Hyde Park

T

The Bloak

100+ Posts
What are your thoughts on Hyde Park?

The wifey and I close on our house at the end of this month and I hear VERY mixed reviews of the area. Some swear by it, others say look elsewhere.

Several people on this board seem to live in or around the area, so was curious at to what they thought the pros/cons were.
 
I love the area. Of course, I have lived in the neighborhood on and off since I was 5 years old.

Pros: central location, unique houses and culture, demographic mix, walking distance to plenty of eats and drinks, no HOA.

Cons: $$$, some houses in pretty bad shape, no HOA.
 
We are moving into a "cozy" place, not one of the new Craftsman monsters but its plenty of space for the two of us.

We are really looking forward to it and hopefully when we decide to sell, we can make a little coin.

I REALLY like the fact the everyone I have met on the street is UT/mid-20's/early 30's range.....all like to bbq and drink beer on the weekends. Good times
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There are a lot of Pecan trees that put out plenty of nuts. Much more than the homeowner can handle. You should help out your neighbors some by picking up Pecans from their yards for them. But don't bother them by ringing the door, surprise them!

I will try to get you a certain address of a person who really needs the help you can give, if you are neighborly.
 
As Austin grows, I think the location will be even more desirable for those (mid-late 20's first time home buyer) who can't afford downtown condos or Tarrytown but want to be close to downtown. Or at least I hope........

The neighborhood certainly is ecclectic, I kind of like it.
 
I think you need to at least be aware of the national market and Austin's position therein. Some would say that prices in the Austin area will be suppressed by the "unlimited" land on its outskirts, and I think that's half right -- there's a lot of land out there. But at some point, spread becomes sprawl, and you just aren't going to find too many buyers willing to drive into the central city. With no clearly viable mass transit solution on the horizon, I don't see central city neighborhoods doing anything but going up.

And that doesn't even consider the fact that Austin is highly desirable and highly cheap.

Good buy.
 
The values WILL go down again. That's an absolute certainty. But they will also go UP again, as well. It's classically cyclical.

That's the nature of real estate, (and well..."Nature"; but that's for another thread).

If you don't plan on moving for ten or fifteen years, then my guess is that you'll bank. I wouldn't expect to move out in three years and double my money though.

Think long term, keep up the maintenance and maybe do some little improvements along the way, and you should do great

BTW, I lived in a garage apartment at Spedway and 40th my senior year.

Good times.






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I feel the same way about Hyde Park that I do about Travis Heights and Clarksville. It used to be a laid back and beautiful, a pinnacle of Austin's former greatness, but the people that have displaced the old Hyde Park scene are just too smug and high-falutin' for me now. Too much of a financial arms race, you know? They killed the cheap good time.

Great location, though. It sounds like a good long term investment.
 
There was a story in the statesman or on one of the news channels a few weeks ago about high crime zip areas. For whatever reason, the Hyde Park area was one of the 5 or so highest crime areas in the city.
 
Not sure how much this technically changes things but our neighborhood is technically called North Loop.

People I talked to about it were calling it North Hyde Park which is why Hyde Park is the subject...
 
Probably a solid purchase. Neighborhoods around North Loop, Brentwood, Crestview, etc. are soaring in popularity.
 
That is certainly good to hear......

Having not been an Austin resident all that long, I'm looking forward to really taking advantage of downtown and the local shops/bars/restaurants in the area.

Appreciate all the input
 
There are some spots in Allandale a couple of blocks west of Lamar Middle School that are really nice. I don't know what pricing is like there, though.
 
What are the boundaries of Hyde Park? I've always thought 38 1/2 to 45, and Guadalupe to Duval. What is considered North Hyde Park? Everything within those E/W boundaries up to 51st?
 
Our place will be a 2/2 and seeing as its just me and my wife, that is plenty of room.

Not sure who said it but I REALLY like the fact that everytime I go by the house people are out walking their dogs, running, etc.

The neighbors I have met so far range from young professionals to UT students (undegrad and grad) and at 29, I like the feel of a "young" neighborhood. Work hard, play hard kind of mentality.
 
I grew up in the Brentwood/Crestview area. Actually maybe the neighborhood is called Skyview, but sometimes realtors will call it North Hyde Park even though it's really not.

In the 80s and early 90s these houses were mostly low to middle income families and lots of renters. It's so much better now that it used to be and it's really cool to see how much these neighborhoods have improved. The worst I remember it being though was around 84 or 85. Some renters got into a fight down the street from my house and one of the guys got shot. Luckily one of the Dads had taken several of the neighborhood kids over to the park that evening when it happened so we weren't outside playing near there as we normally would have. It was pretty scary at the time but that was the worst that it got and that family left right after the shooting.
 
The North Loop Neighborhood Planning Area is located in the north-central part of Austin's Urban Core. The boundaries for the planning area are Koenig Lane on the north, Interstate Highway 35 (IH-35) on the east, 45th Street to Red River to 51st Street on the south and Lamar on the west.

The Allandale Neighborhood Planning area is located in the northwestern part of Austin's Urban Core. The boundaries for the planning area are Anderson Lane on the North, the Mopac Expressway/Loop One on the west, Hancock Drive and West North Loop Boulevard to the south, and Burnet Road on the east.

The Brentwood Neighborhood Planning Area is located in the north-central part of Austin's Urban Core. The boundaries for the planning area are Justin lane on the north, North Burnet Road to the west, West 45th Street on the South, and North Lamar Boulevard on the east.

So they all, roughly, encompass the area that is within 2222 to the north, Mopac to the West, I-35 to the East and 45th street to the South
 
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