1108 VASQUEZ STREET, AUSTIN, TX 78741
Homes for sale in Austin.
Homes for sale in 78741.
List Price$339,999
1108 Vasquez Street
Austin, TX 78741
Listing #2888419
About This Property
Seller financing available: $375,000 purchase price, 20% down, 8% interest rate, an excellent opportunity for investors seeking flexible acquisition terms. Great investment opportunity in East Austin. The property has been renovated in recent years, offering modern updates while still leaving room for future value-add potential.Currently tenant-occupied and generating rental income, this home provides immediate cash flow with a lease in place through 2027 at $2,300 per month. Tenant may vacate prior to lease expiration if the property becomes owner-occupied.Situated on a functional lot, the property also presents potential for a two-unit development (buyer to verify), making it attractive not only as a rental but also as a long-term land investment opportunity.The home includes a remodeled detached shed in the backyard, ready to be used as functional extra space, ideal for a studio, office, workshop, or creative flex area. Strategically located in the heart of East Austin, the property provides convenient access to downtown, major highways, the airport, and the area's vibrant dining, arts, and entertainment scene. Whether you're looking for a performing rental, a flexible-use property, or a lot with future development potential, 1108 Vasquez St offers versatility in one of Austin's fastest-growing neighborhoods. Situated on a functional lot, this property also offers potential for developers exploring a two-unit project (buyer to verify), making it appealing not only as a rental but also as a long-term land investment.
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
$1,587
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,225
Monthly Tax
$283
Monthly Insurance
$79
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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