See Home Value
$4,250,000
House - Off Market

1304 Rio Grande ST

Austin, TX 78701
bedrooms
7 Beds
bathrooms
7 Baths
square feet
5022 Sqft
$23,150
Estimated Monthly
$0
HOA / Fees
1.11%
Cap Rate

About This Property

Welcome to 1304 Rio Grande, a hidden oasis nestled in the heart of Austin, Texas. This stunning property offers a unique blend of modern luxury and timeless charm, providing an unparalleled living experience in one of Austin's most coveted neighborhoods. This property is currently operating as a successful bed and breakfast and has further development capabilities including 2,000+ square feet on the 3rd floor and additional main level space for an onsite manager. Currently processing zoning change to DMU (Downtown Mixed Use) which will provide additional site value and business opportunities. Key Features: Prime Location: Situated in the vibrant and historic West Campus neighborhood, this home offers the best of both worlds - a serene escape from the bustling city and the convenience of being just minutes away from the University of Texas at Austin and downtown Austin's entertainment, dining, and cultural attractions. Outdoor Retreat: The property offers a private outdoor sanctuary with a well-manicured garden, providing a tranquil space to relax, entertain, or enjoy al fresco dining. It's a rare find in the heart of the city. Convenient Parking: Off-street parking ensures you have a dedicated spot for your vehicle, eliminating the hassle of searching for parking in this bustling neighborhood. Community Connection: The West Campus neighborhood fosters a strong sense of community, with nearby parks, cafes, and local businesses creating a welcoming and sociable environment. Versatile Use: Currently used as a bed and breakfast, this property also holds great potential as a boutique hotel, or an upscale Airbnb investment. 

1304 Rio Grande is more than just a property; it's an opportunity to embrace the Austin lifestyle fully.
Unit Size
5,022Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$846
Property Type
House
Property Taxes
$2,282
HOA Dues
-
Year Built
1916
Last updated: 24 days ago (Unlock MLS #ACT8209871)

Price History

Date / Event Date Event Price
Apr 10, 2024 Withdrawn -
Withdrawn
Jan 12, 2024 Listed by Kuper Sotheby's Int'l Realty $4,250,000
Listed by Kuper Sotheby's Int'l Realty

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: A
  • Building Style: Quadplex
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,832
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 640
  • Total Building Area: 5,022
  • Gross Building Area: 5,292
  • Building Area: 5,022
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,022
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLOCK 153 ORIGINAL CITY
  • Land Acres: 0.203
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: S64 OF LOT 5&6 BLOCK 153 ORIGINAL CITY

Ownership

  • Current Owner : AUSTIN SPIRITS LLC
  • Previous Owner : PINCKNEY ROGER W
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 000700

Geography

  • Assessors Map Reference: 0210000607
  • Account Number: 199638
  • Parcel: 199638
  • Block: 153
  • Lot: 5,6
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.2776
  • Longitude: -97.747

    Address

  • Full Address: 1304 Rio Grande St
  • Address - House Number: 1304
  • Address - Street Name: Rio Grande
  • Address - Suffix Type: St
  • State: TX
  • City Name: Austin
  • Carrier Code: C029
  • 4-Digit Zip Code: 1737
  • Zip Code: 78701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,846
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2088
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 1,388,390
  • High Value: 1,678,397
  • Low Value: 1,098,383

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,557,170
  • First Open Lien Mortgage Lender: LEGACY BANK
  • First Open Lien Mortgage Recording Date: Jul 05, 2022
  • First Open Lien Mortgage Loan Amount: $3,557,170
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,762,674
  • Market Land Value: $660,000
  • Market Improvement Value: $1,102,674

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,513,320

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 01, 2014
  • Current Sale Recording Date: Aug 08, 2014
  • Current Sale Transaction ID: 1159087319
  • Current Sale Price: $1,348,100
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2014115620

    Last Sale Mortgage

  • First Mortgage Lender: LEGACY BANK
  • First Mortgage Transaction Date: Aug 08, 2014
  • First Mortgage Loan Amount: $1,078,507
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
7 Beds
6 Baths
6,872 ft²
$691/ft²
$4,750,000 Sep 14, 2023
-
$4,491/mo
House
5 Beds
4 Baths
3,099 ft²
$1,355/ft²
$4,200,000 Nov 6, 2023
-
$3,500/mo
Condo
3 Beds
4 Baths
2,570 ft²
$1,751/ft²
$4,500,000 Nov 27, 2023
-
$2,000/mo
Condo
4 Beds
4 Baths
2,645 ft²
$1,397/ft²
$3,695,000 Dec 28, 2023
-
$1,812/mo
Commercial
Loft
-
-
$3,500,000 Jun 1, 2023
-
$5,809/mo

About Downtown Austin


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Frequently Asked Questions

When was property at 1304 Rio Grande Street built and last sold?
The property at 1304 Rio Grande Street was built in 1916 and last sold on Aug 1, 2014 for $1,348,100.
How much is this home worth?
The estimated value of the home located at 1304 Rio Grande Street is $4,292,500.
What are some comparable homes to 1304 Rio Grande Street?
Homes that are comparable to 1304 Rio Grande Street include a house property at 709 Rio Grande Street, 1000 Shelley Avenue, 202 Nueces Street.

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