New search
Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Hotels
1900 Rio Grande St, Austin, TX 78705-5511
Entity Owned
3-yr Hold
Free & Clear
Property ID
US82-0656295
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1900
Total area
8,417 SF
Lot
0.96 ac (41,818 SF)
APN
212011410
UPID
US82-0656295
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hotel Ella Hotel & Motel
-
Goodall's Restaurant
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Encore Marketing & Advertising Event Planning
-
Parlor Bar at Hotel Ella Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$830k
CAP Approach
CAP
$970k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
1900 Rio Grande Street Tic I LLC · 3 yrs held
1900 Rio Grande Street Tic I LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+1,259.1%
Restaurant
$1.2M
+1,199.0%
Office building
$1.1M
+1,100.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Austin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$830,000
CAP Approach
CAP Return
Estimation
6%
$1,050,000
6.5%
$970,000
7%
$900,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,205,000
Change: +1,259% · Conversion: Difficult
RESTAURANT
$1,155,000
Change: +1,199% · Conversion: Difficult
OFFICE BUILDING
$1,065,000
Change: +1,100% · Conversion: Difficult
RETAIL STORES
$1,005,000
Change: +1,034% · Conversion: Difficult
MEDICAL BUILDING
$815,000
Change: +820% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$107 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$197,558
Tax year 2022
Assessed value
$12,838,000
Assessed 2023
Previous assessed
$12,838,000
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$6,272,640
Assessed improvement
$6,565,360
Land market value
$6,272,640
Improvement market value
$6,565,360
Total market value
$12,838,000
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1900
Heating
NONE
Buildings
2
Stories
2
Total area
8,417 SF
Lot
0.96 ac (41,818 SF)
APN
212011410
UPID
US82-0656295
Jurisdiction
TRAVIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.2M
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$815,000
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
2
Buildings
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
1900 Rio Grande Street Tic I LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1101 W 34TH ST #313, AUSTIN, TX 78705-1907
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
—
1900 Rio Grande Street Tic I LLC
1900 Rio Grande Street Investors Ll
Intrafamily Transfer
related
—
Oct 4, 2019
—
Rio Grande Atx Investments LLC
—
Deed
related
$8,700,000 · Miscellaneous Ins Co
Aug 6, 2019
—
Rio Grande Atx Investments LLC
—
Deed
related
$5,848,906 · Horizon Bk
Apr 20, 2017
—
Rio Grande Atx Investments LLC
—
Deed
related
$6,124,167 · Horizon Bk Ssb
Jul 26, 2012
—
Rio Grande Atx Investments LLC
William G Gurasich
Venders Lien
$6,500,000 · Horizon Bank Ssb
Jun 24, 2011
—
William G Gurasich
—
Loan Modification
related
$1,347,614 · American Bank
Jan 27, 2011
—
William G Gurasich
—
Loan Modification
related
$1,347,614 · American Bank
Jul 7, 2010
—
William G Gurasich
—
Loan Modification
related
$1,347,614 · American Bank
—
—
Rio Grande Atx Investments LLC
—
Deed Of Trust
related
$1,750,000 · Horizon Bk Ssb
—
—
Rio Grande Atx Investments LLC
—
Deed Of Trust
related
$8,700,000 · Miscellaneous Ins Co
—
—
Rio Grande Atx Investments LLC
—
Loan Modification
related
$5,848,906 · Horizon Bk
—
—
William G Gurasich
—
Loan Modification
related
$500,000 · American Bank
—
—
William G Gurasich
—
Loan Modification
related
$1,134,085 · American Bank
—
—
Rio Grande Atx Investments LLC
—
Loan Modification
related
$6,124,167 · Horizon Bk Ssb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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