$4,250,000

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 multiple offices upstairs and multiple 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 lot. How about a swanky mid-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. The back structure is currently additional offices and one bath.