3405 Cedar ST, Austin, TX 78705
- 5,158 sqft
Multi-Family Home
Built in 2021
9,361sqft lot
—— car garage
$485/sqft
Listed 4 days ago
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!
- Listing Status:
- Active
- Listing Office:
- Compass RE Texas, LLC : (512) 575-3644
- Listing Agent:
- Tammy Young : (512) 777-0205
- MLS ID:
- 2554292
- Flooring: ConcreteLaminateTileWood
- A/C: Central Air
- Heating: Central
- Eco/Green Feature: NoneNone
This listing courtesy of Tammy Young, Compass RE Texas, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Lee Elementary School
3308 Hampton Rd, Austin, TX, 78705
Grades KG-6
0.63 miles away
Rosedale
2117 W 49th St, Austin, TX, 78756
Grades PK-12
1.47 miles away
Rosedale
2117 W 49th St, Austin, TX, 78756
Grades PK-12
1.47 miles away