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.
Active
$738,000
1214 Vargas Rd, Austin, TX 78741
6beds
4baths
2,486sqft
Est.:
Duplex
Built in 2003
-- sqft lot
$702,500 Zestimate®
$297/sqft
$-- HOA
What's special
One-car garageStainless steel appliancesVinyl plank floorsGranite countersPrivate entranceVaulted ceilingsOversized fenced backyard
- 17 days
- on Zillow |
- 270 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: May 02, 2025 at 02:02am
Listed by:
Connor James (512) 792-4703,
LoKation Real Estate, LLC (512) 792-4703,
Doc Loiselle (512) 632-1511,
LoKation Real Estate, LLC
Source: Unlock MLS,MLS#: 4324627

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Rooms
- Room types: Living Room
Heating
- Central, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator
Features
- Walk-In Closet(s)
- Flooring: Tile
- Windows: Double Pane Windows
Interior area
- Total interior livable area: 2,486 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: See Remarks
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Exterior features: None
- Pool features: None
- Fencing: Privacy, Wood
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 0.25 Acres
- Features: Corner Lot, Trees-Small (Under 20 Ft)
Details
- Additional structures: None
- Parcel number: 03071706160000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Slab
- Roof: Composition
Condition
- See Remarks
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Features: None
- Subdivision: Chernosky 15
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $297/sqft
- Tax assessed value: $633,035
- Annual tax amount: $4,328
- Date on market: 5/2/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
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