3405 Cedar Street
Austin, TX 78705
0.21 acres | #2554292
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!
Property Details
- Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, High Speed Internet Available, Phone Avail
- FoundationPillar Post Pier, Slab
- SubdivisionInman Heights
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Property SubtypeMultiFamily
- Original List Price$2,500,000
- Taxes Annual$32,080
- MLS #2554292
- Cost2500000
- MLS #2554292
- Acres0.2149
- Utility SourcePublic
- CountyTravis
- Property ConditionResale
- Year Built2021
- Days on Market (Cumulative)1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-08-21 15:44:43 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Tammy Young (#580831), Phone: (512) 777-0205
Listing Office: Compass RE Texas, LLC (#700459)
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