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Manor, TX Multifamily Home for Sale

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    $650,000

    • 8 Beds
    • 4.5 Baths
    • 2,307 Sq Ft

    101 S Lockhart St, Manor, TX 78653

    Hidden Gem on Booming Manor downtown. Great cash flow investment property. Seller consider selling together with adjacent SFR[MLS# 5529581], Unit #D is referring to back side land can use for RV parking - Utilities are ready to hook-up. OWNER FINANCING AVAILABLE. Manor has a very strong renters market.Close to Tesla's $10B Giga factory and 15 miles to Samsung's $17B chip making plant.

    Giby Parackal PSG Real Estate Services LLC

    101 S Lockhart St, Manor, TX 78653

Why Live in Manor

Manor, TX, a small but rapidly growing city in northeast Travis County, is becoming a popular choice for first-time homebuyers and tech commuters due to its proximity to Austin, just 20 miles away. The city has seen significant residential development, with master-planned subdivisions like Lagos and ShadowGlen featuring large single-family homes. Manor's population has surged to 20,000, driven by its affordability compared to nearby cities like Austin and Pflugerville. The city is strategically located along US Highway 290, with improved accessibility thanks to State Highway 130 and the extended Parmer Lane, facilitating commutes to major tech employers such as Samsung and Tesla.

Manor features several parks and recreational trails, including the 273-acre East Metropolitan Park and the newly completed Austin to Manor Trail, which connects to the Southern Walnut Creek Greenbelt Trail. Jennie Lane Park hosts community events like the farmers market and Christmas in the Park. The small downtown area, centered around Old Highway 20 and Lexington Street, offers local events such as ManorPalooza and a Christmas tree lighting. For more extensive shopping and dining options, residents often travel 12 miles west to Stone Hill Town Center.

Manor Independent School District includes Manor New Tech High School, which focuses on STEM education. The city's crime rates are generally lower than state and national averages, with violent crime decreasing, though property crimes like larceny and motor vehicle theft have seen a slight increase. Manor's climate includes high summer temperatures and occasional weather events like tornadoes and wildfires due to its location in the Blackland Prairie.

Home Trends in Manor, TX

Housing Trends

Median Sale Price
$283,510
Median Single Family Sale Price
$283,510
Median Townhouse Sale Price
$299,990
Average Price Per Sq Ft
$226
Number of Homes for Sale
92
Last 12 months Home Sales
2,027
Months of Supply
0.50
Median List Price
$289,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-23%
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