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3BR/1BA home at 1400 Vargas RD, Austin, TX, 78741 — photo 1 of 14
1 / 14

$169,000

Active97d on market

1400 Vargas RD, Austin, TX, 78741

Chernosky 15

Reduced from $249,000

$191/sq ft — 44% below Austin's price per sq ft

Bedrooms3
Bathrooms1
Sq Ft884
Lot Size0.16 ac lot
Price / Sq Ft$191
TypeResidential
MLS#ACT8770365
Listed by Kathy Almaraz, Keller Williams Realty· MLS# ACT8770365

About this home

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

Interior

Heating

Natural Gas

Cooling

Central Air

Flooring

Linoleum

Laundry

Laundry Room

Interior Features

See Remarks

Windows

Wood Frames

Exterior & Construction

Year Built

1947

Direction Faces

East

Parking

Driveway

Fencing

Chain Link

Exterior Features

Private Entrance, Private Yard

Financial

Annual Taxes

$4,648

Tax Assessed Value

$227,101

Financing Accepted

Cash

Location

Subdivision

Chernosky 15

Elementary School

Allison

Middle School

Martin

High School

Eastside Early College

School District

Austin ISD

Community Features

Curbs, Underground Utilities

Legal Description

LOT 6 BLK 7 CHERNOSKY NO 15

Listing Info

Disclosures

Lead Base Paint Addendum

Property Condition

See Remarks

Ownership Type

Fee-Simple

Appliances

Gas Oven

Marc Low, REALTOR®

Marc Low, REALTOR®

Property Geek Group

Real Broker, LLC

Interested in this home? Marc can schedule a private showing, answer questions about the neighborhood, or run a quick comparison.

Marc Low represents buyers & sellers — not this listing.

Brokerage: Real Broker, LLC

2626 Cole Ave, Ste 300 · Dallas, TX 75204

Equal Housing Opportunity

Estimate Your Payment

$
%

$33,800

%
Est. monthly payment$1,445/mo

This is an estimate, not a loan offer or pre-approval. Your actual rate, insurance, and payment will depend on your lender and credit.

Principal & Interest$868
Property Tax$387

This reflects the property's current tax bill of $4,648. Taxes are often reassessed after a sale, and the seller's homestead exemption won't transfer to a new owner, so your actual bill may differ.

Homeowners Insurance$190

This is a general estimate, not an actual insurance quote. Your real premium will depend on the insurer, your coverage and deductible, and risk factors specific to the property — Texas rates vary widely for exactly this reason.

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