Property Overview

This charming one-bedroom condominium on Speedway in Hyde Park offers an exceptional value at $199,900—a notable 10% below the neighborhood's median price per square foot. The compact 504-square-foot floor plan maximizes efficiency, making it an ideal starter home or investment property for those seeking affordability in one of Austin's most established neighborhoods. Current lease income of $1,000 monthly through February demonstrates immediate revenue potential for investors.

Located directly on Speedway near 35th Street, this unit enjoys unbeatable proximity to UT Campus, with the university shuttle positioned right out front for seamless commuting. The Hyde Park address places residents within the heart of Austin's most beloved historic district, where tree-lined streets, Victorian architecture, and strong community character define daily life. Nearby local restaurants and shops add walkable convenience to the location's inherent appeal.

The property includes one reserved parking space, a valuable commodity in this transit-accessible area. Built in 1982, this condo represents solid bones in a neighborhood where homeownership carries real pride and lasting value. For first-time buyers or investors targeting the UT corridor with a practical, budget-conscious approach, 3506 Speedway merits serious consideration.

Agent Description

Cute 1-bedroom condo right off Speedway and 35th. The UT shuttle is right in front for easy access to school. Leased for 1000 until the end of February. Has 1 reserve parking space.

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 $397/sqft, this listing is priced 7% below the Hyde Park median of $425/sqft.

Property Details

Listing data last updated: March 25, 2026

Frequently Asked Questions