
Discover an exceptional opportunity where potential meets prime location, offering a versatile canvas for investors and homeowners alike. This property, zoned SF3 on a generous quarter-acre lot near the prominent intersection of William Cannon and Manchaca, presents a rare chance to capitalize on Austin's dynamic real estate market. The existing home, a well-maintained 3-bedroom, 2-bathroom residence spanning two stories and 1296 square feet, is in good condition, ensuring a smooth appraisal and financing process. Its rental income potential exceeds $2000 per month, making it an attractive asset from day one. The recent 2024 installation of 30-year dimensional roof shingles provides peace of mind and long-term durability. The expansive lot opens doors to various development possibilities, including adding income-producing rental units, subdividing into multiple single lots, or creating a condo regime, mirroring successful projects in the immediate vicinity where similar homes commanded prices between $600,000 and $700,000. While the current floor plan offers unique charm, there is ample space to enhance its functionality by adding a half-bath downstairs, potentially utilizing existing garage space or the area beneath the stairs. This property is more than a home; it's a strategic investment in a thriving Austin neighborhood, poised for significant growth and offering endless possibilities for custom development or a comfortable living experience.
Property Type
Residential
Year Built
1972
Lot Size
0.25 acres
$/Sq Ft
$332
Garage
4 spaces
Listed by Texas Residential Properties
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
6407 Cannonleague DR is listed at $435,000 with 3 bedrooms, 2 full bathrooms, 1,312 square feet, 0.25-acre lot.
6407 Cannonleague DR is zoned for Austin ISD with assigned schools: Cunningham (8/10) (elementary), Covington (6/10) (middle), Crockett (high). School assignments should be verified directly with the district.
6407 Cannonleague DR is a Residential built in 1972 featuring 3 bedrooms, 2 full bathrooms, 1,312 square feet, 0.25-acre lot.
6407 Cannonleague DR 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.
The most recent annual property tax for 6407 Cannonleague DR is $9,041. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change 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 |
|---|---|---|---|---|
2025-14.6% | — | $441,778 | $284,727 | $157,051 |
2024+7.0% | — | $517,103 | $275,000 | $166,101 |
2023+120.2% | — | $483,462 | $275,000 | $242,103 |
2022-23.5% | — | $219,600 | $275,000 | $208,462 |
2021 | — | $286,900 | $125,000 | $94,600 |

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% ($87K)
$435,000
Luxury property intelligence
A sourced read on Manchaca Estates Amd pricing, timing, and property scale. No automated valuation claim.
List price
$435,000
Price per sqft
$332/sqft
Vs. Manchaca Estates Amd median
Not available
Days on market
98 days
Original to current
$64.9K reduction
$499.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 22, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($87,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 6407 Cannonleague DR is around $3,011 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $435,000, 6407 Cannonleague DR is in the Manchaca Estates Amd market where there are currently 176 active listings in 78745. The Keenan Group has completed 29 transactions in 78745 as part of 1,000+ career sales totaling $1B+ across Austin.
6407 Cannonleague DR was built in 1972 (54 years ago). Buyers should budget for potential updates to major systems.
6407 Cannonleague DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
12 events on record
Current Price
$435,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-14.6% | — | $441,778 | $284,727 | $157,051 |
2024+7.0% | — | $517,103 | $275,000 | $166,101 |
2023+120.2% | — | $483,462 | $275,000 | $242,103 |
2022-23.5% | — | $219,600 | $275,000 | $208,462 |
2021 | — | $286,900 | $125,000 | $94,600 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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