1400 Vargas RD, Austin TX 78741
Austin, TX 78741 · Chernosky 15
Single Family Residence for sale in Chernosky 15
Overview
Property Description
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.
Financial Info
- Price
- $169,000
- $ / Sqft
- $191
- HOA
- None
- Tax Rate
- 2.0465%
- Est. Taxes
- $4,648
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 1400 Vargas RD
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78741
- Subdivision
- Chernosky 15
- Legal Description
- LOT 6 BLK 7 CHERNOSKY NO 15
- Parcel
- 03081602060000
Interior Features
- Floor
- Linoleum
- Num Living
- 1
- Dining
- 1
- Appliances
- Gas Oven
- Laundry
- Laundry Room
- Master Main
- Yes
- Interior Features
- See Remarks, None, Wood Frames
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 1 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1947 / See Remarks
- Square Feet
- 884 / Public Records
- Garage Desc
- Driveway
- Foundation
- Pillar/Post/Pier
- Roof
- Composition
- Construction
- Wood Siding
- Acres
- 0.16
- Lot Description
- Back Yard, City Lot, Front Yard, Interior Lot, Near Public Transit, Trees-Medium (20 Ft - 40 Ft)
- Restrictions
- City Restrictions
- Flood Plain
- No
- View
- None
- Water Access
- No
- Waterfront
- No
- Area
- 9
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- See Remarks, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
- Heat
- Natural Gas
- A C
- Central Air
Exterior Features
- Fence
- Chain Link
- Exterior Features
- Private Entrance, Private Yard, Front Porch
- Pool On Property
- No
- Area Amenities
- Curbs, Underground Utilities
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 13, 2026 | Active Under Contract | — | |
| Jul 15, 2026 | Price Decrease | $169,000−$30,000 (−15.1%) | −$30,000 (−15.1%) |
| May 23, 2026 | Price Decrease | $199,000−$20,000 (−9.1%) | −$20,000 (−9.1%) |
| May 7, 2026 | Price Decrease | $219,000−$30,000 (−12%) | −$30,000 (−12%) |
| Apr 8, 2026 | New Listing | — |
Taxes
TCAD account 289421
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 | $247,105 | $255.51 |
| AUSTIN ISD | 0.925200 | $247,105 | $2,286.22 |
| CITY OF AUSTIN | 0.524017 | $247,105 | $1,294.87 |
| TRAVIS COUNTY | 0.375845 | $247,105 | $928.73 |
| TRAVIS COUNTY HEALTHCARE DISTRICT | 0.118023 | $247,105 | $291.64 |
| Ordinary property tax estimate | 2.046485 | $5,056.97 |
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
- ORTIZ SANTOS
- Legal
- LOT 6 BLK 7 CHERNOSKY NO 15
- Geo ID
- prop:289421
- Acreage
- 0.16
- Exemption Type
- None on record
- MLS estimated annual taxes
- $4,648
- MLS tax year
- 2025
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 | $227,101 | 2.046485 | $4,647.59 |
| 2024 | — | 1.981814 | $6,887.08 |
| 2023 | — | 1.809247 | $6,976.27 |
| 2022 | — | 1.974923 | $7,615.08 |
| 2021 | — | 2.176679 | $4,581.73 |
| 2020 | — | 2.226665 | $0.00 |
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
$1,383 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $1,383
- Principal & interest
- $855
- Property taxes
- $387
- Homeowners insurance
- $141
*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 | $135,200 | $1,511 | $8,744 | $133,689 | |
| 2 | $133,689 | $1,612 | $8,642 | $132,076 | |
| 3 | $132,076 | $1,720 | $8,534 | $130,356 | |
| 4 | $130,356 | $1,836 | $8,419 | $128,521 | |
| 5 | $128,521 | $1,959 | $8,296 | $126,562 | |
| 6 | $126,562 | $2,090 | $8,165 | $124,472 | |
| 7 | $124,472 | $2,230 | $8,025 | $122,243 | |
| 8 | $122,243 | $2,379 | $7,876 | $119,864 | |
| 9 | $119,864 | $2,538 | $7,716 | $117,326 | |
| 10 | $117,326 | $2,708 | $7,546 | $114,617 |
- Year 1$133,689
- Principal paid
- $1,511
- Interest paid
- $8,744
- Starting balance
- $135,200
- Year 2$132,076
- Principal paid
- $1,612
- Interest paid
- $8,642
- Starting balance
- $133,689
- Year 3$130,356
- Principal paid
- $1,720
- Interest paid
- $8,534
- Starting balance
- $132,076
- Year 4$128,521
- Principal paid
- $1,836
- Interest paid
- $8,419
- Starting balance
- $130,356
- Year 5$126,562
- Principal paid
- $1,959
- Interest paid
- $8,296
- Starting balance
- $128,521
- Year 6$124,472
- Principal paid
- $2,090
- Interest paid
- $8,165
- Starting balance
- $126,562
- Year 7$122,243
- Principal paid
- $2,230
- Interest paid
- $8,025
- Starting balance
- $124,472
- Year 8$119,864
- Principal paid
- $2,379
- Interest paid
- $7,876
- Starting balance
- $122,243
- Year 9$117,326
- Principal paid
- $2,538
- Interest paid
- $7,716
- Starting balance
- $119,864
- Year 10$114,617
- Principal paid
- $2,708
- Interest paid
- $7,546
- Starting balance
- $117,326
Nearby
12 closest listings to 1400 Vargas RD, Austin TX 78741 (within 2 miles).
Courtesy of Keller Williams Realty · (512) 448-4111
Listings courtesy of ACTRIS as distributed by MLS GRID.