2822 RIO GRANDE STREET, AUSTIN, TX 78705

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Homes for sale in 78705.


2822 Rio Grande Street

Austin, TX 78705

Status of the property has changed, please contact for details

List Price$4,750,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #8591113

9,331

Square Feet

Commercial

Type

About This Property

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.

Property Features

Location Information

County

Travis

Subdivision

Byrnes James

County

Travis

Directions

Lamar to 24th ST, Right on 24th ST, Left on Rio Grande

Area

UT

Interior Features

Heating

Central

Disabled Features

See Remarks

Floors

Tile, Wood

Accessibility

See Remarks

Laundry

Washer Hookup, Dryer Hookup, ElectricDryer Hookup

Exterior Features

Style

Masonry

Parking Description

Assigned, Attached, See Remarks

Is New Construction

No

Lot Size in Acres

0.305

Construction/Exterior

Masonry

Zoning

MF-4-ETOD-DBETOD-NP

Foundation

Pillar/Post/Pier, Slab

Buildings

1

Possession

Closing & Funding, Close Of Escrow

Has Waterfront

No

Water / Sewer

Public Sewer

Has View

No

Water

Public

View

None

Additional Information

Other Utilities

Electricity Available

APN

02150204120000

Property Type

COM

Status

Active

Property SubType

Multi Family

Documents Available

Building Plans, Lease, Profit/Loss Statement, Rent Rolls, Survey

Year Built

2015

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Mortgage Calculator

$22,182

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$17,116

Monthly Tax

$3,958

Monthly Insurance

$1,108

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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