Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Hibbs Ln. Manor, TX 78653

    View on Map
    Claim this Listing
    New
    For Sale
    $499,900

    LAND - Manor, TX

    Lot size:
    7.00 Acres
    Added:
    Apr 29, 2026
    Days on Market:
    6
    Last Refresh:
    May 4 at 7:06 pm

    Property Features for Hibbs Ln.

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    7.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Replat Proposal: ABS 1 SUR 22 ALEXANDER A ACR 7

    Utilities

    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Paige Morris

    Listing agent Paige Morris License #0825394

    Listing office eXp Realty - Austin 9600 Great Hills Trl, Ste 150W DR: Karen Richards, TX

    Listing date Apr 29, 2026

    MLS# 612463 Listing URL

    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.

    Overview

    7 Acres Near Austin Growth

    This 7-acre property is located just outside of Manor, Texas, offering a blend of privacy and convenience. The land features mature trees, open pasture, and scenic views. This versatile tract is suitable for building a custom home, placing a manufactured home, creating a weekend retreat, or investing in land near Austin's expanding growth corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Manor
    County
    Travis
    State
    Texas
    Longitude
    -97.474839
    Latitude
    30.299145

    Nearby Similar for Sale

    • $12,000,000

      240 Acres in Travis County

      Legacy farmland ready for development near Manor, Texas.
      Wells Lane, Manor, TX 78653
      View Details
    • $375,000
      784 SF

      Manor Land with Development Potential

      Land in Manor with mobile home and walking trail.
      18509 Blake Manor RD, Manor, TX 78653
      View Details
    • $2,500,000

      Manor, TX Commercial Land Opportunity

      8.26 acres of raw commercial land in Manor, TX.
      13614 Old Highway 20, Manor, TX 78653
      View Details
    • $699,500

      Manor Land For Sale

      Land available in Manor, Texas.
      14815 Johnson Road TRL, Manor, TX 78653
      View Details
    • $480,000

      1.5 Acre Manor Development Tract

      1.5 acre tract suitable for residential or commercial development.
      13118 FM1100, Manor, TX 78653
      View Details
    • Contact for pricing

      Manor, TX Development Opportunity

      19.98-acre development opportunity in fast-growing Manor, Texas.
      18410 FM 969, Manor, TX 78653
      View Details
    • Contact for pricing

      Land in Growing Austin MSA

      Land in a rapidly growing area near Austin, Texas.
      12010 FM 973, Manor, TX
      View Details
    • $2,850,000

      Land Ready for Development

      Land in Manor, Texas, ready for new development.
      13904 Old Hwy 20, Manor, TX
      View Details
    • $39,204,000,000

      Land For Sale in Manor

      Land available for purchase at 17211 Blake Manor Rd.
      17211 Blake Manor Rd, Manor, Texas 78653
      View Details
    • $10,110,648

      Manor, Texas Land Opportunity

      148 acres of land in Manor, Texas for sale.
      19519 Hog Eye Rd, Manor, TX
      View Details
    • $2,850,000

      7.87 Acres Industrial Development Land

      7.87 acres of land for industrial development.
      13904 Old Hwy 20, Manor, TX 78653
      View Details
    • $1,500,000

      Prime Corner Lot For Sale

      3-acre corner lot near Taylor Ln & Blake Manor Rd.
      18327 Blake Manor Rd, Manor, TX 78653
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Land near Austin for custom home or investment.
    Where is this agricultural land / farmland located?
    The property is located at Hibbs Ln. Manor, TX.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: 7‑acre property offers ample space and privacy.; Located just outside of Manor, Texas, providing convenient access to amenities.; Suitable for building a custom home or placing a manufactured home.
    (512) 269-7907
    We can help!
    Listing Contact
    Paige Morris
    Real Estate License ID: 0825394
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    Hibbs Ln., Manor, TX 78653
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!