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… Read More 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 Read Less
Property listed by Muskin Elam Group LLC 512-343-2700 (512) 343-2700
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Square Ft.
13,117
Lot Size
0.75 Acres
Year Built
2009
MLS Number
7679878
Additional Details
Building
Built in 2009, 5 buildings, 2 stories, Construction Materials: BrickVeneer, HardiplankType, Stone, WoodSiding
Disclosures
None
Expenses
Operating: $162,182
Foundation
Slab
Income
Gross ScheduledIncome: $443,000, Net Operating Income: $250,809
Listings courtesy of the Austin Board of REALTORS® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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