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Incredible investment opportunity in one of Austin's fastest-growing corridors. Positioned on a 0.1538-acre lot zoned SF-3, 800 Vargas Rd offers outstanding flexibility for redevelopment"”whether your vision includes an A&B unit setup, a modern duplex, or a single-family residence with an ADU (subject to city approval). The existing structures are most likely a tear-down, providing a clean canvas for builders and investors ready to capitalize on the area's momentum. Recent new construction nearby is highlighting the strong potential for future returns. Without HOA restrictions, owners can design and build with fewer limitations, tailoring the project to meet market demand or rental goals. The location combines urban convenience and outdoor appeal"”just minutes to Downtown Austin, Lady Bird Lake, and the extensive greenbelt and trail system at Roy G. Guerrero Park. Quick access to Highway 183, I-35, and Austin-Bergstrom International Airport keeps everything within easy reach. Directly across the street, 803 Vargas Rd is also available, offering an additional SF-3 zoned lot. Together, these two properties create a rare chance to control facing parcels with potential for up to four total units (buyer to verify city building regulations, tax rate and school information).
LAST UPDATED | 10/15/2025 | TRACT | Chernosky 15 |
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YEAR BUILT | 1964 | COMMUNITY | Chernosky 15 |
COUNTY | Travis | STATUS | Active |
PROPERTY TYPE(S) | Single Family |
Elementary School | Allison |
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Jr. High School | Martin |
High School | Eastside Early College |
ADDITIONAL DETAILS | |
AIR | Central Air, Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Built-In Gas Range |
AREA | 9 |
CONSTRUCTION | See Remarks |
HEAT | Forced Air |
INTERIOR | See Remarks |
LOT | 6543 sq ft |
LOT DESCRIPTION | Back Yard, Level, Open Lot |
PARKING | Carport, Driveway |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
SUBDIVISION | Chernosky 15 |
TAXES | 3832 |
UTILITIES | Electricity Connected, Water Connected |
VIEW DESCRIPTION | None |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Crystal Robaina, Compass RE Texas, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 10/15/25 12:28 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.