$250,000
2 bd · 1 ba · 794 sqft
201 West 31st St #E, Austin, TX 78705
201 West 31st St #E, Austin, TX 78705 is a 2-bedroom, 1-bathroom condominium listed at $250,000 ($315/sqft). 794 sqft. Built in 1935. Located in Hyde Park, Austin TX. Priced 24% below the Hyde Park median of $417/sqft. MLS #3165345. Listed by Realty of America, LLC.
Property Overview
This Hyde Park condo sits just one block from UT Austin, positioning it at the intersection of historic neighborhood charm and unmatched proximity to campus life. The 794 square foot two-bedroom, one-bath residence features tenants currently in place, making it an attractive proposition for investors seeking immediate cash flow in one of Austin's most sought-after locations. At $315 per square foot, the property trades significantly below the surrounding Hyde Park median, offering compelling value in a neighborhood defined by tree-lined streets, Victorian character, and established community spirit.
The unit benefits from planned renovations scheduled for completion in mid-2026, including a complete exterior refresh, new windows, upgraded plumbing, and the addition of a community garden that will enhance both aesthetics and resident amenities. Situated on West 31st Street in the heart of Hyde Park, the property captures the essence of classic Austin living while serving multiple investment strategies. Whether purchased for long-term rental income or as an in-state tuition strategy for UT-affiliated families, this residence offers flexibility rarely found near campus in Austin, TX.
Vox Real Estate Insight
Vox Residential recognizes this West 31st Street property as a rare opportunity combining active tenant occupancy with planned capital improvements that will increase future valuations across the complex. The sub-market pricing combined with proximity to UT Austin makes this positioned for both investor returns and owner-occupant appeal, particularly as the neighborhood continues to appreciate.
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 $315/sqft, this listing is priced 24% below the Hyde Park median of $417/sqft.
Property Details
| Property Type | Condominium |
| Year Built | 1935 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Living Area | 794 sqft |
| Price / Sqft | $315 |
| Stories | One |
| Condition | Resale |
| Subdivision | Fruth Addn |
| County | Travis |
| MLS Area | UT |
| Listed | Jun 30, 2026 |
| MLS # | 3165345 |
| Listed By | Realty of America, LLC |
Interior
| Flooring | Carpet |
| Appliances | Gas Range, Free-Standing Range, Refrigerator |
| Main-Level Bedrooms | 2 |
Systems & Utilities
| Cooling | Wall/Window Unit(s) |
| Heating | Space Heater |
| Utilities | Electricity Available, Natural Gas Available |
| Water Source | Public |
Exterior & Lot
| Construction | Frame |
| Roof | Composition |
| Faces | Northeast |
Parking
| Parking Spaces | 2 |
| Parking Features | Outside |
Community & HOA
| HOA | No |
| HOA Name | 201 W 31st Condos |
| HOA Fee | $306 |
Assigned Schools
| Elementary | Lee |
| Middle | Kealing |
| High | McCallum |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2026 |
| Assessed Value | $0 |
| Parcel # | 02160411010000 |
| Legal Description | Lot 8 Blk 7 Olt 73 Div DPlus 1/2 Adj Vac Alley Fruth Addn |
| FEMA Flood Plain | No |
| In ETJ | No |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 201 West 31st St #E, Austin, TX 78705?
This property is listed at $250,000, which is $315 per square foot. That is 24% below the Hyde Park area median of $417/sqft.
How many bedrooms and bathrooms does 201 West 31st St #E, Austin, TX 78705 have?
This home has 2 bedrooms and 1 bathroom, with 794 square feet of living space.
When was 201 West 31st St #E, Austin, TX 78705 built?
This property was built in 1935, making it 91 years old.
What neighborhood is 201 West 31st St #E, 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 West 31st St #E, Austin, TX 78705 been on the market?
This listing has been on the market for 43 days.
What type of property is 201 West 31st St #E, Austin, TX 78705?
This is a Condominium.