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    16620 Fm Rd Manor, TX 78653

    Sponsored
    For Sale
    $2,500,000

    Exceptional development opportunity near Samsung.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This expansive 10.1-acre ranch property presents a remarkable investment opportunity in Manor, Texas. Situated on FM Road 973, near the intersection of New Sweden Church Road, this mostly cleared and level land boasts a tranquil setting with a mature tree stand, a meandering creek, and a stock tank. Its location within the ETJ (Extraterritorial Jurisdiction) of Manor offers considerable flexibility for diverse development projects, catering to both commercial and residential ventures. The property benefits from convenient access to the burgeoning amenities of Manor and the recently expanded New Sweden Road. Furthermore, its proximity to Samsung's campus in Taylor (approximately 10 miles) adds significant appeal. The seller is actively working with Manville and Aqua WSC to facilitate the installation of a 1-inch water line, ensuring future utility access. A TxDOT-approved curb cut onto FM 973 is already in place, streamlining access and development plans. This exceptional property is ideally positioned to capitalize on the substantial growth projected for the area, making it an unparalleled investment prospect. The property's natural features combined with its strategic location create a unique blend of tranquility and development potential.

    Property Features for 16620 Fm Rd

    General Information

    Property type
    Agricultural properties
    Lot Size
    439,956 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Manor
    County
    Travis
    State
    Texas
    Longitude
    -97.51297
    Latitude
    30.40909

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    FAQs

    What type of property is this?
    Agricultural property - Exceptional development opportunity near Samsung.
    Where is this agricultural property located?
    The property is located at 16620 Fm Rd Manor, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (512) 575-3644
    Request Owner's contact information
    16620 Fm Rd Manor, TX 78653
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    Manor, TX 78653
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    Realmo Value Estimation

    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.

    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.

    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
    16620 Fm Rd Manor, TX 78653
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