Active · MLS# 8770365

1400 Vargas Rd

Austin, TX, 78741

$169,000

3 Beds · 1 Baths · 884 SF · $191/SF

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.

Property Details

Property type

Single Family Residence

Living area

884 sq ft

Bedrooms

3

Bathrooms

1 full

Year built

1947

Lot size

0.1614 acres

Subdivision

Chernosky 15

County

Travis

Annual taxes

$4,648

Schools

Elementary

Allison

Middle

Martin

High

Eastside Early College

Features

Interior

See Remarks

Exterior

Private Entrance · Private Yard

Flooring

Linoleum

Heating

Natural Gas

Cooling

Central Air

Views

None

Listing courtesy of Kathy Almaraz, Keller Williams Realty. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.