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Historic Residence with Development Potential

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
Listed by Marshall Durrett · License #TX #464407
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

Suggested Use

(Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist Fish Market Mobile Phone Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

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).
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