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1304 Rio Grande ST
Austin, TX, 78701
$3,900,000
11 Beds
7 Baths
5,022 SqFt
0.2 Acres
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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 Details

Price:
$3,900,000
MLS #:
8673698
Status:
Active
Beds:
11
Baths:
7
Address:
1304 Rio Grande ST
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Block 153 Original City
City:
Austin
Listed Date:
May 9, 2025
State:
TX
Finished Sq Ft:
5,022
ZIP:
78701
Lot Size:
8,834 sqft / 0.20 acres (approx)
Year Built:
1916
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Schools

School District:
Austin ISD
Elementary School:
Mathews
Middle School:
O Henry
High School:
Austin

Interior

Appliances
Dishwasher, Free- Standing Gas Range, Stainless Steel Appliance(s)
Bathrooms
7 Full Bathrooms
Cooling
Central Air
Fireplaces Total
4
Flooring
Wood
Heating
Central

Exterior

Community Features
None
Exterior Features
Balcony
Other Structures
None
Parking Features
Parking Lot, Parking Pad
Roof
Composition, Shingle

Financial

Taxes
$31,712

Map

Community

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1304 Rio Grande ST
Austin, TX