Property 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 Features