20 days on rocket

909 Vargas Rd, Austin, TX, 78741

$943,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,709 SqFt
$254/SqFt
Multi

Location

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909 Vargas Rd, Austin$943,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached, Driveway, Garage, Electric Vehicle Charging Station(s)
Garage1 space
Year BuiltNew Const., 2024
HeatingHeat Pump
CoolingCentral Air
WaterfrontNone
ViewNone
MLS #7579921
Lot Size0.17 Acres
StatusActive

About 909 Vargas Rd

Welcome to 909 Vargas Rd, an exceptional chance to own a brand-new construction duplex less than 5 miles from Downtown Austin, listed under $1M! With both Unit A and Unit B ready for occupancy, this property offers flexibility and substantial income potential in one of Austin’s most vibrant areas. Short-term rentals (STRs) are allowed, making this an ideal choice for savvy investors looking to maximize rental income. Each unit features a spacious, well-thought-out layout with 3 bedrooms, 2.5 baths, and high-end finishes throughout. Unit A spans 1,812 sq. ft., including a private garage with an EV charger, while Unit B offers a bit more space at 1,875 sq. ft., featuring a large private backyard and a convenient carport. Both units boast abundant natural light, stainless steel appliances, quartz countertops, and shaker-style cabinetry, with each bedroom having its own walk-in closet. The third floor in each unit includes a bonus space with soaring vaulted ceilings, perfect for versatile use. Situated just a quick drive from downtown, this duplex offers the best of urban convenience with the amenities today’s renters demand. Whether you’re considering long-term tenants or capitalizing on the STR market, 909 Vargas Rd presents an incredible opportunity to own a luxury, multi-unit property in the heart of Austin. Don’t miss out on this rare investment—schedule a tour today to see the potential for yourself! Units are also for sale individually.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 3,709 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 318-0075
  • Listing Agent: Cody Julian

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Range Hood, Tankless Water Heater
  • Flooring Type: Tile, Vinyl
  • Interior: High Ceilings, Main Level Primary, Quartz Counters

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Parking: Attached, Driveway, Garage, Electric Vehicle Charging Station(s)

Lot Features

Lot Information:

  • Lot: City Lot, Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Downtown Austin, take Riverside East, left on Vargas Rd, home will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $943,000
  • Price Per SqFt: $254/SqFt

Tax Information:

  • Annual Amount: $3,752
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

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Austin, TX

City

Med. Sold Price

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

72

# of Sold Homes

669

909 Vargas Rd vs Austin

20 DAYS ON ROCKET

-52 Days

$943,000

+$376.5K More

$254/SqFt

-$54 Less

KEY TAKEAWAY

This property is $376.5K more than the Median Sold Price and $54/SqFt less than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #7579921

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 318-0075
  • Listing Agent: Cody Julian

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/22/2024, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,752$194,251
2019$4,166$194,251
2018$3,925$182,462
2017$2,699$177,280

History based on county public records data.

Payment Calculator

$4,774

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,894

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-613939
5
/10

  • Allison Elementary School

  • 515 Vargas Rd

  • 0.27 miles

  • Public District Grades EE-5

school-card-donut-613940
8
/10

  • Idea Montopolis Academy

  • 1701 Vargas Rd

  • 0.55 miles

  • Public Charter Grades KG-5

school-card-donut-613941
2
/10

  • Baty Elementary School

  • 2101 Faro Dr

  • 1.21 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,952. Residents of Austin, TX typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Travis County›Austin›78741›909 Vargas Rd

This home is located at 909 Vargas Rd in Austin, TX and zip code 78741 in the Southeast neighborhood. This 3,709 square foot home, which was built in 2024, sits on a 0.17 acre lot. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $943,000.

Over 66 listings were sold over their listed price in October 2024 in Austin, TX. In the same period over 506 listings were sold below the listed price and 96 listings were sold for the listed price. The inventory of homes for sale in Austin, TX between September 2024 and October 2024 increased by 6.3%. While the average time on the market in October 2024 was 72 days, the median list price was $566,430.

From Rocket Homes Real Estate and based on county public records data.

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