3405 CEDAR STREET, AUSTIN, TX 78705
Homes for sale in Austin.
Homes for sale in 78705.
3405 Cedar Street
Austin, TX 78705
List Price$2,000,000
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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