Seller financing available. 509 Heron Drive is more than a homesite — it is a beautiful Hill Country canvas. Backing directly to the Balcones Canyonlands Preserve, the lot offers approximately 0.42 acres within Lakeway’s Cardinal Hills. It invites architecture that embraces first- and second-level views and outdoor living framed by a lush, greenbelt backdrop. Cardinal Hills is an established Lake Travis-area neighborhood known for its appealing, rolling contours and convenient access to Lakeway amenities. Because of its location and scenic beauty, Cardinal Hills has attracted increasingly upscale properties with homes ranging from the hundreds to the millions. Minutes from Lake Travis, Lakeway Marina, Lakeway City Park, Hamilton Greenbelt trails, multiple golf courses, The Hills Country Club, H-E-B, Baylor Scott & White, Hill Country Galleria dining and shopping. No HOA. MUD water. Public sewer and underground utilities. Lake Travis ISD.
Active
$395,000
509 Heron Dr, Austin, TX 78734
0beds
0baths
0.42Acres
Unimproved Land
Built in ----
0.42 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Lush greenbelt backdropAppealing rolling contours
- 63 days
- 29
- 2
Zillow last checked:
Listing updated:
Listed by:
Tangela Bailey (512) 342-1800,
Horizon Realty (512) 342-1800
Source: Unlock MLS,MLS#: 9550469
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Video & virtual tour
Property
Features
- Fencing: None
- Has view: Yes
- View description: Hill Country, Trees/Woods
- Waterfront features: Creek
Lot
- Size: 0.42 Acres
- Features: Back to Park/Greenbelt, Interior Lot, Rolling Slope, Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft), Trees-Sparse, Views
Details
- Additional structures: None
- Parcel number: 01376604240000
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Utility District (MUD)
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: None
- Subdivision: Cardinal Hills Unit 03
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Tax assessed value: $260,610
- Annual tax amount: $2,973
- Date on market: 7/4/2026
- Listing terms: Cash,Conventional,Owner May Carry
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Listed for sale | $395,000-5.7% |
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| 1/27/2026 | Listing removed | $419,000 |
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| 6/10/2025 | Listed for sale | $419,000-0.2% |
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| 5/22/2025 | Listing removed | $419,990 |
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| 4/10/2025 | Price change | $419,990-2.3% |
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| 10/25/2024 | Listed for sale | $430,000 |
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| 7/12/2024 | Listing removed | $430,000 |
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| 7/11/2024 | Price change | $430,000-2.3% |
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| 3/12/2024 | Price change | $440,000-1.1% |
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| 1/19/2024 | Listed for sale | $445,000+4.7% |
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| 9/11/2023 | Listing removed | -- |
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| 7/1/2023 | Price change | $425,000-4.5% |
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| 4/12/2023 | Listed for sale | $445,000-0.9% |
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| 1/1/2023 | Listing removed | -- |
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| 10/27/2022 | Price change | $449,000-3.4% |
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| 10/9/2022 | Price change | $464,900-1.9% |
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| 9/5/2022 | Price change | $474,000-2.3% |
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| 8/1/2022 | Price change | $485,000+7.8% |
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| 7/22/2022 | Listed for sale | $450,000+130.8% |
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| 8/12/2019 | Listing removed | $195,000 |
Source: Riverstone Real Estate, LLC #6650664 Report a problem | ||
| 5/22/2019 | Listed for sale | $195,000 |
Source: Riverstone Real Estate, LLC #6650664 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,091 +1.3% | $220,800 +20% |
| 2024 | $3,052 -41% | $184,000 -42.5% |
| 2023 | $5,171 +71.6% | $320,000 +60% |
| 2022 | $3,013 | $200,000 +100% |
| 2021 | -- | $100,000 +25% |
| 2020 | $1,575 -0.2% | $80,000 |
| 2019 | $1,578 +156.5% | $80,000 |
| 2018 | $615 | $80,000 +45.5% |
| 2017 | $615 -28.4% | $55,000 +37.5% |
| 2015 | $859 | $40,000 |
| 2014 | $859 | $40,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 78734
Nearby schools
Schools provided by the listing agent
- Elementary: Lakeway
- Middle: Hudson Bend
- High: Lake Travis
- District: Lake Travis ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








