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SALE PENDING
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$169,000

Reduced $80K

1400 Vargas RD, Austin, TX 78741

Est. Mortgage $1,198/mo

3

beds

1

baths

884

sqft

0.16

acres

Single Family Residence
Built in 1947
0.16 Acre Lot
884 sqft
$191/sqft
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OVERVIEW

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.

Listings checked every few minutes. MLS# 8770365 was Last Updated: 09-13-2026.

Listed by Keller Williams Realty (512) 448-4111

Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's 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 deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the Montopolis neighborhood like?

Montopolis is a historic neighborhood in East Austin, Texas, located in Travis County within the 78741 zip code. The neighborhood is bounded by Lady Bird Lake on the north, Grove Street and the Pleasant Valley neighborhood on the west, Texas State Highway 71 on the south, and U.S. Route 183 on the east. The area's history predates the founding of Austin itself. Jesse Cornelius Tannehill established the original Montopolis townsite in 1839 on a 4,428-acre headright along the north bank of the Colorado River, platting 800 acres for a planned town. The Montopolis ford served as one of the main crossings of the Colorado River for the Chisholm Trail cattle drives from approximately 1867 to 1884. Indigenous peoples lived in and traveled through the area for thousands of years before European arrival, and El Camino Real de los Tejas, established by the Spanish along Native American trails, passed along the eastern edge of what is now the Montopolis neighborhood.

Explore Montopolis

What employers are near 1400 Vargas RD?

  • Tesla Gigafactory Texas (Automotive / Manufacturing)
  • Del Valle ISD (Education)
  • MetCenter (Industrial / Logistics)

How does this property compare to others in Montopolis?

1400 Vargas RD is listed at $169K vs. the $350K median in Montopolis. The neighborhood average is $267/sqft. Homes in Montopolis average 48 days on market.

MetricMontopolis
Median List Price$350K
Median Sold Price$335K
Average Days on Market48
Average Price per Sqft$267
Active Listings39

Market data as of September 2026.

Frequently Asked Questions

How much is 1400 Vargas RD?

1400 Vargas RD is listed for $169,000. It features 3 bedrooms, 1 bathroom, 884 square feet, 0.1614 acres. Built in 1947.

What neighborhood is 1400 Vargas RD in?

1400 Vargas RD is located in the Montopolis neighborhood of Austin, Texas.

How does 1400 Vargas RD compare to other homes in Montopolis?

The asking price of $169,000 is 51.7% lower than the median home price of $350K in Montopolis. At $191/sqft, it compares to the neighborhood average of $267/sqft.

What are the details of 1400 Vargas RD?

1400 Vargas RD was built in 1947, and sits on 0.1614 acres of land, and is a single family residence style home.