Unlock the potential of one of Central Austin’s most desirable neighborhoods with this rare 0.256-acre lot in Highland Park West. Zoned SF-3 and measuring approximately 63.5 feet wide by 180 feet deep, this flat, rectangular parcel offers an ideal canvas for redevelopment. Deed restrictions will allow for one single-family home on the lot. No neighbors on one side thanks to an adjacent City of Austin easement, giving added privacy and a unique green space feel—an ideal buffer for future residents. Enjoy top-tier schools, including Highland Park Elementary, and a walkable lifestyle close to Austin staples like Russell’s Coffee, La Mancha, and easy access to Mopac, downtown, and The Domain. Bring your architect and builder to this teardown site and start planning your next successful project in one of Austin's strongest infill markets.
Pending
$450,000
5103 Valley Oak Dr, Austin, TX 78731
2beds
1,060sqft
Single Family Residence
Built in 1950
0.26 Acres Lot
$-- Zestimate®
$425/sqft
$-- HOA
What's special
Flat rectangular parcelIdeal canvas for redevelopmentAdded privacyUnique green space feel
- 348 days |
- 35 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ryan Kelly (512) 674-5478,
Keller Williams Realty (512) 448-4111
Source: Unlock MLS,MLS#: 6298234
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Heating
- See Remarks
Cooling
- Other
Appliances
- Included: None
Features
- None
- Flooring: Tile, Wood
- Windows: None
Interior area
- Total interior livable area: 1,060 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Rear Porch
- Exterior features: See Remarks
- Pool features: None
- Fencing: Chain Link
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 0.26 Acres
- Features: Back Yard, Front Yard
Details
- Additional structures: None
- Parcel number: 01300201040000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Tear Down
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: None
- Subdivision: Highland Park West
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $414,614
- Annual tax amount: $8,216
- Date on market: 7/31/2025
- Listing terms: See Remarks,Cash
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/11/2025 | Pending sale | $450,000$425/sqft |
Source:  Unlock MLS #6298234 Report a problem | ||
| 10/8/2025 | Price change | $450,000-9.8%$425/sqft |
Source: Unlock MLS #6298234 Report a problem | ||
| 9/9/2025 | Price change | $499,000-9.1%$471/sqft |
Source: Unlock MLS #6298234 Report a problem | ||
| 7/31/2025 | Listed for sale | $549,000-0.2%$518/sqft |
Source: Unlock MLS #6298234 Report a problem | ||
| 7/7/2025 | Sold | -- |
Source: Public Record Report a problem | ||
| 7/9/2021 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 5/9/2021 | Listed for sale | $550,000$519/sqft |
Source: Unlock MLS #1073502 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $414,614 -27.9% |
| 2024 | $11,402 +12.6% | $575,347 +2.8% |
| 2023 | $10,129 -8.7% | $559,851 -0.3% |
| 2022 | $11,093 | $561,689 +31.1% |
| 2021 | -- | $428,426 +10% |
| 2020 | $6,363 +3.1% | $389,478 |
| 2019 | $6,169 -9.6% | $389,478 +3.5% |
| 2018 | $6,823 | $376,292 +10% |
| 2017 | $6,823 +5.1% | $342,084 -4.2% |
| 2016 | $6,492 | $357,155 +10% |
| 2015 | $6,492 | $324,686 +10% |
| 2014 | $6,492 | $295,169 +10% |
| 2013 | -- | $268,335 +10% |
| 2012 | -- | $243,941 |
| 2011 | -- | $243,941 |
| 2010 | -- | $243,941 |
| 2009 | -- | $243,941 +7.2% |
| 2008 | -- | $227,484 +10% |
| 2007 | -- | $206,804 +3.1% |
| 2006 | -- | $200,546 +5.3% |
| 2005 | -- | $190,529 +21.1% |
| 2002 | $3,564 | $157,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Highland Park
Nearby schools
GreatSchools rating
- 10/10Highland Park Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 9/10Lamar Middle SchoolGrades: 6-8Distance: 1 mi
- 8/10McCallum High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Highland Park
- Middle: Lamar (Austin ISD)
- High: McCallum
- District: Austin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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