3405 Cedar St, Austin TX 78705,Austin,Travis,Residential Income

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

Overview

  • Property ID
  • 2304801
  • 4,170 ft2
  • 0 ac

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!

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
Property Id : 2304801
Price: $ 2,500,000
Property Size: 4,170 ft2
Property Lot Size: 0 ac
Syndication Remarks: 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!
Parking Features: Alley Access, Concrete, Off Site, Outside, Paved
Lot Size(acres): 0.2149
Lot Size(sf): 9361.04
Country: US
Last Listing Change: 2025-08-21T15:43:34.303Z
Property Key: 48453|212972|1|9748896
Status Contractual Search Date: 2025-08-21
Listing Key Numeric: 204779775
Est. Taxes: 32080
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 40
State: TX
Last Status Change: August 21, 2025 at 03:43pm
Street Name: Cedar St
Laundry Location: Laundry Closet, Laundry Room, Lower Level, Main Level
Street# Ext.: 3405
Street#: 3405
Property Match: APN
$/SF: 599.52
Tax Filled SF Total: 3988
Unit Mix: See Remarks, 1/1, 3/2.5
Unit Room Type: Primary Bedroom, Bedroom, Primary Bathroom, Bathroom, Kitchen, Additional Ktch, Bonus Room, Den, Dining Room, Laundry, Living Room, Media Room, Office
Accessibility Features: None
Community Features: None
Construction Materials: HardiPlank Type, Stucco
Cooling: Central Air
Covered Spaces: 0
Faces: West
Directions: From Guadalupe take 34th street, left on Cedar, house is second on right. From Speedway, left on 34th, right on Cedar.
Elem School: Lee
Elem School District: Austin ISD
Fencing: Partial, Wood
#Fireplaces: 0
Flooring: Concrete, Laminate, Tile, Wood
Foundation Details: Pillar/Post/Pier, Slab
Garage Spaces: 0
Heating: Central
High School: McCallum
High School District: Austin ISD
Levels: Two
Listing ID: 2457316
Listing Terms: Cash, Conventional
SF Source: Public Records
Lot Features: Alley Access, Few Trees, Near Public Transit, Trees-Sparse, Xeriscape
MLS Area Major: UT
Middle School: Kealing
Middle School District: Austin ISD
Status: Active
Other Structures: None
Parcel#: 0218040910
Patio And Porch Features: Deck, Front Porch, Patio, Porch
Pets Allowed: No
Pool Features: None
Property Condition: Resale
Roof: Composition, Shingle
Sewer: Public Sewer
Special Listing Conditions: Standard
Tax Annual($): 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
Water Source: Public
Waterfront Features: None
Window Features: Blinds, Double Pane Windows, Screens
Year Built: 2021
$ 17,120.53
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 12,641.36
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle