Incredible investment opportunity in one of Austin’s fastest-growing corridors. Positioned on a 0.1538-acre lot zoned SF-3, 800 Vargas Rd offers outstanding flexibility for redevelopment—whether your vision includes an A&B unit setup, a modern duplex, or a single-family residence with an ADU (subject to city approval).<br />The existing structures are most likely a tear-down, providing a clean canvas for builders and investors ready to capitalize on the area’s momentum. Recent new construction nearby is highlighting the strong potential for future returns.<br />Without HOA restrictions, owners can design and build with fewer limitations, tailoring the project to meet market demand or rental goals. The location combines urban convenience and outdoor appeal—just minutes to Downtown Austin, Lady Bird Lake, and the extensive greenbelt and trail system at Roy G. Guerrero Park. Quick access to Highway 183, I-35, and Austin-Bergstrom International Airport keeps everything within easy reach.<br />Directly across the street, 803 Vargas Rd is also available, offering an additional SF-3 zoned lot. Together, these two properties create a rare chance to control facing parcels with potential for up to four total units (buyer to verify city building regulations, tax rate and school information).
Based on information submitted to the MLS GRID as of 2025-10-15 16:12:26 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
Provided By
Listing Agent: Crystal Robaina (#741812), Phone: (512) 534-7874
Listing Office: Compass RE Texas, LLC (#700459)
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