3405 Cedar St new Save Request In-Person Tour Request Virtual Tour
Austin,TX 78705
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,170 sqft
Price per Sqft $599
Subdivision Inman Heights
MLS Listing ID 2457316
HOA Y/N No
Year Built 2021
Annual Tax Amount $32,080
Tax Year 2025
Lot Size 9,361 Sqft
Acres 0.2149
Property Sub-Type Triplex
Source actris
Property Description
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!
Location
State TX
County Travis
Area Ut
Interior
Interior Features Two Primary Baths,Ceiling Fan(s),High Ceilings,Granite Counters,Eat-in Kitchen,Multiple Dining Areas,Multiple Living Areas,Recessed Lighting,Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Concrete,Laminate,Tile,Wood
Fireplace Y
Appliance Cooktop,Dishwasher,Disposal,Dryer,Electric Cooktop,Microwave,Oven,Gas Oven,Range,Free-Standing Range,RNGHD,Refrigerator,Stainless Steel Appliance(s),Washer,Washer/Dryer,Tankless Water Heater
Exterior
Exterior Feature Exterior Steps
Fence Partial,Wood
Pool None
Community Features None
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
Waterfront Description None
View None
Roof Type Composition,Shingle
Accessibility None
Porch Deck,Front Porch,Patio,Porch
Total Parking Spaces 6
Building
Lot Description Alley,Few Trees,Near Public Transit,Some Trees,Xeriscape
Faces West
Foundation Pillar/Post/Pier,Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type HardiPlank Type,Stucco
New Construction No
Schools
Elementary Schools Lee
Middle Schools Kealing
High Schools Mccallum
School District Austin Isd
Others
Pets Allowed No
Restrictions None
Acceptable Financing Cash,Conventional
Tax Rate 1.9818
Listing Terms Cash,Conventional
Special Listing Condition Standard
Pets Allowed No