3408 Cedar StAustin, TX 78705

Description

Historic charm, immediate rental income, and expansion potential in Austin’s 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 property’s 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 property’s 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 architect’s assessment and is not a guarantee of city approval.

Property Information

Property type

Residential Income

Sub-type

Duplex

Year built

1920

Living area

2,040 Sq Ft

Lot size

0.18 acres

Days on market

3

MLS^® Listing#

2501774

Property Features

Interior

Ceiling Fan(s) · Laminate Counters · Walk-In Closet(s) · Master Downstairs · High Speed Internet · High Ceilings

Appliances

Built-In Gas Range · Dishwasher · Disposal · Dryer · Washer/Dryer · Water Heater

Cooling

Ceiling Fan(s) · Central Air

Heating

Central

Flooring

Wood

Parking

Alley Access · Common · Off Street

Laundry

Laundry Room · In Kitchen · Electric Dryer Hookup

Patio

Covered · Front Porch

Fencing

Front Yard · Gate · Stone · Wood

Lot features

Front Yard

Construction

Frame · Wood Siding

Foundation

Pillar/Post/Pier

Roof

Composition · Shingle

Other structures

None

Community

None

Utilities

Cable Available · Electricity Available · Natural Gas Available · Water Available

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Lee

Middle

Kealing

High

McCallum

Financial Details

HOA

None

Annual taxes

$13,225Tax year 2026

Assessed value

$786,590

Parcel number

02180408040000

Directions

38th east to south on Cedar, property down on right.