
— bed, — bath on 0.47 acres in Manor. Manor, TX 78653. $2,490,000.
Prime commercial opportunity in the heart of downtown Manor. This offering includes four parcels with two connected historic buildings totaling over 8,000 SF along a high-visibility retail corridor. Currently operated as a bar and restaurant, the property provides flexible potential for hospitality, retail, or mixed-use concepts. Features include rare dedicated parking on the rear parcel and steady foot traffic within Manor’s growing and revitalizing downtown district. Exceptional investment opportunity to secure a distinctive historic asset in a rapidly expanding market.
Please do not disturb current tenants. For additional information, contact the listing broker or showing contact. Pictures Coming Soon!
A four-parcel downtown Manor assemblage with more than 8,000 square feet of historic retail space is what makes 118 Parsons St stand out at this price point. At 118 Parsons St in Manor, you are buying scale, frontage, and nearly half an acre in the center of Manor, TX 78653, not just a single storefront.
Priced at $2.49 million, this Commercial Sale - Retail offering sits on 0.47 acres in Travis County and traces back to 1900, which is rare inventory in a market where many commercial options are newer, smaller, or lack identity. Using 8,000 square feet as a baseline, the price works out to roughly $311 per square foot, and that does not fully capture the value of the four-parcel configuration, the connected building layout, or the rear parking that is hard to find in an older downtown core. The current bar and restaurant use proves the site can support hospitality traffic today, but the real story is flexibility. A buyer could look at restaurant, bar, retail, event, or future mixed-use positioning, depending on city approvals and business plan.
This section of Manor benefits from steady local visibility and practical access. Parsons Street feeds directly into Manor’s downtown grid, with North Lexington Street nearby and quick connections out to US-290 and FM 973. That matters because Manor continues to pull energy from both local population growth and Austin’s eastward expansion. In typical conditions, Downtown Austin is about 30 minutes away, Austin-Bergstrom International Airport is around 25 to 30 minutes, and the Tesla Gigafactory corridor is within a comparable drive via SH 130. Those are meaningful numbers for operators who need staff access, customer draw, and regional relevance.
School data is not listed for this address, which is normal for a commercial retail property, though Manor ISD serves the surrounding community. For this asset, the stronger location signals are downtown foot traffic, historic character, and the kind of parcel depth that gives an owner more options over time than a shallow street-front lot. Days on market at 103 suggest buyers are taking the time to underwrite it carefully, which is exactly what a property like this deserves.
For an investor or operator who understands where Manor is heading, 118 Parsons St is the kind of downtown asset that can keep gaining utility and pricing power as the city’s core becomes more active and more valuable.
Verified property facts
118 Parsons ST is listed at $2,490,000 with 0 bedrooms, 0.47-acre lot. This places it above the ZIP 78653 single-family closed-sale median price of $390,000 (ZIP 78653 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
118 Parsons ST is a Commercial Sale built in 1900 featuring 0 bedrooms, 0.47-acre lot.
118 Parsons ST is listed by Olvera Bolton Properties. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 118 Parsons ST. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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3 records on file
Every recorded listing, sale, and lease at 118 Parsons ST, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+1.5% | — | $382,714 | $60,375 | $322,339 |
2024+10.7% | — | $377,176 | $60,375 | $325,797 |
2023+2.3% | — | $340,682 | $60,375 | $316,801 |
2022-13.5% | — | $332,891 | $60,375 | $280,307 |
2021 | — | $384,847 | $60,375 | $272,516 |

District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($498K)
Adjustable assumption - not a lending recommendation.
$2,490,000
Luxury property intelligence
A sourced read on Manor pricing, timing, and property scale. No automated valuation claim.
List price
$2,490,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
302 days
Original to current
No verified reduction
$2.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
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District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 1, 2026, 118 Parsons ST is offered at $2,490,000. The current MLS snapshot shows 293 active listings in 78653. Keenan Group has completed 1 verified transactions in 78653 within its 1,000+ completed transactions and $1B+ career volume across Austin.
118 Parsons ST was built in 1900 (126 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Somewhat Walkable
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
5 events on record
Current Price
$2,490,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+1.5% | — | $382,714 | $60,375 | $322,339 |
2024+10.7% | — | $377,176 | $60,375 | $325,797 |
2023+2.3% | — | $340,682 | $60,375 | $316,801 |
2022-13.5% | — | $332,891 | $60,375 | $280,307 |
2021 | — | $384,847 | $60,375 | $272,516 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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