11228 Parsons Rd Manor, TX 78653
This exceptional 3,686 square foot retail property, situated on over 11 acres in Manor, Texas, presents a unique investment opportunity. Built in 1906, this two-story building boasts a rich history, meticulously preserved and updated with modern amenities. The main structure features original long-leaf pine flooring, high ceilings, a stunning original staircase, a fireplace, and antique lighting. A remodeled kitchen with modern appliances complements the historic charm. The primary bedroom includes original beadboard walls, abundant natural light, and an en-suite bathroom with an antique clawfoot tub, dual vanities, and a spacious steam shower. Two additional guest rooms and a shared bath are located upstairs. The property also includes a two-car garage, thoughtfully designed as a workshop with cabinets, ample counter space, a stainless steel sink, and a full bathroom. Above the garage is a spacious apartment featuring a full kitchen, bathroom, and room for a king-sized bed. The expansive grounds feature two stocked ponds (bass, bluegill, and catfish), believed to be 15-20 feet deep, providing a tranquil setting. A wraparound porch offers shade and views of the ponds. Conveniently located approximately 20 miles from downtown Austin and 17 miles from Austin-Bergstrom International Airport, this property offers a blend of historical significance and modern convenience, with easy access to Manor's amenities. This is a rare chance to acquire a piece of Central Texas history with significant potential. The asking price is $1,229,500.
Cap rate
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