#6856993, Britt Robinson, Listing office: eXp Realty, LLC
$2,500,000 List price
3405 Cedar St Austin, TX 78705
0 beds
4,170 sqft
0.2 acres
$600 / sqft
Multi-Family
Property details
About 3405 Cedar St
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!
Highlights
Home typeTriplex
HeatingCentral
StatusActive
CoolingCentral Air
Size4,170 sqft
Lot size0.2149 Acres
Year built2021
ParkingAlley Access, Concrete, Off Site, Outside, Paved
MLS #6299220
Summary
- Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Range, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Washer
- Flooring Type: Concrete, Laminate, Tile, Wood
- Interior: Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Multiple Living Areas, Multiple Dining Areas, Recessed Lighting, Walk-In Closet(s)
- Parking: Alley Access, Concrete, Off Site, Outside, Paved
- Waterfront: None
- Exterior: Exterior Steps
- Heating: Central
- Cooling: Central Air
- List Price: $2,500,000
- Price/SqFt: $599
- Annual Tax Amount: $33,458
- Tax Year: 2024
- Lot: Near Public Transit, Few Trees
- Directions: From Guadalupe take 34th street, left on Cedar, house is second on right. From Speedway, left on 34th, right on Cedar.
- Year Built: 2021
- Stories: 2
- Living Area: 4,170 SqFt
- Lot Size: 0.2149 Acres
- MLS Number: 6299220
- MLS Name: ACTRIS
- Office Name: Compass RE Texas, LLC
- Office Phone: (512) 777-0205
- Listing Agent: Tammy Young
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
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Last updated on: 7/16/2025, 10:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,846,602 | $33,458 |
| 2023 | $2,512,230 | $33,458 |
| 2022 | $1,694,145 | $33,458 |
| 2021 | $778,272 | $13,359 |
| 2019 | $600,000 | $12,869 |
| 2018 | $538,342 | $12,154 |
| 2017 | $548,989 | $11,729 |
History based on county public records data.
Nearby schools
7
Lee Elementary School
Public District KG-6
0.6 mi
•3308 Hampton Rd
10
Bryker Woods Elementary School
Public District KG-5
1.0 mi
•3309 Kerbey Ln
6
Maplewood Elementary School
Public District PK-5
1.3 mi
•3808 Maplewood Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,233. Residents of Austin, TX typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
55%
<35k
21%
35k-100k
12%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
83%
Single, No Kids
1%
Single, with Kids
11%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
1%
12-17 yrs old
71%
18-34 yrs old
20%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Art Museums
Where do the neighbors shop?
H&M
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
BMW
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3405 Cedar St
The listing price of 3405 Cedar St property is $2,500,000.
The property 3405 Cedar St is a multi located in Austin, Texas, 78705.
Active Listing: 3405 Cedar St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3405 Cedar St are: Lee Elementary School (GreatSchools Rating 7/10), Bryker Woods Elementary School (GreatSchools Rating 10/10), Maplewood Elementary School (GreatSchools Rating 6/10), Helping Hand (GreatSchools Rating 1/10), Kealing Middle School (GreatSchools Rating 6/10), Vista Academy of Austin-Mueller (GreatSchools Rating 2/10), University of Texas at Austin High School (GreatSchools Rating 9/10), Rosedale (GreatSchools Rating 10/10), Garza Independence High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $33,458 (source: MLS/based on county public records data).
The property 3405 Cedar St is 4,170 SqFt (source: MLS/tax record).
The year of construction for 3405 Cedar St is 2021.
This home is located at 3405 Cedar St in Austin, TX and zip code 78705 in the North University neighborhood. This 4,170 square foot home, which was built in 2021, sits on a 0.21 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $2,500,000.
While more than 108 listings in Austin, TX in June 2025 were sold above asking price, there were more than 149 listings sold at asking price, and more than 635 were sold below. The number of listings in Austin, TX increased by 7.4% between May and June 2025. In June 2025 median list price was $575,928 and the average listing age was 51 days.
From Rocket Homes Real Estate and based on county public records data.