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$4,750,000
Est. payment /mo
13,117 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 13,117 sqft
Price per Sqft $362
Subdivision Koenig Place
MLS Listing ID 7679878
Year Built 2009
Annual Tax Amount $81,350
Tax Year 2026
Lot Size 0.750 Acres
Acres 0.75
Property Sub-Type See Remarks
Source actris
Property Description
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
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
Location
State TX
County Travis
Zoning SF-3
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected
View None
Total Parking Spaces 20
Building
Story 2
Foundation Slab
Structure Type Brick Veneer,HardiPlank Type,Wood Siding,Stone
New Construction No
Others
Special Listing Condition Standard
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Listed by Muskin Elam Group LLC
Nearby School & Business
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