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5400 E. Howard Ln - 4.54 Acres in NE Austin Opportunity Zone, ETJ

4.54 Acres of Commercial Land Offered at $2,650,000 in Manor, TX 78653

Investment Highlights

  • Located in an Opportunity Zone
  • Low 1.69% tax rate

Executive Summary

Introducing a prime commercial property spanning 4.54 acres at the northeast edge of Austin in Manor, Texas. Situated within Austin's ETJ just off the thriving corridor near East Parmer Lane, the location boasts proximity to major employers like Samsung, Tesla, Amazon, and Applied Materials. This high-traffic area is at the heart of Austin's rapid growth, with easy access to highways and surrounded by new housing developments such as the forthcoming Element apartment complex on the same stretch of Howard Lane. Being outside city limits within the ETJ means no city restrictions, further enhancing its appeal for investment and development opportunities amidst Northeast Austin and Manor's booming population. This site is located close to the upcoming Walmart Supercenter & Manor Crossing, which is set to include HEB, Home Depot, and 600 apartments. It is also centrally positioned between the $17B Samsung chip plant in Taylor and the Tesla Gigafactory, making it a highly sought-after investment opportunity in a rapidly developing area.

Property Facts

Price $2,650,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 4.54 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $2,650,000
Price Per AC $583,700
Lot Size 4.54 AC

Introducing a prime commercial property spanning 4.54 acres at the northeast edge of Austin in Manor, Texas. Situated within Austin's ETJ just off the thriving corridor near East Parmer Lane.

Description

Introducing a prime commercial property spanning 4.54 acres at the northeast edge of Austin in Manor, Texas. Situated within Austin's ET J just off the thriving corridor near East Parmer Lane, the location boasts proximity to major employers like Samsung, Tesla, Amazon, and Applied Materials. This high traffic area is at the heart of Austin's rapid growth, with easy access to highways and surrounded by new housing developments such as the forthcoming Element apartment complex. .

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
814421
Land Assessment
$395,525
Improvements Assessment
$0
Total Assessment
$395,525
  • Listing ID: 32207493

  • Date on Market: 6/21/2024

  • Last Updated:

  • Address: 5400 E. Howard Ln, Manor, TX 78653

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