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3405 Cedar St

Austin, TX 78705
  • $2,000,000
  • STATUS: Active
  • ID#: 2043345
UPDATED: 29 min ago
$2,000,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,170
    SQFT
  • $480
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2021
County:
Area:

School Information

Elementary School:
Lee
Middle School:
High School:
School District:
Property listed by Tammy Young of Compass RE Texas, LLC: (512) 777-0205.

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 bathperfectly 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!

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© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2025-11-15T09:00:07.463.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2025-11-15T09:00:07.463 (date and time MLS GRID Data was obtained). 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. Click here for MLS GRID DMCA Notice
www.armstrongpropertiestx.com/homes/169310114
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3405 Cedar St Austin, TX 78705

  • Price: $2,000,000
  • Status: Active
  • On Site: Days
  • Updated: 29 min ago
  • ID#: 2043345
0
Beds
0
Baths
0
½ Baths
0.21
Acres
4,170
SQFT
$480
$/SQFT
2021
Built
Neighborhood:
Inman Heights
County:
Travis
Area:
Austin
Elementary School:
Lee
Middle School:
Kealing
High School:
Mccallum
School District:
Austin ISD
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 bathperfectly 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!
Exterior Features

Attached Garage YN No Covered Spaces 0 Direction Faces West Exterior Features Exterior Steps Fencing PartialWood Foundation Details Pillar/Post/PierSlab Garage YN No Levels Two Lot Features Alley AccessFew TreesNear Public TransitTrees-SparseXeriscape Other Structures None Parking Features Alley AccessConcreteOff SiteOutsidePaved Patio And Porch Features DeckFront PorchPatioPorch Roof CompositionShingle View None Waterfront Features None Waterfront YN No

Interior Features

Appliances CooktopDishwasherDisposalDryerElectric CooktopMicrowaveOvenGas OvenRangeFree-Standing RangeRNGHDRefrigeratorStainless Steel Appliance(s)WasherWasher/DryerTankless Water Heater Cooling Central Air Fireplaces Total 0 Flooring ConcreteLaminateTileWood Heating Central Interior Features 2 Primary BathsCeiling Fan(s)High CeilingsGranite CountersGas Dryer HookupEat-in KitchenMultiple Dining AreasMultiple Living AreasRecessed LightingWalk-In Closet(s)Washer Hookup Laundry Location Laundry ClosetLaundry RoomLower LevelMain Level Unit Room Type Primary BedroomBedroomPrimary BathroomBathroomKitchenAdditional KtchBonus RoomDenDining RoomLaundryLiving RoomMedia RoomOffice Window Features BlindsDouble Pane WindowsScreens

Property Features

Accessibility Features None Association YN No Community Features None Estimated Taxes 32080 Fema Flood Plain No Horse YN No Listing Terms CashConventional New Construction YN No Pets Allowed No Pool Features None Property Condition Resale Property Sub Type Triplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 32080 Utilities Cable AvailableElectricity AvailableInternet-CableNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedSewer AvailableSewer ConnectedUnderground UtilitiesWater AvailableWater Connected Water Source Public



© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2025-11-15T09:00:07.463.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2025-11-15T09:00:07.463 (date and time MLS GRID Data was obtained). 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. Click here for MLS GRID DMCA Notice
 
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Armstrong Properties
115 West Buck
Caldwell TX, 77836
Property listed by Tammy Young of Compass RE Texas, LLC: (512) 777-0205.