SHAPIROGROUP
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.
Bedrooms
3
Bathrooms
1
Square Feet
884
Lot Size
0.1614 acres
Year Built
1947
Stories
1
Tax Assessed
$227,101 (2025)
Property Tax
$4,647.59/yr (2025)
Type
Single Family
Status
Active
Shapiro Group
Last checked 1h ago.
As assigned by the MLS listing; verify with the district.
1400 Vargas Rd
Austin, TX 78741
Loan Term
Est. Monthly Payment
$1,284
Property tax is the county's 2025 bill of $4,648, not an estimate.
Estimates based on 6.5% rate. Actual payments may vary.
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