Active Listing  ·  7 days on market

5505 Manor Rd #B

Austin, TX 78723
$565,000
4 Bed 4 Bath 1,990 sqft $284/sqft Built 2026 0.21 acres 1-Car Garage Pool New Construction Manor Hill Sec 02

NEW CONSTRUCTION | PRIVATE CASITA | BIKE TO MUELLER | MODERN EAST AUSTIN LIVING! Freshly completed and full of personality, this contemporary Northeast Austin home offers versatile living just a bike ride from some of Austin's best dining, shopping, and outdoor recreation! Featuring a 3 BD | 2.5 BA main residence, separate 1 BD | 1 BA casita, private fenced yard, and 1-car garage, this property offers so much more than typical new construction. Inside, dramatic ceilings and expansive windows create a bright, airy atmosphere. The open living, dining, and kitchen areas feature wide plank flooring and clean architectural lines. The kitchen features quartz counters, SS appliances, a spacious island, and gorgeous sage-green tile backsplash that adds just the right amount of color. The main-level primary suite features backyard access and a beautifully designed ensuite, while a dedicated downstairs office, two upstairs bedrooms, and flex loft offer plenty of versatility. THE CASITA IS A STANDOUT FEATURE! This flexible space features soaring ceilings, abundant windows, and contemporary finishes. Whether for guests, a private workspace, or potential income-producing opportunity, it offers incredible flexibility. A fenced backyard connects the spaces, providing a private setting for relaxing and entertaining. THE LOCATION MAKES IT EVEN BETTER! Less than 2 miles from Mueller, enjoy an easy bike ride to restaurants, cafes, shops, Lake Park, the Thinkery, and the Sunday Farmers Market. Pecan Springs Elementary is a short walk away, while Little Walnut Creek Greenbelt, Dottie Jordan Park, Morris Williams Golf Course, and the Southern Walnut Creek Trail offer plenty of outdoor recreation. Downtown Austin is approximately 5.5 miles away. BRAND NEW, BEAUTIFULLY DESIGNED, AND BUILT FOR A LIFESTYLE WITH OPTIONS. With its private casita and Mueller close by, this is East Austin living with a little something extra!

At $284/sqft, this home is 27% 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 #B, Austin, TX 78723

Property Details

Price $565,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 1,990 sqft
Lot Size 0.21 acres (9,278.28 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Manor Hill Sec 02
County Travis
Zip Code 78723
$/sqft $284/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,897
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT250965831
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.

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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
5006 Pecan Springs Rd #7
Lofts/St Stephens Condos
$569,000 $260 3 bd / 4 ba 2,191 sqft , 2026-10-02
5001 Bundyhill Dr
Crest Hills Sec 02
$560,000 $356 3 bd / 2 ba 1,571 sqft , 2026-08-19
6414 Kenilworth Dr
Windsor Park 02 Sec 01
$575,000 $312 4 bd / 3 ba 1,843 sqft , 2026-10-02
5817 Sutherlin Rd
Enclave at Sutherlin
$579,900 $314 3 bd / 3 ba 1,847 sqft , 2026-10-21
3308 Rockhurst Ln
Riverbend Sec 3C At University
$550,000 $340 4 bd / 2 ba 1,616 sqft , 2026-10-23

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
$2,712/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
$113,000
20% conventional investment loan

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

Estimated Gross Rent+$2,712
Principal + Interest−$3,083
Property Tax (assumed ~2.1%)−$989
Insurance (assumed ~0.5%)−$235
Est. Monthly Cash Flow $-1,595

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 · 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 →

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