3405 Cedar St, Austin TX 78705

$2,500,000
3405 Cedar St, Austin TX 78705, Austin

Overview

  • Updated On:
  • August 24, 2025
  • 4,170 ft2

Description

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!

Address: 3405 Cedar St, Austin TX 78705
City:
State/County:
Zip: 78705
Country: United States

Property Id: 8533738
Price: $2,500,000
Property Size: 4,170 ft2
Property Lot Size: 0 ft2
ACTRIS_LaundryLocation: Laundry Closet,Laundry Room,Lower Level,Main Level
ACTRIS_TaxFilledSqftTotal: 3988
AccessibilityFeatures: None
CommunityFeatures: None
Cooling: Central Air
DirectionFaces: West
ElementarySchool: Lee
ElementarySchoolDistrict: Austin ISD
Flooring: Concrete,Laminate,Tile,Wood
FoundationDetails: Pillar/Post/Pier,Slab
Heating: Central
HighSchool: McCallum
ListOfficeName: Compass RE Texas, LLC
LivingAreaSource: Public Records
LotFeatures: Alley Access,Few Trees,Near Public Transit,Trees-Sparse,Xeriscape
MiddleOrJuniorSchool: Kealing
MLSAreaMajor: UT
MlsStatus: Active
OtherStructures: None
ParkingFeatures: Alley Access,Concrete,Off Site,Outside,Paved
PatioAndPorchFeatures: Deck,Front Porch,Patio,Porch
PoolFeatures: None
Roof: Composition,Shingle
Sewer: Public Sewer
StateOrProvince: TX
TaxAnnualAmount: 32080
Utilities: Cable Available,Electricity Available,Internet-Cable,Natural Gas Available,Natural Gas Connected,Phone Available,Phone Connected,Sewer Available,Sewer Connected,Underground Utilities,Water Available,Water Connected
View: None
WaterfrontFeatures: None
WaterSource: Public
YearBuilt: 2021
ListingId: 2457316
ACTRIS_PropertyKey: 48453|212972|1|9748896
ListOfficePhone: (512) 575-3644
SyndicationRemarks: 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!
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
Levels: Two
ModificationTimestamp: August 22, 2025 at 09:00am
ACTRIS_EstimatedTaxes: 32080
Fencing: Partial,Wood
ACTRIS_Country: US
LotSizeArea: 0.2149
PropertyCondition: Resale

Other Features
2 Primary Baths
Ceiling Fan(s)
Cooktop
Dishwasher
Disposal
Dryer
Eat-in Kitchen
Electric Cooktop
Electrical Utility Available
Exterior Steps
Free-Standing Range
Gas Dryer Hookup
Gas Oven
Granite Counters
High Ceilings
Microwave
Multiple Dining Areas
Multiple Living Areas
Oven
Range
Recessed Lighting
Refrigerator
RNGHD
Stainless Steel Appliance(s)
Tankless Water Heater
Walk-In Closet(s)
Washer
Washer Hookup
Washer/Dryer

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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