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
| MLS # | 7679878 |
|---|---|
| Listing Type | For Sale |
| Style | See Remarks |
| Sub-Type | Resale |
| Status | Active |
| Year | 2009 |
| Days On Site | 8 |
| Listing Provided By | Muskin Elam Group LLC | Sally Burns |
| SQ Feet | 13,117 |
|---|---|
| Car Port | Yes |
| Building(s) | 5 |
| Zoning | SF-3 |
| Acreage | 0.75 |
| Property View | None |
| Foundation Details | Slab |
|---|---|
| Topography | flat |
| Construction Materials | Brick Veneer, Hardi Plank Type, Wood Siding, Stone |
| Parking Features | Attached Carport, Carport, Common |
|---|
| Utilities | Electricity Connected, Sewer Connected |
|---|
| List Aor | Austin Board Of Realtors |
|---|
| Property | 81350 |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78751 |
| Area | 4 |
| Community Name | Koenig Place |
| Listing VS Median (in Koenig Place) | |
Price: $4,750,000 low | high Med: $2,376,600 sqft: 13,117 low | high Med: 7,416 $ / sqft: $362 low | high Med: $182 On site: 8 low | high Med: 18.5 | |
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78751 |
| Area | 4 |
| Community Name | Koenig Place |
| Listing VS Median (in Koenig Place) | |
Price: $4,750,000 low | high Med: $2,376,600 sqft: 13,117 low | high Med: 7,416 $ / sqft: $362 low | high Med: $182 On site: 8 low | high Med: 18.5 | |