Active Listing  ·  88 days on market

16825 Edwin Reinhardt Dr

Manor, TX 78653
$460,000
4 Bed 4 Bath 2,694 sqft $171/sqft Built 2020 0.19 acres 2-Car Garage Pool Shadowglen Ph 1 Sec 9

Not every master-planned community actually delivers. ShadowGlen does.

Most neighborhoods throw the word "amenities" around loosely. ShadowGlen backs it up — an 18-hole golf course, a four-acre water park with two pools and a splash pad, seven miles of trails through 200 acres of native woodland, and a 4,300-square-foot amenity center with a full fitness facility. ShadowGlen Elementary sits right inside the community. This is the kind of neighborhood people stay in for decades.

The home itself is a Perry Home — and that matters. Built in 2020 with modern finishes throughout, this two-story open-concept design leads with a soaring two-story living area anchored by high windows that pour natural light through the entire main level. Upstairs, a second living space opens directly to the room below — a layout that gives kids their own zone without cutting the family off from each other. White, light, and clean from top to bottom.

Four bedrooms, 3.5 bathrooms, and a covered back patio that's ready for an outdoor kitchen and built for Central Texas entertaining. The solar panel system and Tesla Powerwall battery are already in place — energy costs are locked in from day one.

Corner lot. 2020 build. Solar + Tesla Powerwall. One of Central Texas's best master-planned communities. And just off Hwy 290 — Downtown Austin, Tesla, Dell, and Google all within 16 miles.

For questions or to schedule a showing, contact Jeff Miller — Greater Than Austin Real Estate.

At $171/sqft, this home is 17% 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

16825 Edwin Reinhardt Dr, Manor, TX 78653

Property Details

Price $460,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,694 sqft
Lot Size 0.19 acres (8,167.5 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shadowglen Ph 1 Sec 9
County Travis
Zip Code 78653
$/sqft $171/sqft
Days on Market ,
HOA $240/Quarterly
Annual Tax Est. $12,183.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231416147
List Date May 26, 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.

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 · May 26, 2026 $549,950
Previous ask $499,950
Current ask $460,000
Reduced $89,950 (-16.4%) 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
14505 Kira Ln
ShadowGlen
$450,000 $202 3 bd / 2 ba 2,224 sqft , 2026-07-23
14421 Kira Ln
SHADOWGLEN PHS 2
$475,000 $189 4 bd / 3 ba 2,513 sqft , 2026-01-16
17613 Pepperwood Cv
ShadowGlen
$489,500 $163 5 bd / 3 ba 3,000 sqft , 2026-05-14
16712 Rakesh Way
ShadowGlen
$499,900 $200 3 bd / 3 ba 2,504 sqft , 2026-03-26
17817 Clairess Ln
Shadowglen Ph 2 Sec 23A
$499,900 $225 4 bd / 3 ba 2,224 sqft , 2026-07-23

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
$2,208/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
$92,000
20% conventional investment loan

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

Estimated Gross Rent+$2,208
Principal + Interest−$2,510
Property Tax (~2.1% TX avg)−$805
Insurance (~0.5%)−$192
Est. Monthly Cash Flow $-1,299

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 August 18, 2026.

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