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Austin · Chernosky 16

$330,000

Reduced from $385,000 · −14.3%

1108 Vasquez St, Austin, TX 78741

  • 3bedrooms
  • 2bathrooms
  • 1,280sqft
  • 0.14acres
  • 1952year built

About this home

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

Type
Single Family Residence
Levels
One
Year built
1952
Lot size
0.14 acres
Subdivision
Chernosky 16
MLS #
ACT2888419

Inside

Bedrooms
3
Bathrooms
2
Living area
1,280 sqft

Schools

Elementary
Allison
High school
Eastside Early College
District
Austin ISD

Costs

Est. annual taxes
$5,766 (2024)

Listing

First listed
Feb 26, 2025
Days listed
517
Original price
$385,000
Status
Active

Listed by Lina Bibian, JPAR Round Rock · [email protected] · MLS# ACT2888419 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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