3405 Cedar St, Austin, TX 78705

Local realty services provided by:ERA Experts
Listed by:tammy young
Office:compass re texas, llc.
MLS#:2457316
Source:ACTRIS
3405 Cedar St,Austin, TX 78705
$2,500,000
  • - Beds
  • - Baths
  • 4,170 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$599.52

About this home

AMAZING 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/7 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!

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Home facts

  • Year built:2021
  • Listing ID #:2457316
  • Updated:September 17, 2025 at 03:16 PM

Rooms and interior

  • Living area:4,170 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:2021
  • Building area:4,170 sq. ft.

Schools

  • High school:McCallum
  • Elementary school:Lee

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$599.52
  • Tax amount:$32,080 (2025)
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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