303 Zennia ST, Austin, Texas, United States, 78751

4,750,000
for Sale
32,670

About the property:

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 Type:
see remarks
Status:
for Sale
House Style:
Other
Acres:
0.75
Square Feet:
13117
Area:
4
Subdivision:
Koenig Place
Heating Type:
0
Directions:
Heading North on Lamar turn Right into Zennia for the 303, 304, 305 and 401 Zennia St homes. Heading North on Lamar turn Right into W 38th St and Left into 38 1/2 St then R into E 39th then Left into Willbert Rd. 3900 Willbert is on the SE corner.
Is Entertainment:
Yes
Is Other:
Yes
Is Retail:
Yes
Annual Property Taxes:
81,350
Listing ID:
7679878

Rooms

Dimensions

Brokered by:
Muskin Elam Group Llc
Presented By: