303 Zennia StAustin, TX 78751

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 Information

Property type

Commercial Sale

Year built

2009

Stories

2

Building area

13,117 Sq Ft

Lot size

0.75 acres

Parking spaces

20

Zoning

SF-3

Days on market

10

MLS^® Listing#

7679878

Property Features

Parking

Attached Carport · Carport · Common

Laundry

Washer Hookup

Lot features

Level

Construction

Brick Veneer · HardiPlank Type · Wood Siding · Stone

Foundation

Slab

Other structures

None

Utilities

Electricity Connected · Sewer Connected

Financial Details

Annual taxes

$81,350Tax year 2026

Assessed value

$4,067,524

Parcel number

02240707110000

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.