$715,000
$23K PRICE DROP

Estimated payment $4,310/month

Total Views 224,333
6 Beds
4 Baths
2,486 Sq Ft
$288 Price per Sq Ft

Highlights

  • Corner Lot
  • Covered patio or porch
  • Walk-In Closet
  • No HOA
  • Double Pane Windows
  • Living Room

About This Home

Incredible Investment Opportunity in East Austin! Welcome to 1214 Vargas Rd—a lightly updated duplex offering two spacious 3-bedroom, 2-bath units, each with a private entrance, one-car garage, and oversized fenced backyard. Both sides feature vaulted ceilings, vinyl plank floors, granite counters, modern tilework in the bathrooms, stainless steel appliances, fresh paint, and open-concept living areas filled with natural light. Each unit is move-in ready with room for future upgrades, making it ideal for house hacking or generating rental income from both sides.Located just 5 miles from Downtown Austin and just over 4 miles to Austin-Bergstrom Airport, this property sits in the heart of the East Riverside Corridor—one of the city’s fastest-growing and most heavily redeveloped areas. You're walking distance to the beautiful Riverside Golf Course, multiple bus stops, Roy G. Guerrero Park, hike-and-bike trails, and Lady Bird Lake. Residents enjoy a quick commute to Oracle’s HQ, new mixed-use communities, restaurants, bars, and waterfront parks that are transforming East Riverside into one of Austin’s premier urban hubs.With easy access to downtown via Riverside Dr or I-35, this duplex offers unbeatable connectivity without sacrificing neighborhood charm. Whether you're an investor seeking strong returns or a buyer looking to live in one unit and lease the other, 1214 Vargas Rd delivers flexibility, location, and long-term upside.

Listing Agent

Connor James

LoKation Real Estate, LLC Brokerage Phone: (512) 792-4703 License #0694650 Listed on: 05/01/2025

LoKation Real Estate, LLC

Co-Listing Agent

Doc Loiselle

LoKation Real Estate, LLC Brokerage Phone: (512) 792-4703 License #0768114

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,328

Year Built

  • Built in 2003

Lot Details

  • 0.25 Acre Lot
  • Southeast Facing Home
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Dense Growth Of Small Trees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 2,486 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Tile Flooring
  • Dryer

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Allison Elementary School
  • Martin Middle School
  • Eastside Early College High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 03071706160000

Community Details

Overview

  • No Home Owners Association
  • Chernosky 15 Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,328

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2003
  • Direction Faces: Southeast
  • Directions: FROM IH 35 GO EAST ON RIVERSIDE LEFT ON VARGAS
  • Disclosures: Seller Disclosure
  • Fencing: Privacy, Wood
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 2486
  • Other Equipment: See Remarks
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT704730
  • Co List Office Phone: (512) 792-4703
  • Attribution Contact: (512) 792-4703
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 7526.95
  • FEMA Flood Plain: No
  • Restrictions: See Remarks
  • Tax Exemptions: None
  • Unit Mix: 3/2
  • ACT_MonthToMonthYN: 0
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 0
  • ACT_MonthToMonthYN: 0
  • ACT_PetDeposit: 250
  • ACT_FireplaceYN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • View: None
  • Flooring: Tile
  • Accessibility Features: See Remarks
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator
  • Property Condition: See Remarks
  • Window Features: Double Pane Windows
  • Dining Room Type: Living Room
  • Laundry Location: Multiple Locations

Beds/Baths

  • Full Bathrooms: 4
  • Bedrooms: 6

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Covered, Porch
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central, Natural Gas
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Meter Description: Electric Separate,Gas Separate,Water Separate

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Allison
  • High School: Eastside Early College
  • Middle/Junior School: Martin
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Corner Lot, Trees-Small (Under 20 Ft)
  • Parcel Number: 03071706160000
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Subdivision Name: Chernosky 15

Rental Info

  • Owner Pays: Taxes
  • Total Actual Rent: 2150
  • Pets Allowed: Negotiable

Building Info

  • Construction Materials: Masonry – Partial
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4328.09
  • Tax Map Number: 16
  • Tax Filled Sqft Total: 2486
  • Tax Rate: 1.98180000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,527 $316,501 $110,000 $206,501
2022 $8,199 $415,150 $110,000 $305,150
2021 $10,439 $479,595 $110,000 $369,595
2020 $8,200 $382,300 $110,000 $272,300
2018 $7,258 $327,839 $110,000 $217,839
2017 $5,562 $247,994 $110,000 $137,994
2016 $4,287 $192,219 $30,000 $162,219
2015 $4,280 $196,037 $30,000 $166,037
2014 $4,280 $179,840 $30,000 $149,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $715,000 -3.1% $288 / Sq Ft
05/01/2025 05/01/25 For Sale $738,000 +288.4% $297 / Sq Ft
06/11/2012 06/11/12 Sold -- -- --
03/30/2012 03/30/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $190,000 -- $76 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Vendors Lien -- None Available
Vendors Lien -- --
Warranty Deed -- Gracy Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $141,600 Purchase Money Mortgage
Previous Owner $162,400 Purchase Money Mortgage
Closed $40,600 No Value Available
Source: Public Records

About the Listing Agent

Connor James

LoKation Real Estate, LLC

(512) 883-4731

Section Image

Connor James is a distinguished Realtor with a wealth of experience in navigating the intricacies of the Austin real estate market. With a tenure spanning over seven years, Connor possesses an innate understanding of the dynamic forces shaping Austin's real estate landscape.

As the driving force behind The Weston Group - Sprout Realty, Connor leads a team of four adept agents committed to delivering unparalleled results. Under his astute leadership, the team executes seamless property

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4324627

Unlock MLS (Austin Board of REALTORS®)

APN: 288308