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Street View
Days733Days on Market
Views1view

$235,000

1107 Vargas Rd, Austin, TX, 78741

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths782 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$300.51 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free-Standing Electric Range, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size6,782 sqft

Building Information

Year Built1927
Stories1
Roof Type105
Garage Spaces2

Land Information

APN03071707220000
Lot Number4
SubdivisionChernosky No 15
Land UseResidential
Legal DescriptionLOT 4 BLK 5 CHERNOSKY NO 15
Census Tract002321
Assessed Land Value$159,388
Assessed Improvement Value$86,853
Assessment Year2025

About this property

Prime location just minutes from Downtown Austin! This move-in-ready home has been a successful Airbnb and has been exceptionally well maintained, making it an outstanding opportunity for both investors and owner-occupants. Situated on an expansive, nearly 7,000-square-foot lot, the property offers tremendous potential to add an ADU or B unit for additional rental income. A long driveway extends to the rear of the property, providing ideal access for future development. Whether you’re looking to continue operating a short-term rental, build your investment portfolio, or create a multi-generational living setup, this property offers endless possibilities in one of Austin’s most desirable locations. Buyer to independently verify all information and perform their own due diligence regarding future development and ADU potential.

Investor Tools

Property Icon
$246,241
Estimated Property Value
$160,000Estimated Mortgage Balance
$112,589Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,477 /month
Positive
Cash Flow Estimate:
$492 /month

Interested in this property?

Brian Copland

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,096
$246,241
2025
$159,388
$86,853
$246,241
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,096
$246,241

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$160,000
No
First
May 10, 2018
Jun 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,286
$125,714
48%
55%
$960/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1107 Vargas Rd | Property Details | No Agent List