$475,000

Property Overview

This barely-lived-in 2018 home on Philco Drive showcases the thoughtful design and generous lot space that defines South Manchaca living. The two-story residence spans 1,149 square feet across three bedrooms and three bathrooms, with an open-concept main level that floods natural light through the home. Warm wood and tile flooring flow seamlessly from the kitchen through the living and dining areas, creating an inviting hub for both everyday living and entertaining.

The primary suite anchors the main floor with direct exterior access and a private retreat, while upstairs two additional bedrooms and a shared full bath maximize flexibility. One upstairs bedroom opens onto a private terrace, ideal for a home office or creative workspace. The 4,412-square-foot lot features a mature oak tree providing shade over the fenced backyard, offering plenty of room for gardens, pets, or outdoor gatherings in South Austin's desirable location.

What sets this property apart is the owner financing option available and the verified short-term rental potential, making it attractive for investors exploring alternative investment structures. At $475,000, this home sits 22 percent above the area median price per square foot, reflecting its newer construction, three-bath layout, and the premium buyers pay for South Manchaca's combination of spacious lots and growing neighborhood amenities that Vox Residential sees resonating strongly with Austin buyers seeking value beyond the urban core.

Vox Real Estate Insight

This property's owner financing flexibility and STR-eligible status present an uncommon opportunity in South Manchaca, where most homes in this price range are traditional owner-occupant sales. Vox Residential recognizes that investors and owner-users alike are drawn to this corner of South Austin for the rare combination of land size and modern construction without the Central Austin price premium.

Agent Description

NO BANKS NEEDED. OWNER FINANCING AVAILABLE. AirBnB potential, STR allowed (buyer to verify). Experience the best of South Austin living in this beautifully designed 3-bedroom, 2.5-bath home built in 2018 and BARELY lived in offers 1,149 square feet of bright, thoughtfully designed living space, this two-story home features an open-concept layout filled with natural light, warm wood and tile flooring, and seamless indoor-outdoor living. The inviting kitchen flows effortlessly into the living and dining areas, creating the perfect setting for everyday living and entertaining. The main-level primary suite provides privacy and convenience, complete with exterior access and a well-designed layout. Upstairs, two additional bedrooms share a full bath, with one bedroom opening to a private terrace—ideal for a home office, creative studio, or relaxing outdoor retreat. Outside, enjoy a fenced backyard shaded by a mature oak tree, offering plenty of space for pets, gardening, or gathering with friends and family. Located in one of Austin’s most desirable areas, this home is just minutes from South Congress, South Lamar, downtown Austin, local dining, shopping, hiking and biking trails, and major commuter routes including Hwy 290, Hwy 71, I-35, and MoPac.

Neighborhood: South Manchaca

This property is located in South Manchaca, Austin, TX. The area is known for Great Value, Generous Lots, Ranch-Style Homes, South Austin Location, Growing Amenities.

At $413/sqft, this listing is priced 20% above the South Manchaca median of $345/sqft.

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