Market Overview for Zip Code 78751
There are 73 active listings in Zip Code 78751 with a median list price of $580K and a median sold price of $651K.
Homes average 75 days on market.
Over the past 30 days, 11 homes have sold, with 141 sales in the past 12 months.
The average price per square foot is $462.
About Zip Code 78751
Zip code 78751 covers a compact, densely developed section of central Austin immediately north of the University of Texas campus, including the neighborhoods of Hyde Park, North Loop, and Ridgetop. The area is bounded roughly by 51st Street on the north, I-35 on the east, 38th Street on the south, and Guadalupe Street on the west. Hyde Park, established in 1891, is one of Austin's oldest planned suburbs and is listed on the National Register of Historic Places. The neighborhood grid of tree-lined streets, Craftsman bungalows, and Victorian cottages has remained largely intact for over a century.
Real estate in 78751 is a mix of single-family homes, duplexes, and small apartment buildings. Restored Craftsman and Victorian bungalows in Hyde Park typically list from $500K to $900K, with larger homes on corner lots exceeding $1 million. Smaller cottages and fixer-uppers start around $450K. Duplexes, common throughout the area, range from $500K to $800K as investment properties. Condos and townhomes near Guadalupe Street and North Loop Boulevard run from $250K to $450K. The area carries a zoning overlay that restricts demolition and maintains historic character, limiting new construction primarily to accessory dwelling units and renovations. Lot sizes are typically 5,000 to 7,000 square feet.
Students in 78751 attend Austin ISD schools. Lee Elementary serves the core of Hyde Park, while Reilly Elementary covers portions east of Duval Street. Students feed into Lamar Middle School, then McCallum High School or Austin High School depending on address. McCallum High School operates the Fine Arts Academy, a magnet program that draws students from across the district for visual arts, music, theater, and dance. Lee Elementary is a neighborhood institution that consistently receives high ratings from parents. The University of Texas at Austin borders the zip code to the south, and many residents are faculty, graduate students, or university staff.
The zip code is one of the most walkable in Austin, with North Loop Boulevard serving as a commercial corridor featuring independent shops, restaurants, and cafes. Downtown Austin and the UT campus are less than 10 minutes by car or 20 minutes by bicycle. The Capital Metro bus system has multiple routes through the area, and the Red Line commuter rail has a station at Crestview about one mile north. The Hancock Golf Course, a nine-hole public course dating to 1899, occupies the southwest corner of the zip code. Shipe Park on Avenue G provides a public pool, playground, and basketball courts as the neighborhood gathering place.
