Outstanding opportunity for investors and builders in the heart of East Austin. <br />Situated on a 0.15-acre lot zoned SF-3, 803 Vargas Rd offers the flexibility to construct up to two units—ideal for a duplex, an A&B build, or a single-family residence with an ADU.<br />The property currently includes only a carport and storage shed, providing a true blank canvas for new construction. With no existing home to remove, you can move straight into planning and design—streamlining your timeline and maximizing your return potential.<br />Surrounded by steady redevelopment, new homes sales and rental rates are confirming the strong demand and value growth within this thriving 78741 pocket. The location offers quick access to Downtown Austin, major highways, and Austin-Bergstrom International Airport, while nearby Lady Bird Lake and Roy G. Guerrero Park deliver trails, green space, and outdoor recreation just minutes away.<br />Directly across the street, 800 Vargas Rd is also available. Together, these two SF-3 zoned properties create a rare opportunity to control facing lots—allowing for up to four potential units across both parcels (buyer to confirm city building guidelines, tax rates, and school information).
Based on information submitted to the MLS GRID as of 2025-10-20 18:56:42 UTC. 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.
The information being provided is 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. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
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Listing Agent: Crystal Robaina (#741812), Phone: (512) 534-7874
Listing Office: Compass RE Texas, LLC (#700459)
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