Active Listing  ·  210 days on market

3711 Cedar St

Austin, TX 78705
$1,199,000
4 Bed 4 Bath 2,515 sqft $477/sqft Built 2022 0.15 acres 2-Car Garage Pool Buddington

78705 offers unbeatable access to some of the city’s most iconic destinations. Just minutes from Hyde Park, The University of Texas (UT Austin), Downtown Austin, the Texas State Capitol, and South Congress (SoCo), this area blends historic charm with vibrant city energy. Offering 4 true bedrooms with a flexible option on the main level for a 5th bedroom or dedicated office, this home is designed to utilize every square foot. Each bedroom features its own bath, primary suite + dedicated office on main level, plus 3 bedrooms up and a 3rd living space, or loft gameroom space. This home offers flexibility like few others.

Surrounded by some of Austin’s favorite coffee shops, restaurants, and local hotspots, you’re never far from where you want to be. Enjoy nearby favorites like Quack’s Bakery, Flightpath Coffeehouse, Epoch Coffee, and easy access to dining along Guadalupe, Burnet Road, and South Congress. Five star grocery stores are also close by.

At $477/sqft, this home is priced 22% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3711 Cedar St, Austin, TX 78705

Property Details

Price $1,199,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 2,515 sqft
Lot Size 0.15 acres (6,446.88 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Buddington
County Travis
Zip Code 78705
$/sqft $477/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,310
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT213018911
List Date January 6, 2026
Elementary School Lee
Middle School Kealing
High School McCallum
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · January 6, 2026 $1,330,000
Previous ask $1,249,000
Current ask $1,199,000
Reduced $131,000 (-9.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
4806 Richmond Ave #1
Glenwood Square
$1,199,000 $414 4 bd / 5 ba 2,896 sqft , 2025-10-22
10133 Oliver Dr
Heissner
$1,199,000 $418 4 bd / 3 ba 2,870 sqft , 2026-05-05
1306 Navasota St
Merz Addition
$1,199,000 $433 4 bd / 5 ba 2,770 sqft , 2026-05-21
1706 Windoak Dr
South Gate Terrace Sec 01
$1,199,000 $373 5 bd / 4 ba 3,217 sqft , 2026-07-03
3510 Tom Miller St #1
Mueller Sec 11 Sub
$1,199,900 $574 3 bd / 3 ba 2,090 sqft , 2026-06-19

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$5,755/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$239,800
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$5,755
Principal + Interest−$6,543
Property Tax (~2.1% TX avg)−$2,098
Insurance (~0.5%)−$500
Est. Monthly Cash Flow $-3,386

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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