3405 Cedar ST Austin, TX 78705 New

UPDATED: 10/28/2025 04:42 PM ON MARKET: 1 days on market

$2,500,000

10 Beds9.5 Baths4,170 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,170 sqft

Price per Sqft $599

Subdivision Inman Heights

MLS Listing ID 8192212

Bedrooms 10

Full Baths 9

Half Baths 1

HOA Y/N No

Year Built 2021

Annual Tax Amount $33,022

Tax Year 2025

Lot Size 9,361 Sqft

Acres 0.2149

Property Sub-Type Single Family Residence

Source actris

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!

Listed by Compass RE Texas, LLC