Active Listing  ·  65 days on market

2005 Garretts Way

Manchaca, TX 78652
$370,000
3 Bed 3 Bath 1,975 sqft $187/sqft Built 2017 0.17 acres 2-Car Garage Pool Hills Of Bear Creek

Lovely home with nice yard and covered front and back porches that provide a homey atmosphere. Modern design presents a spacious Living Room downstairs, open to the Kitchen and dining area. The Kitchen island offers room for casual dining if desired. The Primary BR is conveniently and privately located on the main floor. Upstairs you'll find a large Game Room that could be used as a Home Office or a Media Room. The neighborhood amenities include a community pool, a pavilion, a playground, disc-golf--lots of fun waiting for you! Mary Moore Seawright Park is very close for more things to get into! Lots of great restaurants to check out in the S Austin, Buda, and Kyle areas, too!

At $187/sqft, this home is 34% below the Manchaca active market average of $285/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2005 Garretts Way, Manchaca, TX 78652

Property Details

Price $370,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,975 sqft
Lot Size 0.17 acres (7,230.96 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hills Of Bear Creek
County Travis
Zip Code 78652
$/sqft $187/sqft
Days on Market ,
HOA $62/Monthly
Annual Tax Est. $7,132
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242322691
List Date August 4, 2026
Elementary School Menchaca
Middle School Paredes
High School Akins
School District ,

Luke Allen (TREC #788149) has deep knowledge of Manchaca 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 · August 4, 2026 $395,000
Previous ask $375,000
Current ask $370,000
▼ Reduced $25,000 (-6.3%) 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 Manchaca

Comparable Listings Right Now

Homes currently for sale in Manchaca 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
2013 Jim Craig Ct
Rancho Alto Ph 02
$370,000 $230 4 bd / 2 ba 1,612 sqft , 2026-09-25
1209 Falconer Way
Summerrow HOA
$369,990 $216 3 bd / 3 ba 1,710 sqft , 2026-07-11
1300 Falconer Way
Summerrow
$365,000 $219 3 bd / 3 ba 1,667 sqft , 2026-08-05
11904 Dispatch Way #62
SummerRow
$362,500 $202 3 bd / 3 ba 1,798 sqft , 2026-10-06
11816 Dave Silk Dr
Rancho Alto Ph 01
$378,000 $206 4 bd / 3 ba 1,836 sqft , 2026-05-23

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
$1,776/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
$74,000
20% conventional investment loan

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

Estimated Gross Rent+$1,776
Principal + Interest−$2,019
Property Tax (~2.1% TX avg)−$648
Insurance (~0.5%)−$154
Est. Monthly Cash Flow $-1,045

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 Manchaca, TX

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

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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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 September 28, 2026.

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