2404 Rio Grande ST, Austin TX 78705

Austin, TX 78705 | Division

Why It May Not Have Sold

The following is speculative analysis based on publicly available market data. There are many reasons a home may not sell that aren't reflected in MLS data, including personal circumstances, property condition, title issues, or simply a change of plans. This analysis looks only at market positioning factors.

$651,156 Ed's Estimate: $3,825,299 $3,825,299
Lowest Comp Recommended List: $3,749,000 to $3,902,000 Highest Comp

Listing History

$4,250,000 List Price
$1,418,658 Comp Value
0 Price Reductions

This property was listed at $4,250,000 and withdrawn after 0 days on market. This listing activity factors into the valuation.

This home was listed at $4,250,000 and was on the market for 0 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $3,825,299. Here are some factors that may have played a role: The asking price may have been roughly $424,701 above what comparable homes were selling for in this area. Coming to market in November may have put this home in a slower seasonal window for the Austin area. At $957/sqft, the asking price was 76% above the area median, though there may have been upgrades or features not captured in the data. Being 2,615 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1911 construction puts this home 21 years older than the comp average, a factor in the pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
0 Beds
0 Baths 3 Full, 1 Half
4,442 Sq Ft
0.3245 Acres
1911 Built

About This Property

One of the bedrooms/baths is in the garage apartment. There are also 2 storage rooms that could be reverted back to a 3 car carport. The possibilities are seemingly endless for The Parker House, a Historical West Campus home, located steps from The University of Texas. With an exceptional amount of parking it makes an ideal office but could be reimagined as a coffee shop, restaurant, art gallery, design studio, boutique hotel, private club or best of all your own grand residence central to much of the city of Austin. This grande dame has been in the Parker family since construction in 1911. She is ready to be restored to her former grandeur. Currently there are 5 offices upstairs and 5 offices downstairs plus a kitchen and foyer. Much of the value is in the potential for adding a low-rise building behind The Parker House on this expansive .32 acre. How about a swanky low-rise condo building for alumni? So yes the potential is abundant and exhilarating. Come and see for yourself! Note the back structure is not historical and can be removed for additional parking spaces, buyer to confirm.

Features

  • Bookcases
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Crown Molding
  • Entrance Foyer
  • Multiple Living Areas

Location

Schools

School District Austin ISD
Elementary Bryker Woods
Middle School O Henry
High School Austin

Property Details

Property Type Commercial Sale
Flooring Wood
Cooling Central Air
Heating Central
Exterior Exterior Steps
County Travis
MLS # 6381861

Tax Information

Annual Taxes (MLS) $43,600 (2024)

Listing History

MLS# 6381861
Nov 24, 2025 Listed $4,250,000

Frequently Asked Questions About 2404 Rio Grande ST, Austin TX 78705

When was 2404 Rio Grande ST, Austin TX 78705 built?

2404 Rio Grande ST, Austin TX 78705 was built in 1911.

How much does 2404 Rio Grande ST, Austin TX 78705 cost?

2404 Rio Grande ST, Austin TX 78705 is currently off market.

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