3405 CEDAR ST, AUSTIN, TX 78705
Homes for sale in Austin.
Homes for sale in 78705.
3405 Cedar St
Austin, TX 78705
List Price$2,500,000
Listing #2457316
4,170
Square Feet
3
Number of Units
Multi-Unit Residential
Type
About This Property
AMAZING turnkey investment in prime North University location. Investor-ready and built in 2021, this fully furnished triplex in North University offers a rare, low-maintenance opportunity just minutes from the University of Texas at Austin. Designed for optimal rental income, the property consists of three separate units: a 6 bed/7 bath, a 3 bed/2.5 bath, and a 1 bed/1 bath--perfectly suited to the needs of student tenants. Projected gross rent for 2026 is $14,000/month, based on current management and leasing structures. Owner is in process of leasing all units. Professional-grade finishes and stylish furnishings throughout that appeal to students seeking move-in-ready housing. The property also features ample parking for 6 vehicles, a rarity in the area. With proximity to campus and strong rental demand, this is a high-yield, low-hassle addition to any investment portfolio. Not an investor? This property also has owner-occupant and short-term rental potential!
Property Features
Location Information
County
Travis
Subdivision
Inman Heights
County
Travis
Directions
From Guadalupe take 34th street, left on Cedar, house is second on right. From Speedway, left on 34th, right on Cedar.
Area
UT
Interior Features
Interior
Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Multiple Living Areas, Multiple Dining Areas, Recessed Lighting, Walk-In Closet(s)
Laundry
Laundry Closet, Main Level, Lower Level, Laundry Room, Washer Hookup, Dryer Hookup, GasDryer Hookup
Has Dining Room
Yes
Disabled Features
None
Number of Fireplaces
0
Appliances
Cooktop, Dryer, Dishwasher, Electric Cooktop, Free-Standing Range, Disposal, Gas Oven, Microwave, Oven, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Washer
Heating
Central
Total Number of Units
3
Floors
Concrete, Laminate, Tile, Wood
Accessibility
None
Exterior Features
Style
HardiPlank Type, Stucco
Parking Description
Alley Access, Concrete, Off Site, Outside, Paved
Stories
2
Garage Spaces
0
Is New Construction
No
Fencing
Partial, Wood
Construction/Exterior
HardiPlank Type, Stucco
Lot Size in Acres
0.215
Exterior
Exterior Steps
Waterfront Description
None
Foundation
Pillar/Post/Pier, Slab
Has Waterfront
No
Water / Sewer
Public Sewer
Has View
No
Water
Public
View
None
School
Elementary School District
Austin ISD
Middle School
Kealing
Elementary School
Lee
High School
McCallum
Additional Information
Roof/Attic
Composition, Shingle
APN
0218040910
Other Utilities
Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, High Speed Internet Available, Phone Available,
Status
Active
Property Type
RI
Pets
No
Property SubType
Triplex
Documents Available
Lease
Year Built
2021
Square Feet Source
Public Records
Similar Listings
Mortgage Calculator
$11,674
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$9,008
Monthly Tax
$2,083
Monthly Insurance
$583
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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