1400 Vargas RD Austin TX 78741 MLS #8770365

MLS #8770365 image #0
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.
Current real estate data for Single Family in Austin as of May 01, 2026
3,875
Single Family Listed
81
Avg DOM
397
Avg $ / SqFt
$1,066,383
Avg List Price
Listing Provided Courtesy of Keller Williams Realty

Property Details

Price:
$249,000
MLS #:
8770365
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Chernosky 15
Listed Date:
Apr 8, 2026
Finished Sq Ft:
884
Lot Size:
7,031 sqft / 0.16 acres (approx)
Year Built:
1947
Chernosky 15Austin IsdAllisonMartinEastside Early CollegeNone

Schools

School District:
Austin ISD
Elementary School:
Allison
Middle School:
Martin
High School:
Eastside Early College

Interior

Appliances
Gas Oven
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Linoleum
Heating
Natural Gas
Interior Features
See Remarks
Levels
One
Main Level Bedrooms
3

Exterior

Accessibility Features
Accessible Approach with Ramp
Community Features
Curbs, Underground Utilities
Direction Faces
East
Exterior Features
Private Entrance, Private Yard
Fencing
Chain Link
Lot Features
Back Yard, City Lot, Front Yard, Interior Lot, Near Public Transit, Trees-Medium (20 Ft – 40 Ft)
Other Structures
None
Parking Features
Driveway
Patio And Porch Features
Front Porch
Roof
Composition
View
None
Waterfront Features
None
Window Features
Wood Frames

Financial

Taxes
$4,648

Map

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Property Summary

    Located in the Chernosky 15 subdivision, 1400 Vargas RD Austin TX is a Single Family for sale in Austin, TX, 78741. It is listed for $249,000 and features 3 beds, 1 baths, and has approximately 884 square feet of living space, and was originally constructed in 1947. The current price per square foot is $282. The average price per square foot for Single Family listings in Austin is $397. The average listing price for Single Family in Austin is $1,066,383. To schedule a showing of MLS#8770365 at 1400 Vargas RD in Austin, TX, contact your Compass RE Texas, LLC agent at 5126982822.

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