Active Listing  ·  23 days on market

12300 Riprap Dr

Manor, TX 78653
$280,000
4 Bed 2 Bath 1,735 sqft $161/sqft Built 2018 0.20 acres 2-Car Garage Pool Stonewater

Welcome to 12300 Riprap Dr, a spacious single-story home tucked away on a corner lot in a cul-de-sac in the Stonewater community. This 4-bedroom, 2-bath home offers an open-concept layout with high ceilings and plenty of room to gather, entertain, or simply spread out. The kitchen opens seamlessly to the dining and living areas and features stainless steel appliances and generous workspace. The primary suite includes a walk-in closet and an oversized walk-in shower with custom tile. Out back, enjoy a large private yard backing to a greenbelt, complete with a shaded entertaining area, string lights, and a designated fire pit space—ready for evenings outside. A two-car garage and convenient single-story layout complete the home. The roof was replaced in June 2024 as well. Stonewater community amenities include a pool, playground, splash pad, and sport court, offering plenty to enjoy close to home.

At $161/sqft, this home is 19% below the Manor active market average of $200/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

12300 Riprap Dr, Manor, TX 78653

Property Details

Price $280,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,735 sqft
Lot Size 0.20 acres (8,855.75 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stonewater
County Travis
Zip Code 78653
$/sqft $161/sqft
Days on Market ,
HOA $124/Quarterly
Annual Tax Est. $7,768.62
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247468950
List Date September 29, 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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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 · September 29, 2026 $289,500
Current ask $280,000
▼ Reduced $9,500 (-3.3%) 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
11612 Andesite Rd
Stonewater Ph 7
$279,905 $137 4 bd / 2 ba 2,047 sqft , 2026-09-09
15116-A Afleet Alex St
PALOMINO
$280,200 $166 3 bd / 3 ba 1,690 sqft , 2026-07-02
15116-B Afleet Alex St
PALOMINO
$280,200 $166 3 bd / 3 ba 1,690 sqft , 2026-07-02
13712 Vigilance St
Presidential Meadows
$279,000 $142 3 bd / 3 ba 1,964 sqft , 2026-09-11
15017-B Afleet Alex St
PALOMINO
$278,685 $179 3 bd / 2 ba 1,557 sqft , 2026-06-30

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
$1,344/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
$56,000
20% conventional investment loan

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

Estimated Gross Rent+$1,344
Principal + Interest−$1,528
Property Tax (~2.1% TX avg)−$490
Insurance (~0.5%)−$117
Est. Monthly Cash Flow $-791

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 October 13, 2026.

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