Austin, TX 78705 2822 Rio Grande St
$4,750,000
21 more
Presented By: eXp Realty, LLC;
SQFT • 9,331
Home Details
Introducing a prime opportunity for multifamily investors: a meticulously crafted 9,331 SF building boasting 9 units, ideally positioned in the thriving West Campus area of Austin. Built to exacting standards in 2015, this property offers modern design and functionality to cater to the discerning tenant. Zoned MF-4-ETOD-DBETOD-NP and situated within the the University Neighborhood Overlay, it presents a versatile canvas for development and expansion. The property's strategic location ensures seamless access to the city's amenities and attractions while providing a serene retreat for residents. With a strong rental market and a track record of robust demand, this investment promises a compelling blend of luxury living and lucrative returns.
Presented By: eXp Realty, LLC;
Interior Features for 2822 Rio Grande St
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
FlooringTile, Wood
Total Stories3
General for 2822 Rio Grande St
AccessibilitySee Remarks
Building FeaturesAppliances, Electric Dryer Connections, Fixtures, Kitchen Equipment, Private Restrooms, Stackable Washer/Dryer Connections
Building NameRio Flats
CityAustin
Construction MaterialsMasonry – Partial
CoolingCentral Air
CountyTravis
Current UseMulti-Family, Residential
DirectionsLamar to 24th ST, Right on 24th ST, Left on Rio Grande
DisclosuresNone
Energy EfficientNone
Green SustainabilityNone
HeatingCentral
Leasable Area9331
Lease TypeSee Remarks
Lot Size Square Feet13303.22
MLS AreaUT
Net Operating Income192765
New ConstructionNo
Operating Expense137030
Other StructuresNone
Property ConditionResale
Property SubtypeMulti Family
Property TypeCommercial Sale
Security FeaturesSmoke Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameByrnes James
Tax Annual Amount81366.15
Tax Assessed Value3825710
Tax Year2025
UtilitiesElectricity Available
ViewNone
Year Built2015
Year Built SourcePublic Records
ZoningMF-4-ETOD-DBETOD-NP
Exterior for 2822 Rio Grande St
Building Area Total9331
Foundation DetailsPillar/Post/Pier, Slab
Horse Y/NNo
Lot Size Acres0.3054
Number of Buildings1
Other EquipmentNone
Parking FeaturesAssigned, Attached, See Remarks
Total Parking20
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Kenneth Baskerville
Texas Licensed REALTORS®