1107 W 31st Street, Austin
$2,450,000 - 4 Beds, 5 Baths, 4,041 Sf
MLS® # 3416915
The Marye Company
3405 Cedar Street, Austin
$2,500,000
10 Beds
10 Baths
4,170 Sqft
.21 Acre
0 Garage
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!
Essential Information
MLS® #1063570
Price$2,500,000
Bedrooms10
Bathrooms10.00
Full Baths9
Half Baths1
Square Footage4,170
Acres0.21
Year Built2021
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
Community Information
Address3405 Cedar Street
AreaUT
SubdivisionInman Heights
CityAustin
CountyTravis
StateTX
Zip Code78705
Amenities
FeaturesNone
ParkingAlley Access, Concrete, Paved
ViewNone
WaterfrontNone
Utilities
Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, High Speed Internet Available, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
Interior
InteriorConcrete, Laminate, Tile, Wood
HeatingCentral
# of Stories2
StoriesTwo
Appliances
Cooktop, Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Free-Standing Range, Disposal, Gas Oven, Gas Range, Microwave, Oven, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Washer
Exterior
Exterior FeaturesExterior Steps
RoofComposition, Shingle
ConstructionHardiPlank Type, Stucco
FoundationPillar/Post/Pier, Slab
Lot Description
Alley, Near Public Transit, Few Trees, Xeriscape
School Information
DistrictAustin ISD
ElementaryLee
MiddleKealing
HighMcCallum
Additional Information
Date ListedJune 26th, 2025
Days on Market17
Listing Details
Office Contact(512) 777-0205
LISTING MAP
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The information being provided is 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.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from July 13th, 2025 at 7:01pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
