Great Hills homes and streetscape

Property Management in Great Hills

Helping Austin property owners maximize rental income with full-service property management, leasing, maintenance coordination, marketing, and tenant screening.

Full-service property management for Great Hills' upscale homes and Hill Country setting near the Arboretum.

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Average Rent
$2,650/mo
Typical Home Value
$575,000
Walk Score
38/100
Property Types
SFR, Townhome, Condo
School District
Round Rock ISD / Austin ISD
Rental Demand
High
Avg Days on Market
20 Days
Investor Rating
A-

Neighborhood Overview

Everything owners should know about Great Hills.

Hill Country Living Meets a Premier Retail Corridor

Great Hills developed through the 1970s and 1980s as one of northwest Austin's more upscale suburban neighborhoods, taking advantage of the rolling limestone terrain and dense oak and juniper cover that gives the area its name. The neighborhood grew up alongside the Arboretum shopping center, which opened in the mid-1980s and remains one of Austin's premier retail and dining destinations, anchoring the area's commercial identity ever since. Great Hills combines winding, hilly streets and larger custom and semi-custom homes with genuinely convenient access to major shopping, dining, and employment, a combination that has kept it consistently desirable even as newer developments have sprung up further from the urban core. For renters and investors, this means an established, higher-end neighborhood with mature landscaping and architectural variety that's difficult to replicate in newer subdivisions.

Housing Stock: Custom Homes and Hill Country Architecture

Great Hills features a mix of custom and semi-custom single-family homes, many built into the area's natural limestone slopes with multi-level floor plans, expansive windows, and mature native landscaping. Home sizes and finish levels vary considerably, from modest updated ranch homes to larger executive properties with pools and extensive outdoor living space. Newer townhome and condo developments have also been added along Braker Lane and Amherst Drive, offering lower-maintenance rental options for tenants who want the neighborhood's location without maintaining a large lot. We find that Great Hills renters place a genuine premium on outdoor living space, mature trees, and privacy, features that distinguish this neighborhood from flatter, more uniform subdivisions elsewhere in northwest Austin.

An Upscale, Amenity-Rich Suburban Lifestyle

Great Hills residents enjoy a lifestyle built around the Arboretum's extensive shopping and dining options, combined with genuine access to Hill Country outdoor recreation via nearby greenbelts and parks. The Balcones Country Club, with its golf course and social amenities, sits within the neighborhood and adds a further layer of upscale suburban identity. Great Hills Park and nearby Bull Creek District Park give residents hiking and swimming access minutes from home, while the Domain, just a short drive south, adds additional retail and entertainment options. This combination of upscale shopping, golf, and Hill Country recreation creates a lifestyle that appeals strongly to professional and family renters seeking a step up from more basic suburban rental markets.

Who Rents in Great Hills and Why?

Great Hills attracts established professionals, relocating executives, and families who can afford a rent premium in exchange for larger homes, mature landscaping, and proximity to the Arboretum's shopping and dining. Many renters are corporate relocations tied to nearby tech and healthcare employers who want move-in-ready, higher-end housing without committing to a home purchase immediately. We also see empty-nesters and downsizing homeowners choosing to rent in Great Hills specifically to remain in a familiar, amenity-rich neighborhood while avoiding the maintenance responsibilities of ownership. This tenant base tends to be well-qualified, values quality finishes and outdoor space, and generally maintains rental homes to a high standard.

Commuting from Great Hills

Great Hills sits directly between US 183 and MoPac Expressway (Loop 1), giving residents excellent access to both the Arboretum/Domain employment corridor and destinations further south toward downtown Austin. Typical commutes to the Domain run under 10 minutes, while downtown Austin commutes average 20 to 30 minutes depending on traffic and time of day. Loop 360 (Capital of Texas Highway) provides an additional scenic route toward West Austin and the Hill Country, a genuine amenity for residents who value that connectivity. This central, well-connected position within northwest Austin's road network is one of Great Hills' most consistent advantages over more peripheral suburban neighborhoods.

