1400 Vargas Rd

Austin, TX 78741

About this property

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.

About this property

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 and Additional Information

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$169,000 Active
3 Bed(s)
1
Bath
884 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
Keller Williams Realty
1-512-448-4111
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Area Information

9 | Travis County | Chernosky 15

$ 169,000
This listing is play_arrow 98.5% higher than the average in the area
$ 85,125 in the area
884 SqFt
This listing is play_arrow 33.4% larger than the average in the area
663 SqFt in the area
$ 191 $/SqFt
This listing is play_arrow 97.1% more than the average in the area
$ 97 $/SqFt in the area
141 days on site
This listing is play_arrow 55.8% above the average in the area
91 days on site in the area

Schools in the Area

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    Elementary School
    Allison
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    Middle School
    Martin
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    High School
    Eastside Early College

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Listed By Kathy Almaraz
Brokerage: Keller Williams Realty

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