— bed, — bath on 0.47 acres in Manor. Manor, TX 78653. $2,490,000.
About This Home
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.
The numbers behind this insight
- Offered at
- $2,490,000
- Listed
- December 3, 2025
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (383 sales), as of October 21, 2026.
- Property Type
- Commercial Sale
- Year Built
- 1900
- Lot Size
- 0.47 acres
Listing information last updated September 17, 2026.
Listed by Olvera Bolton Properties
MLS# 3136528 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Concrete
- Heating
- Natural Gas
- Cooling
- Central Air
Exterior & Lot
- Brick Veneer
- Slab
- Lot Size
- 0.47 Acres
- Stories
- 1
- On Site
Financial
- Original List Price
- $2,490,000
Utilities
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
3 records on file
Every recorded listing, sale, and lease at 118 Parsons ST, whoever represented it.
- ActiveListed 2025Current price: $2,490,000Original list: $2,490,000MLS 3136528
- Listed · December 10, 2025$2,490,000
- Price changed · December 10, 2025$2,490,000
- SoldJune 25, 1999Listed at: $98,200MLS 509385
- SoldMarch 26, 1999Listed at: $74,900MLS 486602
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,490,000
- Original list
- $2,490,000
- Price movement
- No verified reduction
- Listed / DOM
- Dec 3, 2025 · 322 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $382,714
- Assessment Year
- 2025
- Year Built
- 1900
- Parcel ID
- 000000238894
| 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 |
Virtual Tour

District Schools Nearby
Pflugerville High School
Weiss High School
Hendrickson High School
John B Connally High School
Cele Middle School
Kelly Lane Middle School
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.
20% ($498K)
Adjustable assumption - not a lending recommendation.
$2,490,000
Luxury property intelligence
Keenan Market Position
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
322 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 15, 2026.
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