3405 Cedar St, Austin, TX 78705

Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: tammy young, dominique anderson
Office: compass re texas, llc.
MLS#:2043345
Source:ACTRIS
3405 Cedar St,Austin, TX 78705
$2,000,000
  • - Beds
  • - Baths
  • 4,170 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$479.62

About this home

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!

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Home facts

  • Year built:2021
  • Listing ID #:2043345
  • Updated:November 25, 2025 at 03:53 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:$2,000,000
  • Price per sq. ft.:$479.62
  • Tax amount:$32,080 (2025)
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