3405 Cedar ST new Save Request In-Person Tour Request Virtual Tour
Austin,TX 78705
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,158 sqft
Price per Sqft $484
Subdivision Inman Heights
MLS Listing ID 2554292
Year Built 2021
Annual Tax Amount $32,080
Tax Year 2025
Lot Size 9,361 Sqft
Property Sub-Type Multi Family
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!
Location
State TX
County Travis
Interior
Heating Central
Cooling Central Air
Flooring Concrete,Laminate,Tile,Wood
Exterior
Utilities Available Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Natural Gas Connected,Phone Available,Phone Connected,Sewer Available,Sewer Connected,Underground Utilities,Water Available,Water Connected
View None
Building
Foundation Pillar/Post/Pier,Slab
Sewer Public Sewer
Water Public
Structure Type HardiPlank Type,Stucco
New Construction No
Others
Special Listing Condition Standard