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$395,000
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Property Description
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.
Full Property Details
Full Property Details for 509 Heron Dr
General
- Price: $395,000
- Taxes: $2,973 (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 9550469
- Updated: 7/16/2026
- Added to Site: 28 day(s) ago
Additional Information
- Shared Amenities: None
Location
- Area: LS
- County: Travis
- Subdivision: Cardinal Hills Unit 03
- Driving Directions: From 620 to South Flamingo Dr, Right on Meadowlark, Left on Heron Dr, lot is on the Right. Sign on property.
School Information
- Elem School District: Lake Travis ISD
- Midd School District: Lake Travis ISD
- High School District: Lake Travis ISD
- Elementary School: Lakeway
- Middle School: Hudson Bend
- High School: Lake Travis
Utilities
- Sewer: Public Sewer
- Water: Municipal Utility District
- Utility Description: Underground Utilities
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills, Trees/Woods
- Lot Size (Acres): 0.4169
- Lot Size (Sq. Ft.): 18,160.16
- Lot Features: Backs to Greenbelt/Park, Interior Lot, Rolling Slope, Few Trees, Trees Medium Size, Trees Small Size, Views
- Fencing (Description): None
Water Features
- Water Front Desc.: Creek
Financial Considerations
- Assessment Amount: $184,000
- Tax Amount: $2,973.16
- Tax Year: 2025
- Terms: Cash, Conventional, Owner May Carry
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 121 CARDINAL HILLS UNIT 3
- Disclosures/Reports: Municipal Utility District Disclosure
- Property ID: 1376604240000
- Lot Number: 121
Listed by Horizon Realty
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Schools
Schools serving 509 Heron Dr
School District:Lake Travis Independent School District
| Name | Grades | Distance |
|---|---|---|
Lake Travis Elementary School 15303 Kollmeyer, Austin, TX 78734 | PK-5 | 1 mi |
Hudson Bend Middle School 15600 Lariat Trail, Austin, TX 78734 | 6-8 | 2.5 mi |
Lake Travis High School 3324 Ranch Road 620 South, Austin, TX 78738 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 Heron Dr
Date
Details
Price
Change
Source
7/04/2026
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 509 Heron Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,091
1%
$184,000
—
2024
$3,052
1%
$184,000
-42%
2022
$3,013
—
$320,000
88%
2022
$3,013
62%
$170,200
70%
2021
$1,856
18%
$100,000
25%
2020
$1,575
—
$80,000
—
2020
$1,578
-3%
$80,000
—
2018
$1,621
162%
$80,000
45%
2016
$619
-45%
$55,000
83%
2017
$1,134
35%
$30,000
-25%
2015
$840
-2%
$40,000
—
2014
$859
-2%
$40,000
37%
2014
$875
—
$29,211
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 509 Heron Dr
509 Heron Drive, Austin, TX 78734 (MLS# 9550469) is a Lots/Land property with a lot size of 0.4169 acres. 509 Heron Drive is currently listed for $395,000 and was received on July 04, 2026. Want to learn more about 509 Heron Drive? Do you have questions about finding other Lots/Land real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

