1212 Rio Grande St, Austin, TX 78701 – Office Building Low Rise 1 - 4 stories

OfficeYear Built 1915Total Assessed Value $90,199,451County Travis

Property Details

The Office property 1212 Rio Grande St, Austin, TX 78701 is located in Travis County. The specific property type is Office Building Low Rise 1 - 4 stories. The total assessed value of this property is $90,199,451.

The gross building area is 182,650 square feet and the land area is 151,249 square feet for this Office Building Low Rise 1 - 4 stories built in 1915.

Legal description: Lot 1-4 Block 153 Original City

$90,199,451

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 1212 Rio Grande St, Austin, TX 78701, Office

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Property Information

Property TypeOffice

Sub Property TypeOffice Building Low Rise 1 - 4 stories

Building Area182,650

Land Size151,249

Land Value$51,318,446

Improved Value$38,881,005

Total Assessed Value$90,199,451

Year Built1915

County NameTravis

Account Number199676

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

2/28/2017

OtherNot Disclosed

Buyer

Guerrero Maria Elena

Seller

Book Number

2017032744

Recording Date

2/28/2017

Transaction Details

Guerrero Maria Elena acquired the property from through a Other transaction on 2/28/2017 for .

Property constructed in 1915

YSale Price (USD) byXSales Year

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Mortgage History

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$30,249,600	$41,105,034	$71,354,634	$71,354,634	Austin Community Col...	9101 Tuscany Way	Lot 1-4 Block 153 Or...	CBD	S01474	151,248	182,650
2025	$51,318,446	$38,881,005	$90,199,451	$90,199,451	Austin Community Col...	Riverside Golf Cours...	Lot 1-4 Block 153 Or...	CBD	S01474	151,249	182,650
2024	$51,318,446	-	$51,318,446	$51,318,446	Austin Community Col...	Riverside Golf Cours...	Lot 1-4 Block 153 Or...	_ZEXMP	S01474	151,249	-
2023	$22,687,200	-	$22,687,200	$22,687,200	Austin Community Col...	Riverside Golf Cours...	Lot 1-4 Block 153 Or...	_ZEXMP	S01474	151,249	-
2022	$22,687,200	-	$22,687,200	$22,687,200	Austin Community Col...	9101 Tuscany Way	Lot 1-4 Block 153 Or...	_ZEXMP	S01474	151,249	-
2021	$22,687,200	-	$22,687,200	$22,687,200	Austin Community Col...	5930 Middle Fiskvill...	Lot 1-4 Block 153 Or...	_ZEXMP	S01474	151,249	-
2020	$22,687,200	-	$22,687,200	$22,687,200	Austin Community Col...	5930 Middle Fiskvill...	Lot 1-4 Block 153 Or...	_ZEXMP	S01474	151,249	-
2019	$22,687,200	-	$22,687,200	$22,687,200	Austin Community Col...	5930 Middle Fiskvill...	Lot 1-4 Block 153 Or...	_ZEXMP	S01474	151,249	-
2018	$22,687,200	-	$22,687,200	$22,687,200	Austin Community Col...	5930 Middle Fiskvill...	Lot 1-4 Block 153 Or...	_ZEXMP	S01474	151,249	-
2017	$15,124,800	-	$15,124,800	$15,124,800	Austin Community Col...	5930 Middle Fiskvill...	Lot 1-4 Block 153 Or...	_ZEXMP	S01474	151,249	-

