For sale
$4,750,000
303 Zennia St
Austin, TX 78751
- 0 beds
- 0 baths
- 0.75 acres
Listing courtesy of Muskin Elam Group LLC · (512) 343-2700 · MLS# 7679878 · Status: Active
About this home
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
Description provided by the listing brokerage.
Facts
- Property type
- Commercial Sale · See Remarks
- Year built
- 2009
- Lot size
- 0.75 acres
- Stories
- 2
- Annual taxes
- $81,350
- County
- Travis
- Neighborhood
- Koenig Place
Features
- View
- None
- Utilities
- Electricity Connected, Sewer Connected
- Parking
- Attached Carport, Carport, Common
- Foundation
- Slab
- Construction
- Brick Veneer, HardiPlank Type, Wood Siding, Stone
Location
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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