Active Listing  ·  7 days on market

5505 Manor Rd #A

Austin, TX 78723
$475,000
3 Bed 3 Bath 1,645 sqft $289/sqft Built 2026 0.21 acres Pool New Construction Manor Hill Sec 02

NEW CONSTRUCTION | BIKE TO MUELLER | MODERN EAST AUSTIN LIVING! Freshly completed and full of personality, this contemporary Northeast Austin home offers modern design, versatile living, and some of Austin's best dining, shopping, and recreation just a bike ride away! Featuring 3 BD | 2.5 BA, a covered carport, and private fenced yard, this home delivers the appeal of new construction with fresh architecture and thoughtful finishes throughout. Inside, dramatic ceilings and expansive windows fill the open living, dining, and kitchen areas with natural light. Wide plank flooring, clean architectural lines, and a wall of upper windows framing the trees add to the airy feel, while sliding glass doors open to the outdoors. The kitchen stands out with white cabinetry, quartz counters, SS appliances, gas cooking, an oversized island, and a distinctive geometric tile backsplash accented by black fixtures and modern pendants. The main-level primary suite features soaring ceilings, backyard access, and a beautifully finished ensuite with dual vanities, freestanding tub, and glass-enclosed shower. A downstairs office, two upstairs bedrooms, full bath, and flex loft provide plenty of options for work and play. Outside, the private yard and deck are ready for morning coffee or weekend gatherings. THE LOCATION MAKES IT EVEN BETTER! Less than 2 miles from Mueller, it's an easy bike ride to restaurants, cafes, shopping, Lake Park, the Thinkery, and the Sunday Farmers Market. Pecan Springs Elementary is a short walk away, with Little Walnut Creek Greenbelt, Dottie Jordan Park, Morris Williams Golf Course, and the Southern Walnut Creek Trail nearby for outdoor fun. Downtown Austin is approximately 5.5 miles away.BRAND NEW, BEAUTIFULLY DESIGNED, AND CONNECTED TO THE BEST OF EAST AUSTIN! Modern style, flexible living spaces, a private backyard, and Mueller just a bike ride away make this an exciting place to call home!

At $289/sqft, this home is 26% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5505 Manor Rd #A, Austin, TX 78723

Property Details

Price $475,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,645 sqft
Lot Size 0.21 acres (9,278.28 sqft)
Year Built 2026
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Manor Hill Sec 02
County Travis
Zip Code 78723
$/sqft $289/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,175
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT250916091
List Date November 5, 2026
Elementary School Pecan Springs
Middle School Dr. General Garwood Marshall Middle School
High School Northeast Early College
School District Austin ISD

Austin ISD

Pecan Springs · Dr. General Garwood Marshall Middle School · Northeast Early College

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.

Schedule a Call →

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
5215 Overbrook Dr
Manor Hills
$475,000 $321 4 bd / 2 ba 1,480 sqft , 2026-02-01
5107 Lemon Tree Path #127
51 East
$479,900 $231 4 bd / 3 ba 2,081 sqft , 2026-10-22
6207 Hickman Ave
Windsor Park - Roberts Terrace
$470,000 $402 4 bd / 2 ba 1,170 sqft , 2026-09-24
1418 Larkwood Dr
Delwood 04 Sec B
$469,000 $366 3 bd / 1 ba 1,282 sqft , 2026-08-31
5304 Basswood Ln
Windsor Park Hills Sec 07
$499,000 $341 3 bd / 2 ba 1,464 sqft , 2026-07-24

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (assumed ~2.1%)−$831
Insurance (assumed ~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 · 41 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. The written content was last updated on November 7, 2026.

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

Save this home