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3405 Cedar St, Austin, TX 78705

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For Sale

$2,500,000

4,170 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $599.52
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

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!
MLS# 6299220

Courtesy Of Compass RE Texas, LLC

(512) 575-3644

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Ceiling Fan, Security System, Security System
  • Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Dryer, Garbage Disposer, Microwave, Oven - Gas, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Floor Covering
    Concrete, Laminate, Tile, Wood
  • Lot Size
    0.22 Acres
  • Rooms
    Bonus Room, Den, Dining Room, Kitchen, Living Room, Media Room, Office

Map and Directions

Directions to 3405 Cedar St, Austin, TX 78705

Home seller CENTURY 21 Stribling Properties

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CENTURY 21 Stribling Properties

(512) 863-0021
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Monthly Payment Breakdown

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  • Hazard Insurance
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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