$199,000

Property Overview

This newly condominiumized one-bedroom residence on Cedar Street represents a rare entry point into Hyde Park's coveted North Campus corridor. The 456-square-foot unit sits within a community experiencing substantial capital reinvestment, including a brand new TPO roof, energy-efficient mini split HVAC systems, and replacement windows that modernize the 1953 structure while preserving its historic character. The addition of a community courtyard and BBQ area creates shared amenities that enhance both lifestyle and property appeal.

Located on a generous lot in the heart of Austin's most walkable neighborhood, 3008 Cedar Street offers immediate proximity to UT Campus, local restaurants, and employment centers. The location commands strong rental demand, making this an attractive option for investors seeking long-term appreciation or owner-occupants wanting minimal maintenance in an established community. At $436 per square foot, the pricing aligns with current neighborhood values while the unit's improved systems and newly available condo structure position it competitively within the market.

Vox Residential Insight

We're seeing strong investor interest in Hyde Park condos with this investment profile, especially when communities are implementing major upgrades like this one. The combination of UT proximity, walkability, and modernized systems in an established neighborhood makes this type of property ideal for both rental portfolios and first-time condo buyers seeking stability in Austin's dynamic real estate market.

Agent Description

Rare opportunity to own a newly condominiumized 1 bedroom, 1 bathroom unit in one of North Campus' most desirable locations. Offered for individual sale for the first time, this community is undergoing extensive capital improvements designed to enhance both value and tenant appeal, including a brand new TPO roof, new energy efficient mini split HVAC systems, replacement windows, and the addition of a community BBQ and courtyard area for resident enjoyment. Just minutes from UT, major employers, restaurants, shopping, and transit, these units offer strong rental demand and excellent long term investment potential. Whether you're looking to expand your portfolio or secure a low maintenance property in a prime Austin location, this is an outstanding opportunity to purchase in a revitalized community with significant upside.

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 $436/sqft, this listing is priced near the Hyde Park median of $426/sqft.

Property Details

Listing data last updated: July 16, 2026

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