Market Overview for Zip Code 78751
There are 84 active listings in Zip Code 78751 with a median list price of $562K and a median sold price of $653K.
Homes average 53 days on market.
Over the past 30 days, 18 homes have sold, with 161 sales in the past 12 months.
The average price per square foot is $453.
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.
Living in Zip Code 78751
The population of 78751 is a mix of longtime homeowners, UT-affiliated professionals, young professionals, and renters. Median household income is approximately $70,000, reflecting the wide range from graduate students to established professionals. The area has a higher percentage of renters than typical Austin neighborhoods, with many duplex and fourplex properties operating as rentals. Hyde Park has one of the most active neighborhood associations in Austin, organizing regular meetings, historic home tours, and the annual Hyde Park Fire Station Art Show. The community is walkable and bikeable, with a strong local identity centered on independent businesses.
Daily life in 78751 revolves around the North Loop Boulevard and Duval Street commercial corridors. Quack's 43rd Street Bakery is a long-established neighborhood coffee shop. Foreign and Domestic on East 53rd is a nationally recognized farm-to-table restaurant. North Loop has vintage clothing stores, Breakaway Records, and the Monkeywrench Books cooperative. The Avenue B Grocery, operating since 1909, is one of the oldest continuously running grocery stores in Texas. Shipe Park hosts a neighborhood pool and weekly pickup soccer games. Residents frequently bike to campus or downtown using the Speedway or Guadalupe bike lanes. Weekend activities include browsing the Guadalupe Street vendors, hiking at Shoal Creek trail about 10 minutes west, and attending live music at the Mohawk or Stubb's venues on Red River Street. The Hyde Park Theatre on 43rd Street hosts independent productions year-round.
Frequently Asked Questions
Where is zip code 78751 in Austin?
78751 covers central Austin just north of the UT campus, including Hyde Park, North Loop, and Ridgetop neighborhoods. It runs from 38th Street north to roughly 51st Street, between I-35 and Guadalupe Street.
What do homes cost in 78751?
Restored bungalows in Hyde Park list from $500K to over $1 million. Smaller cottages start around $450K. Condos and townhomes near North Loop range from $250K to $450K. Duplexes sell for $500K to $800K.
Is Hyde Park a historic district?
Yes, Hyde Park is listed on the National Register of Historic Places. Established in 1891, it has a zoning overlay restricting demolition and preserving the Craftsman and Victorian architecture that defines the neighborhood.
How walkable is 78751?
78751 is one of the most walkable zip codes in Austin. North Loop Boulevard and Duval Street have shops and restaurants within walking distance of most homes. The UT campus and downtown are accessible by bike in 10 to 20 minutes.
What high school serves 78751?
Most of 78751 feeds into McCallum High School in Austin ISD, which houses the Fine Arts Academy magnet program. Some addresses on the southern edge may be zoned to Austin High School.
