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$249,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1400 Vargas Rd
General
- Price: $249,000
- Taxes: $4,647 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 8770365
- Updated: Today (4/8/2026)
- Added to Site: Today
Interior
- Interior Features: See Remarks
- Appliances: Gas Oven
- Flooring: Linoleum
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Curbs
- Security/Safety: None
Exterior
- Exterior Features: Private Entrance, Private Yard
- Porch/Patio/Deck: Front Porch
Parking
- Total Spaces: 3
- Parking Features: Driveway
Location
- Area: 9
- County: Travis
- Subdivision: Chernosky 15
- Driving Directions: From E. Riverside tun onto Vargas Road and go a couple of blocks. House will be on the left.
- Direction Faces: East
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Allison
- Middle School: Martin
- High School: Eastside Early College
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, See Remarks, Water Available, Underground Utilities
Structural Information
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Composition
- Windows: Wood Frames
- Stories/Levels: 1
- Square Feet: 884
- Sq. Ft. Source: Public Records
- Living Area: 884 Sq. Ft.
- Year Built: 1947
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1614
- Lot Size (Sq. Ft.): 7,030.58
- Fence: Yes
- Lot Features: Back Yard, City Lot, Front Yard, Interior Lot, Near Public Transit, Trees Medium Size
- Fencing (Description): Chain Link
Financial Considerations
- Assessment Amount: $227,101
- Tax Amount: $4,647.59
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: Estate
- Legal Description: LOT 6 BLK 7 CHERNOSKY NO 15
- Disclosures/Reports: Lead Based Paint Disclosure
- Property ID: 3081602060000
- Block: 7
- Lot Number: 6
Listed by Keller Williams Realty
Get Pre-Approved Today
Schools
Schools serving 1400 Vargas Rd
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Allison Elementary School 515 Vargas Road, Austin, TX 78741 | K-5 | 0.7 mi |
Martin Middle School, Austin, TX 1601 Haskell Street, Austin, TX 78702 | 6-8 | 2.5 mi |
Eastside Memorial High School 900 Thompson Street, Austin, TX 78702 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1400 Vargas Rd
Date
Details
Price
Change
Source
4/08/2026
Listed
$249,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1400 Vargas Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$227,101
-35%
2024
-100%
$347,514
-10%
2022
$7,615
66%
$385,589
83%
2021
$4,582
126%
$210,492
131%
2020
$2,030
4%
$91,168
10%
2020
$1,955
18%
$82,880
10%
2018
$1,655
19%
$75,345
10%
2016
$1,389
-9%
$68,495
10%
2017
$1,528
18%
$62,268
10%
2015
$1,300
13%
$56,607
10%
2013
$1,152
-9%
$51,461
10%
2014
$1,268
—
$46,783
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1400 Vargas Rd
1400 Vargas Road, Austin, TX 78741 (MLS# 8770365) is a Single Family property with 3 bedrooms and 1 full bathroom. 1400 Vargas Road is currently listed for $249,000 and was received on April 08, 2026. Want to learn more about 1400 Vargas Road? Do you have questions about finding other Single Family real estate for sale in Southeast Austin? You can browse all Southeast Austin real estate or contact a Coldwell Banker agent to request more information.

