A 458-acre stretch of land south of Blake Manor Road in Manor has a new owner and a big new plan attached to it. Eastwood Ventures has acquired the property, sandwiched between the Briarcreek and Wildhorse Creek subdivisions, with plans to build out 1,335 home lots and 97 acres of commercial and retail space over roughly the next decade.
Eastwood Ventures, described as a joint development group between Foxgate Capital and Cole Klein Builders, won the deal over two other potential buyers, according to The Real Deal. The group had a 60-day feasibility period followed by a 30-day closing period before finalizing the purchase. Homebuilder Taylor Morrison, based in Scottsdale, Arizona, is set to begin construction on the homes, with the first batch expected to be ready by early 2027.
The planned homes at Eastwood will sit on lots ranging from 45 to 70 feet, with prices expected to run between $400,000 and $600,000. The development is being pitched as a community for a wide range of buyers, from first-time homeowners to retirement-age residents. The 97 acres set aside for commercial and retail use don't yet have specific tenants attached — Eastwood Ventures has not determined the exact mix of retail and commercial offerings for that portion of the site, though the developers expect the space to draw shoppers from nearby communities, including the Whisper Valley master-planned community along State Highway 130.
A Site Two Decades in the Making
The 458-acre parcel wasn't a fresh listing. It was acquired from longtime Austin developer John Lloyd, who had held the undeveloped land for more than 20 years before selling to Eastwood Ventures, according to Realty News Report. Commercial real estate firm ICO Commercial helped broker the transaction. Upon full completion, the mixed-use community is projected to reach an assessed total value between $900 million and $1 billion.
Whisper Valley itself illustrates the scale of development already underway in the area. That 2,066-acre master-planned community along SH 130 includes 700 acres of open space and is planned for more than 7,500 zero-energy-capable homes built around geothermal heat networks, per Taurus Investment Holdings. Eastwood's developers have explicitly noted they expect the new retail center to pull in customers from that community as well as their own.
Why Manor Keeps Growing
The push into eastern Travis County isn't happening in a vacuum. Manor's population grew by 68.7 percent between 2020 and 2025, expanding from an estimated 13,674 to 23,070 residents, according to U.S. Census Bureau data cited by the same Realty News Report account. The city sits within a rapidly expanding employment corridor, positioned between Tesla's Gigafactory Texas in Austin and Samsung's semiconductor manufacturing complex, valued at more than $17 billion, in neighboring Taylor.
That growth has already reshaped Manor's retail landscape. The city welcomed its first H-E-B grocery store, a 101,000-square-foot facility at U.S. Highway 290 and FM 973, when it opened last October. Industrial growth has followed too — Silicon Valley logistics firm TransPak expanded into a 300,000-square-foot climate-controlled campus in Manor in early 2025 to support Central Texas semiconductor supply chains, and the company blew past its initial hiring target faster than expected, as Hoodline previously reported.
Infrastructure Trying to Catch Up
Manor has been building the financial tools to handle this scale of growth for a while now. The city began an extensive downtown infrastructure rehabilitation in 2025 and has established a master plan alongside a tax increment reinvestment zone spanning 928 acres in Manor and its extraterritorial jurisdiction, aimed at attracting multifamily, retail and office development. In November 2025, the City of Manor went further, drafting a preliminary project plan for a second reinvestment zone, TIRZ #3, covering 2,941.6 acres along US 290 to help fund public infrastructure, according to city documents.
Roads remain the open question. The Texas Department of Transportation approved environmental plans back in January 2023 to widen FM 973 from two to six lanes between SH 130 and US 290 East in Manor, a corridor that recorded more than 230 crashes between 2019 and 2026. Whether that widening, and other public roadway upgrades, can keep pace with the thousands of homes planned across Eastwood, Whisper Valley and surrounding subdivisions remains a key tension for the area — one underscored by a recent Hoodline report on a fatal crash at US 290 and Kimbro Road that struck the same intersection as a fatality just a month earlier.
Manor has tried to build connective infrastructure beyond roads, too. Back in August 2024, Austin and Manor city leaders completed a 5.5-mile, 12-foot-wide paved trail linking Ben E. Fisher Park in Manor to Austin's Southern Walnut Creek Trail system, a decade-long project offering residents an alternative commuter path. As Eastwood's decade-long buildout gets underway, it joins a suburb still working to stretch its roads, utilities and public spaces to match a population that has nearly doubled in five years.
