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3405 Cedar STAustin, TX 78705

For Sale

$2,500,000

Smart Buyer Rebate $25,000

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!

Listed by Tammy Young

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License #580831

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Compass RE Texas, LLC

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(512) 777-0205

Listed by Dominique Anderson

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License #602041

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Compass RE Texas, LLC

Last updated August 22, 2025

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Source: ACTRIS #8211839

Listing Facts

  • TypeSingle-family
  • NeighborhoodNorth University
  • Bedrooms10
  • Bathrooms10
  • Days on Prevu15
  • Taxes$33,022.65/year
  • Size4,170 sqft
  • Price per sqft$600

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

08/21/2025
Listed by Compass RE Texas, LLC
$2,500,000

Property Details for 3405 Cedar ST

Exterior

Construction

  • Property Condition: Resale
  • Roof: Composition, Shingle
  • Window Features: Blinds, Double Pane Windows, Screens
  • Year Built: 2021
  • Construction Materials: Hardi Plank Type, Stucco
  • Exterior Features: Exterior Steps

Features

  • Direction Faces: West
  • Fencing: Fenced, Partial, Wood
  • Other Structures: Residence, Second Residence
  • Patio And Porch Features: Deck, Front Porch, Patio, Porch

Measurements

  • Lot Features: Alley Access, Few Trees, Near Public Transit, Trees-Sparse, Xeriscape
  • Lot Size Acres: 0.21
  • Lot Size Area: 0
  • Lot Size Square Feet: 9,361

Financial

Taxes

  • Parcel Number: 02180409100000
  • Tax Annual Amount: $33,022.65
  • Tax Assessed Value: $1,604,000.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Exhaust Fan, Gas Range, Microwave, Oven, Gas Oven, Range, Free-Standing Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Tankless Water Heater
  • Flooring: Concrete, Laminate, Tile, Wood
  • Interior Features: 2 Primary Baths, Ceiling Fan(s), High Ceilings, Granite Counters, Gas Dryer Hookup, Eat-in Kitchen, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom On Main, Recessed Lighting, Walk-In Closet(s), Washer Hookup

Measurements

  • Living Area: 4,170
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 9
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 10
  • Bedrooms Total: 10
  • Main Level Bedrooms: 4

Other

Location

  • Subdivision Name: Inman Heights
  • Tax Block: 1
  • Tax Lot: 22

Parking

Parking

  • Parking Features: Alley Access, Concrete, Paved
  • Parking Total: 6

Schools

Elementary School

  • Elementary School: Lee
  • Elementary School District: Austin ISD

High School

  • High School: Mc Callum
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: Kealing
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet-Cable, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Water Source: Public

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.