3 bed, 3 bath, 2,100 sqft on 0.32 acres in Lake Austin. Austin, TX 78730. $3,250,000. Austin ISD.
About This Home
Located within a tranquil canal on Lake Austin, 2503 Manana Street represents the least expensive waterfront opportunity south of Emma Long Park - a rare chance to secure premier waterfront living in one of Austin’s most sought-after lakefront corridors. Set on .318 acre, this thoughtfully curated home offers a charming retreat with modern updates and timeless mid-century design elements, complete with a private boat slip for seamless lake access. The light-filled interiors blend classic character with contemporary upgrades, featuring warm wood tones, clean lines, and expansive windows that frame serene water views. The primary suite boasts its own private balcony, a peaceful perch to enjoy morning coffee or sunset reflections on the canal. Designed for both relaxation and entertaining, the home also includes a bunk room for additional guests and a separate guest bedroom, ensuring ample space for family and friends. Outside, the level, fenced-in yard offers a rare blend of privacy and space, making it perfect for outdoor lounging, pets, or play. Shaded by mature trees and set just moments from the beloved Ski Shores Café, this retreat provides a perfect balance of seclusion and convenience. Whether spending the day on the water, dining along the lake, or simply unwinding in the peaceful surroundings, 2503 Manana Street is an exceptional opportunity to own a slice of Austin’s sought-after lakefront lifestyle. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified. Tenant occupied until July 30th - do not disturb tenant.
The private boat dock at 2503 Manana Street puts you on Lake Austin's water in seconds, not minutes. This waterfront home in Lake Austin sits on a canal corridor south of Emma Long Park, one of Austin's most established lakefront neighborhoods, and at $1,548 per square foot, it's the most affordable water-access property in this stretch of Travis County.
Wake to the sound of gentle lapping against the dock. The canal's protected waters create a natural rhythm that defines daily life here. Morning light floods the main living areas through expansive windows framed by mature trees exceeding 40 feet, casting moving shadows across tile and wood flooring as the water shifts outside. The beamed ceilings and natural woodwork carry the home's original 1976 character while quartz counters and stainless steel appliances anchor the kitchen to modern living. A breakfast bar opens directly to sight lines of the water.
The primary suite includes a private balcony, a concrete extension where you can watch weather patterns move across the lake and catch the canyon-wall reflections that define Lake Austin sunsets. Two additional bedrooms and three full baths accommodate family visits and guest stays without feeling cramped in the 2,100-square-foot footprint. The second bathroom includes a walk-in closet and double vanity, useful details for homes hosting multiple families throughout the year.
The 0.3181-acre lot wraps around the home with level terrain, automatic sprinklers, and a rear porch covered for afternoon shade. The private yard stays fenced for security and privacy, a rare feature on accessible waterfront lots. The two-car garage handles vehicles while the private boat slip eliminates the need for public marina fees or launch ramp schedules.
Location connects you to Austin ISD schools including Highland Park Elementary, Lamar Middle, and McCallum High. Ski Shores Cafe sits minutes away on Lake Austin Boulevard, a neighborhood anchor for coffee and casual meals with water views. The neighborhood maintains the quietness of a canal setting while remaining close enough to downtown and the tech corridor that commutes feel reasonable.
Waterfront living at this price point in this location doesn't stay available long. The home carries 13 days on market, suggesting serious buyer interest in the segment.
The numbers behind this insight
- Offered at
- $3,250,000
- Listed
- May 8, 2026
- Asking price per sq ft
- $1,548
Lake Austin market
- Homes sold
- 15
- Median sale price
- $5,050,000
- Median price per sq ft
- $1,173
- Homes for sale now
- 21
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $732 per sq ft over the trailing 12 months (178 sales), as of November 4, 2026.
Lake Austin is Austin's most exclusive waterfront corridor - 22 miles of constant-level shoreline in 78732, 15 minutes from downtown. Waterfront homes start around $4M and trophy lots with 200+ feet of flat shoreline trade at $15M-$35M+. The lake is controlled by Tom Miller Dam, which maintains consistent water levels year-round - the key advantage over seasonal Lake Travis.
