Description
***HUGE PRICE REDUCTION*** Ok, we are no longer in the "3 year ago price BOOM!" - we have lowered this property to be in line with values NOW. BRING YOUR INVESTOR/BUILDER/DEVELOPER!!! 41+ TOTAL ACRES OF LAND (4 TAX PARCELS) ABSOLUTELY STUNNING acreage that is zoned for "just about anything" (Commercial or higher-end residential acreage development, etc - contact City of Manor!)! Buyer does ALL DUE DILIGENCE but call Lance for discussion. ~3 acre lake (LAKE RAESZ) fully stocked with black bass, more. No FEMA Flood Plain. Ag Exemption. NOTE - TAX states the address is 15911 Fay St (which has never been used) - Title will decipher the correct legal. Will need Survey, All Utilities available to property per owner. AQUA WATER Company (current water). *** Approximately 3,000 sq.ft. all-side brick home with 4 car detached garage. A/C and roof replaced recently. Large utility room, 2.5 baths, huge family room, kitchen island with custom cabinets throughout. Master with sitting area, 2 covered porches, courtyard, large oak trees, view of pond, current renovations ongoing! LIVE IN the house while developing the property (if need be!). Contact agent for more details/discuss. BRING DEVELOPERS, HIGH-END BUILDERS! (And just bring OFFER! :-) ***The film, WHAT'S EATING GILBERT GRAPE was filmed at this property (starring Leonardo DiCaprio and Johnny Depp)***
Property Details
| Status | Active |
| MLS # | ACT122912140 |
| Taxes | $28 (2024) / year |
| Type | Farm |
| Year Built | 1978 |
| Lot Size | 40.92 AC / 1,782,518 SF |
| County | Travis |
| Subdivision | Elison |
Property Information
Interior
Exterior
Appliances
Community
Parking
Utilities & Construction
Directions: Put the following in Navigation - 15911 SCHMIDT LOOP, MANOR, TX Takes you right to the property - look for signs at entrance of property and at corner by main road NOTE - TAX states the address is 15911 Fay St (which has never been used)
Location
Property History
| Date | Event | Price |
|---|---|---|
| Feb 15, 2026 | Listed (Active) · MLS# ACT122912140 | $3,500,000 |
| — | Original List Price | $6,500,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Beds | 3 |
| Lot Size | 1,782,518 Sq. Ft. |
| Style | Farm |
| County | TRAVIS |
| MLS # | ACT122912140 |
Schools
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.