Austin, TX 78741
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 June 2026 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.
| MLS ID | 2888419 | |
| Status | Active | |
| Days Active | 420 | |
| Est. Tax | ||
| Lot Size | 0.137 | |
| Year Built | 1952 | |
| Total Bedrooms | 3 | |
| 1st Floor Bedrooms | 3 | |
| Full Baths | 2 | |
| Half Baths | 0 | |
| Square Feet | 1280 | |
| Price Per SqFt | $265.62 | |
| Garage Spaces | 0 | |
| Fireplace(s) | 0 | |
| Fireplace Info | ||
| Flooring | Tile, Vinyl | |
| Stories | One | |
| Pool | No | |
| Courtesy of | JPAR Round Rock 5129871374 | |
| Subdivision | Chernosky 16 | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | ShingleShingle | |
| Construction | ||
| Foundation | Pillar/Post/Pier | |
| Fencing | Back Yard, Chain Link, Front Yard, Full, Gate | |
| Elementary School | Allison | |
| Elementary District | Austin ISD | |
| Middle School | Martin | |
| Middle District | Austin ISD | |
| High School | Eastside Early College | |
| High District | Austin ISD | |
| Appliances | Dishwasher, Electric RangeDishwasher, Electric Range | |
| Heating | Central | |
| Cooling | Ceiling Fan(s), Central Air | |
| Exterior Features | Exterior Steps | |
| Lot Features | Back Yard, Level | |
| Community Features | None | |
| Patio Features | Front Porch | |
| Structures | Storage, Workshop | |
| Interior Features | Ceiling Fan(s), Quartz Counters, No Interior Steps, Open Floorplan, Primary Bedroom on Main | |
| Fencing Features | Back Yard, Chain Link, Front Yard, Full, Gate | |
| Parking Features | Driveway, Enclosed | |