3405 Cedar Street, Austin, TX

$2,000,000

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0.21

Acres

About 3405 Cedar Street

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!

Features of 3405 Cedar Street

MLS® # 1521067
Price $2,000,000
Bathrooms 0.00
Acres 0.21
Year Built 2021
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 3405 Cedar Street
Area UT
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
Parking Concrete, Outside, Paved, Alley Access, Off Site
View None
Is Waterfront No
Has Pool No

Interior

Interior Concrete, Laminate, Tile, Wood
Heating Central
Fireplace No

Exterior

Construction HardiPlank Type, Stucco
Foundation Pillar/Post/Pier, Slab

Additional Information

Date Listed October 28th, 2025
Days on Market 3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass RE Texas, LLC
Contact Info(512) 777-0205

Listing Map

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