$719,000

Property Overview

A rare opportunity presents itself at 307 35th Street in Hyde Park, where a 1922 Craftsman-style home sits on a sprawling 5,366-square-foot lot complete with a detached guest house featuring private alley access. This three-bedroom, two-bath residence unlocks remarkable flexibility for the right buyer—whether seeking rental income potential, guest accommodations, or multigenerational living arrangements. The main home showcases original character and period details throughout its 1,463 square feet, while the separate structure offers genuine income-generating possibilities in one of Austin's most desirable neighborhoods.

Hyde Park's tree-lined streets and historic charm form the backdrop for this North University location, placing you steps away from beloved local establishments like Hyde Park Bar & Grill and First Light Books. The proximity to UT Campus, Downtown Austin, and The Triangle means walkable access to the restaurants, culture, and energy that define central Austin living. Despite its premium positioning at $491 per square foot, the property's dual-structure setup and development potential justify consideration in this historically significant neighborhood.

The detached guest house arrangement eliminates typical HOA constraints while providing the flexibility of a larger estate, and preliminary expansion possibilities reward those with vision for the property's future.

Vox Residential Insight

At 307 35th Street, Vox Residential recognizes this as a thoughtful investment for buyers seeking both lifestyle and income opportunity within Hyde Park's established community character. The dual-structure configuration and alley access are exceptional finds in this neighborhood, where single-lot opportunities with guest house potential rarely emerge on the market.

Agent Description

Location, location, location! Opportunities like this rarely come available in the highly sought-after North University/Hyde Park area. This charming property features the original Craftsman-style home and a detached guest house with private alley access, offering exceptional flexibility for rental income, guests, or multigenerational living. While listed as a condo, the home is not attached to any other residence, includes a private backyard, and has no HOA fees. There is also potential for future expansion. Situated on a beautiful street lined with mature trees and historic homes, it offers the perfect blend of classic Austin character and unbeatable convenience. Just minutes from the University of Texas, Downtown Austin, Mueller, The Triangle, and many beloved local hotspots, you'll enjoy the best of both convenience and neighborhood charm. Walk or bike to Hancock Golf Course, First Light Books, Hyde Park Bar & Grill, and more. The original home is full of character, featuring classic Craftsman-style architecture, original hardwood floors, functional living spaces, and timeless details that are increasingly difficult to find. The 2-bedroom, 1-bath floor plan offers comfortable living with room to make it your own. The detached guest house includes a kitchenette, full bathroom, and lofted sleeping area. The guest house has been occupied by the same tenant for the past seven years, offering an excellent opportunity for continued rental income, if so desired. With its premier location, detached guest house, income potential, and endless possibilities, this is a rare opportunity to own a piece of one of Austin's most desirable neighborhoods. Priced to sell. Schedule your showing today.

Neighborhood: Hyde Park

This property is located in Hyde Park, Austin, TX. The area is known for Historic Victorian Homes, Strong Community, Local Restaurants, Tree-Lined Streets, Near UT Campus.

At $491/sqft, this listing is priced 15% above the Hyde Park median of $426/sqft.

Property Details

Listing data last updated: July 16, 2026

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