
$169,000
Active97d on market1400 Vargas RD, Austin, TX, 78741
Chernosky 15
$191/sq ft — 44% below Austin's price per sq ft
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
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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
Location
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$33,800
This is an estimate, not a loan offer or pre-approval. Your actual rate, insurance, and payment will depend on your lender and credit.
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.
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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