14719 E US Highway 290 12.71 Acres of Commercial Land in Manor, TX 78653
INVESTMENT HIGHLIGHTS
- Opportunity Zone
- Mid Way Between Manor and Elgin, all East of Austin
- No Flood Zone
EXECUTIVE SUMMARY
Promising Opportunities
Manor, Texas could be one of the most overlooked areas within the Austin metro, yet it could offer some of the most profitable long-term opportunities. This indicates a potential for growth and investment returns.
Real Estate Appreciation
Neighborhood Scout reports Manor's real estate has appreciated 140.99% over the last ten years, and it is within the top 10% nationwide for real estate appreciation. The average yearly appreciation rate stands at 9.19%, which would provide a strong return on investment (ROI) for developers.
Fast Growing City
The city has been growing quickly as indicated by approvals for new housing as well as hundreds of apartments in development. This growth can present opportunities for further development and high demand for property.
Expansion of Commercial Facilities
ABJ has published the sentiments of the city also seeking commercial growth with the development of new retail spaces including a potential H-E-B and Home Depot. This would likely increase local property values and attract more people to the area, benefiting investors.
Buyer to independently verify all information.
Manor, Texas could be one of the most overlooked areas within the Austin metro, yet it could offer some of the most profitable long-term opportunities. This indicates a potential for growth and investment returns.
Real Estate Appreciation
Neighborhood Scout reports Manor's real estate has appreciated 140.99% over the last ten years, and it is within the top 10% nationwide for real estate appreciation. The average yearly appreciation rate stands at 9.19%, which would provide a strong return on investment (ROI) for developers.
Fast Growing City
The city has been growing quickly as indicated by approvals for new housing as well as hundreds of apartments in development. This growth can present opportunities for further development and high demand for property.
Expansion of Commercial Facilities
ABJ has published the sentiments of the city also seeking commercial growth with the development of new retail spaces including a potential H-E-B and Home Depot. This would likely increase local property values and attract more people to the area, benefiting investors.
Buyer to independently verify all information.
PROPERTY FACTS
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 12.71 AC |
| Opportunity Zone |
Yes |
| Zoning | A - This district is intended to preserve the larger tracts of land for future economic development in accordance with the master plan. |
1 LOT AVAILABLE
Lot
| Lot Size | 12.71 AC |
ABS 154 SUR 52 CALDWELL A C ACR 12.7100
DESCRIPTION
Located on E Hwy 290 mid way between Manor and Elgin with approximately 498ft of Frontage 6 Structures on property with short term leases. Houses can be left or removed with sale. Opportunity Zone NO Flood Zone Includes Billboard
1 of 1
PROPERTY TAXES
| Parcel Number | 236978 | Improvements Assessment | $1,183,261 CAD |
| Land Assessment | $311,363 CAD | Total Assessment | $1,494,624 CAD |
