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 Austins 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 lots 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 Austins fastest-growing neighborhoods. Dont miss this chance to capitalize on a rare opportunity in a booming area.
Listed By
Agency Name: Keller Williams Realty
Agency Contact: (512) 766-8071
Shown By
Agency Title: Realty Capital City
Agency Phone: 512-744-4600
Estimated Payment
$ 888.18 per month $442.89 Principal & Interest $387.25 Property Tax $58.04 Homeowner's Insurance
1400 Vargas Rd | MLS# 8770365
This single family home located at 1400 Vargas Rd, Austin, TX 78741 is currently listed for sale with an asking price of $199,000. This property was built in 1947 and has 3 bedrooms and 1 full baths with 884 sq. ft. Vargas Rd is located in the Chernosky 15 subdivision within the Austin ISD school district. Search Chernosky 15 real estate on www.rmcapitalcity.com today.