About This Home

Fully remodeled detached two-dwelling property at 5510 Manor Rd, Unit A, offering modern comfort and unbeatable convenience. This gorgeous one-story, open floor plan features warm wood floors, a gourmet kitchen with stainless steel appliances, granite countertops, and classic subway tile backsplash, plus beautifully updated modern bathrooms throughout. The location truly can’t be beat—just minutes to Downtown Austin, UT, recreation, renowned dining, shopping, and all things Austin. An exceptional opportunity for owner-occupants or investors alike. Washer/Dryer is an All-In-One.

At $232/sqft, this home is 41% 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

5510 Manor Rd #A, Austin, TX 78723

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Property Details

Price $360,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,555 sqft

Lot Size 0.27 acres (11,974.64 sqft)

Year Built 1960

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Fairey Oaks Sec 2

County Travis

Zip Code 78723

$/sqft $232/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $9,544.29

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT221911379

List Date March 13, 2026

Elementary School Pecan Springs

Middle School Bertha Sadler Means

High School Northeast Early College

School District ,

Have Questions About This Property?

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

707 Great Britain Blvd
Buckingham Estates Ph III Sec $360,000 $309 3 bd / 2 ba 1,166 sqft , 2025-10-17

16019 Agua Vis
NA $360,000 $348 3 bd / 2 ba 1,033 sqft , 2026-03-13

2301 Lawnmont Ave #1
Heritage Square Condo $360,000 $316 2 bd / 2 ba 1,141 sqft , 2026-03-05

704 Buckingham Pl
Buckingham Estates Sec 01 $360,000 $232 3 bd / 2 ba 1,552 sqft , 2026-03-31

10604 Menominee Falls Ln
PIONEER CROSSING EAST $360,000 $189 4 bd / 2 ba 1,908 sqft , 2026-05-08

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

$1,728/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

$72,000

20% conventional investment loan

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

Estimated Gross Rent+$1,728

Principal + Interest−$1,965

Property Tax (~2.1% TX avg)−$630

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,017

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

5510 Manor Rd #A

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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