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$1,847,693

2303 Rio Grande St, Austin, TX, 78705

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,237 Sq Ft
OfficeOffice
price_per_sqft$725.98 / sqft
Year BuiltBuilt in 1920

Highlights

Interior

Bathrooms 0Bathrooms 0
HeatingHeating
CoolingCooling
FlooringWood

Exterior

Lot Size7,100 sqft

Building Information

Year Built1920
Stories2
Roof Type112

Land Information

APN02140115060000
Lot Number5A
SubdivisionHorsts Louis Subd
Land UseCommercial
Legal DescriptionLOT 5A OLT 37 DIV D HORSTS LOUIS SUBD AMENDED PLAT OF LOT 5 & A PORTION OF LOT 4
Census Tract000608
Assessed Land Value$1,597,500
Assessed Improvement Value$250,193
Assessment Year2025

About this property

Historic turn of the century home converted to office. Two blocks from the Drag (Guadalupe). Deep in the heart of UT campus. Wraparound porch with beautifully maintained wood floors throughout. Buiilt in bookcases. Two block radius includes multiple restaurants, stores and salons. Bodega right across the street. Zoned GO-MU-H-CO-NP (General Office District, Mixed Use, Historic, Conditional Overlay and Neighborhood Plan)

Investor Tools

Property Icon
$1,847,693
Estimated Property Value
$195,750Estimated Mortgage Balance
$1,658,673Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,100 /month
Positive
Cash Flow Estimate:
$4,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,821/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$36,618
$1,847,693
2025
$1,597,500
$250,193
$1,847,693
No

Tax History

Year
Tax Paid
Assessed Value
2024
$36,618
$1,847,693

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Horizon Bank Ssb
Stand Alone First / Home Equity First Lien
$195,750
No
First
Jun 21, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,324
$1,658,369
89%
10%
$1,174/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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2303 Rio Grande St | Property Details | No Agent List