Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Wells Ln Manor, TX 78653

    Sponsored
    For Sale
    $12,000,000

    LAND - Manor, TX

    Lot size:
    240.00 Acres
    Days on Market:
    94
    Last Refresh:
    Feb 7 at 5:06 am

    Property Features for Wells Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    264064
    Lot size
    240.00 Acres

    We can help!

    Listing Contact
    Kaylee Sutton
    Kaylee Sutton

    Land Unlimited (512) 470-4237

    Listing agent Kaylee Sutton (512) 729-7139 License #0700093

    Listing date Nov 6, 2025

    MLS# 594966

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    240 Acres in Travis County

    This 240-acre property is located in Travis County, just outside the city limits of Manor and its ETJ. The land, previously used for farming, is positioned next to a major solar project. The property is mostly flat and usable, with less than 10% situated in the 100-year floodplain. Bisected by Wells Lane, the site offers approximately 2,700 feet of road frontage. Given its size, location, and access to infrastructure, the property is suitable for large-scale residential, mixed-use, or employment-based projects, such as a data center or corporate campus. It is located 10 minutes from Manor and 25 miles from downtown Austin.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Manor
    County
    Travis
    State
    Texas
    Longitude
    -97.5205
    Latitude
    30.352

    Nearby Similar for Sale

    • $1,650,000

      Historic Manor Property For Sale

      Central Texas historic treasure, perfect for event venue or B&B.
      709 Lexington St, Manor, TX 78653
      View Details
    • $950,000

      Highway Frontage Retail Opportunity

      Retail property with high traffic count on Highway 290.
      11019 Us Hwy 290 E, Manor, TX 78653
      View Details
    • $2,500,000

      Contractor Opportunity with Shop Space

      Shop space, equipment yard, and office/living quarters with highway access.
      14505 Cameron Rd, Manor, TX 78653
      View Details
    • Contact for pricing
      15,000 SF

      Industrial Property Near Highway Access

      Industrial property with quick access to major Texas highways.
      3127 E Howard Ln, Manor, TX
      View Details
    • $3,500,000

      Manor, TX Agricultural Property

      Agricultural property available for sale in Manor, TX.
      15911 Schmidt Loop, Manor, TX 78653
      View Details
    • $2,500,000
      10.10 Acres

      Manor Ranch: 10 Acres Prime Land

      Exceptional development opportunity near Samsung.
      16620 Fm Rd, Manor, TX 78653
      View Details
    • $4,750,000
      3,014 SF

      Manor, TX Commercial Land Investment

      41 Acres, Lakefront, High-Traffic Location
      15911 Schmidt Loop, Manor, TX 78653
      View Details
    • $2,990,000
      10.00 Acres

      Manor, TX Commercial Land Investment

      Ten acres, mixed-use potential, prime location.
      16230 Us 290 Hwy, Manor, TX 78653
      View Details
    • $2,600,000
      6,406 SF

      Manor Industrial Property - Huge Potential

      Spacious Shop, Yard, & Office - Owner Financing!
      14505 Cameron Rd, Manor, TX 78653
      View Details
    • $950,000
      1,100 SF

      Manor Hwy 290 Commercial Property

      High-traffic location, great investment opportunity.
      11019 Us Highway 290, Manor, TX 78653
      View Details
    • $12,000,000
      1,644 SF

      Manor, TX Mixed-Use Development

      80 Acres, High-Growth Potential, Pflugerville ETJ
      21265 Melber Ln, Manor, TX 78653
      View Details
    • $1,650,000
      3,778 SF

      Historic Manor Commercial Gem

      Texas landmark, 3778 sqft, 1.43 acres
      709 Lexington St, Manor, TX 78653
      View Details

    FAQs

    What type of property is this?
    Land - 240 acres near Manor, TX, ideal for large-scale development.
    Where is this land located?
    The property is located at Wells Ln Manor, TX.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: - 240 acres in Travis County, a large tract size rare for the area.; - Located just outside Manor city limits and ETJ, simplifying project approvals.; - Ideal for large-scale residential, mixed-use, or employment-based projects (data center, corporate campus).
    (512) 729-7139
    Request Owner's contact information
    Wells Ln Manor, TX 78653
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Wells Ln
    Manor, TX 78653
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Wells Ln Manor, TX 78653
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kaylee Sutton
    Kaylee Sutton
    Real Estate License ID: 700093
    (512) 729-7139
    Learn more
    Google sign-in failed. Please try again or use another login method.