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$245,000
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Property Description
Prime investor opportunity in 78741. This 0.1538-acre lot is ideal for a tear-down and new construction, perfect for an A&B build or a single-family home. Recent nearby new builds are selling at $750k+, offering strong potential returns. The existing 774 sq. ft. home also provides an option for renovation. No HOA, giving added flexibility for your project. Located in Southeast Austin with quick access to major highways, Downtown, Lady Bird Lake, and scenic trails, offering a great blend of convenience and outdoor living.
Full Property Details
Full Property Details for 908 Vargas Rd
General
- Price: $245,000
- Taxes: $4,619 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 7610364
- Updated: 1/9/2026
- Added to Site: 113 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Main Level Primary, Tile Counters
- Fireplace(s): None
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Inside, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: None
- Spa Description: None
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Deck
Parking
- Total Spaces: 2
- Parking Features: Outside
Location
- Area: 9
- County: Travis
- Subdivision: CHERNOSKY NO 15
- Driving Directions: Head east on E 5th st towards Brazos St, Turn left on brazos and then right onto E 7th street. Using the right 2 lanes, take the ramp to US-183 N, continue onto 183 S, Use the right lane to turn slightly right to stay on 183 S, Turn right onto Vargas Road
- 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
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Vertical Siding
- Roof: Composition
- Windows: None
- Stories/Levels: 1
- Square Feet: 774
- Sq. Ft. Source: Public Records
- Living Area: 774 Sq. Ft.
- Year Built: 1949
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.1538
- Lot Size (Sq. Ft.): 6,699.53
- Fence: Yes
- Lot Features: Level, Open Lot
- Fencing (Description): Chain Link, Wood
Financial Considerations
- Assessment Amount: $233,065
- Tax Amount: $4,619
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 4 BLK 4 CHERNOSKY NO 15
- Disclosures/Reports: Lead Based Paint Disclosure, Seller Disclosure
- Property ID: 3061804040000
- Block: 4
- Lot Number: 4
Listed by Keller Williams Realty
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Schools
Schools serving 908 Vargas Rd
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Allison Elementary School 515 Vargas Road, Austin, TX 78741 | K-5 | 0.3 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 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 908 Vargas Rd
Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$245,000
-5.77%
MLS
10/23/2025
Price Reduced
$260,000
-7.14%
MLS
9/25/2025
Listed
$280,000
—
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 908 Vargas Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,190
—
$233,065
-25%
2024
$6,190
-23%
$312,317
-25%
2022
$8,077
—
$417,371
2%
2022
$8,077
54%
$408,986
70%
2021
$5,239
21%
$240,697
24%
2020
$4,328
4%
$194,380
—
2020
$4,169
3%
$194,380
6%
2018
$4,034
48%
$183,632
3%
2016
$2,725
-31%
$178,260
46%
2017
$3,975
72%
$122,183
21%
2015
$2,317
61%
$100,911
67%
2014
$1,439
-3%
$60,469
13%
2014
$1,489
—
$53,438
—
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 908 Vargas Rd
908 Vargas Road, Austin, TX 78741 (MLS# 7610364) is a Single Family property with 2 bedrooms and 1 full bathroom. 908 Vargas Road is currently listed for $245,000 and was received on September 25, 2025. Want to learn more about 908 Vargas Road? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

