Overview
Description
Located at 3707 Cedar Street, this 16-unit mid-century, low-rise multifamily community offers a turnkey investment in a high-demand Austin corridor. The property features 1BR/1BA units (avg. 450 SF) with optimized floor plans and a comprehensive interior/exterior renovation package.
Upgrades include modern kitchens with updated cabinetry and appliances, new fixtures throughout, and individually controlled HVAC. Community infrastructure is bolstered by on-site laundry and dedicated surface parking. With all major renovations complete, Cedar Street Flats represents a stabilized, low-maintenance asset with enhanced curb appeal and modernized interiors.
Address
- Street3707 Cedar
- CityAustin
- SubdivisionBuddington
- CountyTravis
- StateTX
- Zip78705
- MLS #8292949
Interior
- Bathrooms Total Integer0
- Bedrooms Total0
- CoolingYes
- FlooringVinyl
- HeatingSee Remarks
- Other EquipmentVaries by Unit
Exterior
- Lot FeaturesFlat
- Lot Size Acres0
- Lot Size Area0
- Parking FeaturesAlley Access,Asphalt
- TopographyLevel
Structure
- Building Area SourcePublic Records
- Building Area Total7,200
- Building FeaturesMulti-Tenant,No Loading
- Construction MaterialsBrick
- Current UseMulti-Family
- Foundation DetailsSlab
- Leasable Area7,200
- Number Of Buildings1
- Property ConditionUpdated/Remodeled
- Year Built1967
- Year Built SourcePublic Records
Utilities
- SewerPublic Sewer
- UtilitiesElectricity Connected,Natural Gas Connected,Sewer Connected
- Water SourcePublic
Financial
- Existing Lease TypeNet
- Gross Scheduled Income170,700
- Net Operating Income72,558
- Operating Expense115,232
- Parcel Number02180403150000
- Tax Annual Amount54,518
- Tax Assessed Value2,223,453
- Tax Block2
- Tax Legal Description0.30 AC OF LOT 8 &10 BLK 2 OLT 77 DIV D BUDDINGTON SUBD
- Tax Lot8
- Tax Year2026
- Vacancy Allowance25
- ZoningMF-2-NCCD-ETOD-DBETOD-NP
- Zoning DescriptionMF-2-NCCD-ETOD-DBETOD-NP
Location
- Anchors & Cotenantsnone
- CountryUnited States
- County Or ParishTravis
- DirectionsHeading North on N Lamar turn R into W 38th St then turn R into Cedar St Heading South on N Lamar do the opposite :)
- Latitude30
- Longitude-98
- MLS Area MajorUT
- Postal Code78705
- Street NameCedar
- Street Number3707
- Street Number Numeric3,707
- Street SuffixStreet
- Subdivision NameBuddington
- Unparsed Address3707 Cedar ST
Listing Info
- Attribution Contact(512) 343-2700
- Contract Status Change DateMay 22, 2026
- Cumulative Days On Market118
- Days On Market118
- List AORAustin Board of Realtors
- List Agent Direct Phone(512) 993-0842
- List Agent First NameSally
- List Agent Full NameSally Burns
- List Agent Key13989480
- List Agent Last NameBurns
- List Agent MLS ID718525
- List Agent National Association ID785048331
- List Agent URLhttps://muskin-elam.com/
- List Office Emailellenm@muskin-elam.com
- List Office Key988521
- List Office MLS ID5982
- List Office NameMuskin Elam Group LLC
- List Office Phone(512) 343-2700
- List Office URLwww.muskincommercial.com
- List Price2,250,000
- Listing AgreementExclusive Agency
- Listing Contract DateMay 22, 2026
- Listing ID8292949
- Listing Key1169436503
- Listing ServiceFull Service
- Listing TermsCash,Conventional,1031 Exchange,FHA,Fannie Mae,VA Loan
- Listing URLhttps://platform.reverecre.com/project/a62eabd1-678a-4d14-8858-b1e737249de8
- Major Change TimestampSeptember 17, 2026
- MLS StatusActive
- Modification TimestampSeptember 17, 2026
- On Market DateMay 22, 2026
- Original Entry TimestampMay 22, 2026
- Originating System Key230350783
- Originating System NameACTRIS
- Photos Change TimestampSeptember 17, 2026
- Photos Count29
- PossessionClosing & Funding
- Price Change TimestampSeptember 17, 2026
- Showing Contact NameSally Burns
- Showing Contact Phone512-993-0842
- Showing Contact TypeAgent
- Source System Key1169436503
- Special Listing ConditionsStandard
- Status Change TimestampMay 22, 2026
- Syndicate ToApartments.com,AustinHomeSearch.com,HAR.com,ListHub,Realtor.com
- Syndication RemarksLocated at 3707 Cedar Street, this 16-unit mid-century, low-rise multifamily community offers a turnkey investment in a high-demand Austin corridor. The property features 1BR/1BA units (avg. 450 SF) with optimized floor plans and a comprehensive interior/exterior renovation package. Upgrades include modern kitchens with updated cabinetry and appliances, new fixtures throughout, and individually controlled HVAC. Community infrastructure is bolstered by on-site laundry and dedicated surface parking. With all major renovations complete, Cedar Street Flats represents a stabilized, low-maintenance asset with enhanced curb appeal and modernized interiors.
- Universal Property IDUS-48453-N-02180403150000-R-N
- Videos Change TimestampSeptember 17, 2026
- Videos Count0
Features & Amenities
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- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Sally Burns
Listing Agent · Muskin Elam Group LLC
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