$199,900

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 AandB unit setup, a modern duplex, or a single-family residence with an ADU (subject to city approval). 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. 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. No survey available - buyer to verify all building restriction and regulations, tax rate, and school information.