$889,000
●
Land -
For Sale
12321 Johnson RD
Manor, TX 78653
Studio
0 Bath
$4,374
Est. Monthly
About This Property
Unique opportunity: Land is NOT ZONED, allowing flexibility to
apply for various zoning types (residential, commercial, or
development). Currently used for cattle farming and can continue as
agricultural land. AG-EXEMPT status, ensuring low taxes. Fully
fenced & gated for security. Located near multiple residential and
commercial developments. Quick access to Hwy 290 and as well as FM
963 3 acres are located within the 100-year floodplain.
Unit Size
-
Days on Market
-
Land Size
15.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$8
HOA Dues
-
Year Built
2007
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Unlock MLS #ACT4910985)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2026 | Listed by Full Circle RE | $889,000 | |
| Listed by Full Circle RE | |||
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 9, 2025 | Price Decreased |
$899,000
↓ $30K
(3.2%) | |
| Price Decreased | |||
| Jul 1, 2025 | Price Decreased |
$929,000
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Apr 9, 2025 | Listed by FULL CIRCLE RE | $949,000 | |
| Listed by FULL CIRCLE RE | |||
   | |||
|
*Unique opportunity* This land is NOT ZONED so you can get it zoned to build multiple types of properties/businesses/developments. Or continue to use it as agricultural land. It is currently used for cattle. It is already AG-EXEMPT *so taxes are very low. FULLY FENCED & GATED. Very close to multiple residential and commercial developments and quick drive to Hwy 290. while largely outside of the special flood hazard area, 3 acre is in the the 100-year floodplain.
| |||
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Property Highlights
Exterior Details
Property Condition: To Be Built
Waterfront Features: None
Other Structures: None
Lot Features: Agricultural, Level, Private
Lot Size Area: 668297.52
Lot Size Units: Square Feet
Lot Size Acres: 15.342
Lot Size Square Feet: 668297.52
Water Source: Public, Well
Financial Details
Tax Map Number: 13
Tax Annual Amount: $100
Utilities Details
Sewer : Septic Needed
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Closing Price
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HOA + Taxes
About Travis
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Listed by: Hannah Mara
Listed Office: Full Circle RE - Listing courtesy of Unlock MLS
Phone: (512) 375-3245
Last Updated: 2026-08-28 04:05:21
Data Source: Unlock MLS, MLS# ACT4910985
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Full Circle RE - Listing courtesy of Unlock MLS
Phone: (512) 375-3245
Last Updated: 2026-08-28 04:05:21
Data Source: Unlock MLS, MLS# ACT4910985
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is 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. Some IDX listings have been excluded from this website.
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