Foreclosure
3D tour
$169,000
3 bd · 1 ba · 884 sqft · 7,031 sqft lot
1400 Vargas Rd, Austin, TX 78741
Single family · Built 1947 · $191/sqft ·
$1,246/mo est. payment
- Stories
- 1
Flood factor 1/10
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.
Facts and features
Bedrooms
- Bedrooms: 3
- Bedrooms On Main Level: 3
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Appliances
- Gas oven
- Laundry Features: Laundry Room
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Natural Gas
- Number of Fireplaces: 0
Interior Features
- Flooring: Linoleum
- Window Features: Wood Frames
Exterior and Lot Features
- Private entrance
- Private yard
- Fencing: Chain Link
- Patio And Porch Features: Front Porch
- Porch: Yes
Garage and Parking
- Covered Spaces: 0
- Parking Features: Driveway
- Parking Total: 3
Land Info
- Lot Description: Back Yard, City Lot, Front Yard, Interior Lot, Near Public Transit, Trees-Medium (20 Ft - 40 Ft)
- Lot Size Acres: 0.1614
- Lot Size Square Feet: 7031
Schools
- 3
Allison Elementary School
elementary · K-6 · 0.6 mi
- 1
Eastside Memorial High School
high · 9-12 · 2.9 mi
- 6
IDEA Montopolis College Preparatory
middle · 6-12 · 0.2 mi
City School
elementary · PK-8 · 2.4 mi
- 4
IDEA Montopolis Academy
elementary · K-5 · 0.2 mi
- 6
KIPP Paseo Primary
elementary · K-5 · 1.6 mi
Price history
- Jul 15, 2026 · Price Changed$169,000
- May 23, 2026 · Price Changed$199,000
- May 7, 2026 · Price Changed$219,000
- Apr 8, 2026 · Listed$249,000
Tax history
- 2026$5,056 tax · $247,105 assessed
- 2025$4,500 tax · $227,101 assessed
- 2023$6,976 tax · $385,589 assessed
- 2022$8,393 tax · $210,492 assessed
- 2021$4,686 tax · $91,168 assessed
- 2020$1,955 tax · $82,880 assessed
- 2019$1,820 tax · $75,345 assessed
- 2018$1,668 tax · $68,495 assessed
Home value
$167,000
- Collateral Analytics$167,000
- Cotality$153,100
- Quantarium$230,410
Where it is
Listed by Kathy Almaraz · Keller Williams Realty · UnlockMLS
