Active Listing  ·  7 days on market

4907 Manchester Cir

Austin, TX 78745
$365,000
3 Bed 2 Bath 1,008 sqft $362/sqft Built 1969 0.16 acres 1-Car Garage Pool Greenwood Hills Sec 05

Welcome to this stunning South Austin gem, situated a short walk from the bustling St. Elmo district with seamless access to Hwy 290 and I-35. Thoughtfully refreshed from top to bottom, this move-in-ready home boasts a brand-new roof, fresh interior and exterior paint, new light fixtures, and handsome real bamboo wood flooring throughout. The kitchen comes fully equipped with all functional appliances included, complemented by modern comforts like a Nest smart thermostat. Outside, enjoy newly installed landscaping on a generous 0.165-acre lot. The spacious backyard features a covered pergola patio and serves as a blank canvas with plenty of room to add a private pool, a secondary ADU, or your ultimate outdoor oasis.

At $362/sqft, this home is 7% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4907 Manchester Cir, Austin, TX 78745

Property Details

Price $365,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths 1
Living Area 1,008 sqft
Lot Size 0.16 acres (7,165.62 sqft)
Year Built 1969
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Greenwood Hills Sec 05
County Travis
Zip Code 78745
$/sqft $362/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,783.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244739624
List Date October 1, 2026
Elementary School Galindo
Middle School Mendez
High School Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin 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 Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
408 Blueberry Hl
Flournoys Sweetbriar Sec 11
$375,000 $380 3 bd / 2 ba 988 sqft , 2026-06-05
5413 Blue Bird Ln #2
Blue Bird Condominiums
$379,000 $367 2 bd / 3 ba 1,032 sqft , 2026-09-08
407 Tamworth Ave
Greenwood Hills Sec 04
$379,900 $397 3 bd / 2 ba 956 sqft , 2026-09-28
4361 S Congress Ave #636
Public Condos Bldg 3
$350,000 $324 2 bd / 2 ba 1,081 sqft , 2025-06-11
204 Chippendale Ave
Greenwood Hills Sec 02
$350,000 $293 3 bd / 1 ba 1,196 sqft , 2026-10-03

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
$1,752/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
$73,000
20% conventional investment loan

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

Estimated Gross Rent+$1,752
Principal + Interest−$1,992
Property Tax (~2.1% TX avg)−$639
Insurance (~0.5%)−$152
Est. Monthly Cash Flow $-1,031

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 Austin, TX

Austin 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 October 7, 2026.

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