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$340,000

917 Vargas RD B, Austin, TX, 78741

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,031 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$329.78 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Energy Star Qualified Appliances, Energy Star Qualified Dishwasher, Energy Star Qualified Dryer, Energy Star Qualified Washer, Electric Range, Disposal, Microwave, Oven, Refrigerator, Washer
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony, Private Yard
Lot Size3,576 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces1

Land Information

APN03071722030000
Lot Number2
Subdivision917 Vargas Road Site Condominiums
Land UseResidential
Legal DescriptionUNT 2 917 VARGAS ROAD SITE CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract002321
Assessed Land Value$75,000
Assessed Improvement Value$347,907
Assessment Year2025

About this property

Contemporary 2-bedroom, 2-bath home in Montopolis neighborhood featuring modern design, abundant natural light, high ceilings and an open-concept living space. The kitchen offers granite countertops, ample cabinetry and Samsung stainless steel appliances. One bedroom is conveniently located on the main level, with a spacious second bedroom and bath upstairs. Enjoy two private rooftop decks offering exceptional outdoor living and entertaining space. Additional features include recessed lighting, ceiling fans, a walk-in shower and an attached one-car garage. A unique opportunity to enjoy modern living with generous indoor and outdoor space in a convenient Austin location.

Investor Tools

$308,972Estimated Mortgage Balance
$113,935Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,537 /month
Positive
Cash Flow Estimate:
$846 /month

Interested in this property?

Jared English

Congress Realty, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$814/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,649
$422,907
2025
$75,000
$347,907
$422,907
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,649
$422,907

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$349,200
No
First
Sep 24, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,972
$113,935
26%
73%
$2,094/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$2,094/mo
$-468/mo
4.6%

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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917 Vargas RD B | Property Details | No Agent List