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
1212 Rio Grande St, Austin, TX 78701	199676	Office	Office Building Low Rise 1 - 4 stories	Austin Community College	Travis	-	-	-	-	1915	182,650	-
900 Jackson St, Dallas, TX 75202	00000100420000000	Office	Office Building Low Rise 1 - 4 stories	Charter Founders Square Llc	Dallas	182.6	$ 18,000,000	2023-02-03	$ 64.29	1924	280,000	-
1801 N Lamar St, Dallas, TX 75202	00000104347000000	Office	Office Building Low Rise 1 - 4 stories	Lc Redux Lp	Dallas	182.8	$ 9,663,261	2023-08-07	$ 67.42	1923	143,320	-
600 San Bernardo Ave, Laredo, TX 78040	182810	Office	Office Building Low Rise 1 - 4 stories	Killam Ranch Properties Ltd	Webb	220.3	$ 5,800,000	2024-02-29	$ 66.15	1926	87,686	-
10 W 4th St, Waterloo, IA 50701	8913-26-235-001	Office	Office Building Low Rise 1 - 4 stories	Alpas Capital Llc	Black Hawk	901.0	$ 830,000	2025-04-07	$ 14.95	1930	55,528	-
222 3rd St, Cedar Rapids, IA 52401	14-21-4-62-014-0-0000	Office	Office Building Low Rise 1 - 4 stories	Aspect Investments	Linn	881.3	$ 2,800,000	2023-06-26	$ 35.67	1895	78,502	-
2710 Bethel Ave, Indianapolis, IN 46203	49-10-17-136-002.000-101	Office	Office Building Low Rise 1 - 4 stories	Vcp Bethel Park Llc	Marion	931.8	$ 2,819,945	2025-02-13	$ 41.30	1953	68,277	-
181 Sagamore Pkwy, Lafayette, IN 47905	79-07-27-202-006.000-004	Office	Office Building Low Rise 1 - 4 stories	Mann Brothers Holdings Llc	Tippecanoe	935.3	$ 3,975,000	2024-06-25	$ 65.38	1950	60,800	-
2 W Washington St, Indianapolis, IN 46204	49-11-01-240-014.000-101	Office	Office Building Low Rise 1 - 4 stories	Gip Indy Meridian Llc	Marion	931.2	$ 10,496,071	2023-10-04	$ 112.82	1918	93,030	-
552 E Market St, Louisville, KY 40202	017C00900000	Office	Office Building Low Rise 1 - 4 stories	552 E Market Llc	Jefferson	883.4	$ 1,700,000	2022-08-01	$ 28.76	1890	59,120	-
620 S 3rd St, Louisville, KY 40202	013K01420000	Office	Office Building Low Rise 1 - 4 stories	Leger Properties Llc	Jefferson	882.5	$ 7,400,000	2022-08-08	$ 90.94	1910	81,374	-

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	1212 Rio Grande St, Austin, TX 78701	—	-	151,249	1915	182,650	$ 90,199,451	$ 51,318,446	-
Prosperity Bank	1111 W 6 St, Austin, TX 78703	09/29/2025	$ 2,412,402	119,816	2023	144,151	$ 60,105,754	$ 29,954,500	-
Horizon Bank Ssb	1210 Nueces St, Austin, TX 78701	09/22/2025	$ 2,125,500	6,900	1967	4,930	$ 2,703,482	$ 2,070,000	-
Horizon Bank Ssb	715 S Lamar Blvd, Austin, TX 78704	09/05/2025	$ 700,000	14,349	1967	2,136	$ 2,830,672	$ 2,726,500	El Desarrollo Llc
Jpmorgan Chase Bank Na	212 Lavaca St, Austin, TX 78701	09/04/2025	$ 144,000,000	3,646	2010	39,023	$ 14,219,926	$ 820,069	Rhp Block 21 Llc
Horizon Bank Ssb	118 E Riverside Dr, Austin, TX 78704	08/07/2025	$ 4,200,000	0	1977	142,428	$ 18,420,337	-	Mae Crockett Partners Ltd
Horizon Bank Ssb	150 E Riverside Dr, Austin, TX 78704	08/07/2025	$ 4,200,000	215,844	1974	129,933	$ 48,276,165	$ 45,327,450	Mae Crockett Partners Ltd
Mcdaniel Family Revocable Trus	1101 Navasota St, Austin, TX 78702	07/23/2025	$ 1,000,000	11,304	1985	3,380	$ 2,010,000	$ 1,412,875	Deluxe Hotel Tx Llc
Standard Insurance Company	902 E 5 St, Austin, TX 78702	07/18/2025	$ 7,000,000	8,834	1930	17,434	$ 2,907,402	$ 1,545,600	Pegalo Properties Llc
Standard Insurance Company	906 E 5 St, Austin, TX 78702	07/18/2025	$ 7,000,000	8,834	1945	15,801	$ 2,487,968	$ 1,545,600	Pegalo Properties Llc
Firstcitizens Bank & Trust Co	607 W 14 St, Austin, TX 78701	06/11/2025	$ 550,000	8,364	2024	8,306	$ 2,038,682	$ 2,509,056	Hkkn Holdings Llc

Mean$ 7,892,932

Median$ 2,000,000.0

Loan Amount Range$ 150,000 - $ 144,000,000

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License Details

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