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.
Features of 1400 Vargas Rd
MLS® #
8770365
Price
$169,000
Bedrooms
3
Bathrooms
1.00
Full Baths
1
Square Footage
884
Acres
0.16
Year Built
1947
Type
Residential
Sub-Type
Single Family Residence
Status
Active Under Contract
Has Pool
No
Water Feature/View
View
None
Is Waterfront
No
Community Information: Austin
Address
1400 Vargas Rd
Area
9
Subdivision
Chernosky 15
City
Austin
County
Travis
State
TX
Zip Code
78741
Amenities of 1400 Vargas Rd
Utilities
Electricity Available, Natural Gas Available, See Remarks, Sewer Available, Underground Utilities, Water Available
Features
Curbs
Parking
Driveway
Interior of 1400 Vargas Rd
Interior
Linoleum
Appliances
Gas Oven
Heating
Natural Gas
Fireplace
No
# of Stories
1
Stories
One
Exterior of 1400 Vargas Rd
Exterior Features
Private Entrance, Private Yard
Lot Description
Back Yard, City Lot, Front Yard, Interior Lot, Near Public Transit, Trees Medium Size
Roof
Composition
Construction
Wood Siding
Foundation
Pillar/Post/Pier
School Information
District
Austin ISD
Elementary
Allison
Middle
Martin
High
Eastside Early College
Additional Information On 1400 Vargas Rd
Days on Market
165
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Status Changed from Active to Active Under Contract
Price Reduced from $199,000 to $169,000
Price Reduced from $219,000 to $199,000
Price Reduced from $249,000 to $219,000
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Keller Williams Realty(512) 766-8071. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 20th, 2026 at 1:16pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
