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    13111 Old Highway 20 Manor, TX 78653

    Sponsored
    For Sale
    $13,180,950

    Exceptional 155-acre tract, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This remarkable 155.07-acre property in Manor, Texas (Travis County, zip code 78653) presents an unparalleled investment opportunity. Located at 13111 Old Hwy 20, this land boasts significant advantages for commercial, industrial, and residential development. The asking price is $13,180,950, translating to $85,000 per acre. The property is zoned ETJ (Extraterritorial Jurisdiction) within Austin's ETJ, with potential for annexation into the City of Manor under Senate Bill 2038. A key feature is approximately 2,700 feet of railroad frontage, with preliminary WATCO approval for rail access. Old Highway 20, the adjacent frontage road, is slated for expansion to 4 or 5 lanes, as indicated on the City of Manor's Thoroughfare Map. Conveniently located across Old Highway 20 are an 8-inch water line and a 12-inch sewer line, while electric service is readily available nearby. The property is adjacent to new developments, including major manufacturers, further enhancing its potential. Prospective buyers are advised to conduct their own due diligence regarding development potential. This is a rare chance to acquire a substantial land parcel in a rapidly growing area.

    Property Features for 13111 Old Highway 20

    General Information

    Property type
    Land
    Lot Size
    6,754,849 SF

    HighLights

    • Near new developments and major manufacturers.
    • Austin ETJ location with potential annexation to the City of Manor.
    • Equipped with 8" water and 12" sewer lines.
    • Features approximately 2,700 feet of rail frontage.
    • Benefits from the Old Highway 20 road expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Manor
    County
    Travis
    State
    Texas
    Longitude
    -97.524001
    Latitude
    30.334196

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    FAQs

    What type of property is this?
    Land - Exceptional 155-acre tract, prime location.
    Where is this land located?
    The property is located at 13111 Old Highway 20 Manor, TX.
    What is the asking price?
    The asking price for this property is $13,180,950.
    What are key features of this property?
    This property features: Near new developments and major manufacturers.; Austin ETJ location with potential annexation to the City of Manor.; Equipped with 8" water and 12" sewer lines.
    Request Owner's contact information
    13111 Old Highway 20 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
    13111 Old Highway 20 Manor, TX 78653
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