3405 Cedar ST Austin, TX 78705
Single Family Attached
MLS #: 1521067
Courtesy Of Compass RE Texas, LLC
Property InformationDescription
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!
Features
- Age: 1-5 Years Old
- Amenities: Security System
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Stucco
- Exterior Type: HardiPlank Type
- Floor Covering: Laminate
- Floor Covering: Wood
- Floor Covering: Tile
- Floor Covering: Concrete
- Heating System: Central
- Legal Description: LOT 22 LESS W5' & E155' &S8' OF LOT 21 * & E75' OF W80' OFN7' LOT 23 BLK 1 OLT 77 DIV D INMAN HEIGHTS
- MLSID: 1521067
- Parking Spaces: 6
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