Austin, TX 78705 3405 Cedar St

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Presented By: Compass RE Texas, LLC;
  • MLS# 8211839
  • 08/21/2025
  • Request Tour
  • Request Info
  • Beds • 10
  • Full/Half Baths • 9 / 1
  • SQFT • 4,170

Home Details

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!
Presented By: Compass RE Texas, LLC;

Interior Features for 3405 Cedar St

Bedrooms

Main Level Bedrooms4
Total Bedrooms10

Bathrooms

Half Baths1
Total Baths10

Other Interior Features

LivingAreaSourcePublic Records
FlooringConcrete, Laminate, Tile, Wood
Interior AmenitiesTwo Primary Baths, Ceiling Fan(s), High Ceilings, Granite Counters, Eat-in Kitchen, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)
Total Fireplaces
Window FeaturesBlinds, Double Pane Windows, Screens

General for 3405 Cedar St

AccessibilityNone
Additional Parcels Y/NNo
AppliancesCooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Exhaust Fan, Gas Range, Microwave, Oven, Gas Oven, Range, Free-Standing Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Tankless
CityAustin
Community FeaturesNone
Construction MaterialsHardiPlank Type, Stucco
CoolingCentral Air
CountyTravis
DirectionsFrom Guadalupe take 34th street, left on Cedar, house is second on right. From Speedway, left on 34th, right on Cedar.
DisclosuresNone
Elementary SchoolLee
Energy EfficientNone
Facing DirectionWest
Full Baths9
Garage Spaces
Green SustainabilityNone
HOANo
HeatingCentral
High SchoolMcCallum
LevelsTwo
Lot Size Square Feet9361.04
MLS AreaUT
Middle/Junior High SchoolKealing
New ConstructionNo
Other StructuresResidence, Second Residence
Patio/Porch FeaturesDeck, Front Porch, Patio, Porch
Pool FeaturesNone
Property ConditionResale
Property SubtypeSingle Family Residence
Property TypeResidential
RoofComposition, Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameInman Heights
Tax Annual Amount33022.65
Tax Assessed Value1604000
Tax Year2025
UtilitiesCable Available, Electricity Available, High Speed Internet, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Avail
ViewNone
Waterfront FeaturesNone
Year Built2021
Year Built SourcePublic Records

Exterior for 3405 Cedar St

Covered Spaces
Exterior AmenitiesExterior Steps
FencingFenced, Partial, Wood
Foundation DetailsPillar/Post/Pier, Slab
Horse Amenities None
Horse Y/NNo
Lot FeaturesAlley, Few Trees, Near Public Transit, Some Trees, Xeriscape
Lot Size Acres0.2149
Parking FeaturesAlley Access, Concrete, Paved
Total Parking6
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School McCallum High School
Middle School Kealing Middle School
Elementary School Lee Elementary School

Madison Smith

REALTOR®
Price $2,500,000
MLS#8211839
List Date 08/21/2025
Property Type Single Family
Phone 512.877.9938
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