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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.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 12.71 AC
Opportunity Zone Yes

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
236978
Land Assessment
$217,598
Improvements Assessment
$826,929
Total Assessment
$1,044,527

zoning

Zoning Code A (This district is intended to preserve the larger tracts of land for future economic development in accordance with the master plan.)
A (This district is intended to preserve the larger tracts of land for future economic development in accordance with the master plan.)
  • Listing ID: 29421283

  • Date on Market: 9/1/2023

  • Last Updated:

  • Address: 14719 E US Highway 290, Manor, TX 78653

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