Hyde Park Historic District (Austin, Texas)
Hyde Park Historic District
|Location||Roughly bounded by Ave. A, 45th St., Duval St., and 40th St., Austin, Texas|
|Area||138.5 acres (56.05 ha)|
|Architectural style||Tudor Revival, Bungalow/Craftsman, Queen Anne|
|MPS||Hyde Park MPS|
|NRHP Reference #||90001191|
|Added to NRHP||August 16, 1990|
Located in Central Austin, Hyde Park is defined by W. 38 Street to the south, W. 51 Street to the north, Duval Street to the east, and Guadalupe Street to the west. It is situated just north of the The University of Texas and borders the neighborhoods of Hancock and North Loop.  Hyde Park traces its origins back to 1891 and is considered to be Austin's first suburb. The neighborhood was originally developed by Monroe Martin Shipe in 1891 as a "White Only" streetcar suburb with a large artificial lake, but it has since become one of the most densely populated areas in the city's urban core.
Located approximately twenty blocks from Austin's original town site, the area now known as Hyde Park was largely rural in character for much of the 19th century. The State Fair of Texas was held in the eastern sections of Hyde Park from 1875 until it was moved to Dallas in 1884. A portion of the State Fair's horseracing track is still reflected in the curved segment of 39th Street between Avenue F and Duval Street.
Established in 1891 by the Missouri, Kansas and Texas Land and Town Company, Hyde Park was marketed under the direction of Monroe Martin Shipe as an affluent suburb featuring large, majestic residences. Critical to the suburb's success was the establishment of an electric streetcar system. After the City Council awarded Shipe an exclusive franchise in 1890, and the first line was built on Congress Avenue and then north of Austin on Old Georgetown Road (now Guadalupe Street).
Hyde Park was initially marketed to Austin's elite in the 1890s, and Shipe achieved moderate success. The first houses built in the neighborhood were stylistic examples of late 19th-century domestic architecture. Many of them, such as the Oliphant-Walker House, were built in the Queen Anne style by locally prominent citizens. Noted sculptress Elisabeth Ney was among the first to buy property in the area, which was heavily promoted as confirmation that Hyde Park was attractive to Austin's most talented and prestigious citizens. Ney built a small castle-style studio, named Formosa, in northwest Hyde Park that is now home to the Elisabet Ney Museum.
By the late 1890s and early 1900s, however, the tone of Hyde Park's advertisements began to change. No longer was it promoted as an affluent residential area; instead, the suburb was described as an ideal place for the "working man or woman" to invest his or her earnings by purchasing a lot and building a residence. The key phrase in these promotions became affordability. Hyde Park’s architectural character shifted to smaller, more modest frame houses and bungalows. While steady characterized the area through the early 1900s, Hyde Park's greatest building boom occurred between 1924 and 1935. Shipe Park was dedicated in 1928.
Analysis of styles and dates of construction of domestic structures elucidates historic growth patterns within Hyde Park. The oldest houses are located near the State Hospital or along the former streetcar route on 40th Street. Later, as promotional emphasis shifted to a different socioeconomic group, more modest dwellings were constructed in areas somewhat removed from the streetcar line.
Real Estate and Housing Market Trends
Residential properties are the most prominent property type in Hyde Park, with single-family dwellings comprising about 95 percent of the neighborhood's built environment. Most lots within the neighborhood were improved between the late 1890s and 1935. Houses built during that period reflect the architectural tastes, trends and patterns that prevailed in Austin at the time. Bungalows are the most common house type, followed by examples of the stylistic influences of the Queen Anne and Tudor Revival styles.
As Austin has grown, Hyde Park has once again undergone a boom of sorts. In 2001 to 2007, the median home price rose by nearly $70,000 to $320,000. Despite the housing market crash in 2008-2009, homes have regained their values and as of July 2013 the median home price was $350,000 with some properties selling for over $1.5 million.
The 1.75-acre (7,080 m2) Shipe Park is located in Hyde Park. Shipe Park has two unlighted basketball courts, one multipurpose court, two picnic tables, one playground, a 444 square yard neighborhood swimming pool, two lighted tennis courts, and indoor toilet facilities.
Historic places in Hyde Park
- Austin State Hospital
- Blue Bonnet Court
- Elisabet Ney Museum
- Col. Monroe M. Shipe House
- Hildreth-Flanagan-Heierman House
- Frank M. and Annie G. Covert House
- Page-Gilbert House
- Smith-Marcuse-Lowry House
- Oliphant-Walker House
- Peter and Clotilde Shipe Mansbendel House
Residents are served by the Austin Independent School District. Residents are assigned to Lee Elementary School, Kealing Middle School, and McCallum High School. The area is also served by Hyde Park Baptist High School.
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