For Sale Commercial MLS# 7679878

303 Zennia St

Austin, TX 78751

$4,750,000

unlock-mls-grid logo

Listing Office

Officeunlock-mls-grid logoMuskin Elam Group LLC
AgentSally Burns

About 303 Zennia St

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 details

Property

MLS type
Commercial Sale
Status
Active
Year built
2009
Stories
2
Lot
0.75 AC / 32,670 SF
Original price
$4,750,000
MLS #
7679878

Exterior & lot

Foundation
Slab
Parking
Attached Carport, Carport, Common

Utilities

Utilities
Electricity Connected, Sewer Connected

Financial

Annual tax
$81,350
Tax year
2026
Parcel
02240707110000
Legal
LOT 64 KOENIG PLACE
Special conditions
Standard

Location

Subdivision
Koenig Place
County
Travis
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.

Ask about this property

Questions on 303 Zennia St, or want to see it in person?

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.