Parks, Golf, and Outdoor Recreation

Great Hills Park offers hiking trails through the neighborhood's characteristic limestone and juniper terrain, while the Balcones Country Club provides golf, tennis, and social club amenities for members. Bull Creek District Park, just south of the neighborhood, offers one of Austin's more scenic greenbelt experiences, with swimming holes and extensive trail networks that draw visitors from across the city. Loop 360 also provides quick access to Mount Bonnell and the broader West Austin Hill Country recreation area for residents willing to drive a bit further. This depth of outdoor recreation options, combined with the neighborhood's own hilly, wooded terrain, gives Great Hills a genuine Hill Country character uncommon in flatter Austin suburbs.

Shopping, Dining, and the Arboretum Corridor

The Arboretum at Great Hills anchors the neighborhood's commercial identity, offering upscale retail, numerous well-regarded restaurants, and a walkable outdoor shopping environment that has remained popular for decades. Nearby Great Hills Trail and Loop 360 host additional retail and dining options, while the Domain, a short drive south, adds further shopping and entertainment density. This concentration of high-quality retail and dining directly within or adjacent to the neighborhood is a significant differentiator for Great Hills compared to more retail-sparse Austin suburbs, and it consistently ranks among the top reasons renters cite for choosing the neighborhood.

Employment Access and Economic Drivers

Great Hills benefits from proximity to the Arboretum and Domain office corridors, home to major employers including IBM, Meta, Amazon, and numerous technology and professional services firms. The broader northwest Austin office market along US 183 and MoPac has remained one of the metro's more resilient commercial corridors, supporting consistent demand from relocating and locally employed professionals. St. David's North Austin Medical Center and other healthcare employers in the surrounding area add further economic diversity beyond the tech sector. This stable, diverse employment base directly adjacent to Great Hills continues to support strong rental demand from qualified professional tenants.

Property types we manage

  • Custom Single-Family Homes
  • Executive Hill Country Homes
  • Modern Townhomes
  • Condominiums
  • Renovated Ranch Homes
  • Multi-Level Hillside Homes

Schools nearby

  • Hill Elementary
  • Doss Elementary
  • Murchison Middle School
  • Anderson High School
  • Canyon Vista Middle School
  • Westwood High School

Local attractions

  • The Arboretum at Great Hills
  • Balcones Country Club
  • Great Hills Park
  • Bull Creek District Park
  • The Domain (Nearby)
  • Mount Bonnell (Nearby via Loop 360)

Major employers

  • IBM
  • Meta (Domain)
  • Amazon (Domain)
  • St. David's North Austin Medical Center
  • National Instruments
  • Round Rock Independent School District

Why Owners Choose Driven

A complete management platform for Great Hills owners.

One local team handles marketing, leasing, maintenance, and accounting — with transparent reporting through the Rentvine owner portal.

Talk With an Austin Property Manager
  • Professional photography
  • Syndicated marketing
  • MLS exposure
  • Zillow network
  • Apartments.com
  • Rentvine owner portal
  • 24/7 maintenance coordination
  • Rent collection
  • Monthly financial reporting
  • Annual inspections
  • Vetted vendor network
  • Lease renewals
  • Eviction handling
  • Property accounting
  • Local Austin expertise

Services

Rental management services in Great Hills.

Tenant Placement

Marketing, showings, screening, and lease execution with qualified, verified renters.

Full-Service Management

End-to-end management: rent collection, maintenance, accounting, renewals, and compliance.

Luxury Property Management

White-glove care for high-value homes, including concierge vendor coordination.

Investment Consulting

Buy-box guidance, rent projections, and hold-versus-sell analysis for Austin investors.

Rental Analysis

Comp-backed pricing so your home lists at the number the market will actually pay.

Maintenance Coordination

24/7 intake, licensed vendors, and documented work orders with owner approval limits.

HOA Coordination

We handle HOA rules, violation notices, amenity access, and registration paperwork.

Make Ready Services

Turn management, cleaning, paint, landscaping, and photography before day one.

Rental Market

The Great Hills rental market.

