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Highland Park West Redevelopment Opportunity
For Sale
$450,000
Pending

5103 Valley Oak Dr, Austin, TX 78731

0.256-acre lot in desirable neighborhood, ideal for redevelopment.

Property SizeContact for details
Lot Size0.26 Acres
Days on Market253

Property Features for 5103 Valley Oak Dr

General Information

Standard status Pending
Lot size 0.26 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $8,216
Listing Agency: Austin SW
Listed By: Ryan Kelly · License #680652
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Austin SW

Investment Insights

Based on property information with market context.

This 0.256-acre lot is located in the Highland Park West neighborhood. Zoned SF-3, the flat, rectangular parcel measures approximately 63.5 feet wide by 180 feet deep, offering an ideal canvas for redevelopment. Deed restrictions will allow for one single-family home on the lot. The location benefits from top-tier schools, including Highland Park Elementary, and a walkable lifestyle close to Austin staples like Russells Coffee and La Mancha, with easy access to Mopac, downtown, and The Domain. An adjacent City of Austin easement provides added privacy and a unique green space feel, creating an ideal buffer for future residents. This teardown site presents an opportunity for a successful project in one of Austin's strongest infill markets.

Key Highlights

  • Rare 0.256‑acre lot in desirable Highland Park West.
  • Zoned SF‑3, ideal for single‑family home redevelopment.
  • Enjoy added privacy and green space with no neighbors on one side due to City of Austin easement.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Parking Lot & Garage Carpet & Flooring Store Plumbing Service Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,034
Businesses Nearby

Demographics for 78731, TX

27,240
Population
14,939
Households
1.8
Avg Household Size
40
Median Age
78%
College-Educated
99%
High-School Grad
8.7 sq mi
ZIP Area
3,131
Density / Sq Mi
$102,886
Median Household Income
$69,232
Median Earnings
$1,673
Median Rent
$839,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 0.256-acre lot in desirable neighborhood, ideal for redevelopment.
Where is this land located?
The property is located at 5103 Valley Oak Dr Austin, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Rare 0.256‑acre lot in desirable Highland Park West.; Zoned SF‑3, ideal for single‑family home redevelopment.; Enjoy added privacy and green space with no neighbors on one side due to City of Austin easement.
More about this property
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