$249,000

1400 Vargas RD, Austin, TX 78741

3 beds |
1 bath |
884 sqft

Single-Family Home
Built in 1947
7,031sqft lot
—— car garage
$282/sqft
Listed 22 days ago

Property Description

Prime opportunity in the sought-after Riverside area, where this lot can have MULTIPLE STRUCTURES on it. it is just 8 minutes from the airport and under 15 minutes to Downtown Austin, hike and bike trails, and walking distance to IDEA Charter campus, and a Public Elementary School. Surrounded by East Austin’s vibrant eateries, with a mini-Domain area, a new 65,000 s.f. music venue, and approved light rail. The property is sold AS-IS, offering a full rehab and possible multifamily structure opportunity. Please note, the HOME IS INACCESSIBLE due to current property conditions. Lockbox is UNAVAILABLE, and buyers are advised to view through windows only. Buyers are strongly encouraged to conduct due diligence. While the existing structure needs significant repairs, the lot’s location ensures easy access to major highways and city amenities. This distressed property has DO NOT ENTER signs posted on the house. No Realtor FOR SALE SIGNS on property. Ideal for investors looking to redevelop in one of Austin’s fastest-growing neighborhoods. Don’t miss this chance to capitalize on a rare opportunity in a booming area.

Listing Status:: Active
Data Last Updated:: April 30, 2026 at 5:17PM
Listing Office:: Keller Williams Realty : (512) 448-4111
Listing Agent:: Kathy Almaraz : (512) 766-8071
MLS ID:: 8770365

General: See Remarks
Appliances: Gas Oven
Laundry: Laundry Room
Flooring: Linoleum
A/C: Central Air
Heating: Natural Gas
Fireplace: Fireplaces: 0
Eco/Green Feature: NoneNone

General: Private EntrancePrivate Yard
Other Structures: Front Porch
Pool: None
Parking: DrivewayParking spaces: 3

Roofing: Composition
Windows: Wood Frames
General: OnePillar/Post/Pier

HOA Amenities: CurbsUnderground Utilities
Originating MLS: actris
School District: Austin ISD
County: Travis

Zoning: LOT 6 BLK 7 CHERNOSKY NO 1503081602060000
View: None
Fencing: Chain Link

Utilities: See RemarksElectricity AvailableNatural Gas AvailableSewer AvailableUnderground UtilitiesWater Available
Water: Public
Sewer: Public Sewer

Source: actris

This listing courtesy of Kathy Almaraz , Keller Williams Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.