Active Listing  ·  17 days on market

4205 Speedway Ave #201

Austin, TX 78751
$191,600
1 Bed 1 Bath 420 sqft $456/sqft Built 1980 0.01 acres Pool 4205 Speedway

** Seller is offering as low as 4.25% interest rate to primary buyers** 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 $456/sqft, this home is priced 17% 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 #201, Austin, TX 78751

Property Details

Price $191,600
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 420 sqft
Lot Size 0.01 acres (631.62 sqft)
Year Built 1980
Garage ,
Stories ,
Type Residential · Condominium
Subdivision 4205 Speedway
County Travis
Zip Code 78751
$/sqft $456/sqft
Days on Market ,
HOA $175/Monthly
Annual Tax Est. $2,852.64
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249282312
List Date October 8, 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
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
204 E 30th St #101
30th Street Condominiums
$189,000 $420 1 bd / 1 ba 450 sqft , 2026-07-17
4205 Speedway Ave #112
Hyde Park
$197,000 $438 1 bd / 1 ba 450 sqft , 2026-09-02
204 E 30th St #102
30th Street Condominiums
$200,000 $500 1 bd / 1 ba 400 sqft , 2026-10-10

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 →

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 October 13, 2026.

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