Active Listing  ·  171 days on market

11811 Sleepy Hollow Rd

Manchaca, TX 78652
$549,000
3 Bed 2 Bath 1,808 sqft $304/sqft Built 1960 0.58 acres 2-Car Garage Pool San Leanna Estates

If you've been searching for a move-in-ready home near Austin but don't want to inherit someone else's renovation project, this fully remodeled home in **San Leanna, Texas** deserves your attention. Rebuilt **down to the studs**, it blends the clean lines and character of **mid-century modern design** with the confidence of modern construction. Located just minutes from **South Austin**, **Downtown Austin**, **IH-35**, **SH-71**, and **Austin-Bergstrom International Airport**, it offers an easy commute while benefiting from **San Leanna's lower property tax rate** compared to many nearby Austin neighborhoods.

This renovation focused on what matters most. The home features **spray foam insulation**, **all new electrical wiring and outlets**, **new drywall throughout**, **double-pane windows**, **new appliances**, **new garage door openers**, and durable **epoxy-coated front porch and garage floors**. These aren't just cosmetic improvements. They add comfort, energy efficiency, and long-term peace of mind for the next owner.

The layout and design make this an ideal fit for young families, first-time buyers, or anyone who wants a home that's ready to enjoy from day one. The bright interior, modern finishes, and timeless mid-century modern style create spaces that work just as well for busy weekday routines as they do for hosting friends and family on the weekend.

Finding a home with authentic character is one thing. Finding one that's been extensively rebuilt with today's standards while keeping that character is much harder. If you're looking for a thoughtfully renovated home near Austin with lower taxes and a location that keeps everything within reach, this is one you'll want to see in person.

At $304/sqft, this home is priced in line with the Manchaca market average of $305/sqft across 29 active listings. View Austin market report →

Location

11811 Sleepy Hollow Rd, Manchaca, TX 78652

Property Details

Price $549,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,808 sqft
Lot Size 0.58 acres (25,264.8 sqft)
Year Built 1960
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision San Leanna Estates
County Travis
Zip Code 78652
$/sqft $304/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,020.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221618569
List Date March 6, 2026
Elementary School Menchaca
Middle School Paredes
High School Akins
School District ,

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

Schedule a Call →

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 · March 6, 2026 $450,000
Previous ask $575,000
Current ask $549,000
Increased $99,000 (+22.0%) 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 Manchaca

Comparable Listings Right Now

Homes currently for sale in Manchaca 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
12709 Cholla Ln
Arroyo Doble Estates Sec 01
$575,000 $310 3 bd / 2 ba 1,852 sqft , 2026-08-12
610 Redbud Trl
San Leanna Estates
$615,000 $280 3 bd / 2 ba 2,197 sqft , 2026-08-04
1318 Jenkins Bnd
Summerrow
$434,000 $227 3 bd / 3 ba 1,910 sqft , 2026-04-02
606 Linares Ln
Enclave At Estancia Condominiu
$434,000 $210 4 bd / 3 ba 2,070 sqft , 2026-07-16
707 Allende Bnd
Enclave at Estancia
$414,000 $226 3 bd / 2 ba 1,833 sqft , 2026-07-21

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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (~2.1% TX avg)−$961
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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 →

Commute & Employment

Major Employers Near Manchaca, TX

Manchaca sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 16, 2026.

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