UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,280 sqft
Price per Sqft $257
Subdivision Chernosky 16
MLS Listing ID 2888419
Style 1st Floor Entry
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1952
Tax Year 2024
Lot Size 5,967 Sqft
Acres 0.137
Property Sub-Type Single Family Residence
Source actris
Property Description
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.
Location
State TX
County Travis
Area 9
Rooms
Main Level Bedrooms 3
Interior
Interior Features Ceiling Fan(s), Quartz Counters, No Interior Steps, Open Floorplan, Primary Bedroom on Main
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Tile, Vinyl
Fireplace Y
Appliance Dishwasher, Electric Range
Exterior
Exterior Feature Exterior Steps
Fence Back Yard, Chain Link, Front Yard, Full, Gate
Pool None
Community Features None
Utilities Available Electricity Available, Water Available
Waterfront Description None
View None
Roof Type Shingle
Accessibility None
Porch Front Porch
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Level
Faces South
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Allison
Middle Schools Martin
High Schools Eastside Early College
School District Austin Isd
Others
Restrictions None
Ownership Fee-Simple
Acceptable Financing Cash, Conventional
Tax Rate 1.8
Listing Terms Cash, Conventional
Special Listing Condition Standard
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