11503 Ladera Vista Dr, Austin, TX 78759

Zoned SF-2 and situated on an expansive 1.24-acre homesite in the established Waterloo Oaks neighborhood, 11503 Ladera Vista presents a rare opportunity to create custom estates in a highly desirable North Austin location. The property currently features a 1,928-square-foot residence, offering the option for a full renovation and ability to build a second residence, or a prime tear-down opportunity to build the homes of your dreams on this oversized, tree-dotted lot.

Surrounded by mature landscaping and generous spacing between properties, the acreage provides exceptional flexibility for luxurious new builds, a private retreat, or thoughtfully reimagined residences. Ideally located with convenient access to major thoroughfares, tech corridors, and North Austin amenities, this property combines privacy, scale, and location—an increasingly rare offering within the city.

A remarkable chance to secure over an acre in North Austin and bring your vision to life.

11503 Ladera Vista Dr is defined by what is hardest to replace in Austin: 1.24 acres in Great Hills within Austin, TX 78759, offered at $1.35M with Austin ISD schools that include Davis, Murchison, and Anderson. For a buyer evaluating land first, that combination of scale, school path, and established location is the core of the opportunity.

This property is listed as unimproved land, yet the value is in the range of outcomes the site supports. The existing 1,928-square-foot residence creates a different decision set than a typical vacant parcel. A buyer can assess a full renovation, consider the ability to add a second residence, or approach the site as a teardown for new construction. That flexibility matters because it widens both the timing and capital strategy. Some properties force a single path. This one allows a more deliberate choice based on end use, construction horizon, and long-term hold.

The lot itself is the strongest argument. Over 1.24 acres in Travis County changes how a future owner can think about placement, privacy, and the overall use of the land. Mature trees and wider spacing between properties support a site plan with more separation and more control than most in-city lots can provide. In practical terms, acreage inside Austin is not just about having more yard. It is about having enough ground to make better decisions on orientation, massing, and the relationship between the home and the land.

Days on market also matter. At four days, this is still early in its exposure, which suggests buyers are looking at it in real time as a land acquisition rather than a stale or picked-over listing. That distinction is important in a category where scarce parcels can attract attention quickly, especially when the site offers more than one viable use case.

The school assignment adds another layer of relevance. Austin ISD, with Davis Elementary, Murchison Middle, and Anderson High School, gives the property a defined public school path that many end users and long-term owners will weigh alongside acreage and build potential. For buyers focused on North Austin land, 11503 Ladera Vista Dr stands out because it offers scale, optionality, and a school-backed location that can support a stronger build strategy and durable long-term positioning.

Great Hills has a golf course that most Austin residents forget exists - the Great Hills Country Club, a private 18-hole layout threaded through mature live oaks that has been quietly anchoring this neighborhood since 1980. The club's understated presence tells you everything about Great Hills itself, a neighborhood that does not draw attention but consistently delivers one of the most convenient daily lives in northwest Austin.

Great Hills sits between US 183 to the south, Loop 360 to the west, and the Balcones Canyonlands to the north, placing it in the middle of Austin's tech corridor. The Arboretum forms the commercial anchor along Research Boulevard, and The Domain is about seven minutes north on MoPac. Apple's campus on Parmer is roughly 15 minutes away. IBM's Austin facility sits even closer along Burnet Road. Downtown runs about 20 minutes south on MoPac. The Arboretum area provides H-E-B, Whole Foods, and enough services to handle most errands locally.

Housing dates from the late 1970s through the early 2000s, giving it a more established feel than newer communities to the north. You will find single-story ranch homes, two-story traditional builds, and larger custom homes along golf course and greenbelt lots. Most range from 2,000 to 4,000 square feet on quarter-acre to half-acre lots. Original builds feature brick and wood exteriors, while renovated homes incorporate limestone and expanded outdoor areas. Pricing runs from the mid-$500s for dated homes up to $1.5 million for renovated golf course or greenbelt properties. The mature tree canopy is a genuine asset that newer subdivisions cannot replicate.

Great Hills feeds into Round Rock ISD for most addresses, which surprises buyers who assume the 78759 zip falls within Austin ISD. Spicewood Elementary and Anderson Mill Elementary serve younger grades, with Canyon Vista Middle School handling the transition. Westwood High School has a strong reputation for math and science. The Round Rock ISD affiliation is a selling point, as the district outperforms Austin ISD on state assessments. Some southern addresses do fall within Austin ISD, so verifying by specific address matters.

Daily life balances suburban comfort with easy access to dining and outdoor recreation. The Great Hills Park Trail winds through the greenbelt. St. Edwards Park on Bull Creek offers swimming holes and hiking terrain that feels wild despite surrounding development. The restaurant options nearby are among Austin's best. Truluck's does upscale seafood. Perry's Steakhouse brings its pork chop Friday tradition. Roaring Fork handles Western American cuisine. North Italia covers pasta in a polished setting. Uchiko serves some of the most inventive Japanese food in Texas. Bartlett's anchors the casual American end with steaks and a bar feel.

Great Hills occupies middle ground between Cat Mountain's established wealth and newer developments in Cedar Park. It is more affordable than the 360 corridor. It offers more mature landscaping than Burnet Road infill. And it provides better tech corridor access than south Austin at comparable prices. The tradeoff is age - much of the stock is 30 to 40 years old, and buyers should budget for roof replacements, plumbing updates, and foundation work on Central Texas clay.

Great Hills makes sense for tech workers at Apple, IBM, or Meta who want a short commute and an established neighborhood. It fits families who value Round Rock ISD without living in Round Rock. It works for anyone who wants upscale dining within five minutes but prefers sleeping in a quiet, tree-covered neighborhood. If you need brand-new construction or walkable urbanism, look elsewhere. But if you want central location, mature trees, good schools, and a golf course visible from your back fence, Great Hills checks those boxes.