3405 Cedar St Austin, TX $ 2,000,000
3405 Cedar St
$ 2,000,000
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3405 Cedar St

Austin, TX, 78705
$ 2,000,000
Bedrooms-- Baths-- Sq 5,158
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Property for Rent in Austin, TX

for $2,000,000. This 5,158 square foot property was built in 2021 on a lot size of 0.2149.

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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Rental Active

Price

$ 2,000,000

Taxes

$ 32,080

Style

Multi Family

Lot Size

0.2149

Year Built

2021

Town/City

Austin

County/Region

Travis

MLS | Web ID

7088797

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available High Speed Internet Natural Gas Available Natural Gas Connected Phone Available Phone Connected Sewer Available Sewer Connected Underground Utilities Water Avail
Security Features Smoke Detector(s)
Construction Materials HardiPlank Type Stucco
Year Built 2021
View None
Property Subtype Multi Family
Tax Year 2025
Current Use Multi-Family
Accessibility None
County Travis
Operating Expense 72460
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Inman Heights
Building Features Appliances Furniture Washer/Dryer Connections
Green Sustainability None
Other Structures None
Status Active
Directions From Guadalupe take 34th street left on Cedar house is second on right. From Speedway left on 34th right on Cedar.
City Austin
Disclosures None
MLS Area UT
Lot Size Square Feet 9361.04
Tax Annual Amount 32080
Property Condition Resale
Leasable Area 4170
Lease Type Gross
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1604000
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Interior
Flooring Concrete Laminate Tile Wood
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features Alley Access Concrete Off Site Outside Paved
Water Source Public
Total Parking 6
Foundation Details Pillar/Post/Pier Slab
Number of Buildings 3
Building Area Total 5158
Lot Size Acres 0.2149
Waterfront Y/N N
Other Equipment Dryer Connections Washer Hookup
Horse Y/N N
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Internal Only
Street Number 1 3405
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* Excluded Features
List By
Tammy Young

Listing Agent

Compass Re Texas, Llc

Broker

tammy@seedpropertygroup.com

Email

Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$2,000,000 Listed Price

Map


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3405 Cedar St, Austin, TX, 78705 is a Property for Rent at $2,000,000 with 5,158 sqft and a lot size of 0.2149. 3405 Cedar St was built in 2021. The property's zip code is 78705 which is in Austin, TX