Active Listing  ·  7 days on market

2507 Manor Cir

Austin, TX 78723
$650,000
8 Bed 4 Bath 3,174 sqft $205/sqft Built 1960 0.22 acres Manor Hills Sec 10

**Investment Opportunity Near Mueller!**

Discover an excellent multifamily investment opportunity at **2507 Manor Circle in Austin, TX 78723**. This well-located **quadplex** offers investors the opportunity to own a four-unit property in a highly desirable Central Austin location near the popular **Mueller District**.

With approximately **3,174 square feet**, this property provides tremendous potential for both seasoned investors and buyers looking to expand their real estate portfolio. The four-unit configuration offers multiple income-producing opportunities while providing flexibility for future improvements, renovations, or an owner-occupant investment strategy.

Recent updates include a **new roof** and a **stair walkway**, adding value and peace of mind for future ownership.

Conveniently situated near **Mueller**, residents enjoy easy access to shopping, dining, entertainment, parks, major employers, and everyday conveniences. The property also provides convenient access to **Downtown Austin, The University of Texas, major roadways, and surrounding East and Central Austin neighborhoods**.

Whether you're searching for a long-term rental investment, value-add opportunity, or multifamily property in one of Austin's centrally located areas, **2507 Manor Circle offers location, versatility, and income potential**.

**Don't miss this opportunity to own a quadplex near Mueller and take advantage of everything Central Austin has to offer!**

At $205/sqft, this home is 48% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2507 Manor Cir, Austin, TX 78723

Property Details

Price $650,000
Status Active Listing
Beds 8
Full Baths 4
Half Baths ,
Living Area 3,174 sqft
Lot Size 0.22 acres (9,391.54 sqft)
Year Built 1960
Garage ,
Stories ,
Type Residential · See Remarks
Subdivision Manor Hills Sec 10
County Travis
Zip Code 78723
$/sqft $205/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,548.49
Pool ,
Waterfront ,
New Construction ,
MLS # ACT243719973
List Date August 17, 2026
Elementary School Blanton
Middle School Bertha Sadler Means
High School Northeast Early College
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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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
$3,120/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
$130,000
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (~2.1% TX avg)−$1,138
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,836

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 August 18, 2026.

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