$325,000
●
Condo -
Off Market
4015 SPEEDWAY #2
Austin, TX 78751
2 Beds
2 Baths
903 Ft²
$1,930
Est. Monthly
$333
HOA / Fees
5.63%
Cap Rate
About This Property
Fantastic opportunity in the heart of Hyde Park! This first-floor
condo is being sold as-is and offers a flexible floor plan with
plenty of potential. Enjoy a spacious living area that flows into
the kitchen, French doors opening to the patio and shared courtyard
with exterior storage, plus the convenience of an in-unit washer
and dryer. Built in 1984, many of the finishes are original, making
it the perfect project for updates that add instant value while
preserving character. With two assigned parking spaces (one
covered, one uncovered) and a prime location near the University of
Texas, downtown Austin, local restaurants, shops, and transit, this
condo delivers unbeatable potential. Location, location, location!
Unit Size
903 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$360
Property Type
Condo
Property Taxes
-
HOA Dues
$333
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 months ago (Unlock MLS #ACT8926003)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by Gottesman Residential R.E. | $325,000 | |
| Listed by Gottesman Residential R.E. | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Carport
Parking Features: See Remarks, Assigned, Carport, Covered, Outside, Parking Lot, Paved, Varies by Unit, Reserved
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Laminate Counters, Storage, Walk-In Closet(s), High Speed Internet, No Interior Steps, Primary Bedroom on Main
Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer
Flooring Type: Carpet, Tile
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 903
Square Footage Source: $0
Green Sustainability
Property Condition: See Remarks, Poor
Year Built Source: Public Records
Year Built: 1984
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: Aluminum Frames
Construction Materials: Vinyl Siding
Patio and Porch Features: Covered, Side Porch
Pool Features: None
Lot Features: Level, Wooded
Lot Size Area: 1424.41
Lot Size Units: Square Feet
Lot Size Acres: 0.0327
Lot Size Square Feet: 1424.41
Lot Size Dimensions: 1402.00
Water Source: Public
Financial Details
Tax Assessed Value: $292,949
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Insurance, Sewer, Trash, Water
HOA Fee: $333
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/26/2025
|
2 Bed
|
2 Bath
|
903 ft²
|
$325,000
2 Bed
2 Bath
903 ft²
|
$325,000
09/26/2025
|
Tia Sales
Gottesman Residential R.E.
| |
|
05/15/2025
|
2 Bed
|
2 Bath
|
1132 ft²
|
$480,000
2 Bed
2 Bath
1132 ft²
|
$425,000
-11.46%
05/15/2025
|
Christine Emanuel
Engel & Volkers Austin Westlake
| |
|
08/18/2024
|
2 Bed
|
2 Bath
|
834 ft²
|
$335,000
2 Bed
2 Bath
834 ft²
|
$335,000
08/18/2024
|
John Firnhaber
Property Management Of Texas
|
Building Info
About Hyde Park
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Listed by: Tia Sales
Listed Office: Gottesman Residential R.E. - Listing courtesy of Unlock MLS
Phone: (512) 451-2422
Last Updated: 2025-10-18 04:29:43
Data Source: Unlock MLS, MLS# ACT8926003
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Gottesman Residential R.E. - Listing courtesy of Unlock MLS
Phone: (512) 451-2422
Last Updated: 2025-10-18 04:29:43
Data Source: Unlock MLS, MLS# ACT8926003
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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