After three years in limbo, the fate of Maria’s Taco Xpress was revealed. The legendary Tex-Mex restaurant in South Austin was sold to a local investment firm for an undisclosed sum. Maria Corbalan, the restaurant’s owner and namesake, said in a press release that her staff will continue to serve customers until the end of the year.
“When I came to Austin as a young girl from Argentina, I fell in love with this city and its people. My restaurant has allowed me to touch so many lives over the years and I’m incredibly grateful for that, ”said Corbalan.
Corbalan has owned the restaurant since 1997 when it first started as a food trailer. In 2006, brick and mortar operations opened on 1.1 acres of prime real estate in South Austin.
Not only does Corbalan serve their extensive menu of tacos, enchiladas and famous migas plates, but they also pass on the Maria’s Taco Xpress name to their employees so that the brand can continue to exist.
“I will continue to serve everyone through the end of the year, and then I will give my 20-year-old employees the company name, equipment and a tag,” she said. “You have been amazing, especially in the last difficult times.” and I hope they can bring the same delicious tacos to Austin for years to come. The best gift the community can give me is helping my co-workers in their new endeavors. “
As for the future from 2529 S. Lamar Blvd. (and the larger than life statue of Corbalan on the site), which remains unknown. CBRE, the LA-based commercial real estate company that Corbalan represented in the sale, said the property is formally in contact. The transaction is expected to close in November.
The new owners are unknown, although a press release states that they are local. The real estate consultancy Weitzman Group is working with the new owners to secure a tenant.
Maria’s Taco Xpress is another long-running South Austin store that has closed in recent weeks. South Lamar’s quirky craft store, Bead It, closed on September 27 after nearly two decades on the South Lamar Strip.