1304 Rio Grande St, Austin, TX 78701

Recently rezoned to DMU (Downtown Mixed Use), this beautifully transformed 1916 mansion in the prestigious Judges Hill neighborhood offers exceptional flexibility—just blocks from the Texas State Capitol. Currently operated as a luxury short-term rental, the ~6,000 SF property (5,022 SF finished) features 7 distinctive suites, including four extra-large units with two sleeping areas each, a junior suite, and two queen rooms—accommodating up to 24 guests. The third floor and rear ~250 SF addition with soaring ceilings remain unfinished, offering 1,200+ SF of expansion potential. The building blends original historic elements with a fully modernized interior, including all-new utilities, systems, and finishes, making it a turnkey investment. Zoned for uses including boutique hotel, wellness center, senior living, creative office, or luxury residence. Also well-suited as a unique and high-end HQ for a law firm, design studio, or startup seeking an inspiring downtown presence.