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Status: Active

1304 Rio Grande St 
Austin, TX 78701

3% Drop

$3,900,000

$3,800,000

------/mo*
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Discover a beautifully transformed 1916 downtown mansion that perfectly blends historic charm with modern sophistication. Located just blocks from the Texas State Capitol in the prestigious Judges Hill Neighborhood, this ~6,000 SF property offers unparalleled potential. Currently operated as a luxury short-term rental, the building features 7 unique suites, including 4 extra-large units with two sleeping areas each, a spacious junior suite, and two queen rooms, capable of accommodating up to 24 guests. The property boasts distinctive artwork by local artists, enhancing the aesthetic appeal of each room. Recently rezoned to DMU (Downtown Mixed Use), the property offers a wide range of potential uses, including boutique hotel, medical or wellness center, senior living, creative office, or even a dream downtown residence. In addition to the existing luxurious spaces, the third floor and rear ~250 SF addition with soaring ceilings are unfinished, offering an incredible opportunity to expand the usable square footage by over 1,200 SF, further increasing the property's value and flexibility. The building blends original historic elements with a fully modernized interior, including all-new utilities, systems, and finishes, making it a turn-key investment or a unique, stylish place to call home. The property also includes a private parking lot with six dedicated spaces, adding even more value to this rare opportunity. Whether you're looking to capitalize on Austin's thriving real estate market, expand the property’s potential, or create your own downtown mini mansion, this property delivers location, character, and unmatched flexibility.
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Bedrooms
11
Baths
7
House Size
5,022 sqft
Year Built
1916
Lot Size
0.2 ac
School District
Austin ISD

Location

Market Insights

In the last 30 days, homes for sale in Downtown, Austin, TX were on the market for a median of 98 days and 12.5% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Free-standing Gas Range
Stainless Steel Appliance(s)
cooling
Central Air
features
Breakfast Bar
Built-in Features
Recessed Lighting
High Speed Internet
fireplace
Bedroom
flooring
Wood
heating
Central
laundry features
Lower Level
view
City
window features
Blinds
Drapes

Exterior Information

features
Balcony
fence
None
patio and porch
Awning(s)
Covered
Front Porch
Patio
pool
None
roof
Composition
Shingle

Property Information

accessibility
Accessible Entrance
Accessible Approach With Ramp
Accessible Full Bath
community
None
construction
Stucco
foundation
Combination
Pillar/post/pier
Slab
lot
Corner Lot
other structures
None
parking
Parking Lot
Parking Pad
security features
Smoke Detector(s)
Carbon Monoxide Detector(s)
Fire Alarm
Fire Sprinkler System
Key Card Entry
Security Lights
sewer
Public Sewer
subdivision name
Block 153 Original City
utilities
Electricity Connected
Natural Gas Connected
water source
Public
  • Listed By Lew Goldstein
  • (512) 426-0010
  • eXp Realty, LLC
  • (888) 519-7431
  • tx.membership@exprealty.com
  • MLS 8673698

Monthly Payments Calculator

Estimated Monthly Cost

$23,488

30 year fixed·6.9% interest rate
Principal & Interest
$20,021
Property Taxes
$3,167
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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