303 W 40th St

Hyde Park Townhomes at 303 W. 40th Street presents a rare 14-unit infill multifamily opportunity in Austin’s Hyde Park / North Campus corridor, one of the city’s most established and consistently desirable rental submarkets. Located approximately 13-14 street-grid blocks north of UT Austin’s Dean Keeton / north campus edge, the property offers investors direct exposure to the University of Texas demand base while providing residents a quieter neighborhood setting than traditional West Campus housing.

The property benefits from exceptional mobility and lifestyle fundamentals, including a Walk Score of 79, Transit Score of 60, and Bike Score of 100. Its location supports a broad renter pool that includes UT students, graduate students, faculty, staff, and central Austin professionals seeking convenient access to campus, Hyde Park, Hancock, The Triangle, and nearby neighborhood retail and dining.

With UT Austin reporting 55,000 students enrolled in Fall 2025, including more than 44,000 undergraduates and 10,000 graduate students, 303 W. 40th Street is positioned within a durable, education-driven rental market. The asset’s small-format scale, central Austin location, and potential mark-to-market upside make it an attractive acquisition opportunity for investors seeking irreplaceable infill multifamily in a high-barrier neighborhood.