309 E Parsons ST, Manor TX 78653

Property Description

What if you could own a home, run your business, AND be in an area the City of Manor is prioritizing for future growth and development? This is an opportunity worth paying attention to! Situated on a large corner lot along Manor's established commercial corridor, this property offers a unique combination of residential living and commercial potential. The current owner lives in the main home while operating her business from a separate, fully permitted studio designed to welcome clients. An attached workshop provides additional space for storage, projects, or business needs, with ample parking along the front and side of the property. Numerous upgrades have been completed throughout! What makes this location especially exciting is its inclusion in Manor's Downtown Tax Increment Reinvestment Zone (TIRZ #2), an area designated to encourage redevelopment and economic growth. A portion of future increases in property tax revenue is captured for reinvestment within the zone, supporting infrastructure and other improvements. The City of Manor has specifically identified the Parsons Street and Lexington Street area as a priority in its Downtown Master Plan. Whether you're looking to live and work on the same property, establish a commercial space, or explore another vision, the possibilities are exciting! The property previously sold with FHA financing, and additional financing programs are available through lending partners for qualified buyers, including ITIN, DACA, and self-employed borrowers, with competitive rates and low down payment options. A rare opportunity to establish yourself in an area Manor is actively planning for the future!