Add Listing
    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

    12010 Fm 973 Manor, TX 78653

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land in a rapidly growing area near Austin, Texas.

    Lot size:
    3.00 Acres

    Property Features for 12010 Fm 973

    General Information

    Lot size
    3.00 Acres

    We can help!

    Listing Contact
    Imtiaz Ali
    Imtiaz Ali
    Source: Moodyscre

    Listing Agency: Alison Commercial Group @ KW Commercial Signature Listing Agent: Imtiaz Ali

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Land in Growing Austin MSA

    This property is located in one of the fastest-growing cities within the Austin Metropolitan Statistical Area and is projected to maintain its growth trajectory. The surrounding area features populated residential single-family homes, with additional residential developments planned. A Wal-Mart superstore-anchored retail hub is situated just north of the property at the intersection of FM973 and 290. Utilities are available to the site.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manor
    County
    Travis
    State
    Texas
    Longitude
    -97.5595377
    Latitude
    30.3350417

    Nearby Similar for Sale

    • $1,650,000

      Historic Manor Property For Sale

      Central Texas historic treasure in downtown Manor, suitable for events.
      709 Lexington St, Manor, TX 78653
      View Details
    • $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 Highway 290 E, Manor, TX 78653
      View Details
    • $1,229,500
      3,686 SF

      Manor Retail Property - 11 Acres

      Historic Texas retail space, 3,686 sq ft
      11228 Parsons 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
    • $2,600,000
      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
    • $3,500,000

      Manor, TX Agricultural Property

      Agricultural property available for sale in Manor, TX.
      15911 Schmidt Loop, 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
    • $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
    • $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
    • $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

    FAQs

    What type of property is this?
    Land - Land in a rapidly growing area near Austin, Texas.
    Where is this land located?
    The property is located at 12010 Fm 973 Manor, TX.
    What are key features of this property?
    This property features: - Located in a fast-growing city within the Austin MSA.; - Surrounded by existing and planned single-family homes.; - Utilities are available.
    (281) 599-7600 Call to check price and availability
    Request Owner's contact information
    12010 Fm 973 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.
    12010 Fm 973
    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
    12010 Fm 973 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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Imtiaz Ali
    Imtiaz Ali
    Real Estate License ID: 0728721
    (281) 599-7600 (512) 955-4292
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!