
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
Listed by Compass RE Texas, LLC
Verified property facts
506 Horsethief TRL Unit #D is listed at $699,000 with 0 bedrooms, 5.92-acre lot. This places it above the ZIP 78652 single-family closed-sale median price of $424,990 (ZIP 78652 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
506 Horsethief TRL Unit #D is zoned for Austin ISD with assigned schools: Menchaca (4/10) (elementary), Paredes (2/10) (middle), Akins (6/10) (high). School assignments should be verified directly with the district.
506 Horsethief TRL Unit #D is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
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.
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Property Details
1 record on file
Every recorded listing, sale, and lease at 506 Horsethief TRL Unit #D, 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+186.8% | — | $318,930 | $318,930 | — |
2021 | — | $111,188 | $111,188 | — |
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. Ratings from GreatSchools.org.
20% ($140K)
Adjustable assumption - not a lending recommendation.
$699,000
Luxury property intelligence
A sourced read on Eggleston Svr pricing, timing, and property scale. No automated valuation claim.
List price
$699,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
261 days
Original to current
$200K reduction
$899K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 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
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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.
As of Sep 5, 2026, 506 Horsethief TRL Unit #D is offered at $699,000. The current MLS snapshot shows 40 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.
5 events on record
Current Price
$699,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
| — |
| $318,930 |
| $318,930 |
| — |
2021 | — | $111,188 | $111,188 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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