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3405 Cedar St, Austin

$2,000,000 3405 Cedar St, Austin, TX 78705
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!
  • For Sale
    Status
  • 2021
    Year Built
  • 4,170 Sq.Ft.
    Living Area
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Schedule a Showing

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Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 4,170 Sq.Ft.
  • Lot Size: 9,361.04 Sq.Ft.
  • MLS® ID: 2043345
  • Type: Multi-Family
  • Year Built: 2021
  • Water Frontage: None
  • View Description: None
  • Elementary School:Lee
  • Middle School: Kealing
  • High School: McCallum
  • School District: Austin ISD

Interior

  • Flooring: Concrete, Laminate, Tile, Wood
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Oven, Gas Oven, Range, Free-Standing Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Tankless Water Heater
  • Other Interior Features: 2 Primary Baths, Ceiling Fan(s), High Ceilings, Granite Counters, Gas Dryer Hookup, Eat-in Kitchen, Multiple Dining Areas, Multiple Living Areas, Recessed Lighting, Walk-In Closet(s), Washer Hookup

Exterior & Building

  • Stories: 2
  • Water Source: Public
  • 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
  • Pool: None
  • Roof: Composition, Shingle
  • Lot Features: Alley Access, Few Trees, Near Public Transit, Trees-Sparse, Xeriscape
  • Parking: Alley Access, Concrete, Off Site, Outside, Paved
  • Heat Type: Central
  • Air Conditioning: Central Air
  • Sewer: Public Sewer
  • Substructure: Pillar/Post/Pier, Slab
  • Disability Features: None
  • Other Exterior Features: Exterior Steps

Financial

  • Sales Price: $2,000,000
  • Real Estate Tax: $32,080/yr

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3405 Cedar St, Austin

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Our goal is to earn a customer and friend for life by providing outstanding customer service. At the end of the day for us, it’s not just a transaction but a life-long relationship, a community, and a friendship with the people you meet along the journey.
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