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Active
    • Price cut: $30K (7/15)
    $169,000

    1400 Vargas Rd, Austin, TX 78741

    3beds
    884sqft
    : 
    $1,244/mo
    Get pre-qualified
    Single Family Residence
    Built in 1947
    7,030 Square Feet Lot
    $-- Zestimate®
    $191/sqft
    $-- HOA

    What's special

    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.
    113 days
    |
    1,031
    |
    43
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathy Almaraz (512) 766-8071,

    Keller Williams Realty (512) 448-4111

    Source: Unlock MLS,MLS#: 8770365MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 3
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Gas Oven
      Features
      • See Remarks
      • Flooring: Linoleum
      • Windows: Wood Frames
      Interior area
      • Total interior livable area: 884 sqft

      Property

      Parking
      • Parking features: Driveway
      Accessibility
      • Accessibility features: Accessible Approach with Ramp
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch
      • Exterior features: Private Entrance, Private Yard
      • Pool features: None
      • Fencing: Chain Link
      • Has view: Yes
      • View description: None
      • Waterfront features: None
      Lot
      • Size: 7,030 Square Feet
      • Features: Back Yard, City Lot, Front Yard, Interior Lot, Near Public Transit, Trees-Medium (20 Ft - 40 Ft)
      Details
      • Additional structures: None
      • Parcel number: 03081602060000
      • Special conditions: Estate

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Pillar/Post/Pier
      • Roof: Composition
      Condition
      • See Remarks
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: See Remarks, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

      Community & HOA

      Community
      • Features: Curbs, Underground Utilities
      • Subdivision: Chernosky 15
      HOA
      • Has HOA: No
      Location
      • Region: Austin

      Financial & listing details

      • Price per square foot: $191/sqft
      • Tax assessed value: $227,101
      • Annual tax amount: $4,647
      • Date on market: 4/8/2026
      • Listing terms: Cash
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/15/2026Price change$169,000-15.1%$191/sqft
        Source: Unlock MLS #8770365 Report a problem
        5/23/2026Price change$199,000-9.1%$225/sqft
        Source: Unlock MLS #8770365 Report a problem
        5/7/2026Price change$219,000-12%$248/sqft
        Source: Unlock MLS #8770365 Report a problem
        4/8/2026Listed for sale$249,000$282/sqft
        Source: Unlock MLS #8770365 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,648 $227,101 -34.6%
        2024-- $347,514 -9.9%
        2023$6,976 -8.4%$385,589
        2022$7,615 $385,589 +83.2%
        2021-- $210,492 +130.9%
        2020-- $91,168 -47.2%
        2019-- $172,664 +129.2%
        2018-- $75,345 +10%
        2017-- $68,495 +10%
        2016$46 $62,268 +10%
        2015$46 $56,607 +10%
        2014$46 $51,461 +10%
        2013-- $46,783
        2012-- $46,783
        2011-- $46,783
        2010-- $46,783 -21.5%
        2009-- $59,580 +6.5%
        2008-- $55,946 +10%
        2007-- $50,860 +10%
        2006-- $46,236 +2.8%
        2005-- $44,992 +11.8%
        2002$0 $40,228
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Montopolis

        Getting around

        49 / 100
        Car-Dependent
        48 / 100
        Some Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Allison
        • Middle: Martin
        • High: Eastside Early College
        • District: Austin ISD

        Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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