Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5400 Howard Ln Manor, TX 78653

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5400 Howard Ln Manor, TX 78653

    View on Map
    • Land
    • 4.54 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 5400 Howard Ln

    Lot size
    4.54 lot acres
    Property type
    Land

    Description

    This exceptional 4.54-acre commercial land parcel presents a compelling investment opportunity in Manor, Texas, situated within Austin's ETJ. Located at 5400 E Howard Ln, 78653, this property benefits from its strategic position near major employers including Samsung, Tesla, Amazon, and Applied Materials, along a thriving corridor near East Parmer Lane. The site enjoys high visibility and accessibility due to its proximity to major highways and is surrounded by significant residential growth, including a planned Element apartment complex on Howard Lane. The ETJ zoning offers freedom from city restrictions, maximizing development potential. Furthermore, the property's location near the upcoming Walmart Supercenter & Manor Crossing development (including HEB, Home Depot, and 600 apartments) and its central position between the Samsung chip plant in Taylor and the Tesla Gigafactory underscores its exceptional value. The asking price is $2,650,000, translating to $638,766 per acre. The land is available for immediate development, with no existing lease. This presents a rare chance to capitalize on the explosive growth of Northeast Austin and Manor.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Manor
    County
    Travis
    State
    Texas
    Longitude
    -97.6132
    Latitude
    30.3821

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      8315 Burleson Manor Rd

      Land • 1.00 Acre
      8315 Burleson Manor Rd, Manor, TX 78653
      View Details
    • Value Estimation by Request
      7.00 Acres

      8607 Burleson Manor Rd

      Warehouses • 7.00 Acres
      8607 Burleson Manor Rd, Manor, TX 78653
      View Details
    • Value Estimation by Request
      10.00 Acres

      18501 Blake Manor Rd

      Land • 10.00 Acres
      18501 Blake Manor Rd, Manor, TX 78653
      View Details
    • Value Estimation by Request
      1.00 Acre

      8607 Burleson Manor Rd

      Warehouses • 1.00 Acre
      8607 Burleson Manor Rd, Manor, TX 78653
      View Details
    • Value Estimation by Request
      1.20 Acres

      11032 Us-290

      Land • 1.20 Acres
      11032 Us-290, Manor, TX 78653
      View Details
    • Value Estimation by Request
      37.09 Acres

      16925 Hamilton Point Cir

      Land • 37.09 Acres
      16925 Hamilton Point Cir, Manor, TX 78653
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale.
      16525 Fm 973, Manor, TX 78653
      View Details
    • $3,999,945

      Land Parcel in Manor, Texas

      Land available near N FM 973 Rd, Manor, TX 78653
      17726 N Fm 973, Manor, TX 78653
      View Details
    • Contact for pricing

      Land For Sale in Manor

      Land available for purchase at 17211 Blake Manor Rd.
      17211 Blake Manor Rd, Manor, TX 78653
      View Details
    • Contact for pricing

      Land on Blake Manor Road

      Land available at the corner of Blake Manor and Taylor.
      18501 Blake Manor Rd, Manor, TX 78653
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Workshop with Acreage for Rent

      Workshop with 1 acre of land available for rent.
      8315 Burleson Manor Rd, Manor, TX 78653
      View Details
    • Contact for pricing

      Unrestricted Land Near Tesla Campus

      Unrestricted land available for lease near the new Tesla campus.
      18901 Hog Eye Rd, Manor, TX 78653
      View Details
    • Contact for pricing

      Land For Lease

      Land available for lease.
      11032 Us Highway 290, Manor, TX 78653
      View Details
    • Contact for pricing

      Unrestricted Lot in Austin ETJ

      Unrestricted lot available for parking, RV, or manufactured home.
      18247 Blake Manor Rd, Manor, TX 78653
      View Details
    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.
    5400 Howard Ln
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!