908 Vargas Rd Austin, TX 78741
Montopolis NeighborhoodEstimated payment $1,869/month
Highlights
- Wooded Lot
- Interior Lot
- Wood Fence
- No HOA
- Shed
About This Lot
This property presents an excellent opportunity for investors seeking a prime build site in the highly desirable 78741 zip code. This property is ideally suited as a tear-down with a clear 0.1538-acre lot offering flexibility for an A&B unit development or a single-family build. In addition to its redevelopment potential, the existing 774 sq. ft. home on the lot offers renovation possibilities for those interested in revitalizing the current structure. Recent new construction in the area is achieving sales of $750,000 and above, making this an attractive prospect for strong returns. With no HOA restrictions, investors have the freedom to design and build with fewer limitations. Situated in Southeast Austin, the property offers quick access to major highways, Downtown Austin, and an abundance of outdoor amenities. Just minutes from Lady Bird Lake, scenic trails, and Austin’s renowned green spaces, this location provides the perfect balance of urban convenience and natural beauty.
Listing Agent
Keller Williams Realty Brokerage Phone: (512) 576-4488 License #0617787 Listed on: 09/25/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,619
Lot Details
- 6,700 Sq Ft Lot
- Wood Fence
- Chain Link Fence
- Interior Lot
- Wooded Lot
- Few Trees
Schools
- Allison Elementary School
- Martin Middle School
- Eastside Early College High School
Listing and Financial Details
- Assessor Parcel Number 03061804040000
- Tax Block 4
Community Details
Overview
- No Home Owners Association
- Chernosky 15 Subdivision
Recreation
- Shed
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $6,190 | $233,065 | $158,386 | $74,679 |
| 2023 | $7,551 | $417,371 | $300,000 | $117,371 |
| 2022 | $8,077 | $408,986 | $300,000 | $108,986 |
| 2021 | $5,239 | $240,697 | $100,000 | $140,697 |
| 2020 | $4,169 | $194,380 | $100,000 | $94,380 |
| 2018 | $4,066 | $183,632 | $100,000 | $83,632 |
| 2017 | $3,975 | $178,260 | $100,000 | $78,260 |
| 2016 | $2,725 | $122,183 | $30,000 | $92,183 |
| 2015 | $1,439 | $100,911 | $30,000 | $70,911 |
| 2014 | $1,439 | $60,469 | $30,000 | $30,469 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | For Sale | $280,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | Texas American Title Company | |
| Vendors Lien | -- | Fidelity Natl Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $47,500 | Purchase Money Mortgage |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3548014
APN: 286986
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