1400 Vargas RD — photo 1
Fixer-UpperEstimated by HomeLocating
1 / 14
$169,000

1400 Vargas RD, Austin TX 78741

3 bd·1 ba·884 sqft·$191/sqft

MLS #240801807 · Keller Williams Realty · Kathy Almaraz

Market insights

Compared with 138 active homes in ZIP 78741 · HomeLocating listings

Area median price
$320,000
This home vs. median
47% below
Homes with a price cut
16%

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1947
Full baths
1
Lot size
0.1614
Subdivision
Chernosky 15
MLS area
9
MLS #
240801807

Features

Interior features

  • See Remarks

Exterior features

  • Private Entrance
  • Private Yard

Additional details

Parking
Driveway
Garage spaces
0
Roof
Composition
Foundation
Pillar/Post/Pier
Annual tax
$4,647

Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Allison
Middle
Martin
High
Eastside Early College

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.

Location

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Listing courtesy of Keller Williams Realty · Kathy Almaraz

Listing data last updated Aug 1, 2026, 11:46 AM

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