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
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LAST UPDATED
|
10/24/2026
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TRACT
|
Koenig Place
|
|
YEAR BUILT
|
2009
|
COMMUNITY
|
Koenig Place
|
|
COUNTY
|
Travis
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Commercial
|
|
|
| AREA |
4 |
| CONSTRUCTION |
Brick Veneer, HardiPlank Type, Stone, Wood Siding |
| INTERIOR |
Washer/Dryer Connections |
| LOT |
0.75 acre(s) |
| LOT DESCRIPTION |
Level |
| PARKING |
Attached Carport, Carport, Common |
| STORIES |
2 |
| SUBDIVISION |
Koenig Place |
| TAXES |
81350 |
| UTILITIES |
Electricity Connected, Sewer Connected |
| VIEW DESCRIPTION |
None |
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Property listed by Sally Burns, Muskin Elam Group LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 10/25/26 2:06 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.
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