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3408 Cedar St, Austin, TX 78705

$799,900
  • 3408 Cedar St, Austin, TX 78705 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,040 MLS#2501774
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONInman Heights SCHOOLAustin ISD

Property Description

Historic charm, immediate rental income, and expansion potential in Austins North University neighborhood! Built in 1920, 3408 Cedar St offers an opportunity to own an income-producing duplex near the University of Texas. The main home features a 2-bedroom, 2-bath unit and a 3-bedroom, 2-bath unit, both currently leased, generating a combined $4,250 in monthly rent. Approximately 2,040 square feet of existing living space, separately metered utilities, and alley access add to the propertys appeal.Per information provided by an architect, the 7,440-square-foot lot allows for up to three residential units and one accessory building, with up to 4,836 square feet of total living space across three structures. Collect income from the existing units while exploring opportunities to expand and maximize the propertys use. Historic character, proximity to UT, and development potential make this a compelling opportunity in Central Austin.Buyer to perform their own due diligence. Development information is based on an architects assessment and is not a guarantee of city approval.

3408 Cedar St | MLS# 2501774

This multi-family property located at 3408 Cedar St, Austin, TX 78705 is currently listed for sale with an asking price of $799,900. Cedar St is located within the Austin ISD school district. Search Austin real estate on www.rmcapitalcity.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Lot Size: 0.18 Acres
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $13,224
Year Built: 1920

Amenities

Ceiling Fan(s)
High Ceilings
Laminate Counters
Electric Dryer Hookup
Interior Steps
Primary Bedroom on Main
Walk-In Closet(s)
Washer Hookup
Exterior Steps

Feature Descriptions

Appliances: Built-In Gas Range, Dishwasher, Disposal, Dryer, Washer/Dryer, Gas Water Heater
Area #: UT
Days on Site: 2
Exterior: Frame, Wood Siding
Fencimg: Front Yard, Gate, Stone, Wood
Flood Plain: No
Flooring: Wood
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Alley Access, Front Yard
Other Equipment: Electric Dryer Hookup
Parcel#: 02180408040000
Parking: Alley Access, Common, Off Street
Parking Notes: Alley Access, Common, Off Street
Patio/Porch: Covered, Front Porch
Pets Allowed: Negotiable
Restrictions: City Restrictions
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Internet-Cable, Natural Gas Available, Water Available
Water: Public

Local Schools

High School: McCallum
Middle School: Kealing
Elementary School: Lee
School District: Austin ISD

Listed By / Shown By

Listed By

Agency Name: Direct Effect Real Estate
Agency Contact: (512) 423-8264

Shown By

Agency Title: Realty Capital City
Agency Phone: 512-744-4600

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Estimated Payment

$ 3,115.53 per month $1,780.23 Principal & Interest $1,102.00 Property Tax $233.30 Homeowner's Insurance

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