1108 VASQUEZ STREET, AUSTIN, TX 78741
Homes for sale in Austin.
Homes for sale in 78741.
List Price$330,000
1108 Vasquez Street
Austin, TX 78741
Listing #2888419
About This Property
Seller Financing Available! Purchase price of $375,000 with 20% down and an 8% interest rate, offering a flexible financing option for investors. Located in the heart of East Austin, 1108 Vasquez St presents an excellent investment opportunity in one of Austin's fastest-growing neighborhoods. The property has been substantially remodeled and improved in recent years, providing updated living spaces while still offering value-add potential. While many upgrades have been completed, some items may still require attention or repairs, including portions of the flooring and other cosmetic improvements. Currently tenant-occupied and generating rental income of $2,300 per month, with a lease in place through 2027. The tenant may consider vacating prior to lease expiration if purchased by an owner-occupant. Situated on a functional lot, the property may offer potential for a two-unit development (buyer to independently verify), making it attractive as both a cash-flowing rental and a long-term land investment. The property also features a remodeled detached shed in the backyard, providing flexible space ideal for a home office, studio, workshop, gym, or creative workspace. Conveniently located near Downtown Austin, Austin-Bergstrom International Airport, major highways, restaurants, entertainment, and the vibrant East Austin arts and dining scene. Whether you're looking for immediate rental income, seller financing, future development potential, or a strategic land hold in a rapidly appreciating area, 1108 Vasquez St offers versatility and opportunity. Listing photos were taken prior to tenant occupancy. Some photos may have been virtually staged and digitally enhanced to illustrate the property's potential. Only 2 Friday per month available for showings.
Property Features
Location Information
County
Travis
Subdivision
Chernosky 16
County
Travis
Directions
From downtown Austin, head east on East Cesar Chavez Street. Turn right onto Montopolis Drive, then left onto Felix Avenue. Finally, turn right onto Vasquez Street; the property will be on your right. For personalized directions from your current location, consider using a GPS navigation system or an online map service.
Area
9
Interior Features
Interior
Ceiling Fan(s), Main Level Primary, No Interior Steps, Open Floorplan, Quartz Counters
Floors
Tile, Vinyl
Primary Bedroom On Main
Yes
Laundry
In Hall
Full Baths
2
Disabled Features
None
Number of Fireplaces
0
Appliances
Dishwasher, Electric Range
Heating
Central
Accessibility
None
Exterior Features
Style
Vinyl Siding
Parking Description
Driveway, Enclosed
Stories
1
Garage Spaces
0
Is New Construction
No
Fencing
Back Yard, Chain Link, Full, Front Yard, Gate
Construction/Exterior
Vinyl Siding
Lot Size in Acres
0.137
Exterior
Exterior Steps
Waterfront Description
None
Foundation
Pillar/Post/Pier
Has Waterfront
No
Possession
Closing & Funding, Close Of Escrow
Has View
No
Water / Sewer
Public Sewer
View
None
Water
Public
Is One Story
Yes
School
Elementary School District
Austin ISD
Middle School
Martin
Elementary School
Allison
High School
Eastside Early College
Additional Information
Roof/Attic
Shingle
APN
03071708050000
Other Utilities
Electricity Available, Water Available
Status
Active
Property Type
SFR
Documents Available
Survey
Property SubType
Single Family Residence
Square Feet Source
Public Records
Year Built
1952
Similar Listings
Mortgage Calculator
$1,541
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,189
Monthly Tax
$275
Monthly Insurance
$77
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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