#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
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.
Property Type
Commercial Sale
Year Built
1965
Lot Size
0.19 acres
Garage
18 spaces
Listed by Muskin Elam Group LLC
Verified property facts
3107 Speedway is listed at $2,900,000 with 0 bedrooms, 0.19-acre lot. This places it above the 78705 median of $1,043,745.
3107 Speedway is a Commercial Sale built in 1965 featuring 0 bedrooms, 0.19-acre lot.
3107 Speedway is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 3107 Speedway is $51,352. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($580,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3107 Speedway is around $19,327 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Flooring
Construction
Foundation
Parking
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+9.3% | — | $2,509,270 | $822,000 | $1,687,270 |
2024+5.9% | — | $2,296,620 | $822,000 | $1,559,680 |
2023+25.4% | — | $2,169,030 | $822,000 | $1,474,620 |
2022-10.1% | — | $1,730,000 | $657,600 | $1,511,430 |
2021 | — | $1,924,150 | $657,600 | $1,072,400 |
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($580K)
$2,900,000
Luxury property intelligence
A sourced read on Grooms Add pricing, timing, and property scale. No automated valuation claim.
List price
$2,900,000
Price per sqft
Not available
Vs. Grooms Add median
Not available
Days on market
118 days
Original to current
$100K reduction
$3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 4, 2026.
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District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $2,900,000, 3107 Speedway is in the Grooms Add market where there are currently 12 active listings in 78705. The Keenan Group has completed 1 transactions in 78705 as part of 1,000+ career sales totaling $1B+ across Austin.
3107 Speedway was built in 1965 (61 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+9.3% | — | $2,509,270 | $822,000 | $1,687,270 |
2024+5.9% | — | $2,296,620 | $822,000 | $1,559,680 |
2023+25.4% | — | $2,169,030 | $822,000 | $1,474,620 |
2022-10.1% | — | $1,730,000 | $657,600 | $1,511,430 |
2021 | — | $1,924,150 | $657,600 | $1,072,400 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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