About This Home

Beautiful Manor home for sale in the Briarcreek community. Close to the Golf Country Club, Shopping, and only 15 minutes to downtown Austin. This homes has gorgeous paint throughout andbrand new flooring. An expansive backyard allows for outside entertaining, gardening, and dining. Sporting 3 bedrooms and 2 baths your sure to get everything you need from this wonderful home and community. A separate two car garage can act as a gym or workshop.

At $173/sqft, this home is 16% below the Manor active market average of $207/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

11512 Melstone Dr, Manor, TX 78653

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Property Details

Price $224,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,300 sqft

Lot Size 0.15 acres (6,664.68 sqft)

Year Built 2004

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Briarcreek Sec 03

County Travis

Zip Code 78653

$/sqft $173/sqft

Days on Market ,

HOA $29/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT213774435

List Date December 9, 2025

Elementary School Blake Manor

Middle School Manor (Manor ISD)

High School Manor

School District ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of Manor and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · December 9, 2025 $239,900

Previous ask $229,900

Current ask $224,900

▼ Reduced $15,000 (-6.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Manor

Comparable Listings Right Now

Homes currently for sale in Manor with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

12517 Briarcreek Loop
Briarcreek $224,990 $158 3 bd / 3 ba 1,422 sqft , 2026-07-23

11809 Briarcreek Loop
Briarcreek Sec 01 $229,000 $176 3 bd / 2 ba 1,300 sqft , 2026-08-19

18217 Flathead Dr
Briarcreek Sec 04 $232,200 $179 3 bd / 2 ba 1,300 sqft , 2026-08-06

17808 Golden Valley Dr
Briarcreek Sec 05 $235,000 $149 3 bd / 2 ba 1,579 sqft , 2026-08-10

12917 Briarcreek Loop
Briarcreek Sec 02 $240,000 $180 3 bd / 3 ba 1,332 sqft , 2026-08-04

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$1,080/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$44,980

20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,080

Principal + Interest−$1,227

Property Tax (~2.1% TX avg)−$394

Insurance (~0.5%)−$94

Est. Monthly Cash Flow $-635

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 11, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

11512 Melstone Dr

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Manor, TX

More Luxury Homes in Manor

11512 Melstone Dr

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Manor, TX

More Luxury Homes in Manor

Explore Austin Real Estate