Austin, TX 78751
$4,750,000
ALL NOTE: this is a portfolio sale of FIVE single family homes. Property Info: • Properties: 5 x single family homes each with 6 bedrooms, 4 bathrooms and private outdoor living. • Avg SF: 2,623 • Year Completed: 2009 – 2012 • Occupancy: 100%
Highlights • Asking $4.75M which is a 5.8% cap rate on T12 and 6% cap on proforma • Consistently leased with 5-10% annual increases • Convenient Central Austin location – particularly attractive to young professionals and UT students. Minutes from several hospitals, numerous retail and entertainment hubs and higher education institutions. This is the epicenter of Austin, TX. • Average / Median sale price of a similar sized single-family home within a 1-mile radius over last 12 months was $1.27M ($505psf) / $1.25M ($532psf) which is at least 30% higher than the asking price for the Hyde Park / North Loop SFH portfolio.
Austin Highlights: • Austin was the #1 best-performing Top 50 U.S. metro for job growth in 2025 • Austin population grew nearly 15% from 2020 – 2025 = the fastest of any US metro with more than 1M residents. • Austin Area Median Family Income is now $134,000 • Austin has the second-lowest rent-to-income ratio in the country (~17%) which is the lowest level in at least 20 years
Questions on 303 Zennia St, or want to see it in person?
Thanks, you are on the list. Watch your inbox.