Active Listing  ·  43 days on market

12117 Greywacke Dr

Manor, TX 78653
$289,000
3 Bed 2 Bath 1,521 sqft $190/sqft Built 2017 0.12 acres 2-Car Garage Pool STONEWATER PHS 3

Welcome to this energy-efficient home situated on a desirable corner lot in the sought-after Stonewater community of Manor, with neighbors on only one side for added privacy. Offering exceptional value, a functional layout, and fantastic neighborhood amenities, this home is an excellent opportunity for first-time buyers, investors, or anyone looking for an affordable place to call home. Inside, you'll find a bright, open-concept floor plan where the kitchen flows seamlessly into the spacious living area, creating an inviting space that's perfect for everyday living and entertaining. Abundant natural light enhances the home's warm and welcoming feel throughout. The practical layout features three comfortable bedrooms and two full bathrooms, providing flexibility for families, guests, or a home office. Move in and enjoy the home as it is, or personalize it over time with updates that reflect your style. Located in the rapidly growing Manor area, Stonewater residents enjoy access to shopping, dining, parks, and major roadways for an easy commute. Combining affordability, energy efficiency, and a highly functional floor plan, this home delivers outstanding value and is a must-see for buyers looking to maximize their investment.

At $190/sqft, this home is 8% 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

12117 Greywacke Dr, Manor, TX 78653

Property Details

Price $289,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,521 sqft
Lot Size 0.12 acres (5,201.06 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision STONEWATER PHS 3
County Travis
Zip Code 78653
$/sqft $190/sqft
Days on Market ,
HOA $124/Quarterly
Annual Tax Est. $7,762.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238287604
List Date July 10, 2026
Elementary School ShadowGlen
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
19408 Andrew Jackson St
Presidential Glen Ph 7
$289,000 $151 4 bd / 2 ba 1,920 sqft , 2026-08-04
19012 Rushmore St
Presidential Mdws Sec 11
$290,000 $173 3 bd / 2 ba 1,678 sqft , 2026-04-23
15017-A Afleet Alex St
PALOMINO
$286,990 $184 3 bd / 2 ba 1,557 sqft , 2026-06-30
14204 Theodore Roosevelt St
Presidential Mdws Sec 10
$285,000 $211 3 bd / 2 ba 1,352 sqft , 2026-07-17
15100-A Afleet Alex St
PALOMINO
$294,990 $175 3 bd / 3 ba 1,690 sqft , 2026-05-19

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
$1,387/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
$57,800
20% conventional investment loan

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

Estimated Gross Rent+$1,387
Principal + Interest−$1,577
Property Tax (~2.1% TX avg)−$506
Insurance (~0.5%)−$120
Est. Monthly Cash Flow $-816

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 30, 2026.

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