




$783,000
NAL Estimated Property Value1214 Vargas Rd, Austin, TX, 78741
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About this property
Incredible Investment Opportunity in East Austin! Welcome to 1214 Vargas Rd—a lightly updated duplex offering two spacious 3-bedroom, 2-bath units, each with a private entrance, one-car garage, and oversized fenced backyard. Both sides feature vaulted ceilings, vinyl plank floors, granite counters, modern tilework in the bathrooms, stainless steel appliances, fresh paint, and open-concept living areas filled with natural light. Each unit is move-in ready with room for future upgrades, making it ideal for house hacking or generating rental income from both sides. Located just 5 miles from Downtown Austin and just over 4 miles to Austin-Bergstrom Airport, this property sits in the heart of the East Riverside Corridor—one of the city’s fastest-growing and most heavily redeveloped areas. You're walking distance to the beautiful Riverside Golf Course, multiple bus stops, Roy G. Guerrero Park, hike-and-bike trails, and Lady Bird Lake. Residents enjoy a quick commute to Oracle’s HQ, new mixed-use communities, restaurants, bars, and waterfront parks that are transforming East Riverside into one of Austin’s premier urban hubs. With easy access to downtown via Riverside Dr or I-35, this duplex offers unbeatable connectivity without sacrificing neighborhood charm. Whether you're an investor seeking strong returns or a buyer looking to live in one unit and lease the other, 1214 Vargas Rd delivers flexibility, location, and long-term upside. This listing is for side B only.
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Learn About the Market: Opportunity in Austin




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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.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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