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$1,490,000

NAL Estimated Property Value

16620 N FM Road 973, Manor, TX, 78653

Off MarketInfo
CommercialInfo
Baths0 Bath

About this property

This 10+ acre property is located on FM 973 near New Sweden Church Road and offers a prime opportunity for development. The land is mostly cleared and level, with a mature tree stand, winding creek and a stock tank. Located in the ETJ, the property allows for versatile development possibilities, whether for commercial or residential purposes. The property is ideally situated for easy access to the rapidly growing amenities in Manor, the New Sweden Road expansion and is approximately 10 miles from Samsung’s campus in Taylor. The seller has approval from Aqua WSC to install a 1-inch water line to the property, access to three phase electric and has a TxDot approved curb cut onto FM 973. This is an exceptional opportunity for development in a location poised for future growth.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,940 /month
Positive
Cash Flow Estimate:
$2,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Manor

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16620 N FM Road 973 | Property Details | No Agent List