3405 Cedar ST, Austin, TX 78705 - MLS#1063570

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Spencer Wheelwright

[email protected] +1(512) 944-8553

$2,500,000

Est. payment - /mo

10 Beds

9.5 Baths

4,170 SqFt

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UPDATED:

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 1063570

Bedrooms 10

Full Baths 9

Half Baths 1

HOA Y/N No

Year Built 2021

Annual Tax Amount $33,022

Tax Year 2024

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 2025 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

Rooms

Main Level Bedrooms 4

Interior

Interior Features Two Primary Baths, Ceiling Fan(s), High Ceilings, Granite Counters, Eat-in Kitchen, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Concrete, Laminate, Tile, Wood

Fireplace No

Appliance Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Exhaust Fan, Gas Range, Microwave, Oven, Gas Oven, Free-Standing Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Tankless Water Heater

Exterior

Exterior Feature Exterior Steps

Fence Fenced, 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

Porch Deck, Front Porch, Patio, Porch

Total Parking Spaces 6

Private Pool No

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

Special Listing Condition Standard

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Listed by Compass RE Texas, LLC

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Spencer Wheelwright

+1(512) 944-8553

Broker Associate | License ID: 667574

Broker Associate License ID: 667574

3405 Cedar ST Austin, TX 78705

Spencer Wheelwright

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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