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11503 Parsons Rd - 11503 Parsons Road 53.87 Acres of Commercial Land Offered at $2,500,000 in Manor, TX 78653
EXECUTIVE SUMMARY
A rare investment opportunity: this ~54-acre estate, once a renowned wellness retreat, offers exceptional potential for redevelopment or repositioning.
The property features a tranquil, park-like setting with mature trees and a scenic water feature, creating a compelling backdrop for a wide range of uses.
At the entrance, an updated farmhouse includes executive offices and a boardroom—ideal for immediate operational needs or conversion.
Perched on elevated terrain, the existing residence presents options for renovation or a ground-up build to maximize value.
An additional structure adds site flexibility, supporting multiple development scenarios—from boutique hospitality or wellness ventures to private estates or strategic land banking.
The property features a tranquil, park-like setting with mature trees and a scenic water feature, creating a compelling backdrop for a wide range of uses.
At the entrance, an updated farmhouse includes executive offices and a boardroom—ideal for immediate operational needs or conversion.
Perched on elevated terrain, the existing residence presents options for renovation or a ground-up build to maximize value.
An additional structure adds site flexibility, supporting multiple development scenarios—from boutique hospitality or wellness ventures to private estates or strategic land banking.
PROPERTY FACTS Under Contract
| Price | $2,500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 53.87 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | N/A - The property is not in the City Limits, but in the Austin ETJ. | ||
| Price | $2,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 53.87 AC |
| Opportunity Zone |
Yes |
| Zoning | N/A - The property is not in the City Limits, but in the Austin ETJ. |
1 LOT AVAILABLE
Lot
| Price | $2,500,000 | Lot Size | 53.87 AC |
| Price Per AC | $46,408.02 |
| Price | $2,500,000 |
| Price Per AC | $46,408.02 |
| Lot Size | 53.87 AC |
A 53.87-acre park-like estate with large pond with water feature and mature trees. The property improvements consists of renovated 1,890sf farmhouse converted to office, a 2-story 6,320 sf structure and a smaller building with multiple offices.
PROPERTY TAXES
| Parcel Number | 227275 | Improvements Assessment | $767,700 |
| Land Assessment | $781,347 | Total Assessment | $1,549,047 |
PROPERTY TAXES
Parcel Number
227275
Land Assessment
$781,347
Improvements Assessment
$767,700
Total Assessment
$1,549,047
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Presented by
Austin Commercial Partners
11503 Parsons Rd - 11503 Parsons Road
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