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$2,350,000
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Property 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.
Full Property Details
Full Property Details for 3707 Cedar St
General
- Price: $2,350,000
- Taxes: $54,518 (2026)
- Status: Active
- Type: Apartment
- Source: Austin_MLS
- MLS ID: 8292949
- Updated: 5/22/2026
- Added to Site: 8 day(s) ago
Rental Information
- Lease Info: Net
Interior
- Flooring: Vinyl
Additional Information
- Security/Safety: Smoke Detector(s), Security Lights
- Equipment: Varies by Unit
Parking
- Total Spaces: 23
- Parking Features: Alley Access, Asphalt
Location
- Area: UT
- County: Travis
- Subdivision: Buddington
- Driving Directions: Heading North on N Lamar turn R into W 38th St then turn R into Cedar St Heading South on N Lamar do the opposite :)
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Multi Units
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick
- Square Feet: 7,200
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Multi-Family
- Year Built: 1967
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Topography: Level
- Lot Features: Flat
Financial Considerations
- Operating Expenses: $115,232
- Assessment Amount: $2,223,453
- Tax Amount: $54,518.36
- Tax Year: 2026
- Terms: Cash, Conventional, 1031 Exchange, FHA, Fannie Mae, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 0.30 AC OF LOT 8 &10 BLK 2 OLT 77 DIV D BUDDINGTON SUBD
- Disclosures/Reports: None
- Property ID: 2180403150000
- Block: 2
- Lot Number: 8
Listed by Muskin Elam Group LLC
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Schools
Schools serving 3707 Cedar St
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Lee Elementary School, Austin, TX 3308 Hampton Road, Austin, TX 78705 | K-6 | 0.7 mi |
Kealing Middle School 1607 Pennsylvania Avenue, Austin, TX 78702 | 6-8 | 2.2 mi |
Mccallum High School 5600 Sunshine Drive, Austin, TX 78756 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3707 Cedar St
Date
Details
Price
Change
Source
5/22/2026
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3707 Cedar St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$46,374
—
$2,223,453
-5%
2024
$46,374
25%
$2,340,000
20%
2022
$36,971
—
$1,950,000
4%
2022
$36,971
-4%
$1,872,000
6%
2021
$38,436
-1%
$1,765,817
1%
2020
$38,967
1%
$1,750,000
1%
2020
$38,608
8%
$1,728,000
7%
2018
$35,584
6%
$1,620,000
25%
2016
$33,720
-9%
$1,300,000
-14%
2017
$36,931
44%
$1,512,000
35%
2015
$25,624
15%
$1,116,000
19%
2014
$22,275
5%
$936,000
8%
2013
$21,282
—
$864,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3707 Cedar St
3707 Cedar Street, Austin, TX 78705 (MLS# 8292949) is a Apartment property. 3707 Cedar Street is currently listed for $2,350,000 and was received on May 22, 2026. Want to learn more about 3707 Cedar Street? Do you have questions about finding other Apartment real estate for sale in Central Austin? You can browse all Central Austin real estate or contact a Coldwell Banker agent to request more information.

