Active Listing  ·  21 days on market

4205 Speedway Ave #112

Austin, TX 78751
$197,000
1 Bed 1 Bath 450 sqft $438/sqft Built 1980 0.45 acres Pool Hyde Park

Welcome home to your own Hyde Park hideaway a bright and charming 1-bedroom condo nestled in one of Austins most beloved historic neighborhoods.This is more than just a place to live its a lifestyle. Imagine morning walks under the shade of century-old oak trees, coffee runs to Quacks Bakery, and a quick bike ride to the UT campus. Youre close enough to the action, yet surrounded by the peaceful rhythm that makes Hyde Park so special.Inside, natural light fills the living area, creating a warm and inviting atmosphere from the moment you step in. The open layout gives you space to relax, study, or entertain. The bedroom is spacious and serene your own retreat after a long day.This home has great bones and endless potential. Update the kitchen, refresh the bathroom, or simply enjoy it as it is the choice is yours.Airbnb-friendly and perfectly located, this condo makes a smart investment for first-time buyers, UT students, or anyone wanting a low-maintenance Austin lifestyle. Youll love being minutes from North Loops eclectic shops, downtown Austins buzz, and outdoor favorites like Shipe Park and the Elisabet Ney Museum.Whether youre building your portfolio, starting fresh, or finding your first Austin home, this is your chance to own a piece of Hyde Park charm

At $438/sqft, this home is priced 11% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4205 Speedway Ave #112, Austin, TX 78751

Property Details

Price $197,000
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 $438/sqft
Days on Market ,
HOA $175/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245027436
List Date September 2, 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.

Schedule a Call →

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
2801 Hemphill Park #A103
Quarters Condominiums
$199,000 $442 1 bd / 1 ba 450 sqft , 2026-05-13
4205 Speedway Ave #107
Hyde Park
$191,600 $426 1 bd / 1 ba 450 sqft , 2026-04-29
3008 Cedar St #4
Fruth Add
$190,000 $417 1 bd / 1 ba 456 sqft , 2026-06-16
3008 Cedar St #3
Fruth Add
$190,000 $417 1 bd / 1 ba 456 sqft , 2026-09-02
2808 Whitis Ave #C304
Whitis
$190,000 $422 1 bd / 1 ba 450 sqft , 2026-09-16

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
$946/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
$39,400
20% conventional investment loan

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

Estimated Gross Rent+$946
Principal + Interest−$1,075
Property Tax (~2.1% TX avg)−$345
Insurance (~0.5%)−$82
Est. Monthly Cash Flow $-556

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 September 3, 2026.

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