Active Listing  ·  191 days on market

20008 Schatz Way

Manor, TX 78653
$404,990
5 Bed 3 Bath 2,781 sqft $146/sqft Built 2026 0.17 acres 2-Car Garage Pool New Construction Carillon

Experience elevated living in this stunning Lavon plan - a spacious and large 2 story home with 5-bedrooms and 3- full bathrooms. Located on a corner lot, this home has room for everyone to spread out. The bright, open layout features a chef-inspired kitchen with granite countertops, stainless appliances, and a large island overlooking the spacious family room. The owner's bathroom has spa-style luxury with a double sinks and a separate oversized walk-in shower. This home has a separate area for guests with their own bathroom. Enjoy outdoor living on the covered patio. Located in the Carillon community within Manor ISD, close to shopping, dining, and major commuter routes.

At $146/sqft, this home is 29% 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

20008 Schatz Way, Manor, TX 78653

Property Details

Price $404,990
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,781 sqft
Lot Size 0.17 acres (7,492.32 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Carillon
County Travis
Zip Code 78653
$/sqft $146/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT219314425
List Date February 13, 2026
Elementary School Presidential Meadows
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
19812 Hubert R Humphrey Rd
PRESIDENTIAL GLEN
$400,000 $180 4 bd / 3 ba 2,222 sqft , 2026-08-12
20413 Gillbrand Rd
Carillon
$409,990 $164 4 bd / 3 ba 2,500 sqft , 2026-05-06
20228 Tester St
CARILLON
$391,990 $154 4 bd / 3 ba 2,546 sqft , 2026-08-06
20328 Gillbrand Rd
Carillon
$389,990 $142 5 bd / 3 ba 2,740 sqft , 2026-07-26
20601 Stelfox St
Manor Heights Ph 2 Sec 1A
$420,000 $138 5 bd / 4 ba 3,046 sqft , 2026-07-30

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
$1,944/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
$80,998
20% conventional investment loan

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

Estimated Gross Rent+$1,944
Principal + Interest−$2,210
Property Tax (~2.1% TX avg)−$709
Insurance (~0.5%)−$169
Est. Monthly Cash Flow $-1,144

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 14, 2026.

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