Strong Demand from Qualified Professional Renters

Great Hills commands some of the strongest rental demand in northwest Austin, driven by its combination of upscale housing stock, proximity to the Arboretum and Domain employment corridors, and genuine Hill Country recreational amenities. Well-maintained four-bedroom homes with updated finishes and outdoor living space typically lease quickly, often within two to three weeks, and attract highly qualified professional and executive tenants willing to pay a premium for quality and location. Townhome and condo product along Braker Lane and Amherst Drive draws steady interest from smaller households seeking the neighborhood's location advantages with less maintenance responsibility.

Premium Finishes Command Real Rent Differentiation

Given Great Hills' higher-end positioning, tenants here have elevated expectations around finish quality, and we see meaningful rent differentiation between homes with updated kitchens, modern bathrooms, and well-maintained outdoor living spaces versus dated comparables. Owners who invest in quality landscaping and outdoor living upgrades, given how much emphasis Great Hills renters place on the neighborhood's natural setting, tend to see particularly strong returns relative to cost. We consistently advise Great Hills owners to prioritize curb appeal and outdoor spaces alongside interior updates when preparing a property for lease.

Above-Average Tenant Retention

Great Hills sees above-average tenant retention, driven by a tenant base of established professionals and families who value stability and are less likely to be price-driven movers than tenants in more budget-conscious submarkets. Multi-year tenancies are common, particularly among corporate relocation tenants who settle into the neighborhood and later decide to purchase locally rather than move elsewhere. We approach lease renewals in Great Hills with a focus on maintaining strong tenant relationships through responsive maintenance and fair, market-justified increases, recognizing that retaining a high-quality tenant here delivers significant value over re-leasing.

Pricing Strategy for an Upscale Submarket

Pricing Great Hills rentals requires close attention to finish quality and lot characteristics, since the neighborhood's varied housing stock, from modest updated ranch homes to larger executive properties, produces a wide rent range even within similar square footage. We build comparative market analyses that weight recently leased properties of similar finish level and outdoor space most heavily. Seasonal demand follows Austin's broader pattern, peaking in late spring and summer, though Great Hills' strong corporate relocation demand also supports meaningful activity throughout the year given ongoing hiring at nearby employers.

Short-Term Rental Considerations in Great Hills

Great Hills falls under Austin's short-term rental ordinance, requiring a Type 2 STR license for non-owner-occupied short-term rental operation, with licensing caps and active enforcement citywide. Given the strength of long-term rental demand from well-qualified professional and corporate relocation tenants, we generally recommend a traditional 12-month lease strategy for Great Hills properties. The premium, stable long-term rental income this neighborhood consistently generates typically outperforms the added complexity and regulatory risk of pursuing short-term rental licensing.

Investment outlook

Great Hills offers investors access to one of northwest Austin's most consistently desirable rental submarkets, combining upscale housing stock, mature Hill Country landscaping, and unmatched proximity to the Arboretum and Domain employment corridors. The neighborhood's established reputation and limited remaining developable land support durable rental demand and pricing power relative to newer, still-developing suburbs further from the urban core. The strongest buy-box in Great Hills consists of updated four-bedroom homes with quality outdoor living space, which consistently attract qualified professional and corporate relocation tenants willing to pay a premium for location and finish quality. Continued strength in the surrounding Arboretum and Domain employment corridors should keep supporting demand from this well-qualified tenant pool for years to come. As your Austin property management partner, we focus on maximizing Great Hills returns through disciplined tenant screening, targeted improvement guidance emphasizing outdoor living and finish quality, and retention-focused lease renewal strategies suited to this upscale submarket.

Lifestyle

Why renters love Great Hills.

Proximity to the Arboretum

Renters value walkable or short-drive access to one of Austin's premier upscale shopping and dining destinations.

Hill Country Terrain and Mature Trees

Great Hills' hilly, wooded lots offer privacy and natural beauty uncommon in flatter Austin suburbs.

Balcones Country Club Amenities

Golf, tennis, and social club access give the neighborhood a genuine upscale suburban identity.

