalupe Street and Duval, roughly from 38th to 51st Street. Its proximity to the university brings energy and walkability, and the Guadalupe "Drag" corridor offers coffee shops, restaurants, and bookstores steps from most homes.

🏘️
Architecture

One of Austin's best collections of historic homes - craftsman bungalows, Victorian cottages, and mid-century ranches that have survived Austin's development waves intact.

🚶
Walkability

Walk Score of 85. Coffee, restaurants, parks, and the UT campus are all within walking distance. One of the few Austin neighborhoods where you can genuinely live without a car for day-to-day needs.

🌿
Shipe Park

The neighborhood's anchor green space - pool, tennis courts, and a community hub that hosts farmers markets and neighborhood events.

📚
UT Proximity

5-minute drive or 20-minute walk to UT's campus. Great for faculty, staff, and graduate students; also adds long-term rental investment potential for owners.

Full Hyde Park Guide →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on June 29, 2026.

📞 (254) 718-2567 [email protected] More about Luke →