Active Listing  ·  441 days on market

303 W Lane Ave

Manor, TX 78653
$420,000
4 Bed 3 Bath 2,189 sqft $192/sqft Built 2025 0.13 acres 2-Car Garage Pool New Construction Manor Town

NO HOA + 2025 CONSTRUCTION! Welcome to 303 W Lane Ave in Manor, offering 4 bedrooms 3 full bathrooms and 2,189 sq ft of thoughtfully designed living space with TWO bedrooms conveniently located on the main level.

The open-concept layout features high ceilings, abundant natural light and a modern kitchen with quartz countertops, upgraded appliances and plenty of space for everyday living and entertaining. The primary suite is located downstairs along with a second main-level bedroom, offering added flexibility for guests, a home office or multigenerational living.

Outside, enjoy a privacy-fenced and landscaped yard, automatic sprinkler system and paved patio ready for relaxing or entertaining. Additional features include an attached 2-car garage with automatic opener, double-pane windows and modern finishes throughout.

Conveniently located near HWY 290 with access to shopping, dining, and Austin-area amenities. Move-in ready and NO HOA. Schedule your showing today!

At $192/sqft, this home is 7% 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

303 W Lane Ave, Manor, TX 78653

Property Details

Price $420,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,189 sqft
Lot Size 0.13 acres (5,749.92 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Manor Town
County Travis
Zip Code 78653
$/sqft $192/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $2,341
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT198963860
List Date June 7, 2025
Elementary School Lagos
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 · June 7, 2025 $469,500
Previous ask $430,000
Current ask $420,000
Reduced $49,500 (-10.5%) 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
16812 Bustillos Pass
Lagos
$390,470 $196 4 bd / 2 ba 1,991 sqft , 2026-05-20
13101 Zumpango Trce
Lagos
$450,000 $159 5 bd / 4 ba 2,836 sqft , 2026-08-06
13304 Cuchillo Path
Lagos
$455,970 $166 5 bd / 4 ba 2,751 sqft , 2026-06-30
16825 Edwin Reinhardt Dr
Shadowglen Ph 1 Sec 9
$460,000 $171 4 bd / 4 ba 2,694 sqft , 2026-05-26
303 W Browning St
Manor Town
$375,000 $227 3 bd / 2 ba 1,654 sqft , 2026-04-09

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
$2,016/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
$84,000
20% conventional investment loan

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

Estimated Gross Rent+$2,016
Principal + Interest−$2,292
Property Tax (~2.1% TX avg)−$735
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,186

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 22, 2026.

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