Manor Investment Real Estate

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MLS Areas: MA

Zip Codes: 78653

Boundaries: Close proximity to North Austin, situated on Hwy 290 east of SH 130 and I-35, 15 miles northeast of Austin

Why is Manor appealing to Investors?

The Manor area is might be considered one of the few places around Austin that offers the possibility for investors to “get in on the ground floor” because of it’s rapidly changing development.

The location of Manor is ideal to everywhere. With the extension of HWY 290 Tollway, the 15 miles to downtown Austin, now only takes 10 minutes. Austin-Berstrom International Airport and Circuits of America are only 20-25 minutes south, while Samsung, Applied Materials, and other major employers are a mere 5-15 minutes west.

Within the city limits of Manor, the population jumped from 1,200 residents in 2000 to almost 6,000 in 2015. What is interesting is that 3 of the major subdivisions are not included in the city limits number. If you consider a five-mile radius outside the city limits, that number dramatically increases to over 15,000.

Between 2013 and 2015, major developers such as Walmart, AutoZone, McDonalds, Subway, Dominos have open their doors. In 2015 other major developers including H.E.B. Grocery, Walgreens, and CVS Pharmacy have already broken ground and should be completed in 2016.

At $65,00+, the estimated median household income in Manor is well above the $52,000 average for Texas.

Tenant Base

Young and older professionals, young families, and retirees.

For more information, contact the Monte Davis Realty Group 512-686-3418