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3707 Cedar StAustin, TX 78705
Cedar Street Flats
Asset ClassMultifamily
# Units16
AVG SF: 7,200Land: 0.3 AcresAccess Data Room
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Overview

Cedar Street Flats is a 16-unit apartment community located at 3707 Cedar Street in Austin. The prop-erty consists of efficiently designed one-bedroom, one-bathroom residences averaging approximately 450 square feet, with practical layouts that prioritize usable living space. Interiors feature modern upgrades throughout, contemporary cabinetry, upgraded kitchen appliances, and updated lighting and fixtures. Each unit includes large walk-in closets and individually controlled air conditioning systems. The community is supported by functional on-site amenities, including shared laundry facilities, dedicated surface parking, and a pet-friendly environment.

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Investment Highlights

  • Classic mid-century, low-rise multifamily complex in an established neighborhood between North University and Hyde Park.
  • 15 of the 16 units have been fully remodeled and have easily accessible, off-street, surface parking directly in front of their door.
  • Affordable price point for young professionals or students.
  • Convenient proximity to UT, Central Market, North Lamar and numerous medical districts.
  • Favorable NO-NCCD-ETOD zoning which allows for higher-density redevelopment potential.
  • 2026 outlook for Austin multifamily: Construction starts are at a 10-year low. Demand is outpacing supply for the first time in 4 years. Austin leads the US in job growth.
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3707 Cedar StAustin, TX 78705
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