$2,000,000

3405 Cedar St, Austin, TX 78705

  • 10 beds |
  • 10 baths |
  • 4,170 sqft
  • Property Icon other
  • Property Year Built Icon Built in 2021
  • Property Lot Size Icon9,361sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $480/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

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!

Listing Status:
Active
Listing Office:
Compass RE Texas, LLC : (512) 575-3644
Listing Agent:
Tammy Young : (512) 777-0205
MLS ID:
8141426
  • General: Two Primary BathsCeiling Fan(s)Ceiling-HighGranite CountersEat-in KitchenMultiple Dining AreasMultiple Living AreasRecessed LightingWalk-In Closet(s)
  • Appliances: CooktopDishwasherDisposalDryerElectric CooktopMicrowaveOvenGas OvenRangeFree-Standing RangeRNGHDRefrigeratorStainless Steel Appliance(s)WasherWasher/DryerTankless Water Heater
  • Laundry: Laundry ClosetLaundry RoomLower LevelMain Level
  • Flooring: ConcreteLaminateTileWood
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: NoneNone
  • General: Exterior Steps
  • Other Structures: PorchFront PorchDeckPatio
  • Pool: None
  • Parking: Alley AccessConcreteOff SiteOutsidePavedParking spaces: 6
  • Roofing: CompositionShingle
  • Windows: BlindsDouble Pane WindowsScreens
  • General: TwoPillar/Post/PierSlab
  • HOA Amenities: None
  • Originating MLS: actris
  • School District: Austin ISD
  • County: Travis
  • Zoning: LOT 22 LESS W5' & E155' &S8' OF LOT 21 * & E75' OF W80' OFN7' LOT 23 BLK 1 OLT 77 DIV D INMAN HEIGHTS0218040910
  • View: None
  • Fencing: PartialWood
  • Utilities: Cable AvailableElectricity AvailableHigh Speed InternetNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedSewer AvailableSewer ConnectedUnderground UtilitiesWater AvailableWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: actris

This listing courtesy of Tammy Young, Compass RE Texas, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lee Elementary School

3308 Hampton Rd, Austin, TX, 78705

Grades KG-6

0.63 miles away

K

Kealing Middle School

1607 Pennsylvania Ave, Austin, TX, 78702

Grades 6-8

2.10 miles away

M

McCallum High School

5600 Sunshine Dr, Austin, TX, 78756

Grades 9-12

1.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.