This is one of Austin's thinnest markets. Roughly 22 miles of total shoreline, and at any given time only 3-5 homes are actively listed. Many of the best lots trade privately through agent relationships before they ever reach the MLS. The finite supply creates a structural price floor that insulates Lake Austin from broader market cycles.
Buyers here want water access as daily life, not a weekend plan. Morning paddleboard, afternoon ski run, burgers at Ski Shores by boat, sunset from your own dock watching Hill Country ridgelines. The practical side matters too: you are inside Austin city limits with full services, 15 minutes from downtown, 10 from the Domain.
Four Seasons Private Residences is under development on 145 acres with 188 planned homes - the first significant new inventory since the lake was established. Eanes ISD and Leander ISD serve different sections of the corridor, both with strong school ratings.
- Property Type
- Residential
- Year Built
- 1976
- Lot Size
- 0.32 acres
- Price / Sq Ft
- $1,548
- Garage
- 2 spaces
Listing information last updated August 24, 2026.
Listed by Moreland Properties
MLS# 4224788 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- Beamed Ceilings
- Ceiling-High
- Quartz Counters
- Double Vanity
- Interior Steps
- Multiple Dining Areas
- Natural Woodwork
- Recessed Lighting
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Electric Cooktop
- Microwave
- Refrigerator
- Stainless Steel Appliance(s)
- Tile
- Wood
- Heating
- Central,Fireplace(s)
- Cooling
- Central Air
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Boat Dock - Private
- Boat Slip
- Private Yard
- Wood Siding
- Stone Veneer
- Back Yard
- Corner Lot
- Front Yard
- Level
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Back Yard
- Front Yard
- Full
- Gate
- Slab
- Covered
- Patio
- Rear Porch
- Roof
- Composition,Shingle
- Lot Size
- 0.32 Acres
- Attached
- Door-Single
- Garage
- Garage Door Opener
- Garage Spaces
- 2
- Canal Front
- Waterfront
Financial
- Original List Price
- $3,250,000
- Price per Sq Ft
- $1,548
Utilities
- Electricity Connected
- Water Connected
- Water Source
- Private
- Sewer
- Septic Tank
Transaction History
5 records on file
Every recorded listing, sale, and lease at 2503 Manana ST, whoever represented it.
- ActiveListed 2026Current price: $3,250,000Original list: $3,250,000MLS 4224788
- Listed · May 8, 2026$3,250,000
- WithdrawnListed 2025Current price: $2,495,000Original list: $2,950,000MLS 8229883
- WithdrawnListed 2024Current price: $3,495,000Original list: $3,495,000MLS 5565598
- WithdrawnListed 2023Current price: $3,750,000Original list: $3,750,000MLS 3963695
- ExpiredListed 2000Current price: $899,000Original list: $899,000MLS 542132
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
Listed with current price, original ask, and market time.
- Current list
- $3,250,000
- Original list
- $3,250,000
- Price movement
- No verified reduction
- Listed / DOM
- May 8, 2026 · 180 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,408,229
- Assessment Year
- 2025
- Year Built
- 1976
- Parcel ID
- 000000125275
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+40.7% | — | $1,408,229 | — | — |
2024+0.0% | — | $1,001,029 | $663,000 | $252,633 |
2023-6.6% | — | $1,001,029 | $663,000 | $338,029 |
2022+12.4% | — | $1,071,418 | $663,000 | $338,029 |
2021 | — | $952,846 | $663,000 | $408,418 |
Zoned Schools
McCallum
Lamar
Highland Park
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($650K)
Adjustable assumption - not a lending recommendation.
Home price
$3,250,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lake Austin pricing, timing, and property scale. No automated valuation claim.
List price
$3,250,000
Price per sqft
$1,548/sqft
Vs. Neighborhood guide reference price
-35.6%
$5.1M · Lake Austin neighborhood guide · reference price
Days on market
180 days
Original to current
No verified reduction
$3.3M original
Active inventory context
31 listings
Price Position in Lake Austin
Listed 36% below the Lake Austin neighborhood guide reference price. Lake Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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