3405 CEDAR STREET, AUSTIN, TX 78705

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Homes for sale in 78705.


3405 Cedar Street

Austin, TX 78705

Status of the property has changed, please contact for details

List Price$2,000,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #7088797

5,158

Square Feet

Commercial

Type

About This Property

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/6 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

Heating

Central

Disabled Features

None

Floors

Concrete, Laminate, Tile, Wood

Accessibility

None

Laundry

Washer Hookup, Dryer Hookup

Exterior Features

Style

HardiPlank Type, Stucco

Parking Description

Alley Access, Concrete, Off Site, Outside, Paved

Is New Construction

No

Lot Size in Acres

0.215

Construction/Exterior

HardiPlank Type, Stucco

Buildings

3

Foundation

Pillar/Post/Pier, Slab

Has Waterfront

No

Possession

Closing & Funding

Has View

No

Water / Sewer

Public Sewer

View

None

Water

Public

Additional Information

Other Utilities

Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, High Speed Internet Available, Phone Available,

APN

02180409100000

Property Type

COM

Status

Active

Property SubType

Multi Family

Documents Available

None

Year Built

2021

Similar Listings

Mortgage Calculator

$9,339

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$7,207

Monthly Tax

$1,666

Monthly Insurance

$466

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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