Multifamily Investment Near UT
For Sale
Contact for pricing
3107 Speedway, Austin, TX 78705
16-unit multifamily property near University of Texas at Austin.
Property SizeContact for details
Days on Market184
Property Features for 3107 Speedway
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
NO-NCCD-ETOD
Building Details
Year Built
1965
Units
16
Listing Agency:
Muskin | Elam Group
(512) 993-0842
Listed By:
Sally Burns · License #TX 0718525
Source:
Crexi
Added: Feb 9
Changed: Aug 8
Last Checked: Aug 12 at 12:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Muskin | Elam Group
Investment Insights
Based on property information with market context.
The Parker at Hyde Park, located at 3107 Speedway in Austin, Texas, presents a multifamily investment opportunity comprising 16 units. Situated in the North University area, it benefits from its proximity to the University of Texas at Austin campus, which is just 0.2 miles away. This location provides a consistent tenant base due to the large student and faculty/staff population. The property's location also offers convenient access to the State Capitol and Medical District, attracting a professional demographic. Furthermore, the property is near Guadalupe Street, a retail and dining area, and The Triangle, a mixed-use hub for grocery shopping and dining. Its adjacency to Aldridge Place, where average home prices are high, may positively influence rental rates and land value.
Key Highlights
- Prime location: just 0.2 miles from UT Austin campus, ensuring a perennial tenant base.
- Located in the 'sweet spot' of Austin real estate, blending high demand with the charm of Hyde Park and Aldridge Place.
- Proximity to the State Capitol and Medical District attracts a stable, professional tenant demographic.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,146
Businesses Nearby
Explore this area
Business Placement
Demographics for 78705, TX
36,535
Population
12,519
Households
2.9
Avg Household Size
23
Median Age
80%
College-Educated
99%
High-School Grad
2.1 sq mi
ZIP Area
17,398
Density / Sq Mi
$30,336
Median Household Income
$10,994
Median Earnings
$1,520
Median Rent
$627,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 16-unit multifamily property near University of Texas at Austin.
Where is this apartment building located?
The property is located at 3107 Speedway Austin, TX.
What are key features of this property?
This property features: Prime location: just 0.2 miles from UT Austin campus, ensuring a perennial tenant base.; Located in the 'sweet spot' of Austin real estate, blending high demand with the charm of Hyde Park and Aldridge Place.; Proximity to the State Capitol and Medical District attracts a stable, professional tenant demographic.
