Historic Residence with Development
2404 Rio Grande St Austin, TX 78705
2404 Rio Grande St, Austin, TX, 78705
$4,250,000
For Sale
$4,250,000
Historic property in West Campus with diverse development possibilities.
Property Size5,072 SF
Lot Size0.32 Acres
Price / SF$837.93
Days on Market113
Property Features for 2404 Rio Grande St
General Information
- Standard status
- Active
- Size
- 5,072 SF
- Lot size
- 0.32 Acres
- Property subtype
- Land
Listing agency
Franklin Street
(512) 748-2420
Listed by
Marshall Durrett · License #TX #464407
(512) 748-2420
Source
Franklinst
Added: Apr 1 Updated: Jul 10 at 3:56PM Checked: Jul 10 at 3:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Franklin Street
Investment Insights
Based on property information with market context.
The Parker House is a historic residence located in the West Campus submarket of Austin. The property offers proximity to the University of Texas, Downtown, Shoal Creek Greenbelt Trail, and various retail, bar, and restaurant establishments. The site area is approximately 0.3245 acres, or 14,136 square feet. Existing improvements include a main building of 3,812 square feet, a garage apartment of 630 square feet, a finished garage of 630 square feet, and leasable office space of 5,072 square feet. The property has potential for various uses, including a coffee house, bar (pending zoning approval), or office space, subject to integration and historical preservation approval. Other potential development options include student housing, condominiums, or a boutique hotel. The property also presents a buy-and-hold investment opportunity with ample parking.
Key Highlights
- Prime location in Austin's West Campus, near the University of Texas, Downtown, and Shoal Creek Greenbelt Trail.
- Significant development potential for a low‑rise structure.
- Versatile prospects for coffee house, bar, office space, student housing, condominiums, or boutique hotel (subject to approvals).
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
512 Living
Real Estate Agency
The Prelease Pro
Real Estate Agency
Aspen Parrott - Realtor®
Real Estate Agency
Metro Realty
Property Management Company
West Campus Living
Real Estate Agency
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FAQs
What type of property is this?
Mixed-use property - Historic property in West Campus with diverse development possibilities.
Where is this mixed-use property located?
The property is located at 2404 Rio Grande St Austin, TX.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Prime location in Austin's West Campus, near the University of Texas, Downtown, and Shoal Creek Greenbelt Trail.; Significant development potential for a low‑rise structure.; Versatile prospects for coffee house, bar, office space, student housing, condominiums, or boutique hotel (subject to approvals).