Active Listing  ·  42 days on market

12115 Walter Vaughn Dr

Manor, TX 78653
$235,000
3 Bed 3 Bath 1,743 sqft $135/sqft Built 2015 0.11 acres 2-Car Garage Pool Stonewater Ph 6

Manor is hitting its stride with a wave of new retail and everyday conveniences, including H-E-B, Home Depot, T.J. Maxx, Burlington, Five Below, and James Avery at Manor Crossing. Local favorites like Good Luck Grill and Cafe 290 keep the small-town charm alive, while quick access to Austin, Pflugerville, and Elgin via 290 and 130 makes Stonewater an ideal spot for buyers seeking convenience, connection, and a community on the rise. This property needs cosmetic attention and repairs, offering a great opportunity for a buyer to make it their own.

The Seller will begin the short-sale process once an acceptable offer is obtained. The lienholder determined the final list price based on its appraisal, and contract acceptance will depend on the lienholder's approval. The Buyer should anticipate the extended timeline typical of short-sale transactions.

At $135/sqft, this home is 35% 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

12115 Walter Vaughn Dr, Manor, TX 78653

Property Details

Price $235,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,743 sqft
Lot Size 0.11 acres (4,800.31 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stonewater Ph 6
County Travis
Zip Code 78653
$/sqft $135/sqft
Days on Market ,
HOA $124/Quarterly
Annual Tax Est. $6,854.53
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238591540
List Date July 11, 2026
Elementary School Manor
Middle School Manor (Manor ISD)
High School Manor
School District ,

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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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
19912 Woodrow Wilson St
Presidential Heights Ph 5
$239,000 $174 3 bd / 3 ba 1,372 sqft , 2026-05-21
13637 Abraham Lincoln St
Presidential Meadows Sec 6
$247,500 $188 3 bd / 2 ba 1,314 sqft , 2026-05-22
19504 Andrew Jackson St
Presidential Glen Ph 7
$249,000 $176 3 bd / 3 ba 1,416 sqft , 2026-04-24
12113 Stoneridge Gap Ln
Stonewater Ph 3
$250,000 $182 3 bd / 2 ba 1,370 sqft , 2026-07-05
19416 Andrew Jackson St
Presidential Glen Ph 7
$250,000 $177 3 bd / 3 ba 1,416 sqft , 2026-07-16

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
$1,128/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
$47,000
20% conventional investment loan

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

Estimated Gross Rent+$1,128
Principal + Interest−$1,282
Property Tax (~2.1% TX avg)−$411
Insurance (~0.5%)−$98
Est. Monthly Cash Flow $-663

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 Manor, TX

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

Tesla Gigafactory 15 min W
Samsung Austin Semiconductor 20 min NW
Austin-Bergstrom Airport 20 min SW

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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 July 31, 2026.

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