1108 Vasquez ST, Austin TX 78741
Austin, TX 78741 · Chernosky 16
Single Family Residence for sale in Chernosky 16
Overview
Property Description
Seller Financing Available! Purchase price of $375,000 with 20% down and an 8% interest rate, offering a flexible financing option for investors. Located in the heart of East Austin, 1108 Vasquez St presents an excellent investment opportunity in one of Austin's fastest-growing neighborhoods. The property has been substantially remodeled and improved in recent years, providing updated living spaces while still offering value-add potential. While many upgrades have been completed, some items may still require attention or repairs, including portions of the flooring and other cosmetic improvements. Currently tenant-occupied and generating rental income of $2,300 per month, with a lease in place through 2027. The tenant may consider vacating prior to lease expiration if purchased by an owner-occupant. Situated on a functional lot, the property may offer potential for a two-unit development (buyer to independently verify), making it attractive as both a cash-flowing rental and a long-term land investment. The property also features a remodeled detached shed in the backyard, providing flexible space ideal for a home office, studio, workshop, gym, or creative workspace. Conveniently located near Downtown Austin, Austin-Bergstrom International Airport, major highways, restaurants, entertainment, and the vibrant East Austin arts and dining scene. Whether you're looking for immediate rental income, seller financing, future development potential, or a strategic land hold in a rapidly appreciating area, 1108 Vasquez St offers versatility and opportunity. Listing photos were taken prior to tenant occupancy. Some photos may have been virtually staged and digitally enhanced to illustrate the property's potential. Only 2 Friday per month available for showings.
Financial Info
- Price
- $330,000
- $ / Sqft
- $258
- HOA
- None
- Tax Rate
- 1.8%
- Est. Taxes
- $5,766
- Tax Year
- 2024
- Exemptions
- None
Legal Info
- Address
- 1108 Vasquez ST
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78741
- Subdivision
- Chernosky 16
- Legal Description
- LOT 13 BLK 9 CHERNOSKY NO 16
- Parcel
- 03071708050000
Interior Features
- Floor
- Tile, Vinyl
- Num Living
- 1
- Dining
- 1
- Appliances
- Dishwasher, Electric Range
- Laundry
- In Hall
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- Ceiling Fan(s), Quartz Counters, No Interior Steps, Open Floorplan, Primary Bedroom on Main, None, Blinds
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1952 / Resale
- Square Feet
- 1,280 / Public Records
- Garage Desc
- Driveway, Enclosed
- Foundation
- Pillar/Post/Pier
- Roof
- Shingle
- Construction
- Vinyl Siding
- Acres
- 0.14
- Lot Description
- Back Yard, Level
- Restrictions
- None
- Flood Plain
- No
- View
- None
- Water Access
- No
- Waterfront
- No
- Area
- 9
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Available, Water Available
- Heat
- Central
- A C
- Ceiling Fan(s), Central Air
Exterior Features
- Fence
- Back Yard, Chain Link, Front Yard, Full, Gate
- Exterior Features
- Exterior Steps, Front Porch
- Pool On Property
- No
- Area Amenities
- None
Rooms
Main level
- Kitchen
Quartz Counters
- Primary Bedroom
Full Bath
- Primary Bathroom
Full Bath
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jun 2, 2026 | Price Decrease | $330,000−$9,999 (−2.9%) | −$9,999 (−2.9%) |
| Nov 6, 2025 | Price Decrease | $339,999−$1 (−0%) | −$1 (−0%) |
| Aug 11, 2025 | Back On Market | — | |
| Jul 31, 2025 | Hold | — | |
| Jul 31, 2025 | Back On Market | — | |
| May 27, 2025 | Hold | — | |
| May 12, 2025 | Price Decrease | $340,000−$10,000 (−2.9%) | −$10,000 (−2.9%) |
| Apr 8, 2025 | Price Decrease | $350,000−$20,000 (−5.4%) | −$20,000 (−5.4%) |
| Mar 12, 2025 | Price Decrease | $370,000−$15,000 (−3.9%) | −$15,000 (−3.9%) |
| Feb 26, 2025 | New Listing | — |
Taxes
TCAD account 288339
Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.