Central Northwest Austin Location

Quick access to both MoPac and US 183 keeps commutes to the Domain and downtown manageable.

Bull Creek Greenbelt Access

Nearby swimming holes and hiking trails give outdoor-minded renters a scenic Hill Country escape.

Quality, Custom-Built Homes

Many Great Hills homes feature custom architecture and finish levels above typical suburban rental stock.

Loop 360 Scenic Connectivity

Easy access to Capital of Texas Highway connects residents to West Austin's Hill Country recreation areas.

Strong Employer Proximity

Major employers at the Arboretum and Domain corridors are minutes away, a major draw for working professionals.

Where locals eat and gather

  • P.F. Chang's (Arboretum)
  • Eddie V's Prime Seafood
  • Fleming's Prime Steakhouse
  • Cafe Blue
  • North Italia
  • Uchiko
  • Kerbey Lane Cafe
15+
Real estate experience
1,000+
Real estate transactions
4.9★
Average owner review
TREC
Licensed professionals
"Driven's advice on updating our outdoor living space before listing made a real difference. Our Great Hills home leased in under two weeks to a great corporate relocation tenant."
Owner, Great Hills

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Great Hills property management FAQ.

What makes Great Hills different from other northwest Austin neighborhoods?+

Great Hills combines upscale, often custom-built housing on hilly, wooded lots with unmatched proximity to the Arboretum, one of Austin's premier shopping and dining destinations. The neighborhood's Balcones Country Club, mature landscaping, and genuine Hill Country terrain give it a more upscale character than many flatter, newer northwest Austin suburbs, while its central location keeps commutes to major employment corridors short.

What rent can I expect for a home in Great Hills?+

Average rents in Great Hills run around $2,650 per month, reflecting the neighborhood's upscale positioning, though larger executive homes with pools and premium outdoor living space can command significantly more. We provide owners a customized comparative market analysis that accounts for finish quality and lot characteristics, which drive substantial rent variation within the neighborhood.

Who typically rents in Great Hills?+

Great Hills attracts established professionals, corporate relocation tenants, and families who value larger homes, mature landscaping, and proximity to the Arboretum's shopping and dining. We also see empty-nesters and downsizing homeowners choosing to rent here specifically to stay in a familiar, amenity-rich neighborhood while avoiding ownership maintenance responsibilities.

How competitive is the Great Hills rental market?+

Great Hills sees strong, consistent demand, with well-maintained, updated homes typically leasing within two to three weeks. The neighborhood's tenant pool tends to be highly qualified given the rent premium involved, and demand remains resilient given limited remaining developable land and continued strength in nearby employment corridors.

Can I operate a short-term rental in Great Hills?+

Short-term rentals in Austin require a Type 2 STR license for non-owner-occupied properties, with licensing caps and active citywide enforcement. Given the strength of long-term rental demand from well-qualified professional tenants in Great Hills, we generally recommend a traditional 12-month lease strategy rather than pursuing short-term rental licensing.

What property types perform best for rental investment in Great Hills?+

Updated four-bedroom single-family homes with quality outdoor living space perform best, consistently attracting qualified professional and corporate relocation tenants. Townhome and condo product also performs well for smaller households seeking the neighborhood's location advantages with lower maintenance responsibility.

Is Great Hills a good market for buy-and-hold investors?+

Yes, Great Hills offers strong buy-and-hold fundamentals given its established reputation, limited remaining developable land, and consistent demand from well-qualified professional tenants tied to the Arboretum and Domain employment corridors. Above-average tenant retention also supports lower turnover costs and more predictable long-term cash flow.

How does Driven Property Management support owners in Great Hills?+

We manage every aspect of a Great Hills rental, including tenant screening, improvement guidance emphasizing outdoor living and finish quality, maintenance coordination, and retention-focused lease renewal strategy. Our flat 7% management fee, with no management fee during vacancy and a transparent 5% maintenance coordination fee, gives owners predictable costs while we focus on maximizing returns in this upscale submarket.