$2,500,000 - 3405 Cedar St, Austin
- -
- Bedrooms
- -
- Baths
- 4,170
- SQ. Feet
- 0.21
- Acres
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 2025 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!
Essential Information
-
- MLS® #:
- 6299220
-
- Price:
- $2,500,000
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 4,170
-
- Acres:
- 0.21
-
- Year Built:
- 2021
-
- Type:
- Residential Income
-
- Sub-Type:
- Triplex
-
- Status:
- Active
Community Information
-
- Address:
- 3405 Cedar St
-
- Subdivision:
- Inman Heights
-
- City:
- Austin
-
- County:
- Travis
-
- State:
- TX
-
- Zip Code:
- 78705
Amenities
-
- Utilities:
- Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, High Speed Internet Available, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
-
- Features:
- None
-
- Parking:
- Alley Access, Concrete, Outside, Paved, Off Site
-
- View:
- None
-
- Waterfront:
- None
Interior
-
- Interior:
- Concrete, Laminate, Tile, Wood
-
- Appliances:
- Cooktop, Dryer, Dishwasher, Electric Cooktop, Free-Standing Range, Disposal, Gas Oven, Microwave, Oven, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Washer
-
- Heating:
- Central
-
- # of Stories:
- 2
-
- Stories:
- Two
Exterior
-
- Exterior Features:
- Exterior Steps
-
- Lot Description:
- Alley, Near Public Transit, Few Trees, Xeriscape
-
- Roof:
- Composition, Shingle
-
- Construction:
- HardiPlank Type, Stucco
-
- Foundation:
- Pillar/Post/Pier, Slab
School Information
-
- District:
- Austin ISD
-
- Elementary:
- Lee
-
- Middle:
- Kealing
-
- High:
- McCallum