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Keenan Group#1 Austin Board of Realtors Team 2024
506 Horsethief TRL Unit #D, photo 1 of 5, Manchaca, Manchaca, TX
Active

$599,000

5.92 acresLot

506 Horsethief Trl Unit #D, Manchaca, TX 78652

Reduced 33%$899,000
Manchaca·MLS# 2893198·302 days on market

— bed, — bath on 5.92 acres in Manchaca. Manchaca, TX 78652. $599,000. Austin ISD.

About This Home

Exceptional Development Opportunity – Nearly 6 Acres in Manchaca

Located at the southern edge of the City of Austin limits, this just-under-six-acre tract in unincorporated Manchaca presents a rare opportunity for investors, developers, or owner-users seeking flexibility and long-term upside. The property is fully unrestricted, offering maximum freedom for a wide range of potential uses without the constraints of zoning or city ordinances.

Positioned just north of the planned SH 45 extension, the site stands to benefit significantly from future infrastructure improvements, including the anticipated connection of MoPac to SH 45, which will provide enhanced regional access and improved connectivity to Central and North Austin. This evolving transportation corridor is expected to accelerate growth and accessibility in the surrounding area.

The property sits immediately beyond current Austin city limits, in a path of projected southward expansion as the city continues to grow. As development momentum pushes outward, this location offers strong potential for future annexation and value appreciation while currently retaining the advantages of unincorporated land. Current comps on surrounding land support $250,000 an acre.

With its size, strategic location, and unrestricted status, this property is well-positioned for a variety of uses and represents a compelling opportunity in one of Austin’s most dynamic growth corridors.

Property Type
Land
Lot Size
5.92 acres

Listing information last updated October 12, 2026.

Listed by Compass RE Texas, LLC

MLS# 2893198 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 5.92-acre lot
Current comps on surrounding land support $250,000 an acre

Facts & Features

Exterior & Lot
Lot Size
5.92 Acres
Financial
Original List Price
$899,000
Utilities
  • Electricity Available
Sewer
Septic Needed

Transaction History

1 record on file

Every recorded listing, sale, and lease at 506 Horsethief TRL Unit #D, whoever represented it.

  1. ActiveListed 2025
    Current price: $599,000Original list: $899,000MLS 2893198
    1. Price changed · May 20, 2026$699,000
    2. Price changed · September 16, 2026$599,000

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.

View Timeline
Current list
$599,000
Original list
$899,000
Price movement
$300K reduction
Listed / DOM
Dec 18, 2025 · 302 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$318,930
Assessment Year
2025
Parcel ID
000000352320
$319K
$111K
$111,188
2021
$318,930
+186.8% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025+186.8%
—$318,930$318,930—
2021
—$111,188$111,188—
5-Year Change186.8%
Map showing 506 Horsethief TRL Unit #D
506 Horsethief TRL Unit #D
Directions

Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

Akins

High SchoolGrades 9-12Zoned assignment

Paredes

Middle SchoolGrades 6-8Zoned assignment

Menchaca

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$3,318

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($120K)

Adjustable assumption - not a lending recommendation.

$599,000

Loan: $479K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Manchaca pricing, timing, and property scale. No automated valuation claim.

List price

$599,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

302 days

Original to current

$300K reduction

$899K 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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Verified property facts

Frequently Asked Questions

How much is 506 Horsethief Trl Unit #D?

506 Horsethief Trl Unit #D is listed at $599,000 with 0 bedrooms, 5.92-acre lot. This places it above the ZIP 78652 single-family closed-sale median price of $430,000 (ZIP 78652 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 506 Horsethief Trl Unit #D in?

506 Horsethief Trl Unit #D is zoned for Austin ISD with assigned schools: Menchaca (elementary), Paredes (middle), Akins (high). School assignments should be verified directly with the district.

What are the property taxes for 506 Horsethief Trl Unit #D?

The most recent annual property tax for 506 Horsethief Trl Unit #D is $4,992. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 506 Horsethief Trl Unit #D?

This page does not assume a mortgage rate or publish a monthly payment for 506 Horsethief Trl Unit #D. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 506 Horsethief Trl Unit #D compare with other homes in Manchaca?

As of Oct 15, 2026, 506 Horsethief Trl Unit #D is offered at $599,000. The current MLS snapshot shows 43 active listings in 78652. Keenan Group has completed 2 verified transactions in 78652 within its 1,000+ completed transactions and $1B+ career volume across Austin.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Manchaca

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 9:02:03 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 9:02:03 AM

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