1304 Rio Grande ST, Austin, TX 78701 (MLS # 8673698)

Price $3,900,000
Status Active
Beds 11
Baths 7 Baths
Home size 5,022 sqft
Lot Size 8,834 sqft
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.
Property Type(s): Single Family
Last Updated 5/9/2025 Tract Block 153 Original City
Year Built 1916 Community Block 153 Original City
County Travis

SCHOOLS

Elementary School Mathews
Jr. High School O Henry
High School Austin

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Free-Standing Gas Range, Stainless Steel Appliance(s)
AREA DT
CONSTRUCTION Stucco
EXTERIOR Balcony
FIREPLACE Yes
HEAT Central
INTERIOR Breakfast Bar, Built-in Features, High Speed Internet, Recessed Lighting
LOT 8834 sq ft
LOT DESCRIPTION Corner Lot
PARKING Parking Lot, Parking Pad
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Block 153 Original City
TAXES 31712.21
UTILITIES Electricity Connected, Natural Gas Connected
VIEW Yes
VIEW DESCRIPTION City
WATER Public

Location

 

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Property listed by Lew Goldstein, eXp Realty, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 5/13/25 9:12 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2025.

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