3408 Cedar St, Austin, TX 78705

$799,900
2,040
SqFt

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List Price
$799,900
Status
ACTIVE
MLS#
2501774
Days on Market
1
Living Area
2,040
Lot Size
7,679
Area
Austin - Central

Property 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.

Additional Information

Taxes
$13,224
Tax Year
2026
Year Built
1920
Exterior Features
Exterior Steps
Interior Features
Ceiling Fan(s), Ceiling-High, Laminate Counters, Interior Steps, Primary Bedroom on Main, Walk-In Closet(s)
Roof
Composition, Shingle
Appliances
Built-In Gas Range, Dishwasher, Disposal, Dryer, Washer/Dryer, Water Heater
Construction
Frame, Wood Siding
Region
Austin - Central
View
No View
School District
Austin ISD
Elementary School
Lee
High School
McCallum
Middle School
Kealing
Sewer
Public Sewer
Stories
2
Street Name
Cedar St
Street Number
3408
Neighborhood
Inman Heights
Water
Public
Acres
0.18
County
Travis
Floor
Wood
Heating
Central
Lot Description
Alley, Front Yard

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Listing courtesy of Direct Effect Real Estate. Contact: (512) 423-8264

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