$299,990
3 bd · 1 ba · 842 sqft
201 31st ST, Austin, TX 78705
201 31st ST, Austin, TX 78705 is a 3-bedroom, 1-bathroom condominium listed at $299,990 ($356/sqft). 842 sqft. Built in 1935. Located in Hyde Park, Austin TX. Priced 16% below the Hyde Park median of $426/sqft. MLS #7478534. Listed by Realty of America, LLC.
Property Overview
This Hyde Park condo at 201 31st Street sits just one block from the UT Austin campus, offering investors a rare combination of location strength and value. The three-bedroom, one-bath unit is currently tenant-occupied and positioned to benefit from significant community improvements arriving in 2026, including a complete exterior renovation, new windows, upgraded plumbing, and a community garden. At $299,990—16 percent below the area median price per square foot—the property presents compelling economics for both owner-occupants seeking in-state tuition benefits and investors evaluating cap rate potential.
Situated in the historic Hyde Park neighborhood known for its Victorian charm and tree-lined streets, this 842-square-foot residence anchors itself within Austin's most walkable, connected communities. The immediate area thrives with local restaurants, vibrant campus culture, and established neighborhood character. With a substantial lot footprint relative to the living area and renovations scheduled for completion in July 2026, the property represents an opportunity to own in one of Austin, TX's most desirable in-town locations at an advantageous entry point.
Vox Residential Insight
The timing here is significant: this property is already income-producing with tenants in place while positioned to realize tangible value appreciation once the community garden and exterior renovations wrap up next summer. Vox Residential sees these campus-adjacent Hyde Park investments as increasingly competitive, and this price positioning 16 percent below market makes it noteworthy in today's market.
Agent Description
INVESTOR SPECIAL! Cap rate investment OR secure IN STATE TUITION with this opportunity. Condo one block from UT Austin with tenants in place. Renovations in 2026 include a complete exterior makeover with a community garden, all new windows and plumbing upgrades. Finishing touches coming July 2026. LOCATION LOCATION LOCATION! Reach out to listing agent for rent roll and other info!
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 $356/sqft, this listing is priced 16% below the Hyde Park median of $426/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 1935 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Living Area | 842 sqft |
| Lot Size | 6,403.32 sqft |
| Price per Sqft | $356 |
| Listed | Jun 30, 2026 |
| MLS # | 7478534 |
| Listed By | Realty of America, LLC |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 201 31st ST, Austin, TX 78705?
This property is listed at $299,990, which is $356 per square foot. That is 16% below the Hyde Park area median of $426/sqft.
How many bedrooms and bathrooms does 201 31st ST, Austin, TX 78705 have?
This home has 3 bedrooms and 1 bathroom, with 842 square feet of living space.
When was 201 31st ST, Austin, TX 78705 built?
This property was built in 1935, making it 91 years old.
What neighborhood is 201 31st ST, Austin, TX 78705 in?
This property is in Hyde Park, Austin, TX. The area is known for historic victorian homes, strong community, local restaurants.
How long has 201 31st ST, Austin, TX 78705 been on the market?
This listing has been on the market for 6 days. This is a recent listing.
What type of property is 201 31st ST, Austin, TX 78705?
This is a Condominium on a 6,403.32 sqft lot.