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301 E Rector St, Manor, Texas

$1,750,000
Active
301 E Rector St, Manor, Texas
301 E Rector St, Manor, Texas
301 E Rector St, Manor, Texas
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Property Details

MLS ID: ACT3954341
Status: Active
Price: $1,750,000
Acres: 9.2±
Type: Land
Address: 301 E Rector St
City, State: Manor, TX
County: Travis County
ZIP Code: 78653
Lat/Long: 30.34590, -97.55313
Parcel Number: 02376214030000

Description

The project has full civil engineering plans and architectural plans completed. The project is close to having full site development permit approval and just needs to finalize the Plat. The project has two planned layouts that can be accomplished in a short timeframe with the City of Manor.

The project has two planned layouts that can be accomplished in a short timeframe with the City of Manor.

• Layout One- 106 Units. A simple SDP correction is needed for approvals which is estimated to be 2-3 months.

• Layout Two- 110 Units. A variance to allow surface parking in lieu of the currently required cover parking would be needed via a dev agreement with city of Manor. City has said this method has precedent and should not be met with any significant pushback. This process is estimated to be 3-5 months working with city.

Directions: The Junction subdivision is planned for 95 townhomes located along La Grange Street, just south of the intersection with Hwy 290 and FM 973 in Manor, Texas. The property is 20 miles east of major employment centers in Austin including Google, Facebook, Indeed and the University of Texas at Austin. The property is less than 15 minutes from Telsa’s new Gigafactory and Samsung’s existing corporate campus. The property is close to nearby retail and services in downtown Manor. The Junction provides a unique opportunity to acquire an entitled subdivision in one of the most desirable areas in the Austin MSA.

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