$250,000

Property Overview

This corner lot investment opportunity in Downtown Manor, TX sits on a generous 5,000-square-foot parcel in the heart of a neighborhood experiencing rapid revitalization. The existing 2-bedroom, 1-bath structure, built in 1945, is offered AS IS and presents multiple pathways for value creation—whether through thoughtful renovation of the original frame home or exploring redevelopment potential on this well-positioned lot. With convenient access to Highway 290 and proximity to Manor's emerging shops, dining, and entertainment district, the property benefits from Manor's small-town charm while capturing momentum from new master-planned communities nearby.

Located within Manor ISD and steps from schools and local conveniences, 310 E Parsons Street appeals to investors, builders, and entrepreneurial homeowners seeking Austin-area opportunities with accessible entry points. The level lot, metal roof, vinyl fencing, and utilities already connected (water, sewer, electricity) streamline planning for future projects. This is raw potential in a growing corridor where Manor's continued expansion along the US 290 corridor continues to draw interest from those seeking authentic community character combined with real estate upside.

Vox Real Estate Insight

At $372 per square foot, this Downtown Manor property trades at a significant premium to the area median, reflecting its value as an investment parcel rather than a traditional residence—a distinction the Vox Real Estate team sees as critical for buyers evaluating development scenarios. Corner-lot positioning in an emerging downtown area, combined with Highway 290 accessibility, makes this acquisition target particularly compelling for investors monitoring Manor's trajectory as Austin's suburban footprint expands eastward.

Agent Description

Prime Investment Opportunity in Downtown Manor! Situated on a corner lot in the heart of Downtown Manor, this property offers outstanding potential for investors, builders, or buyers looking for their next project. The existing 2-bedroom, 1-bath home is being sold AS IS and is ready for renovation or redevelopment. Conveniently located near local shops, restaurants, schools, and with easy access to Hwy 290, this property is positioned in one of Manor's growing areas. Whether you're looking to restore the existing home or explore future possibilities, this is an opportunity you won't want to miss. Sold AS IS. Buyer to independently verify all information, including square footage, zoning, restrictions, and any intended use or development potential.

Neighborhood: Manor

This property is located in Manor, Austin, TX. The area is known for New Master-Planned Communities, Accessible Prices, Small-Town Charm, US 290 Access, Rapid Growth.

At $372/sqft, this listing is priced 119% above the Manor median of $170/sqft.

Property Details

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