#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
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!
Property Type
Commercial Sale
Year Built
1900
Lot Size
0.47 acres
Garage
20 spaces
Listed by Olvera Bolton Properties
Verified property facts
118 Parsons ST is listed at $2,490,000 with 0 bedrooms, 0.47-acre lot. This places it above the 78653 median of $405,000.
118 Parsons ST is a Commercial Sale built in 1900 featuring 0 bedrooms, 0.47-acre lot.
118 Parsons ST is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($498,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 118 Parsons ST is around $17,485 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $2,490,000, 118 Parsons ST is in the Manor Town market where there are currently 293 active listings in 78653.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Flooring
Construction
Foundation
Parking
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)
$2,490,000
Luxury property intelligence
A sourced read on Manor Town pricing, timing, and property scale. No automated valuation claim.
List price
$2,490,000
Price per sqft
Not available
Vs. Manor Town median
Not available
Days on market
200 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 Jun 21, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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
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.
5 events on record
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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