| Taxing Entity | Rate per $100 | Taxable Value | Estimated Tax |
|---|---|---|---|
| AUSTIN COMM COLL DIST | 0.103400 | $305,629 | $316.02 |
| AUSTIN ISD | 0.925200 | $305,629 | $2,827.68 |
| CITY OF AUSTIN | 0.524017 | $305,629 | $1,601.55 |
| TRAVIS COUNTY | 0.375845 | $305,629 | $1,148.69 |
| TRAVIS COUNTY HEALTHCARE DISTRICT | 0.118023 | $305,629 | $360.71 |
| Ordinary property tax estimate | 2.046485 | $6,254.65 |
Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.
Source: Travis County
- Owner
- ALFER INVESTMENTS LLC
- Legal
- LOT 13 BLK 9 CHERNOSKY NO 16
- Geo ID
- prop:288339
- Acreage
- 0.14
- Exemption Type
- None on record
- MLS estimated annual taxes
- $5,766
- MLS tax year
- 2024
Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.
| Year | Appraised Value | Combined Rate per $100 | Annual Taxes Billed |
|---|---|---|---|
| 2025 | $239,614 | 2.046485 | $4,903.67 |
| 2024 | — | 1.981814 | $6,238.02 |
| 2023 | — | 1.809247 | $6,858.83 |
| 2022 | — | 1.974923 | $8,318.80 |
| 2021 | — | 2.176679 | $5,582.80 |
| 2020 | — | 2.226665 | $2,121.16 |
Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.
Source: Travis County
Schools
School Info
- District
- Austin ISD
- Elementary
- Allison
- Middle
- Martin
- High
- Eastside Early College
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$2,425 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $2,425
- Principal & interest
- $1,669
- Property taxes
- $481
- Homeowners insurance
- $275
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $264,000 | $2,951 | $17,073 | $261,049 | |
| 2 | $261,049 | $3,148 | $16,875 | $257,901 | |
| 3 | $257,901 | $3,359 | $16,665 | $254,542 | |
| 4 | $254,542 | $3,584 | $16,440 | $250,957 | |
| 5 | $250,957 | $3,824 | $16,200 | $247,133 | |
| 6 | $247,133 | $4,080 | $15,944 | $243,053 | |
| 7 | $243,053 | $4,354 | $15,670 | $238,699 | |
| 8 | $238,699 | $4,645 | $15,379 | $234,054 | |
| 9 | $234,054 | $4,956 | $15,068 | $229,097 | |
| 10 | $229,097 | $5,288 | $14,736 | $223,809 |
- Year 1$261,049
- Principal paid
- $2,951
- Interest paid
- $17,073
- Starting balance
- $264,000
- Year 2$257,901
- Principal paid
- $3,148
- Interest paid
- $16,875
- Starting balance
- $261,049
- Year 3$254,542
- Principal paid
- $3,359
- Interest paid
- $16,665
- Starting balance
- $257,901
- Year 4$250,957
- Principal paid
- $3,584
- Interest paid
- $16,440
- Starting balance
- $254,542
- Year 5$247,133
- Principal paid
- $3,824
- Interest paid
- $16,200
- Starting balance
- $250,957
- Year 6$243,053
- Principal paid
- $4,080
- Interest paid
- $15,944
- Starting balance
- $247,133
- Year 7$238,699
- Principal paid
- $4,354
- Interest paid
- $15,670
- Starting balance
- $243,053
- Year 8$234,054
- Principal paid
- $4,645
- Interest paid
- $15,379
- Starting balance
- $238,699
- Year 9$229,097
- Principal paid
- $4,956
- Interest paid
- $15,068
- Starting balance
- $234,054
- Year 10$223,809
- Principal paid
- $5,288
- Interest paid
- $14,736
- Starting balance
- $229,097
Nearby
12 closest listings to 1108 Vasquez ST, Austin TX 78741 (within 2 miles).
Courtesy of JPAR Round Rock · (800) 683-5651
Listings courtesy of ACTRIS as distributed by MLS GRID.