CONTINGENT

Contingent

$169,000

Est. $1,390/mo —

•

884

sq ft

1400 Vargas Rd, Austin, TX 78741

About this home

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.

Single-familyProperty Type

1947Year Built

7,030 sq ftLot Size

$191Price/Sq.Ft.

3 spacesParking

Listed by Criselda Almaraz • Keller Williams Realty

Contact: (512) 766-8071

Listing updated: Sep 13, 2026 at 03:51pm

Redfin checked: 3 minutes ago

•Source:Unlock MLS #8770365

Payment calculator

$1,390 per month

Principal and interest$922

Property taxes

$387

HOA dues

Home insurance

$80

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

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6,738 sq ft lot • 3 parking spots • Built 1940

Around this home

Schools

K - 12
Preschool & daycare

Allison Elementary School

Public PreK-6 • Assigned • 0.7mi

2/10

Eastside Memorial High School

Public 9-12 • Assigned • 2.9mi

2/10

Provided by GreatSchools

About

Montopolis

Montopolis, located between Lady Bird Lake and Austin-Bergstrom International Airport, is a riverside and industrial-edge Austin neighborhood with a working waterfront and a street-grid of mid-century homes. The neighborhood’s character concentrates around Montopolis Drive at Riverside Drive, where taquerias, corner markets, and auto shops share the curb with murals and bus stops. Montopolis Bridge frames big-sky views over the Colorado River and a steady flow of cyclists and walkers. Montopolis Recreation and Community Center anchors daily routines with courts, fields, and community rooms. The Montopolis Neighborhood Center adds a civic pulse, while nearby Roy G. Guerrero Colorado River Metro Park stretches the landscape into trails and sports fields.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Interior features
Wood frame windows
Accessible approach with ramp
See remarks

Bedrooms
Three main-level bedrooms

Bathrooms
One full bathroom

Kitchen
Gas oven

Laundry & utility
Dedicated laundry room

Flooring
Linoleum

Heating & cooling
Natural gas heating
Central air conditioning

Sale and tax history for 1400 Vargas Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2026

$5,057 (+8.8%)

$162,878 + $84,227

$247,105

2025

$4,648 (−32.5%)

$162,363 + $64,738

$227,101

2024

$6,887 (−1.3%)

$250,000 + $97,514

$347,514

2023

$6,976 (−8.4%)

$300,000 + $85,589

$385,589

2022

$7,615 (+66.2%)

$300,000 + $85,589

$385,589

2021

$4,582 (+125.7%)

$100,000 + $110,492

$210,492

2020

$2,030 (+14.2%)

2019

$1,778 (+6.6%)

2018

$1,668 (+9.2%)

2017

$1,527 (+10.0%)

2016

$1,388 (+13.4%)

2014

$1,224 (+6.2%)

2013

$1,152 (+1.8%)

2012

$1,132 (+4.4%)

$30,000 + $16,783

$46,783

2011

$1,084 (−17.5%)

2010

$1,315

2009

$1,315

Public record

Public record
Zoning
Permits

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

7,031 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

884

Unfinished Sq. Ft.

—

Total Sq. Ft.

884

Year built

1947

Style

Single Family Residential

County

Travis County

APN

289421

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 22, 2026.

SF-3

AIRPORT

Family Residence District

Family residence (SF-3) district is the designation for a moderate density single-family residential use and a duplex use on a lot that is a minimum of 5,750 sq ft. An SF-3 district designation may be applied to a use in an existing single-family neighborhood with moderate sized lots or to new development of family housing on lots that are 5,750 sq ft or more. A duplex use that is designated as an SF-3 district is subject to development standards that maintain single-family neighborhood characteristics.

Zone overlays

Airport Overlay Zones

Permitted uses

Include but are not limited to:

Agriculture-Other
Assembly/ meeting place
Garden center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Educational/school
Communications tower

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 109° expected this year, 22 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Austin, TX • 78741

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

80/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.1 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1400 Vargas Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently listed between $165,000 and $375,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $165K to $375K.

SOLD OCT 1, 2026
$299,000 Last sold price
3 beds2 baths1,186 sq ft
7100 Villita Avenida St, Austin, TX 78741
$61/sq ft
smaller lot
61 years newer
SOLD MAR 31, 2026
$260,000 Last sold price
2 beds1 bath760 sq ft
6106 Felix Ave, Austin, TX 78741
$151/sq ft
smaller lot
SOLD MAR 31, 2026
$165,000 Last sold price
2 beds1.5 baths962 sq ft
6208 Carnation Ter, Austin, TX 78741
$19/sq ft
23 years newer
SOLD MAY 19, 2026
$245,000 Last sold price
6 beds2 baths1,220 sq ft
7128 Outfitter Dr, Austin, TX 78744
$10/sq ft
smaller lot
64 years newer
SOLD MAY 22, 2026
$279,000 Last sold price
2 beds1 bath851 sq ft
6213 Felix Ave Unit B, Austin, TX 78741
$137/sq ft
smaller lot
69 years newer
BOUGHT WITH REDFIN APR 14, 2026
$375,000 Last sold price
3 beds2 baths1,148 sq ft
6109 Club Ter, Austin, TX 78741
$136/sq ft
larger lot
63 years newer

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Details provided by Unlock MLS and may not match the public record. Learn more.

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