— bed, — bath on 0.42 acres in Austin. Austin, TX 78734. $364,500. Lake Travis ISD.
About This Home
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.
- Property Type
- Land
- Lot Size
- 0.42 acres
Listing information last updated October 14, 2026.
Listed by Horizon Realty
MLS# 9550469 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Greenbelt
- Interior Lot
- Rolling Slope
- Trees-Medium (20 Ft - 40 Ft)
- Trees-Small (Under 20 Ft)
- Trees-Sparse
- Views
- Lot Size
- 0.42 Acres
- Creek
Financial
- Original List Price
- $395,000
Utilities
- Underground Utilities
- Water Source
- MUD
- Sewer
- Public Sewer
Transaction History
6 records on file
Every recorded listing, sale, and lease at 509 Heron DR, whoever represented it.
- ActiveListed 2026Current price: $364,500Original list: $395,000MLS 9550469
- Listed · July 4, 2026$395,000
- Price changed · October 14, 2026$364,500
- ExpiredListed 2025Current price: $419,000Original list: $419,000MLS 4957570
- WithdrawnListed 2024Current price: $430,000Original list: $445,000MLS 8887020
- ExpiredListed 2024Current price: $419,990Original list: $430,000MLS 7561078
- WithdrawnListed 2023Current price: $425,000Original list: $445,000MLS 7093111
- ExpiredListed 2022Current price: $449,000Original list: $450,000MLS 6283532
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $364,500
- Original list
- $395,000
- Price movement
- $30.5K reduction
- Listed / DOM
- Jul 4, 2026 · 103 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $260,610
- Assessment Year
- 2025
- Parcel ID
- 000000134558
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+233.3% | — | $260,610 | $260,610 | — |
2021 | — | $78,200 | $100,000 | — |
Virtual Tour
Zoned Schools
Lake Travis
Hudson Bend
Lakeway
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($73K)
Adjustable assumption - not a lending recommendation.
$364,500
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Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$364,500
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
103 days
Original to current
$30.5K reduction
$395K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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